Bitcoin short-term Wyckoff analysis, will price re-test 50k ?
This is a Bitcoin short-term Wyckoff analysis and just see it as a idea only.
NOT A FINANCIAL ADVICE !!
Here's a small accumulation range in 30m timeframe
In lower TF, price make HH and move in compression to take liquidity.
I'd like to see price testing Last Point of Support. LPS is also a un-test Demand.
If this level can hold, price will re-test above level like 50k.
Target is Quasimodo Level on above chart.
I'm waiting to see price action before enter my positions.
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If you find the article useful and interesting,
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🔰 Attention about this analysis
This is my personal idea and analysis only.
Let's see it as an example or an education content.
You also need your own analysis as well and manage risks.
NOT A FINANCIAL ADVICE !!
Here's a small accumulation range in 30m timeframe
In lower TF, price make HH and move in compression to take liquidity.
I'd like to see price testing Last Point of Support. LPS is also a un-test Demand.
If this level can hold, price will re-test above level like 50k.
Target is Quasimodo Level on above chart.
I'm waiting to see price action before enter my positions.
Do you like this BTCUSD trading idea?
If you find the article useful and interesting,
Please leave a comment or engage to see more posts !
------------------------------------------
🔰 Attention about this analysis
This is my personal idea and analysis only.
Let's see it as an example or an education content.
You also need your own analysis as well and manage risks.
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