BTC Exhibit C - The bands... (as confluence) Price finding sellers which was confluent with daily 12/25 bands ... in line with stacked sells overnight (see third image) and just…
Original source excerpt
$BTC Exhibit C - The bands... (as confluence) Price finding sellers which was confluent with daily 12/25 bands ... in line with stacked sells overnight (see third image) and just beneath the htf ran…
$BTC Exhibit C - The bands... (as confluence) Price finding sellers which was confluent with daily 12/25 bands ... in line with stacked sells overnight (see third image) and just beneath the htf range lows... aka lower high Personally closed the majority of the short here into the 50w MA Back to ltf and contemplating a probable long if we take out the sept fomc lows and get a good enough reaction to switch long again for few thousand points higher... Decent book depth for now (what matters is how price trades into them and should the bids not get pulled - the ladder helps - delta as well)... so ideally would want to see if forced sellers / liqs absorbed... Acceptance below those lows and the inability to absorb probable liquidations around sept fomc low = flushes lower... Just a matter of reacting... If none of that makes sense just draw an 8k wide monthly order block and call it support Cheers
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