angelbaetrades

$BTC1! Futures on 1HR 10/24 Prediction

CME:BTC1!   Contrats à terme sur Bitcoin CME
$BTC1! Futures 10/24 Prediction

Looking at BTC, we can see it has been consolidating since 10/11 trading in a sideways pattern looking back at the daily time frame.
Consolidation can mean that the price is settling ready for higher highs, however as you can see here on my chart
BTC needs some confirmation before it can reach higher highs.

Larger whales can see this consolidation and get in, in which they might think that the dust is starting to settle but idealistically
this can go either way for what level BTC is currently at. I would want to see three green candles in a row, with the third candle being a confirmation candle.

So my conclusion is this for this week, i expect a pullback tonight or tomorrow for BTC as it looks over extended for VWAP.

Let me know your thoughts,
Thanks,
Your Bae, Kelly :)

Kelly @angelbaetrades
Instagram: www.instagram.com/angelbaetrades/
TiKTok: www.tiktok.com/@angelbaetrades
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.