BTC Range Breakout
BTC Current Consolidation is in a 8.6% price range and about to breakout in upwards direction.
There are multiple demand zones within this range and price is making higher lows, while tapping the supply and soon to break this sell wall.
We may soon see a short squeeze playing out.
BTC is holding the 90k level tightly.
Avoid high leverage positions while trading in this high volatile range.
Use risk management and your own analysis as well.
Note
Strong bounce at that level has spiked the volume & sentiments.
I am looking at next pause at 106k
Note - To avoid getting SL hunt, open positions with Order blocks. So far, so good.
Trade fermée manuellement
104k was 0.5 deviation from the 4hr trading range and closed .
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.