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AashitParcha
Nov 15, 2022 11:34 PM

#Bitcoin LTF play imo. Looking at 2 possible scenarios 

Bitcoin / TetherUSBinance

Description

Two possible scenarios for #BTC in my opinion. It either rallies from here (More likely) and takes out liquidity at 17.5k and then reacts either to HTF OB, Key Level (previous support), or the FVG left behind as marked in the chart. I will look for shorts wherever the price reacts out of these three zones.

Alternatively, if the price revisits the newly forming support at 15.5k, I will be looking for Longs upon bounce but with tighter Risk Management.
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