Dear Elrond , you've been giving me so much this last year. More than one could ask for. A true unicorn.
Bought the rest of supply in the box and added back upon breakout , showing this coin some love.
Now do your thing.
little thread about HTF and LTF levels and what they mean in context.
If you like to read more such threads don't hesitate to shoot a comment.
- chart currently shows highest weekly close on top and bottom aka supply and demand.
- the long wicks above and below do not usually make sense to the untrained eye.
- using multiple time frames we can dig deeper...
there you have it. Area of supply on several time frames hit nicely and shorts seems to ramp up. Impulsive move below daily support will results in some new lows or a test towards deepest weekly close.
some LTF with HTF levels.... got rejected from a key daily level yesterday with a massive wick. Shorted this but not yet 100% sure where we will go.
Should we see some btc sideways this might as well continue the trend to the upside and move toward weekly levels.