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Gdpredador
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I will be back soon. I am redoing analyzes and looking for ways to protect myself against further losses. We are waiting for US interest rate decision
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The buyer is having a hard time there but will spend money to defend the minimum. $NEAR At that moment you think you're going to melt. It's even possible. but this buyer will spend money to defend this region. defense
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this is the confirmation of demand, now is the time to find out if our pattern can hold prices, the biggest movement comes after confirmation, but it should not come below this region, the negative point is that the seller entered with volume while our pattern defense is out of volume.
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The pattern that I disclosed in my penultimate post is a bullish pattern and the entire market shares the same pattern. Some cryptocurrencies have a larger continuous candle which makes the pattern stronger and more susceptible to breaking the bottom as it has more strength and others have an uglier pattern that leaves a little to be desired. The negative point is the low purchase volume. but in general the entire market is preparing for an upward movement. I don't know how far it goes. as Bitcoin will encounter a region of struggle ahead. but we will see at least a recovery from the last downward move.
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lack of continuity on h4 can become a problem for buyers to maintain their positions. But even though the region has a strong concentration of buyers, the price will enter the fighting zone.
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Bitcoin holds the trend line, but there is no volume in the bullish candles.. the price will return to fill the unexecuted orders from the imbalance generated by the downward movement. but tends to defend in the $103,500 order block to talk about bullish bitcoin it needs to flip the region, but before that it will suffer a defense in the same
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