while almost every btc trader was looking for buy i was looking for sell because i see some sell pending orders, the first sell zone i spot wasn't really respected, i draw it line with yellow line. on the chart here i wasn't just happy with the volume of that got to the sell zone so i take it to my self sellers are not just ready for sell because there are higher...
Btc price is currently doing compression(in my own point of view), i am waiting for 50500 to sell and previously at 51100 there was an Engulfing sell in that region putting more confirmation to me that this is a strong selling zone, i also sight a selling imbalance at 53800, price might need to get to this price before it massive sell.
i am looking for sell at $46000 or $50000, if i am selling from $46000 my tp will be $38000 and if i am selling from $50000 i will be selling to $30000.
I am waiting for btc to reach $46000 or $50000 and sell
I see potential buy zone for Gold at 1834. i am buying at 1834 due to demand zone at that area on H4 chart.
Bitcoin is moving close to it potential buy zone and i am expecting price should fly to 45k or even more.