Orhis
@t_Orhis
What symbols does the trader recommend buying?
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Orhis
If price fails to break the High, then a retracement is sure which will push price to our entries. Let's explain. We have two POI the first from the bottom is a Breaker Block (BB) and the second is a Order block (OB). Now, if the price fails to push below the POI that begins at 2.327, then the BB will serve as an entry for our buy with SL placed below the POI. However, If price invalidates the BB, then there will be a further push to the last POI beginning at 2.151 where our OB will serve as the entry for another buy. However, I am optimistic about the BB serving as the entry after the pushback. NB: This is just an analysis and in now way a prediction of how the market will move.
Orhis
BTC may go low around 95k before pushing for a new ATH. This analysis is based on past price action as seen in red lines and previous circles. It confirms to the basic market structure analysis of HH, HL and HH. However, do note that past price actions do not indicate certainty of future price. DYOR
Orhis
A possible move to the previous ATH. As price failed to break the previous low.
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