The bulls are still firmly in control if the push continues we may fill the wick but I expect a hard crash after wards because profits taking may start and also this is where bears are also super active...
$IR and $INIT too volatile makes me ignore them, I shared my thoughts on both of them but thier volatility is now invalidating our risk to reward ratio...
The reason $IR bulls are struggling is we are just under a major resistance level a sustainable breakout can be a great place to setup a long position target is to fill the wick...
But currently IR is showing weakness and we are going to look back at our short level if we lose 0.074 then our short is valid...
Watch closely and don't miss the opportunity...
both side setups are valid but only with bold confirmations....
$IR is facing heaving selling pressure near major resistance zone, watch this local supportive level if we lose it, will trigger further downside continuation....
Guys our trade on $VVV long was just more than successful all of our expected targets were smashed...
Speaking of now we are facing some bearish pressure around this massive supply zone, which is stand tall on 3D and Weekly chart...
The structure is still bullish but watch this level closely if we lose it then we can open short position targeting next local support levels as our targets 🤝
$BTR will be in top losers, its making time a bit harder because it's very slow, the funding fee is now negative which most of the time means selling pressure is incoming....
I am expecting a hard crash after we lose this 24 lows highlighted on the chart....