Don't be fearful! Higher low forming on BTC
In order for market structure to remain bullish and this range to not continue, we want to see BTC form a higher low.
Around the usual formation or a higher low (golden pocket fib) we have significant support. Huge volume gap, daily supply zone and deviation from local range fib levels.
We are also likely having a takeout to the downside of the recent triangle pattern that BTC has been within, taking all the sell side liquidity and using that to fuel longs.
Around the usual formation or a higher low (golden pocket fib) we have significant support. Huge volume gap, daily supply zone and deviation from local range fib levels.
We are also likely having a takeout to the downside of the recent triangle pattern that BTC has been within, taking all the sell side liquidity and using that to fuel longs.
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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.