Bitcoin / TetherUSShort
BTC: Acceptance above "Range High"?
Tl;DR:
. dormant volume
. at major resistance
. thick wall of liquidity around 24K
. wicks in this area mean: most probably distribution
. acceptance above range high denotes a shift in narrative
. context is range-bound with low volume which sets the perfect stage for liquidity hunting
. acceptance below mid range means YO will be probably tested
. considering the context is range-bound I will pursue aggressive profit-taking
. dormant volume
. at major resistance
. thick wall of liquidity around 24K
. wicks in this area mean: most probably distribution
. acceptance above range high denotes a shift in narrative
. context is range-bound with low volume which sets the perfect stage for liquidity hunting
. acceptance below mid range means YO will be probably tested
. considering the context is range-bound I will pursue aggressive profit-taking
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