We are just going to follow institutional order flow.
We should get a nice reversal @ 90 satoshi.
If we purge the Daily Demand zone, then well be looking to retest the Weekly Demand which would test the low.
The R:R is good on this trade so be smart!
....PS My last idea on Sia, was based on historical chart patterns which fail often in a low liquidity market. So we have changed our analysis technique for this coin to find where the institutional orders may be.
We should get a nice reversal @ 90 satoshi.
If we purge the Daily Demand zone, then well be looking to retest the Weekly Demand which would test the low.
The R:R is good on this trade so be smart!
....PS My last idea on Sia, was based on historical chart patterns which fail often in a low liquidity market. So we have changed our analysis technique for this coin to find where the institutional orders may be.
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The green box at the bottom is the weekly demand level. I will be watching that level closely for a reversal signal on H1 and H4 TF to catch the move.
This daily Demand Zone may not hold.
We may retest the Major Demand zone below....
I am staying neutral here. I dont like the indications on Price Action.