$BTC Daily perspective
I already mentioned on my
BTC
top down analyses that the price would likely go down and take the level marked on the chart. BTC is currently on pullback phase and imo is likely to go lower from the level I mentioned on the chart.
BTC
top down analyses that the price would likely go down and take the level marked on the chart. BTC is currently on pullback phase and imo is likely to go lower from the level I mentioned on the chart.
Comment:
After weaker NFP reading than forecast caused strong bullish momentum and price currently reacting from daily extreme supply zone. If I see 4h candle closure above 61.050 level, I will consider taking quick longs from 4h demand sitting on 59.000-60.000 levels. But the daily structure is still bearish and confirmation entries from extreme daily supply is still valid imo.
Trade active:
Comment:
There is no 15m strong liquidation on Binance Perpetuals so we MIGHT see a push to the upside if this will be used as liquidation before price goes down. If not, I will look for new entries based on strong liquidation models.
There is no 15m strong liquidation on Binance Perpetuals so we MIGHT see a push to the upside if this will be used as liquidation before price goes down. If not, I will look for new entries based on strong liquidation models.
Trade active:
New 15m entry model in daily supply zone.
New 15m entry model in daily supply zone.