On the 8am (SGT) candle on a 4 hour timeframe, there are 4 long rejection wicks.
Further left, resistance has turned support.
The markets dip caused by Bitcoin whales selling 671m worth of Bitcoin might cause majority to expect a continuous sell, however, the rejection wicks shows strong bullish strength to defend the zone.
I am expecting sideways movement for a day or 2 before upward movement on ETHUSDT
Further left, resistance has turned support.
The markets dip caused by Bitcoin whales selling 671m worth of Bitcoin might cause majority to expect a continuous sell, however, the rejection wicks shows strong bullish strength to defend the zone.
I am expecting sideways movement for a day or 2 before upward movement on ETHUSDT
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