Remember that the liquidity pool is perfectly matching with EMA50 daily that has not been retested yet. Something Iam fully paying attention to as very strong support.

I think that market makers will go for the $29.000 liquidity before they decide to continue going up, or even taking out the current largest liquidity pool at $24.000 region before continue going up. For that, really big FUD is needed and going all the way down to $24.000 region would be the absolute worst case scenario.

Remember that there is almost no liquidity left in the upside, Remember that this week is the week of big volatility due to important economic data including FOMC. In other words, a week in which our liquidity pool of $29.000 can finally be taken out.

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1:23 PM·Jul 23, 2023 ·Translate