From the last time as we said we went to test the 18.5K zone and so we did after what we had a nice pullback to 21K π. For now we see that it has been in that demand zone of $18500-$18800 and holds for now.....but the pressure is still big. We see that we should have a pullback soon to lower levels or so called "Liquidation huntings" after what we should go back to 20.2K.
Any kind of long movement is not excluded, nothing more than a good old backset/impulsive push that could turn out to be a manipulation. What are your thoughts guys
Yours Sincerely,
Swallow Team
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