Mondays can be the fake move or the setup for the reversal. With these swipes the open liquidations are out. Most of the traders are either in or out. which way to go now?
This formation can break easely now so beware.
Range
115 Low liquidation pool.
123 High liqidation pool.
BTC will play the role who is in the lead.
But keep an eye on the LTC/BTC chart. If bitcoin is moving and LTC is just hanging still watch the pair LTC/BTC.