The market currently sitting may potentially continue down to the demand zone around 1.1313
vol profile indicate potential key area of supply and demand
pending first 3 days of the week to see how the market reacts.
euro dollar currently wicked the STB zone of in the weekly timeframe, could be a potential flip to down trend in lower timeframe.
the large wick indicate lot's of supply last week.
will observe if it will break out STB zone.
ETH in Week and Daily HTF is bullish at the moment, but 4H is showing downtrend, with no Change of Character.
3.9k marks the resistance, will see how the market react to it.
might be the end of BTC and the season of Alts
- react, don't predict. -
if zoom out from Weekly and Daily timeframe, BTC has continue building Lower High & Lower Low, and 4H shows, that there's a strong Resistance sitting between 47-48k.
in lower timeframe, no Change of Character has been formed, but liquidity grab from 47k< .
I'm suspecting Support at level 43.8k 42.5 & lastly 41.5K (which is the last liquidity grab at 41k zone....
