•Bitcoin recently experienced a liquidity grab to the downside, touching a key support level. At this stage, it’s important to wait for confirmation of a bounce through bullish candlestick patterns, RSI divergence, or increased volume.
•A break above local resistance or a successful retest of the support level would signal a potential reversal, providing an...
BTC reach the upper boundary of the Trendline.
Judging by the momentum, it is currently bullish. If it managed top break the previous day high and therefore the trendline and close today above it, it might send it flying.
If it doesn't manage to close above the previous daily close, it will go into consolidation or even worse, go tumbling down.
Today's close is...
MANA has been consolidating since April between 0.4 and 0.5.
A break below the range is highly unlikely because of the liquidity pool just below it between 0.3947 and 0.3744 (The Anvil). This liquidity pool will send it right back to the range.
If the price breaks above the range it will meet the big fair value gap (The Hammer) between 0.6042 and 0.5173 ready...
Bitcoin has reached the lower bondaries of the uptrend channel and it's rejecting it. If no negative news is released in the comming days, it is ready to go at least to the upper boundaries of the channel. We might see as a result a new all time high.
On the other hand, if the trendline is broken, we might see a retracement to 64,500 price level
which is the FVG...
