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ExtraOrdy
Aug 9, 2023 1:59 AM

BTCUSD will rise to to 31k Long

Bitcoin / DollarBitfinex

Description

BITCOIN shit at point of interest give a strong daily momentum candle(DMC) which indicate sellers exhaustion, i expect BITCOIN to rise to 31006.3 in to the supply zone

Trade active


Bitcoin gave a structural shift in 4H time frame with Bullish momentum candle (BMC) which could indicate the strength of buyers

Trade closed: stop reached

Comments
Tradersweekly
I think more downside awaits Bitcoin in the short term.
ExtraOrdy
@Tradersweekly, sure i got is wrong cos i consider less on my analysis to the opposing supply zone , seller strength is more than the buyers
Tradersweekly
@ExtraOrdy, All good. One can't be correct every single time. At least you keep it honest; I praise that.
ExtraOrdy
@Tradersweekly, it reacted on monthly supply zone
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