Namwarone

Market stagnation before the retrace

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Due to low liquidity during the weekends we are going to see most likeley not much action on the Market.
We have 2 Major Liquidity Zones that should be recovered on Sunday evening latest Monday.

Expect a retrace to 16445USD

Short orders are favourable.

Another possibility is before retracing to the 16445USD zone a touch of the 800EMA before we retrace.

Wait and observe the behaviour, on Sunday latest monday we will know more about the market intentions.
Stay calm and wait for the liquidity to come into the market.

Enjoy the weekend.

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