Dear friends,
Continuing intraday forecasts.
Bitcoin is still located in the large trading corridor 9100 - 9500
If we expand the direction of the Thomas DeMark trend by TF, then at the moment we get the following local trends:
Week is Bearish
Day is bullish
4 hours - bearish
Yesterday was completely bearish. Multiple attempts to break through the support level have been seen.
Now there is consolidation at the lower border of the trading channel.
A local bearish trend has formed.
There is a high probability of another attempt to break through the support level.
Zone 9100 - 9160 is actively redeemed. Therefore, I do not see a strong dip below it today.
The scenario for the day is bullish, with a rebound from the support level (see green arrows)
The level of cancellation of the bullish scenario - 9060 USD
The top trading range for today is 9400 USD
The lower trading range for today is 9022 USD
Medium-term priority scenario - flat within the corridor 9100 - 9500
Good luck to everyone and good profits!
Regards,
Michael @Hypov
=================================================== ======
Like and subscribe if you liked the material
I will be glad to any message.
Thank you very much
Everyone GTI
Friends, I remind you that this is only my personal view of the market, which I share with you. I do not guarantee profits. Only you make the final decision and all the risks associated with it.
Continuing intraday forecasts.
Bitcoin is still located in the large trading corridor 9100 - 9500
If we expand the direction of the Thomas DeMark trend by TF, then at the moment we get the following local trends:
Week is Bearish
Day is bullish
4 hours - bearish
Yesterday was completely bearish. Multiple attempts to break through the support level have been seen.
Now there is consolidation at the lower border of the trading channel.
A local bearish trend has formed.
There is a high probability of another attempt to break through the support level.
Zone 9100 - 9160 is actively redeemed. Therefore, I do not see a strong dip below it today.
The scenario for the day is bullish, with a rebound from the support level (see green arrows)
The level of cancellation of the bullish scenario - 9060 USD
The top trading range for today is 9400 USD
The lower trading range for today is 9022 USD
Medium-term priority scenario - flat within the corridor 9100 - 9500
Good luck to everyone and good profits!
Regards,
Michael @Hypov
=================================================== ======
Like and subscribe if you liked the material
I will be glad to any message.
Thank you very much
Everyone GTI
Friends, I remind you that this is only my personal view of the market, which I share with you. I do not guarantee profits. Only you make the final decision and all the risks associated with it.
About Me and My life
ovalapp.bio/michael
ovalapp.bio/michael
