Is this what we have been waiting for?
I believe if this W formation holds before the New york close, Then we may see some interesting activity in Tokyo…
WE must be aware…If bitcoin drops below this current first leg…Things could get interesting as we would then have the start of peak formation…If you remember that previous zone? …Things could get interesting here guys…We must proceed with caution…If bitcoin breaks down…the next zone will be likely a point the market makers see..
Right now, we are waiting to determine if this W formation will come into play….
Patience as always guys.
Trade Well My Friends