-We are in a demand zone -Price has just stopped at the POC for our previous run-up -extremely high volume on a red candle with low/normal spread and bottom wick -next shelf of selling volume is in the $175 range. - We have formed a rather large double bottom on the (30min ) time frame. -Price is in an extremely high volume shelf that begun this previous run-up -We have reached our bottom Bollinger band with enormous room for upside.
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