noticed we have a daily -fvg above us. there a couple of scenarios.
we can drop down from here to the weekly +fvg. not the best probability but its possible. if I will see a Lower high and a lower low on the 1h or 15m + an fvg to the downside I will consider shorts from there
ETH can reach the daily -fvg and BTC don't then we will have a SMT. if ETH will reach the daily -fvg with a lack of displacement then both BTC and ETH will male a lower low and lower high with an -fvg I will search for shorts.
we can reach the daily -fvg in both BTC and ETH then drop to the weekly +fvg. again, I will look for a lower low and high with an fvg then I will consider shorts.
and there is a possibility that we will disrespect the daily -fvg and continue higher since we reached the weekly +fvg on ETH and TOTAL. that created an SMT between the lows of ETH and BTC.
it all depends on the price action on the 1h. kinda risky conditions since the halving is in a couple of days. that's why Im looking for extra confirmation
we can drop down from here to the weekly +fvg. not the best probability but its possible. if I will see a Lower high and a lower low on the 1h or 15m + an fvg to the downside I will consider shorts from there
ETH can reach the daily -fvg and BTC don't then we will have a SMT. if ETH will reach the daily -fvg with a lack of displacement then both BTC and ETH will male a lower low and lower high with an -fvg I will search for shorts.
we can reach the daily -fvg in both BTC and ETH then drop to the weekly +fvg. again, I will look for a lower low and high with an fvg then I will consider shorts.
and there is a possibility that we will disrespect the daily -fvg and continue higher since we reached the weekly +fvg on ETH and TOTAL. that created an SMT between the lows of ETH and BTC.
it all depends on the price action on the 1h. kinda risky conditions since the halving is in a couple of days. that's why Im looking for extra confirmation