BTC CME demonstrated strong growth today on increased volume, reaching last week’s highs and sweeping liquidity.
Currently, the asset is trading directly inside last week’s high zone. I’m waiting for today’s daily close to define the next direction.
Bullish scenario: Daily close above the level with confirmation.
Neutral scenario: Daily close below the level and continued trading under it keeps the outlook at 50/50.
Market structure at this level remains critical — the daily close will set the tone.
Currently, the asset is trading directly inside last week’s high zone. I’m waiting for today’s daily close to define the next direction.
Bullish scenario: Daily close above the level with confirmation.
Neutral scenario: Daily close below the level and continued trading under it keeps the outlook at 50/50.
Market structure at this level remains critical — the daily close will set the tone.
Trading is the hardest road to easy money.
On the market since 2018
Analytics and opinions on the stock market, forex and crypto markets.
Analytics, algorithmic trading, psychology, market overview and training.
On the market since 2018
Analytics and opinions on the stock market, forex and crypto markets.
Analytics, algorithmic trading, psychology, market overview and training.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trading is the hardest road to easy money.
On the market since 2018
Analytics and opinions on the stock market, forex and crypto markets.
Analytics, algorithmic trading, psychology, market overview and training.
On the market since 2018
Analytics and opinions on the stock market, forex and crypto markets.
Analytics, algorithmic trading, psychology, market overview and training.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.