Good evening all…
Let’s make the assumption that Bitcoin is going to hold and the alts make their moves…
The chart above is FTM..Looking at the behavior of FTM its clear we are approaching the potential for a play to the upside…
Zoom out and justify…
There is a clear test of the M2 Pivot point which could be another place where stops are potentially in the charts…
I have explored Hyblock and nothing is present in terms of liquidation zones near by, however, they have just absorbed a total of 12m short liq zones…
Now I am assuming there are more zones as there is a pool of liquidity in the chart above…
Things to consider…
1)Ema kiss. 200 and 50 flat on the 1hr…Expect expansion
2) Green stopping volume candle
3) M2 pivot being appearing to be confirmed…
4) Trading below the 2.20 zone
5) the two big green vectors below could imply the first push of the prescence of 3.
Now this play is on the basis bitcoin holds and the alts start to gain more over the next 24 to 48 hours…
Keep an eye on this
Mad Love to you all guys.
Trade Well, Sleep well..And dont trade weekends
T
