BTC
VIP Analysis APRIL 16, 2024
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BIAS:
Mid-Term: BEARISH
Short-Term: BULLISH
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As expected the price action of
BTC
has successfully filled out its H4 FVG gap level. Currently, the price action Is respecting its Horizontal Support level which is marked between the $63,640 to $62,950 level
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MAIN INTEREST LEVELS
⬇️SHORT⬇️
$62,950
⬆️LONG⬆️
$62,640
PREDICTED DAILY RANGE
$52,140 - $71,686
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VIP ACTION PLAN
The price action on the H4 timeframe level is forming out Bullish Harmonic Bat pattern level where the price action has to complete the D leg pattern level to bounce back.
However, short-term bounce back we can see from its support level