Ok, so, if we recall from yesterday’s price action with ethereum…Is bitcoin showing the same behavior….
WE saw this same move yesterday…
Notice how the 5 and 13 ema on the 15 and close together. We are expecting an expansion…
The 1hr time frame is showing the wide expansion of the EMAS…We are expecting the reversion to the mean…
The projection you can see is on the basis that everything pulls back and that they have found the low for the day…
As always, we anticipate the return to the vectors…
Look at the development of the candles from the lower time frames.
As always, when it’s quiet…That is when we pay attention..
WE do not move when volume appears out of nowhere…WE wait for confirmation.
Mad Love
T