At the moment BTCUSD is in a consolidation. I am expecting three outcomes as you can see. Due to the fact the 4H supply zone that has been touched recently is violated at the 30 minutes timeframe, I am expecting that the price might go higher to touch the 4H supply zone above the that is touched now. For now I would wait for more confirmation before taking a trade. See also my latetst analysis.
Comment:
The price still managed to go lower although the 30min did not respect the 4H supply zone it touched above the 50% daily range.
Trade closed: target reached
