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Looking at price action ATM on a HTF, I won't be wrong to say that this could be the bottom
Based on TA, there are several reasons to say that we have bottoming here.
Nevertheless, because market can stay irrational longer than you can remain solvent, then it won't be surprising to see a violent wick down but still doesn't close below the current level on weekly
As usual, these are not predictions but opinions based on PA.
Finally, we now have a very very difficult task ahead of us technically, and that is getting back above 40k
Don't be surprised if we just range between 16k and +40k for Several Several Months
And if this is not the bottom then expect winter because there's also a very scary chart pattern that makes us really want to see price get back above 28k.
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There's something positive to say about very efficient teams. Man City has 3 shots on target and they have 3 goals out of a total of 5 shots. They conserve energy and scoring more goals as the opponent's defensive capacity wanes, Some teams would fire 20 goals off target and a few on target. Such teams can easily get beaten by ultra defensive sides. An example is Arsenal. They waste so many chances that they can't utilize it and at the end they might end up losing the game
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Liverpool fans it's better to stop hoping to win the league because city aren't losing any game and on the other side just cause Liverpool won't win the league this season it doesn't mean it's a horrible season two finals and if a win is pulled of in champion league then it should be at least better than winning the premier league. Klopp is still here and will surely hopefully win the league next season.
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The importance of this cannot be overlooked, I said before 3 games Leeds were winning 1-0 and should have had pens but VAR failed to intervene, and they got 2 points from those, Ayling booked VAR makes it red, James straight red for reckless challenge, fair enough, Harry Kane worse challenges booked no VAR then, the officials sway results to suit their own narrative but Leeds have also themselves to blame
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