hi as i indicated earlier , BTC is in near a huge resistante block ,
it must go down but why haven't it already started the fall ?
well , its a little complicated but the short answer is this , price is making sell side liquidity down bellow , around 28300 - 28600 . and after its built , it might go hunt it . and after that might come back to this very block that it is in . to hunt buy-side liquidity . and then the fall we've been waiting for !!
sooooooooo its gonna be boring but DON'T LEAVE UR POSITOIN OPEN WHEN UR NOT AROUND .
price might make some vicious moves .
that's it , good luck ...
hamid
it must go down but why haven't it already started the fall ?
well , its a little complicated but the short answer is this , price is making sell side liquidity down bellow , around 28300 - 28600 . and after its built , it might go hunt it . and after that might come back to this very block that it is in . to hunt buy-side liquidity . and then the fall we've been waiting for !!
sooooooooo its gonna be boring but DON'T LEAVE UR POSITOIN OPEN WHEN UR NOT AROUND .
price might make some vicious moves .
that's it , good luck ...
hamid
Trade active
first target reached . as we now consolidate on 28300-28600 price block , liquidity is forming in 29000-29300 price range . sooo can u guess what's gonna happen next ???if u said price will hunt this LQTY , YOURE RIGHT !
so now go get ur popcorns for this cinematic move (;
but as always , expect the unexpected , price can fall from this very place without ever touching that 29000 order block , in that case for u not to be out of the game , enter wisely
Note
now we wait for price to reach 27000-27300 . then i'm going to wait for the market to show me its dirty hands !! next bias will be discussed in a new idea . (;
Note
the hunt was a little dipper than i thought , now it might be time for hunting that 29000< liquidity, although technical analysis is no longer as clear as i thought it would be .Note
finally we retraced back into 29000 block . it took much longer than i expected , but now im all shortTrade closed: target reached
done
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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.