BTCUSD SHORT "ONE MORE TIME"

19 Mar 2022

As for the above pair; there are multiple areas of both Daily supply and demand zones. The probabilities of selling and buying at particular zones depends on the market outlook as from the 21/3/2022 - 28/3/2022. The best sell zone would be at the point of over - exhaustion as seen on the chart; while all in all keeping in mind the 78.6 daily fib line and the daily supply zone 1. Currently the market is in the second wave as described by a formation of the daily parallel channel.