BTCUSDT|Support important demand area
Updated
Hello friends, I hope you are well.
Today, we were able to identify the market trend very well with forex analysis, I hope you have used it.
Have a new update of Bitcoin.
In the previous analysis, we expected to see a drop in our supply area, but the second scenario happened and our target supply area broke up.
In the continuation of the updates that I posted, I specified a new demand area, which we saw upward movements with a drop in this demand area.
Now we expect that it will continue to grow and reach the supply area that I specified, which is the area (45760-46360).
On the way up, there is also the FVG area, where it is possible to return from this area.
Today, we were able to identify the market trend very well with forex analysis, I hope you have used it.
Have a new update of Bitcoin.
In the previous analysis, we expected to see a drop in our supply area, but the second scenario happened and our target supply area broke up.
In the continuation of the updates that I posted, I specified a new demand area, which we saw upward movements with a drop in this demand area.
Now we expect that it will continue to grow and reach the supply area that I specified, which is the area (45760-46360).
On the way up, there is also the FVG area, where it is possible to return from this area.
Trade active
You can see the update of the Bitcoin chart in the 1-hour time frame.
By reaching the 4-hour demand area and the new 1-hour demand area, we saw Bitcoin moving upwards.
The upcoming supply areas (43480-43740) and then the fvg area and the range of 45800 that I mentioned earlier.
Note
tp 2 is coming
Trade closed: target reached
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.