BTCUSDT Analysis. plan for next week.
Hello everyone. I want share my idea about Bitcoin.
All see Bitcoin Strong bullish price movement from weekly Fibonacci which i shared in my ideas but it touched to this year high made some liquidity swings, and continue consolidating, in this range what was between 31500-29500. It had lot of liquidity swings but most of them was long side, for that i think big money going to long bitcoin but they filtering people. price broke 29500 lvl and made triangle but we have some strong support here at 28300.
we have strong bullish trend, for that my price prediction is long, but until i will open my long position, i need to see some strong revers movement which will be liquidity swing until they start moving up.
Here is my 2 possible scene of price action.
1 Bullish - Price braking triangle touching to resistance coming strong down which actually will give me signal for new low, touch support zone and starting new strong bullish movement.
2 Bearish - price brake triangle downside, it has weak movement at support zone then seller braking support LVL and coming down side.
I would like to share also USDT DOMINANCE which will give us better image what price going to do.
BE PATIENT!!!
All see Bitcoin Strong bullish price movement from weekly Fibonacci which i shared in my ideas but it touched to this year high made some liquidity swings, and continue consolidating, in this range what was between 31500-29500. It had lot of liquidity swings but most of them was long side, for that i think big money going to long bitcoin but they filtering people. price broke 29500 lvl and made triangle but we have some strong support here at 28300.
we have strong bullish trend, for that my price prediction is long, but until i will open my long position, i need to see some strong revers movement which will be liquidity swing until they start moving up.
Here is my 2 possible scene of price action.
1 Bullish - Price braking triangle touching to resistance coming strong down which actually will give me signal for new low, touch support zone and starting new strong bullish movement.
2 Bearish - price brake triangle downside, it has weak movement at support zone then seller braking support LVL and coming down side.
I would like to share also USDT DOMINANCE which will give us better image what price going to do.
BE PATIENT!!!
Trade active:
I think we saw liquidity swing, USDT dominance is weak, i open my long position.
