BTC LOCAL ANALYSIS 1hr
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Based on the previous analysis, we stayed on course as indicated by the blue scenario, which is indicated by the blue arrow indicator.
Installing an "OB" near the wick provides an increased level of confidence in the effectiveness of the identified zone.
In addition, the “fvg” pattern emerged at the 15-minute interval, representing a favorable context for continuing the downward setup towards the initial target.
- Liquidity was subsequently withdrawn, prompting an immediate reaction from 4.7%.
Installing an "OB" near the wick provides an increased level of confidence in the effectiveness of the identified zone.
In addition, the “fvg” pattern emerged at the 15-minute interval, representing a favorable context for continuing the downward setup towards the initial target.
Pesanan dibatalkan
While Bitcoin is in (OB) -the necessary confirmation was not received for 5-15 minutes - there was no final confirmation signal.
While we're flying!
I must caution that the price is currently experiencing upward pressure, indicating a potential correction is needed. At any moment there is a possibility of a sharp downward movement.
Please keep this in mind when you begin your analysis.
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Penafian
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