The price nearly ticked above the liquidity zone but quickly returned to safer territory. Price is curling and dancing with the moving averages as they get closer and closer. The macro trend pattern that has been forming since the 2018 crash still has tread space left and so we can continue within that market and continue within the liquidity zone for the most part.
We’re near the top of the liquidity zone and the top of the macro pattern channel.. this should tell us that in the mid term we will have further downside even if just to the weekly 200ma.
XBT
We’re near the top of the liquidity zone and the top of the macro pattern channel.. this should tell us that in the mid term we will have further downside even if just to the weekly 200ma.
XBT