We are entering distribution area where a lot of previous top buyers may want to exit
Not expecting a pump straight through ATH since its a heavy selling area (thick horizontal line at 57)
Instead, could be nice to have a channel going up slowly chewing away at that area before a final pump
Right now might go straight for channel top pre market open or paint IHS to trap bear liquidity to make it easier
If it happens I will be swing trading within this channel, moving increasing focus on alts
Not expecting a pump straight through ATH since its a heavy selling area (thick horizontal line at 57)
Instead, could be nice to have a channel going up slowly chewing away at that area before a final pump
Right now might go straight for channel top pre market open or paint IHS to trap bear liquidity to make it easier
If it happens I will be swing trading within this channel, moving increasing focus on alts
Nota
btc might have shown near-top just now but crypto has not finished the rally yet, i'll be waiting for the liquidity to move to eth and some alts next
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.