$BTCUSD $BTC $XBTUSD Analysis (Supply and Demand Perspective)
-Blue boxes show areas that have been engulfed
-Orange boxes are fresh supply/demand zones
-Price appears to be flagging towards the Supply zone above it - This is a very strong supply zone so it will be interesting to see what happens
-Lots of demand zones underneath price to keep it up
Observing how price action plays out closer to the supply zone - we could well break it and continue higher but I definitely think we will at least see a retracement first once we hit supply
-Orange boxes are fresh supply/demand zones
-Price appears to be flagging towards the Supply zone above it - This is a very strong supply zone so it will be interesting to see what happens
-Lots of demand zones underneath price to keep it up
Observing how price action plays out closer to the supply zone - we could well break it and continue higher but I definitely think we will at least see a retracement first once we hit supply
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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.