btc

btc

evo

the price began to consolidate between 41806 and 40504 with multiple downward deviations


after the last deviation, the price made a full fill m20 and left a high-quality order block on m10 below, which in turn collected liquidity from eql


inside the rderblock on m10 we can see a sponsored candle, which removed all liquidity from eql, which was the reason for the price to return to the trading range

also inside the same order block on m4 and m5 we can see imbalance, and since it serves as a magnet for the price - I would consider this place as an entry point to a long position, since there is no need for the price to go down, all the liquidity there is withdrawn


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