BTC current sitation: - Awaiting retracement to OTE level - Once we get retracement, we look at ALTS for the start of the ALT seasons. Coins to focus on: - Specifically coins that are already at all time lows. - Coins that have been around for a long time - Coins that have a strong community backing Listen carefully!
Over all our bias is still bearish on the weekly and monthly as we havent had a MSS. On the daily we are bullish as we have had a MSS however the HTF can over ride this at any point. on the LTF 4HR we can see a MMSM forming, and we are currently in the Sell Side of the curve. I am expecting price to eventually fulfil this MMSM. We have some strong resistance...
Still looking for price to tap into the weekly FVG and the 50% level of dealing range My bias is bullish, we have taken out some key LQ below and I am expecting price to hold high resistance lows. More details in the video!
Analysis for the week of 9th Dec: -Bullish OF on LTF -Expecting a deeper pullback -Price to pull back during the first half of the week and possibly tap into the FVG before we got the move higher.