✳️ Orchid Double | Recovery & Bitcoin Correction Confirmation
The same pattern we just reviewed on the 1INCHBTC chart is present here as well.
OXTBTC prints a lower low but produces no volume.
This lower low is an attempt by the market to look for liquidity before moving up strong.
As OXTBTC moves to recover, BTCUSD moves to retrace.
The next confirmation comes from Stratis (STRAXBTC) whom already went ahead.
What one does, the rest follows... I did mention that the Altcoins vs Bitcoin pairs will have their turn, this is now becoming truth.
Namaste.
OXTBTC prints a lower low but produces no volume.
This lower low is an attempt by the market to look for liquidity before moving up strong.
As OXTBTC moves to recover, BTCUSD moves to retrace.
The next confirmation comes from Stratis (STRAXBTC) whom already went ahead.
What one does, the rest follows... I did mention that the Altcoins vs Bitcoin pairs will have their turn, this is now becoming truth.
Namaste.
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