I have been following this project for some time and am amazed at the technology behind it (Smart Portfolio tech, Dynamic Automated Market Making, Meta-Governance, etc.) so when price starts to confirm the same feelings I have about the fundamentals, it's GAME ON!
Holding above this Bullish Order Block is definitely going to be a good sign. It...
Wyckoff accumulation schematic.
We are currently in Phase B. (We arrived from a daily distribution schematic)
I'm expecting a spring formed that catches the liquidity below the equal lows and below the selling climax.
Only After that, I can see BTC recovering to at least 50k per coin.
Right Now I am still holding my BTC and will add more with this liquidity scoop...
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Currently at a major Daily orderblock level with a potential sign of a significant reversal to the downside. However, with the last push to the upside coming in the way of being very impulsive the likelihood that we could turn bearish at...
I haven't done one of these in a while so here are my thoughts.
As we're still bullish long term with foreign (Euro) currency and Tuesday tends to be the day of the high or low, I'm gonn call the low. As you see there's a Turtle Soup the has sellers trapped below a certain area hoping for a return so they can get out of their trade. But the breaker sitting on...
Projection for GBPNZD. Look for potential buys off confirmation of the immediate demand zone, to push prices towards supply. Potential sells at that level means that you're taking a countertrend trade.