Bitcoin, can previous price action be a projection to a new one?
The squared areas looks so similar, both in volume and impulsive momentum.
The move in the first box was made for filling the imbalance on the left peak. When gaps are filled, price continued to decrease.
Second move gave us a lower low before happening and also filled the imbalance on the left again
If it has already happened before, why shouldn't it happen again?
The move in the first box was made for filling the imbalance on the left peak. When gaps are filled, price continued to decrease.
Second move gave us a lower low before happening and also filled the imbalance on the left again
If it has already happened before, why shouldn't it happen again?
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