BTC time for a new analysis
Updated
Hello Birdies,
Hope you are all well. Lets find a new perspective in BTC today.
Legends
Analysis
Final Verdict
- Look for the 28k if we go there first long it blindly for 34k+++
- And if we goto 32k first go blindly for 24.6k------
Hope you are all well. Lets find a new perspective in BTC today.
Legends
- Power of 3 - Blue, Red and Green rectangle
- Channel boundaries - Orange channels
- Supply Zone - Red box
- Fib
Analysis
- So far we have seen that PO3 made it to the upper boundary of channel formed during the pattern
- If we go down to 23.6 fib level for the liquidity than I am safe to assume it will open haven gates for 34k - 38k levels
- But if it goes for 31.5k - 32k levels than it will behave as a bull-trap and we will go dow to 23.5k levels and further down will getting higher probability.
Final Verdict
- Look for the 28k if we go there first long it blindly for 34k+++
- And if we goto 32k first go blindly for 24.6k------
Note
4H outlook it we found another bullish PO3 which means we are going for 32k firstNote
Wish I can say on point but the analysis was right if we go up short blindly for 24.6Trade closed: target reached
Target reached 100%
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