AlexWhale

Bitcoin, what's going on? Two main scenarios!!!

BINANCE:BTCUSDT   Bitcoin / TetherUS
In the last idea, we said that the price could come to the marked liquidity zone.

It did, and we opened a scalp trade on a test of that zone. On the screenshot you can see the buy and sell point.

The trading system rebound from the accumulation zones has a high win rate. You can use this strategy in your trading.

What to do now?
If we analyze from the technical analysis side, there are two key levels of $45,492 and $41,925 on the chart.

The level of $45,492 acts as resistance and as a local high, it is very important that the price closes above the level to continue the upward movement. In case the price squeeze and closes above it, there could be a good buying opportunity.

If the price closes above, the next mark would be a liquidity gap. We wrote about this in more detail in this idea.

A bad scenario, in the event the price returns to the $41,925 level and the daily candle closes below that level. Why this is important we wrote in this idea.

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