Bitcoin looks like it’s going to go up and continue down. With all the recent higher highs and higher lows, it could return to the fall off order block before it continues down.
Hey so. I’m dropping another hundred now. It’s just too tasty to let go. This is not financial advice as I invest by market structure and dollar cost averaging. But this is my entry and it’s looking like a good swing high.
The reason why XRP is giving weird price action and movement is because back in 2020, it broke out of what would’ve been a sell back to an OB. It made a bearish railroad then came out of the sell off with an explosive buy. Now it’s back at that structure (to be more accurate - it’s inside of structure at the top of it)…if it breaks out this weekend to the upside,...
It’s at a position where smart money would enter but it didn’t hit the demand zone.
You could technically dollar cost average at this level and make a ton. Though if you want to wait for it to reach 700-500 then do so.
Price just hit a weekly order block. Previously the prices created liquidity in the form of a triple bottom. Since price was already headed downwards, this would be a good place to look for sells and placing take profit plots within the inbalances.
