š„š„$WIF PREDICTIONš„š„
ā As i have correctly analyzed yesterday, the sellers did enter the market and the price got pushed back down below the SNR level eventhoug the price managed to pass though that level.
ā There has been a huge exchange of assests between buyers and sellers shown by the very high volume.
ā The candle yesterday has a long upper wick suggesting that the buyers have initially hunted for stoplosses of sellers, as well as trapped small traders into bad trades.
ā Then the sellers were actively selling into the buying and has overwhelmed the buyers and managed to push the price down makind small traaders to cut losses.
ā So, if sellers are commited, the price will fall back down to the SNR level below.
ā If this bearish move is not followed up, naturally the buyers will take back the control and price will rise..
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