3 day order block in this area and seems to be the last line of defence for bulls. 26705 is a demand zone and with a lot of volume traded in the area. Would like to see a strong reaction at this level otherwise I will probably cut my trade short. Evidence of buyers stepping in is what I would like to see but bears have been strong. Lets see how this plays out!
Considering S&P was absolutely ripping (currently at major resistance at the moment) XRP news, USD dumping and other bullish narratives. BTC has been slow to react, that said I can see it catching a lot of people offside with a move down to sweep current range lows and push back up. I am by no means bullish but I can see a move zone to this area and last push back...
BTC looks strong. I am posting my long idea here. I think there could potentially be a sweep of that low marked orange and then a push back up in my opinion.
We seem to have tested most demand zones now. I can see a possible scam wick into this area.
Supply Zone for BTC possibly a scam wick into this zone.