| Your time is precious so I write concise and precise, feel free to ask for more |
So far, we have broken the support due to the FTX scandal, spending time here, and I am assuming two scenarios.
#1 With a motivating narrative/news, we will rise above the support and attract more funds to the crypto market. #2 We will dump to the next support as the market continues to struggle in tandem with the unfavorable situation in the SPX500USD. As a result, I anticipate a good buying opportunity between 12K and 14K. There are two yellow arrows there, which I believe will act as a liquidity pool and driving forces.
Do you consider any other possibilities? I would be happy to find out.
Wish you green | Your time is precious so I write concise and precise, feel free to ask for more |