st3ppin

bitcoin, h1 - found liquidity ?

Long
st3ppin Updated   
FTX:BTCPERP   Bitcoin Perpetual Futures
in a possible further move down we might find a liquidity zone. the marked zone serves as a reference. possible long setups can be sought and entered below the current low with an appropriate reaction. confirmation of this can be obtained from the footprint and/or DOM.

-> the marked price ranges were drawn from the daily chart via the volume profile and represent relevant edges
Comment:

is going according to plan.
Trade active:
as expected, we have reached our liquidity zone. further developments can be observed. long setups taking into account appropriate risk management can be sought
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potential development over the volume edges
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low volume area handled cleanly. In the further course we want to see a clean break of the 19300 (B - Profile, 11/8/2022)
Comment:

Due to the most recent events, the analysis had to be adjusted again. 2 scenarios can arise.
Comment:
volume formation must be observed

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