Hello everyone, it's the second time today, remember 😆
💥 We are exactly in the area that bG noted yesterday: 90.5-90.8. Not only atrai $BTC but most alts are in the strongest demand zone in the medium term.
--> This is the demand zone of the previous wave with a lot of liquidity that the sharks must defend if they want to maintain the trend. The thing is, they only know when to push down, we can only see 1 or 2 days ahead 😁
💥 Currently showing a stable defensive buying force. We are at the end of the markdown phase. The bottom can be formed here or at 89.5-88.8, which bG noted yesterday.
--> Forming a bottom here is already justified, because H1 is creating a higher low. But the important thing is that it hasn't reached the US market session yet, guys 😆. Yesterday, they had a Martin holiday, so the US stock market will open tonight. So, the same old notes still apply. It's better to be cautious.
💥 Resistance/support: 92.8-93.8-->95
💥 If there’s anything to update tonight, bG will pin it in the comments. Posting a picture for you guys to enjoy the Lunar New Year with bG 😆
💥 The price levels are always the closing prices in the frames being mentioned in the article.
💥 Personal opinion, not investment advice. The market is extremely harsh, always maintain discipline (set SL/TP, no fomo/all-in) and manage your capital well, bG has provided guidance already!
--- Love all ---
