BITCOIN, there's more to come...
Bitcoin has been correcting violently since 07 June.
It has fallen by 10% in the last few days.
And in my opinion, it's not over yet...
On this H4 chart, we can see that a number of liquidity zones have been recovered, with the last one at $65850 on 14 June.
But for me, there is still one last important area to liquidate before we can potentially start moving up again, and it is at $64540.
If we recover this area, we will at the same time be back in the HTF OTE zone, and we will also be filling an imbalance zone.
I find this setup very interesting.
So for the time being, I'm selling BTC, and I'm waiting to see how the price reacts in the zone I mentioned before potentially opting to buy.
Feel free to subscribe and boost this post if you liked my analysis.
Happy trading and have a good week :)
It has fallen by 10% in the last few days.
And in my opinion, it's not over yet...
On this H4 chart, we can see that a number of liquidity zones have been recovered, with the last one at $65850 on 14 June.
But for me, there is still one last important area to liquidate before we can potentially start moving up again, and it is at $64540.
If we recover this area, we will at the same time be back in the HTF OTE zone, and we will also be filling an imbalance zone.
I find this setup very interesting.
So for the time being, I'm selling BTC, and I'm waiting to see how the price reacts in the zone I mentioned before potentially opting to buy.
Feel free to subscribe and boost this post if you liked my analysis.
Happy trading and have a good week :)
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.