as i was helping someone better understand some of these terms, like golden pocket...
actually ill skip it. okay the SPY, everyone's favorite!... (to play 0dtes on) jk, i do it too sometimes.
This is a great example of a "high probability set up" . when you have multiple indicators pointing to the same thing.
we have not 1 not 2 not 3 but 4! indicators all...
You can use these levels for your trades, because I am pretty sure we will see a reaction on all of them! These levels will be respected even on the 1-minute chart, so do not underestimate them!
If one of these levels is destroyed, it's likely that the price will move to the next level specified on the chart.
On the bullish side of the chart, we have a strong...
#BTC1!
$BTC filled the lowest gap between $26650 and $23685. and reached the support zone.
now #BTC have 2 gaps above the nearest is between $27355 and $28920, that if price hold this support zone, then bulls will head up to fill these gaps.
Annotations and Ideas provided on chart
General Idea:
Possible Double Bottom, w/ second bottom forming higher low
decreased selling on second bottom
Price trading in oversold territory (below the channel)
Unfilled Gap that also coincides w/ local HVN (not marked)
