Before we can expect a definitive breakout we need to be cautious for one more leg to the support / supply area. I noticed a very similar pattern in price action of BTC at the end of September and now. Check the fractal overlay from end of Sept over the current price action in the chart. Similar isn't it? It would make sense to get rid of the longs before a blast off, now everyone is getting greedy on leverage longs and with a 15-20x such a last dump could liquidate bulls while fuelling the bears. Last week I said; wait for Friday, this week I say; wait for Wednesday! Market maker will not fool me! ;)
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
Possibly. Covid omicron hoax wearing thin after everyone caught on to MM trick and stock market responding to hoax nicely in pre-market.
cryptobullethbtcxlm
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@gata9aigata9ai, agreed. mm always uses news to move price... sell wall is still huge and favorable towards another liquidity grab at supply zone, lets see what happens...