I am trying a risky long on SATS. It has broken down major supports, and it looks oversold on higher timeframe. Level is also supported by a -0.618 fibo level from previous peak at top. There are some divergence on H1 and M15 tf, that is a bullish sign. If BTC can continue to pump, i expect SATS to follow
Checking on 1hr TF on 1000SATS w can clearly clearly see it did a liquidity grab by changing character to the downside to decisive the bears and immediately regain it's strength to the upside.... So, right now I'm expecting a retest of the unmitigated bullish OB left behind..... You set and order at the bullish OB
Wait for entry to come don't rush into...
