ORDER BLOCKS, ORDER FLOW IS THE WAY TO PREDICT WHERE PRICE WILL RETEST. ITS IN ADVANCING STAGE NOW AS DISTRIBUTION AND DECLINING STAGE HAS COMPLETED.
As you can uploaded on previous update we can expect a sell perhaps long term as well also dependent on the release of economical data 06-8 Jnauary 2021. However, it i splaying our accordingly.
]Currently Crude oil price is set to increase Jan 2021. Canada main export for CRUDE OIL to U.S and this would mean increase in oil price for the U.S would mean trim in economic growth and affects consumer FX:USDCAD CRYPTOCAP:USDC behavior(consumers may switch to alternatives ) . Firms may cut back on investment as well. Rise in cost pushes up inflation.