The chart may be a bit unclear, but I will try to explain what it means: when we first determine the fibonacci after the impulse with $74k, we can see the support exactly at fibonacci 1.21. That gives us the right to look at this as an ABC correction.
Below are the FVG of the bit zones :
The monthly that has been tested several times plus the monthly candle did not close inside it which is very positive
In the last correction towards 53k weekly fvg showed strong support
Gap: Which is formed after this impulse shows that fibonacci 0.61 coincides together with that..
For now, everything is fine.. we are in the middle of the range, 60k and lower to watch for a potential long.
Below 58k and the closing of larger time frames, the saint structure changes
Below are the FVG of the bit zones :
The monthly that has been tested several times plus the monthly candle did not close inside it which is very positive
In the last correction towards 53k weekly fvg showed strong support
Gap: Which is formed after this impulse shows that fibonacci 0.61 coincides together with that..
For now, everything is fine.. we are in the middle of the range, 60k and lower to watch for a potential long.
Below 58k and the closing of larger time frames, the saint structure changes
ノート
A large amount of liquidity is left at 70k and 75k. Marker will visit shorters as well as longs
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