Hey everyone,
Here we can see BTC invalidate out Daily Bullish OB, and we came down nearly retesting the low, hitting 36323.
Currently we still hold market Structure, but unless we see some sort of aggressive bounce I am confident we will test 33k, to fill out the imbalance form the last move up.
That would bring us near the Daily OB at 32.9k and we will likely test that OB while we are down there.
If the MMs want to take out the liquidity sitting below that bullish Daily OB we will likely see a wick down to 28.5-29k.
Yes I really think that is on the cards as of now.
As I said earlier if we go that low I will start to seriously accumulate more BTC.
Hope you enjoyed this update, I'm healthy again so will be updating daily on the market.
NOT FINANCIAL ADVICE, this is purely educational and my opinion. DYOR when trading and never buy or sell based of my technical analysis alone.
Take care guys. See you tomorrow!
Here we can see BTC invalidate out Daily Bullish OB, and we came down nearly retesting the low, hitting 36323.
Currently we still hold market Structure, but unless we see some sort of aggressive bounce I am confident we will test 33k, to fill out the imbalance form the last move up.
That would bring us near the Daily OB at 32.9k and we will likely test that OB while we are down there.
If the MMs want to take out the liquidity sitting below that bullish Daily OB we will likely see a wick down to 28.5-29k.
Yes I really think that is on the cards as of now.
As I said earlier if we go that low I will start to seriously accumulate more BTC.
Hope you enjoyed this update, I'm healthy again so will be updating daily on the market.
NOT FINANCIAL ADVICE, this is purely educational and my opinion. DYOR when trading and never buy or sell based of my technical analysis alone.
Take care guys. See you tomorrow!