bitcoin, h1 - found liquidity ?

By st3ppin
Updated
in a possible further move down we might find a liquidity zone. the marked zone serves as a reference. possible long setups can be sought and entered below the current low with an appropriate reaction. confirmation of this can be obtained from the footprint and/or DOM.

-> the marked price ranges were drawn from the daily chart via the volume profile and represent relevant edges
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snapshot

is going according to plan.
Trade active
as expected, we have reached our liquidity zone. further developments can be observed. long setups taking into account appropriate risk management can be sought
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snapshot
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snapshot
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potential development over the volume edges
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snapshot

low volume area handled cleanly. In the further course we want to see a clean break of the 19300 (B - Profile, 11/8/2022)
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snapshot

Due to the most recent events, the analysis had to be adjusted again. 2 scenarios can arise.
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volume formation must be observed
Bitcoin (Cryptocurrency)Chart PatternsCryptocurrencydaytradingDOMelliotwaveanalysisfootprintorderflowscalpingswingtradingTrend AnalysisWave Analysis
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