Trader_GS

Imbalance of Bitcoin

BINANCE:BTCUSDT   Bitcoin / TetherUS
Here is the weekly candle chart of #BTC.
Single white candle tends to be filled by black candle.

There were two imbalance zone in this bullish wave.
First one is $12,000 ~ $18,000, the second the is $20,000 ~ $29,000.
The second one was filled by recently dropping.

All that's left is the first one, between $12,000 and $18,000.
The first imbalance zone might be filled by black candle.

When price reaches weekly demand 2 after filling the first imbalance zone, around the $12,000, the next wave will be started.

Penafian

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