i want to note that lite coin is been falling drastically during the week, from $145.00 to a low of $110 this week. i can see a lot of volume of buyer coming in in this zone = increase on demand.
possible move to the pocket of institutions money (yellow zone). o break even some orders, trap liquidity ,and continue the move to the upside . possible move to the 75.000 zone i the next weeks.
possible pull back to fib 618 to continuation of down movement
Possible short reaction to the area giving the smart money entry around that area with a lot of liquidation of positions.
hi to every one watching my content , thanks for all your support and time. now to back testing! right now we can see where smart money get in (banks and institutions), you can notice how react to the zone 0.69363 when it gets there (scope icons). we will look for a buy entry at this zone. twin trade:
we can see manipulation at the white box in the charts, right after that huge move to the upside. possible test of the zone before moving to the upside, zone also in confluence with tren line to the down side.
Possible move to the upside when reaching disturbance zone 1.11476 also break off 2 previous lows indicating momentum to the upside. Zone also in confluence with fib 0.786. lets see how it plays out, is all a probability game
Disturbance zone at 122.723, possible re-test of zone fo a move to the upside to zone 123.477 Twin trade
possible re visit to zone 123.062 for a mossible move down.
down trend establish H.Land L.L created Price made a low and pulled back to fib 0.618 in distance zone. Green zone is a liquidity zone where price goes to trap orders in, Sell limit place for possible wickoff entry. Intraday trade only going for40 pips
2 h.h and 2 L.L created , possible establishment of a downtrend () possible retest of zone 1.12309 for resistance in confleunce with fib level 0.618 and down trend line. berish momentum is strong due to the angle of the trend line, wish adds to my bearish bias.
break of zone 0.86475 , possible retest of zone on confluence with trend line and fib zone 0.618
High probability set ups, trend treding pull back to fib 0.618