Hi all!
BTCUSDT
✔️W. The week ended with an aggressive decline at $26,189, reaching the DM zone and completely filling imb W. There was also a 0.5 wick test for the month.
✔️There is one more imb W below and a liquidity point (marked at $24 800)
🏳️If there is no setup for purchases at the current positions, then we are more likely to see a withdrawal of $24 800 and an imbalance test
🏳️More locally on the daily TF, I consider a correction from falling into the $26 830-$28 730 zone
❗️Not a financial recommendation, before entering into a particular transaction, conduct your own analysis of the asset
BTCUSDT
✔️W. The week ended with an aggressive decline at $26,189, reaching the DM zone and completely filling imb W. There was also a 0.5 wick test for the month.
✔️There is one more imb W below and a liquidity point (marked at $24 800)
🏳️If there is no setup for purchases at the current positions, then we are more likely to see a withdrawal of $24 800 and an imbalance test
🏳️More locally on the daily TF, I consider a correction from falling into the $26 830-$28 730 zone
❗️Not a financial recommendation, before entering into a particular transaction, conduct your own analysis of the asset