hello guys im here with another idea . hope you guys having a good time and enjoying your life and also my ideas , i want to know that your support gives me positive energy , and remember no comment is dumb so cm for me ask questions and share your opinion with me like how i do and give me some support for gaining some +energy for future ideas .
so lets go ahead and start the analysis .
ok guys if you look at chart you can see support and resistance that im going to tell you about it .
but first lets start with downtrend that we had from 19th feb to 13th mar . as you can see we started a down trend from 19th feb just after touching FVG zone for the 3rd time , and it continues to 13th of march and after that we react to 19600( that now can be a number that price react to it ) mostly for fundamentals that we received from american's bank , and also for RSI that was in over sell zone , and after that we broke our resistance with a powerful movement in (4H) time frame and we closed a beautiful candle 21500 , that was a important number( blue line ).
after that we continue our trend and break our box {that we spoke in my last ideas that you can check it in my profile and also you can follow me to see more ideas in the future} that was a fake break out so we rest a little bit and after that we try again so finally we break it from top of it and enter to the FVG zone {that also we spoke about it in the previous ideas . don't wait , go ahead , follow me and check out my previous ideas} .
now we are here ' in the famous FVG zone that if we rest in it , can some how be good . specially for the future . but in the other hand we have very very sensitive and positive sentiment in the crypto market right now because of banks mess and the fear that people are gaining from it so fundamentals can play a bigger roll in compare with the past and also in the other hand we have very very very big news . maybe on of the most important in history . in 22th of march we have feds funds rates records that can effect international markets and also cryptos market . if we hear good news we can have hope for good movement and past the FVG zone behind us very quickly so stay tuned for my updates .
right now we are above our 26600 resistance that in my opinion can play a important roll in the FVG zone .
and also we have 25200 support that can help us for staying in the FVG zone that was all but of course im going to update my ideas as usual so stay tuned stay safe and comment your opinion for me .
thank you for your time . best wishes responsible hunter