angelbaetrades

$BTC1! Futures on 1HR 10/24 Prediction

CME:BTC1!   Bitcoin CME Futures
$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/
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