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since Oct 17, 2022
beyondta
btc
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Pulling this horizontal channel on the log chart, we see we are currently at the top of the channel, while also sweeping previous highs within a bearish Weekly order block. If we fail to close above this zone, the next draw on liquidity with multiple confluences (fvg, bb, ote, golden pocket) is around 30k for BTC.
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Shiny new airdrop coin, HTF expecting an initial dump on launch, into an accumulation phase, into a short squeeze liquidation pump into a 1:1 extension target drawn from swing low to swing high. Trigger for long: H1/H2 sweep, demand zone at range lows.
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