💎 It's primed for an impressive move as it has nicely tapped the Order Block (OB) and initiated a bullish surge.
💎 Upon deep analysis, we notice that the previous demand turned into supply, causing a downward price movement. The presence of liquidity is the driving force behind this move.
💎 The first bounce saw a price rejection, but the second bounce was weaker despite the rejection, leading to a downward move.
💎 Given the clear imbalance, liquidity, and bearish OB above, we expect the price to reach this level to mitigate this OB.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
💎 Upon deep analysis, we notice that the previous demand turned into supply, causing a downward price movement. The presence of liquidity is the driving force behind this move.
💎 The first bounce saw a price rejection, but the second bounce was weaker despite the rejection, leading to a downward move.
💎 Given the clear imbalance, liquidity, and bearish OB above, we expect the price to reach this level to mitigate this OB.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Trade closed: target reached
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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.
Disclaimer
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.