This week I will prioritize selling.
BTC
The yearly open (YO) continues to confirm the bearish trend.
I haven't ruled out the FVG zone yet, but we now have a much higher probability of selling.
Today, Monday, we need to see how far the price will move, and starting tomorrow, Tuesday, we will add today's high to also consider it as a liquidity level for a possible entry.
For now, keep an eye on the yearly open (YO), last week's high (PWH), and the FVG zone. At the close of trading, we will update today's high to include it.
ETH
The yearly open (YO) is also having a strong bearish influence, but the difference is that last week for ETH ended with a fairly long wick, and half of this wick converges with an FVG-D zone.
It is at these levels that we can look for sell confirmations with a clear Stop Loss above last week's levels.
* ETH is much easier to read than BTC, so if there is a lot of market noise this week, we can choose between these two financial assets, selecting the one that performs best in terms of price action.
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Donations for a coffee ☕
BTC: 3HTVy45MUjvYX1UVTNNDCr1Qngu2zqY4Ei
LTC: MTa2FMB7xmpRcPSMneSZevnCA4vvySEthm
SOL: 8e24YkrxaaWk8g1DHBq9ZNuwBaSBusnFN4YfTZAarWam
USDT (Solana): 3iiABP4wr7FzRtUAJKc1Afy8oRgCNud12qhre5vZNU9C
USDT (TRC20): TUhpooVyZndnQHGAjcJRFHHgvbRWsggZPP
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