Technical analysis by CengizhanS about Symbol API3: Buy recommendation (4/11/2022)

CengizhanS
API3USDT Güncel 11.04.22

After the yellow collection stages, the rise did not come as we expected. Btc I think that the melting under the bottom should be evaluated without forgetting that there is still a decline tendency in its dominance. The areas I take into the blue circle, the areas where sudden rises come and breaks. Here you can see the concept that we call Order Block. These are good support. With this decrease, many long positions were liquidated. Panic sales came to the continuation. What happens now? 1. Here you can send prices up and sell from the bottom. 2. They can keep the price at this level and reduce and deepen panic sales. The difference between the order and the trigger price in the stoploss should be taken care of. Otherwise, the order may not be triggered in harsh decreases. Good luck.