Bitcoin Possible Weekly Scenario
It is obvious that liquidity will be injected into the market starting from Monday.
Since I observed that the direction of the week is generally opposite to the weekend in BTC, I thought that the liquidity on the downside could be taken first, but the price is stuck in a short range.
In such cases, it is very difficult to predict which liquidity will be attacked first. Therefore, I will try to short at 26.700 using a tight stop. I will ignore the idea of longing above 25,200 in case the decline continues.
Since I observed that the direction of the week is generally opposite to the weekend in BTC, I thought that the liquidity on the downside could be taken first, but the price is stuck in a short range.
In such cases, it is very difficult to predict which liquidity will be attacked first. Therefore, I will try to short at 26.700 using a tight stop. I will ignore the idea of longing above 25,200 in case the decline continues.
Comment:
You can see how accurate our analysis is.
Comment:
I will not be shorting for a while in case I see a short liquidation.
Also, in the analysis which I added link of, I gave the level of 26,500, but it returned from 26,450, but it is a sufficient level of accuracy for BTC.
Also, in the analysis which I added link of, I gave the level of 26,500, but it returned from 26,450, but it is a sufficient level of accuracy for BTC.
Comment:
The analysis above is a plan against a possible short liquidity hunt.
Comment:
The price also went to the second second liquidity and declined. Now I will watch the price action.
“Be so good they can't ignore you.”