We are entering distribution area where a lot of previous top buyers may want to exit
Not expecting a pump straight through ATH since its a heavy selling area (thick horizontal line at 57)
Instead, could be nice to have a channel going up slowly chewing away at that area before a final pump
Right now might go straight for channel top pre market open or paint IHS to trap bear liquidity to make it easier
If it happens I will be swing trading within this channel, moving increasing focus on alts
Not expecting a pump straight through ATH since its a heavy selling area (thick horizontal line at 57)
Instead, could be nice to have a channel going up slowly chewing away at that area before a final pump
Right now might go straight for channel top pre market open or paint IHS to trap bear liquidity to make it easier
If it happens I will be swing trading within this channel, moving increasing focus on alts
Nota
btc might have shown near-top just now but crypto has not finished the rally yet, i'll be waiting for the liquidity to move to eth and some alts next
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.