Reversal Cheatsheet for $BTC & #altcoins
1. HTF POI is encountered, slight bounce;
2. Price rallies, hits a supply zone;
3. Price then consumes demand, usually a deep wick / move;
4. MSB occurs;
5. Demand tested, price rallies;
6. MSB to the upside, new trend kicks off.
🤝🍻
1. HTF POI is encountered, slight bounce;
2. Price rallies, hits a supply zone;
3. Price then consumes demand, usually a deep wick / move;
4. MSB occurs;
5. Demand tested, price rallies;
6. MSB to the upside, new trend kicks off.
🤝🍻
Bullish Reversal Without Annotation
Bearish Reversal Without Annotation
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