just checking back on this guy. looks like 3d order block nd trend line held despite the + 100 dollar U turn creating a higher low (for the moment)
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this will probably be my last update. this area saw two large bounces (~125 and ~80) as of this post were are currently in this order block again. If i zoom in it looks like some level of test has occured to turn this back into support (but i have not been paying attention to price action today)
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IamNomad
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zoomed in a bit. looks like price is trying to preserve the bull trend line but current caught under the orderblock highlighted (1d s1, 1w s1).
If this was forex , i would say this was a stop run on the etf wick down but who knows with BU camp
lc_parente
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Omg! So, according to this we are going to have a long downtrend week, which appears to be pretty much correct from you point-of-view. I think it is time to look another Altcoin ;)
IamNomad
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@lc_parente, i wouldnt tell you how to trade. But i will say this is an area to pay attention to if its reached. Is that fair ?
zoomed in a bit. looks like price is trying to preserve the bull trend line but current caught under the orderblock highlighted (1d s1, 1w s1).
If this was forex , i would say this was a stop run on the etf wick down but who knows with BU camp