Addition to the Previous Idea on Bitcoin: Local Timeframe Analysis
On the local timeframe, a range has formed, with a support level below that is acting as a liquidity zone. I anticipate that once this liquidity is taken out, the price will reach the order block on the 4-hour timeframe and then aim for the previous week's high.
On the local timeframe, a range has formed, with a support level below that is acting as a liquidity zone. I anticipate that once this liquidity is taken out, the price will reach the order block on the 4-hour timeframe and then aim for the previous week's high.
Note
Trade active
OB TriggeredNote
Trade active
60% of our way is doneTrade closed: target reached
Target Reached!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.