Hood demand zone on volatility

٣ نوفمبر

I love these demand zones for dip buys, you'll usually note that mostly wicks touch these but candle bodies closing within are usually great opportunities, or a sign that a longer time frame demand needs to be looked at. We see a very bottoming stochastic RSI here, and a completely loss of the 5 day EMA.

My plan:

Sell aggressive pivot point CSP here around 23/23.5$
I expect an aggressive move back to approach that daily GAP