Good morning.
As before, I wrote that until the 9th I expect a lateral movement without any impulses.
At the moment, you can notice a triangle, the formation of a sidewalk, a decrease along the trend line (short), and liquidity at the bottom.
In general, there is nothing new, again I am waiting for the side of the side with the possible removal of liquidity on the bottom, this will be all the movement until the 9th.
The 9th will already watch that we will be given out on the news and form a further local plan.
As before, I wrote that until the 9th I expect a lateral movement without any impulses.
At the moment, you can notice a triangle, the formation of a sidewalk, a decrease along the trend line (short), and liquidity at the bottom.
In general, there is nothing new, again I am waiting for the side of the side with the possible removal of liquidity on the bottom, this will be all the movement until the 9th.
The 9th will already watch that we will be given out on the news and form a further local plan.
πͺ Room #sol on | 4h | TF
The graph shows that the price over the night pulled an important support zone impulsively and is now trading at a price of $ 150, showing a decline.
πΌ If successful reinforcement above $ 152, will open an increase to $ 158, in case of a successful breakdown of $ 158, we expected to go up to the retest of zones $ 170 - $ 178
β¬οΈ If the price will not be able to overcome the resistance of $ 152, then we will see a decline and a breakdown of support of $ 147.5 and we will go below to a weekly minimum, where the buyers have previously proved to be confidently.
The market expects increased volatility in the coming days, which is why it is worth waiting for confirming the reaction from key levels.
The graph shows that the price over the night pulled an important support zone impulsively and is now trading at a price of $ 150, showing a decline.
πΌ If successful reinforcement above $ 152, will open an increase to $ 158, in case of a successful breakdown of $ 158, we expected to go up to the retest of zones $ 170 - $ 178
β¬οΈ If the price will not be able to overcome the resistance of $ 152, then we will see a decline and a breakdown of support of $ 147.5 and we will go below to a weekly minimum, where the buyers have previously proved to be confidently.
The market expects increased volatility in the coming days, which is why it is worth waiting for confirming the reaction from key levels.
POI (Point of Interest) in the translation literally - "Point of interest"
It is important to understand that POI is not a point in the literal sense, but rather a zone or level at which the price reaction is able to expect.
POI - is a zone in which large players accumulate their positions. Large capital will protect this area where their trading actions took place, including manipulations with the price.
A correctly defined area of ββinterest can give a high probability of market reaction and provide effective trading in the trend.
It is important to understand that POI is not a point in the literal sense, but rather a zone or level at which the price reaction is able to expect.
POI - is a zone in which large players accumulate their positions. Large capital will protect this area where their trading actions took place, including manipulations with the price.
A correctly defined area of ββinterest can give a high probability of market reaction and provide effective trading in the trend.
π΅ ANTC on BTC!
At the moment, on the H4 TF, we see a clear descending stream of orders, which led to the removal of the key level in the form of the Daily Sellside Liquidity. What now?
The asset reserves the right to continue the descending movement until he finds the buyer, but there are already the first signs of his appearance after the daytime raid through the formation of the day Rejection Block on the same timeframe and validation through H4 FVG.
The key brewer for the slope of the descending Field warrant is 106775.0, therefore, after its removal of liquidity from this maximum, it will be possible to state the breakup of the short stream of orders!
At the moment, on the H4 TF, we see a clear descending stream of orders, which led to the removal of the key level in the form of the Daily Sellside Liquidity. What now?
The asset reserves the right to continue the descending movement until he finds the buyer, but there are already the first signs of his appearance after the daytime raid through the formation of the day Rejection Block on the same timeframe and validation through H4 FVG.
The key brewer for the slope of the descending Field warrant is 106775.0, therefore, after its removal of liquidity from this maximum, it will be possible to state the breakup of the short stream of orders!
π΅ - UPD!
The liquidity was removed from the key beer, which I indicated as part of the descending Order Flow. It is important to monitor the closure of the day candle. If the body is fixed by 1D-Timeframe above the key beer, it will be possible to state the scrap of the stream of orders. While BTC can still form Bullish Trap, you need to be careful, given the weakness of many alt-coins who want to go below, in my opinion.
The liquidity was removed from the key beer, which I indicated as part of the descending Order Flow. It is important to monitor the closure of the day candle. If the body is fixed by 1D-Timeframe above the key beer, it will be possible to state the scrap of the stream of orders. While BTC can still form Bullish Trap, you need to be careful, given the weakness of many alt-coins who want to go below, in my opinion.