There was a huge deviation which started from a fake-out off the big monthly resistance (grey block).
Now price has moved above this monthly key level, which seems a continuation pre-deviation. A retest will be unlikely - bulls don't want to give too many chances to enter a trade.
My buy zone will be in the yellow OB, if it will be retested at all before the halving pump.
Quick liquidity grab from the previous highs, retest of the red OB and continuation until the next big demand zone .
Any change in price action will invalidate the analysis. Stay tuned.
Now price has moved above this monthly key level, which seems a continuation pre-deviation. A retest will be unlikely - bulls don't want to give too many chances to enter a trade.
My buy zone will be in the yellow OB, if it will be retested at all before the halving pump.
Quick liquidity grab from the previous highs, retest of the red OB and continuation until the next big demand zone .
Any change in price action will invalidate the analysis. Stay tuned.