Augmented my previous chart indicators to draw a few TP target lines for an entry; again based mostly on bot manipulation of the order book and the trends noticed over the last 3 days. Mornings and evenings are when the bots begin to fire and drive up and down buying paper hands. It very well may play the same game and dump the price to collect more around the $4-$6 range prior to launching the price back into the $14-$15+ range and then likely move on to it's next targets.
Similar activity was noticed on the REQUSD pair a few days ago before it fizzled out at its current price of somewhere in the .5 range.
As always, #DYOR & I am most certainly not your financial advisor, the content published by BLOCKandChained is for entertainment (and entertaining it certainly is when we're dead wrong LOL) purposes only.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.