BTCUSD We have the most Pro crypto government in the US elected, which changes things a bit. The change we are seeing is a lot of new money coming into blockchain, and more importantly, a government focused on innovation instead of outlawing everything related to blockchain. I think we will at least go another 1.3X from the current price over the next 6 months. Bigger players mean more volatility, so if trading with leverage, be extra conservative.
BTCUSD The lows also become TP for shorts as well, this is simple stuff guys. Until we close below the strong bullish impulse candles we cannot reverse engineer that process for bearish projections.
BTCUSD When bearish candles are traded through with longs, the candles become support because the bears that were trapped start exiting as price comes down.
This is the simple explanation and why I have a box labeled +OB (Bullish Order Block)