During the Powel speech we save BTC whipsaw, in the process of that we saw alt's have a low volume pump followed by a massive correction.
As BTC has been going sideways the ALTS have been taking the bleeding to fuel liquidity for BTC, Based on the level's we are at im taking a long as .37 is a strong zone for liquidity we either take it for supply and break down or it can take us straight to retest the PDH
As BTC has been going sideways the ALTS have been taking the bleeding to fuel liquidity for BTC, Based on the level's we are at im taking a long as .37 is a strong zone for liquidity we either take it for supply and break down or it can take us straight to retest the PDH
Comment:
Liq grabbed at .37 taken to .38 bait longs then the correction back down to the lows