BTCUSD ❕ POC zone
Bitcoin is trading in the POC zone above the liquidity level.
The price broke the range downward on declining volumes and went back upward on rising volumes.
BTC broke up 50MA on the 4H Timeframe, fixed above 100MA on the 1H Timeframe and fixed above 50MA on the 30m Timeframe.
I expect that the price may come out of the current triangle downwards, but will reverse after it fixes above the support level.
The price broke the range downward on declining volumes and went back upward on rising volumes.
BTC broke up 50MA on the 4H Timeframe, fixed above 100MA on the 1H Timeframe and fixed above 50MA on the 30m Timeframe.
I expect that the price may come out of the current triangle downwards, but will reverse after it fixes above the support level.
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Penafian
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