BTC Bull & Bear Zones, Realistic Expectations for both sides.
We're at a commonly known imbalance pattern that loves to refill the OBs as per marked out with the dark red spots. TLDR for now we should be quite bullish. BTC can still sell off but not much longer. The small red zone is all the possible selling pressure that is left on BTC. The lowest green zones are the absolute lowest BTC can possibly go before the next overall high is priced in for BTC.
If we break the OB levels as marked out, we will most probably reach for all time highs.
How would I trade this now? Start preparing long trades while also being cautious of one more leg down.
I'm a net shorter when I trade. So I'll only be trading the dark red order block once we reach there.
I'm a net long investor, So I'll be reallocating my capital into crypto.
Good luck everyone
If we break the OB levels as marked out, we will most probably reach for all time highs.
How would I trade this now? Start preparing long trades while also being cautious of one more leg down.
I'm a net shorter when I trade. So I'll only be trading the dark red order block once we reach there.
I'm a net long investor, So I'll be reallocating my capital into crypto.
Good luck everyone
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