Shellings

Shellings

BTC has been overbought, leaving imbalances and inefficiencies. The market will fill in the inefficiencies using the supply zone it has just entered.

Shellings

DOGE filling imbalances and mitigating demand zones to take liquidity of bears out.

Shellings

Expecting price to take out liquidity to the top and reverse at the demand zone, supporting bearish structure and taking out liquidity

Shellings

Let's wait for price to act on that strong resistance point.

Shellings

Good opportunity to go short

Shellings

The next support line could give a good buy opportunity. If price action wicks appear then the idea has a higher probability of being correct.

Shellings

I'm entering a long position here