
CrediBULL Crypto|Apr 07, 2025 19:41
On BTC:
We look to be printing a "three drives" pattern on the daily which is nice to see, but we are also floating right above our HTF demand zone- the most logical place for a full on reversal to occur from- which I have emphasized for months now.
Ideally we see a test of it before a reversal.
Note that the origin of this potential wave to the upside was at 59k, so while this drop has been aggressive it's still "fair game" and doesn't damage HTF structure at all.
Not much to work with on LTF atm but like other charts shared recently ideally we get some sort of range/base into that HTF demand so we can position for the reversal.
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