VARAUSD - Bullish Reversal

VARA is currently still quite behind in correlation so I believe a lot of catch up is going to occur within the next 24 hours. The weekly 80/20 candlestick that I've been eyeballing and expecting to turn green has flashed green multiple times as the red indecision hammer begins to signal a bullish Thor's hammer in which case would signal not only a bullish reversl but a substantial movement upward of the order wall below. This would mean, if backed by orderflow data within BookMap's heatmap that a drop below the current floor of this channel becomes very unlikely. Anytime price action taps a large order wall at the bottom of a channel something to watch for is absorption and breakage of the order wall. Some assets that tend to be bearish over a long period of time such as in the case of VARA whales who already own a massive bank of coin will buy the coin at discount prices creating a floor. This is not coordinated although in watching the market in these circumstances it feels as though the market is an Artificial Intelligence as similar minds think alike creating a group who is bullish at the bottom while also giving liquidity to the fearful or less experienced traders who focus way too much on assumptions, such as the assumption that unlocked coins would crash a coin further, even though there is no evidence of this and in fact the dump, if there was one, is actually over and happened upon initial listing of this coin on Coinbase. This is a similar story I have seen such as when I first bought SHIB when it was listed on Coinbase. Most coins that are listed now will crash because investors no longer see listings as bullish so don't believe for one second listing this coin on any number of platforms will be bullish, it is not necisarily true.

Trade the range until the range breaks...
When the range breaks, trade the new range...
Fud at the bottom is bullish...
Fud at the top is bearish...
This asset is bullish...
No news is good news for a new asset...
Unlocked funds will in large be staked...
This range is a whale accumulation range...

I am not a financial advisor, trade safely my friends...