Why Do Wicks Get Filled? 1️⃣Market Psychology 2️⃣Liquidity Z

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Why Do Wicks Get Filled? 1️⃣Market Psychology 2️⃣Liquidity Zones 3️⃣Mean Reversion How To Trade It? Traders can look for a reversal pattern on a lower timeframe to confirm it.

Why Do Wicks Get Filled?
1️⃣Market Psychology
2️⃣Liquidity Zones
3️⃣Mean Reversion
How To Trade It?
Traders can look for a reversal pattern on a lower timeframe to confirm it.

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📈 After rejecting the $0.03 round number, $NOT has been overall bearish, entering a correction phase in the shape of a falling wedge pattern. 🏹 For the #bulls to take over and start the next impulse phase, a break above the inverse head and shoulders neckline marked in red is needed.

📈 $FLOKI has been overall bullish, trading within the rising wedge in orange. 📚 As per my trading style: As #FLOKI approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📈As per my last analysis, attached on the chart, #BTC rejected the blue circle and traded higher. 🏹 For the bulls to maintain control, and take over from a long-term perspective, a break above the $72,000 resistance is needed.

📈 $NOT has been overall bullish, trading above the rising trendline in blue. 📚 As per my trading style: As #NOT approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📈 $ETC has been overall bullish, trading within the rising wedge in blue. 📚 As per my trading style: As #ETC approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

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