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#BTC.D moved up after breaking the small flag pattern and forming a small triangle pattern. Breaking above will not lead to good conditions for altcoins, but looking at the structure, the market can push higher towards the resistance mark. Let's see how the market performs after the breakout.
The two previous peaks were driven by retail activity: retail traders were buying, while whales were selling.
Now the picture is different:
The entire rally from $60K is driven by large orders.
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#FILUSDT 4H 💰
🟡 Seems price was just buying time to fulfill a triangle correctional pattern with the exit move developing into an (abc) correction.
🟡 While the highlighted sell zone offers a potential area to watch, we have to wait for a confirmed break below the trendline and plan our trades in retracement.
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