Interesting run of the lows on OP.
Just like the rest of the crypto market the overall reaction around the HTF OB and the sellside will depend on BTC holding its 60K-62K lows.
IF we fail to hold the current levels we will likely continue towards 1.7050$ and create lower lows.
IF we hold these levels we will revisit the buyside liquidity.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Just like the rest of the crypto market the overall reaction around the HTF OB and the sellside will depend on BTC holding its 60K-62K lows.
IF we fail to hold the current levels we will likely continue towards 1.7050$ and create lower lows.
IF we hold these levels we will revisit the buyside liquidity.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
