An “OB” appeared before the ATH, indicating a noticeable reaction in that range. This involves deliberately containing further price movement, which is likely to lead to the accumulation of significant bullish positions for subsequent dumping in the opposite direction.
In this range, potential entry points can be searched based on confirmations from 15m ltf
I am inclined towards a more possible scenario, this is a correction to the initial FVG target in the range of 58120 to 57000, which reflects the current decline of about 15%!
The BTC distribution process is expected to take several days to allow liquidity to accumulate.
In this range, potential entry points can be searched based on confirmations from 15m ltf
I am inclined towards a more possible scenario, this is a correction to the initial FVG target in the range of 58120 to 57000, which reflects the current decline of about 15%!
The BTC distribution process is expected to take several days to allow liquidity to accumulate.
