Ok.We had a trend correction a few minutes ago according to BTC.HOT did what RVN did yesterday.RVN is holding, lets see what HOT will do,this is the second attempt.Also your answer was noted and taken in consideration.Thank you.
@coindown, Large orders need liquidity from sellers to drive prices higher. I'm suggesting a tap below 0.08 may trigger a number of sell orders plus grab stops sitting below that zone from bulls who purchased the B leg reversal.
@coindown, At 0.07 we have an order block and an IPL (Institutional Price Level) that triggered the last big move to the upside. It's possible that zone may once again fit the - buy at a premium, the institution algorithm seeks to fulfill.