Just like
Currently, price is trading inside weekly demand area which is also bullish OB zone.
Premium liquidity wick has already been swept, similar to
However, there’s no CHoCH yet on any timeframe.
I believe
If price doesn’t tap that zone but gives a 1H or 4H CHOCH and closes above $3.69T (4H candle close) that would be a positive sign for overall crypto market.
If demand area gets tapped and a CHOCH confirms, that would signal a potential major reversal for entire crypto space.
For educational purposes only — not financial advice. Always do your own research (DYOR)
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
For educational purposes only — not financial advice. Always do your own research (DYOR)
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
