BTC - Ranges overview
BTC hunted its HTF sellside liquidity and went through some lows sitting around 48K.
We are currently trading back towards 62K so let's see how we play from here.
IF we reclaim 62K and hold expect us to continue higher towards the HTF buyside sitting around 70K-73K.
IF we fail to reclaim 62K expect us to hunt the sellside liquidity resting around 58K.
As long as we keep the current lows and do not get a clean close below them...the market will keep on pushing higher.
As always whatever BTC does...the overall crypto market will follow and we should see some interesting price action.
As always PATIENCE...PLAN AND EXECUTE.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
We are currently trading back towards 62K so let's see how we play from here.
IF we reclaim 62K and hold expect us to continue higher towards the HTF buyside sitting around 70K-73K.
IF we fail to reclaim 62K expect us to hunt the sellside liquidity resting around 58K.
As long as we keep the current lows and do not get a clean close below them...the market will keep on pushing higher.
As always whatever BTC does...the overall crypto market will follow and we should see some interesting price action.
As always PATIENCE...PLAN AND EXECUTE.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
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