See.s the buyers are getting weaker if the sellers could stop the buyers orders and did a range by balancing we can expect 2 things:
1. If the drop after was powerfull we can expect the price to go lower than the tp
1.if the drop was good and ots angle was between 50° - 75° we can expect price to go to the range that broke the last supply zone
Expecting a balance between the buyers and yhe sellers on the powerful supply zone if we had a strong drop then a weak rise in the price after breaking the range near the supply zone we can manage to do a short position
sell short on the pull back
expecting price to go down then do a pull back on the suplly above then falls to the powerfull demand in low og the big range
neo can push upside in the near future(from 6.5$ to 25$ )
there are senarios that helps
1.btc if pushed down below 16k a new altcoins season for those coins that their pair with btc is on the up side
2.btc gets back to its powerfull demand (15.5k - 18.2k) and shows a strong signal that buyers are coming back and the sellers should be weak then the alts pair with...