SonicTrade

BTC/USDT (1W) Which Direction?

BINANCE:BTCUSDT   Bitcoin / TetherUS
The price is approaching the main dynamic line and the main action will be very soon On the chart, I noted the most important candle, the buyback candle. The volume indicator clearly shows that the volume of a candle is equal to the volume of sell candles, which hints to us that MM can accumulate a position in this way. According to the rules of candle analysis, now the main thing is to determine there, in the end, the candle will close above or below the range of our main candle. Their further movement will continue. The total volume indicator and the strong dynamic hint us at a bounce upwards and I expect this scenario as the most probable, but you should always be prepared for any surprises that the market generously presents to us. Control your position and good luck to everyone!
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