BTC: Jan 31, 2023
TLDR:
. EMA 9 is lost and momentum is weakening.
. Reclaim EMA9, the golden pocket just above, and the daily level (23078.71) and Range High will most probably be next.
. Any wicks into the 3D zone (21185 - 21815) will fill the inefficiency, and if followed with strength (Volume + Structure) will be a good bid.
. Local support is tired.
. I expect a higher low to be printed between 21500 - 21800
. EMA 9 is lost and momentum is weakening.
. Reclaim EMA9, the golden pocket just above, and the daily level (23078.71) and Range High will most probably be next.
. Any wicks into the 3D zone (21185 - 21815) will fill the inefficiency, and if followed with strength (Volume + Structure) will be a good bid.
. Local support is tired.
. I expect a higher low to be printed between 21500 - 21800
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.