Current Range levels: 1) 3.618 to 5.618 (at maximum) 2) 4.236 to 5.236 (concentrated) Near Points of Thick liquidity: Should be noted, old liquidity can easily be shredded with enough momentum. a: 55k & 53k b: 30k - Cases for touching "a" first: 1) When BTC.D begins to drop bitcoins price historically rises, on daily BTC.D has had a lower hight and is...
tools used/ fiboancci, support and resistance, depth chart so, here, placed sbo @2463 and sso @2496 , using depth chart . lets see hou it goes.
On the 4 hour chart we can see a clear inverted head and shoulders pattern has formed...it needs to go above the thinner grey line to break the neck line in order to be valid, but even then, we need bullish confluence in every key indicator (rsi, stoch, mac d and especially Volume) to validate the pattern. To break the grey neckline we will need to get above...
PROJECTION - BECOMES SHORTER FROM THE PREVIOUS MOMENTUM - ALMOST THE SAME FROM THE PREVIOUS DEPTH - WAITING... EXPECTATION - LH
MY 2ND HOMEWORK WITH MR PIPS OF ORDER FLOW MOMENTUM PROJECTION DEPTH