The chart shows just how effective the quarterly ranges have been so far since entering the new range.
A lot of volatility waiting at the top of the range/ swing high, very hard to tell we go from there but one things for sure the bearish Orderblock at 40k will be a huge shorting opportunity, however I don't think we get there too soon.
A lot of volatility waiting at the top of the range/ swing high, very hard to tell we go from there but one things for sure the bearish Orderblock at 40k will be a huge shorting opportunity, however I don't think we get there too soon.
Comment:
Expecting a retest of the lower boundary of the range (25.2k). We front run that area recently but I feel we'll get a true retest to confirm as support. A sweep and acceptance above would be very bullish in my opinion.
Comment:
Looks like we're working towards the retest of the previous range high and our new range lows at the 25,200-25,350 area. A lot of people and money will be resting at this area with big plans. Because it's too obvious I would approach with caution.
I would like to see a sweep of the demand zone under the level and a strong reclaim of at least a few daily candles before thinking about going long. A lot of traders will be caught on the wrong side of this trade, make sure you are not one of them.
I would like to see a sweep of the demand zone under the level and a strong reclaim of at least a few daily candles before thinking about going long. A lot of traders will be caught on the wrong side of this trade, make sure you are not one of them.
Comment:
There is the all important retest of the range low thanks in part to the SEC suing Binance.
Very important times for BTC now, I think a sweep and reclaim could be a good area to go long, if we consolidate above and the lose support it could get ugly in my opinion.
Very important times for BTC now, I think a sweep and reclaim could be a good area to go long, if we consolidate above and the lose support it could get ugly in my opinion.
