BTC - Ranges overview (update)
Let’s have a look at the current trading range on BTC.
As discussed previously we failed to hold the current lows and traded back towards the HTF sellside liquidity (yellow box).
We’ve taken the sellside liquidity so we should expect BTC to start trading higher again from here.
IF we hold, expect us to trade towards 100K - 110K.
IF we fail to hold expect us to trade back towards 90K and below.
Will be interesting to see IF we hold the HTF sellside liquidity. Any clean close below current lows and any bullish moment will be cancelled.
No need to front run the market. WAIT FOR THE MARKET, LET IT SHOW YOU ITS HAND AND TRADE WITH IT.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
As discussed previously we failed to hold the current lows and traded back towards the HTF sellside liquidity (yellow box).
We’ve taken the sellside liquidity so we should expect BTC to start trading higher again from here.
IF we hold, expect us to trade towards 100K - 110K.
IF we fail to hold expect us to trade back towards 90K and below.
Will be interesting to see IF we hold the HTF sellside liquidity. Any clean close below current lows and any bullish moment will be cancelled.
No need to front run the market. WAIT FOR THE MARKET, LET IT SHOW YOU ITS HAND AND TRADE WITH IT.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
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