LoneTraderski

LoneTraderski

0.382 (~$2.20): Price has bounced from here after retracing from the recent high. 0.618 (~$2.00): This area would act as a strong support zone if price drops further. The price is currently hovering just above the 0.5 Fibonacci level, which often indicates a consolidation phase where the market may decide the next directional move. Previous Trend: The preceding...

LoneTraderski

Liquidity Zones : Marked liquidity areas both above and below the current price range. The “LIQUID HERE” labels suggest that these are zones where price is likely to be drawn due to stop-loss orders or other pending orders from retail traders. Potential Reversal Structure : In the top liquidity zone, there's a red zone where price has recently moved into and...

LoneTraderski

This is all based on my own research and understanding. Not a financial advise. Will probably do a slight pull back then goes up again. $ BITSTAMP:BTCUSD BITSTAMP:BTCUSD