After breaking multiple Demand Zones and having liquidated many buyers from the market, it is expected of the Whales (Banks and Financial Institutions) to move price in their favour. Another reason why one really needs to be careful with SELLS on BTC right now is that, BTC is a Bullish Market irrespective of its Bearishness on Weekly and H4 Timeframes. Enjoy guys!!! 😉
DAILY + H4: UPTREND MAs: UPTREND FIB: Price has failed to break 38.2 multiple times. A nice bullish breakout candle out of the 38.2 range to the upside should be a good entry for long
It is expected of the Market to trade down to the trendline because of the H4 DOUBLE TOP but if the price should break the trendline and close below it, then we have 'break of structure'
GJ is either BULLISH or BEARISH but i'm never entering if those my confirmations aren't met.
If the zone got broken successfully, then up to the SKY