September 16

Discord access link: https://discord.gg/UPbu6PZFDp

Today’s session opened with a “true gap” that buyers were able to prevent from getting filled. This is a sign of “stronger buyers”. We can also see that most of the session was spent above the 6670 BZ level.

  • Today’s high is “poor” which could mean that the up auction hasn’t ended yet since auctions are supposed to end with excess. As of the time of this writing during the ETH session, we are currently trading above the poor high. For it to be considered repaired, buyers must trade above it during the RTH session.

  • The short term goal for buyers is to take us to the 6700 psychological level while for sellers it would be to end Daily One Time Framing Higher which would fill the gap that we have below and will most likely result on a retest the 6641 BZ level.

Bullish Scenarios:

  • Longs above 6670 targeting 6685.

  • Longs above 6685 targeting 6700.

Bearish Scenarios:

  • Shorts below 6670 targeting 6641.

  • Shorts below 6641 targeting 6626.



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September 15