BitcoinLong
Short-term analysis of the pair Btc/Usd. Top up everyone!
Updated
Welcome aboard my ship!
In my first review on this resource I would like to analyze the btc/usd pair.
At the current minute, the price has hit the upper boundary of liquidity and the main zone of sellers' imbalance. A breakdown of this zone will indicate a local reversal and a test of liquidity to the 103-104k area. Taking into account that the 1d candle closed with a strong pinbar and liquidation of more than 850 mln margin positions, I expect a breakdown on the strong imbalance of buyers and further continuation of the uptrend. Main target: 109-110k per coin. The scenario will lose its relevance at the breakdown of 90-91k.
In my first review on this resource I would like to analyze the btc/usd pair.
At the current minute, the price has hit the upper boundary of liquidity and the main zone of sellers' imbalance. A breakdown of this zone will indicate a local reversal and a test of liquidity to the 103-104k area. Taking into account that the 1d candle closed with a strong pinbar and liquidation of more than 850 mln margin positions, I expect a breakdown on the strong imbalance of buyers and further continuation of the uptrend. Main target: 109-110k per coin. The scenario will lose its relevance at the breakdown of 90-91k.
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Good afternoon, Mr. Matros!
Update of my previous analysis on btc/usd pair:
After breaking the main resistance line, the price still tested the local liquidity zone around 104k$, which I wrote about in the previous review.
Specifically for today I don't see any prerequisites (for now) to work from short. TrumpCoin and the growth of other meme-coins, US inflation data, thanks to which most indices, including cryptocurrencies, are growing, as well as Trump's inauguration tomorrow, Monday, make it clear that the agitation in the market will continue.
Although we have taken the local target, at the moment I will discount the main part of my portfolio around $110-112k. I will try to make updates more often.
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