BTC time for a new analysis

Hello Birdies,

Hope you are all well. Lets find a new perspective in BTC today.

Legends

• Power of 3 - Blue, Red and Green rectangle
  
• Channel boundaries - Orange channels
  
• Supply Zone - Red box
  
• Fib
  

Analysis

1. So far we have seen that PO3 made it to the upper boundary of channel formed during the pattern
   
2. If we go down to 23.6 fib level for the liquidity than I am safe to assume it will open haven gates for $34k - $38k levels
   
3. But if it goes for $31.5k - $32k levels than it will behave as a bull-trap and we will go dow to $23.5k levels and further down will getting higher probability.
   

Final Verdict
- Look for the $28k if we go there first long it blindly for $34k+++
- And if we goto $32k first go blindly for $24.6k------

Comment:

4H outlook it we found another bullish PO3 which means we are going for $32k first

Comment:

Wish I can say on point but the analysis was right if we go up short blindly for 24.6

Trade closed: target reached:

Target reached 100%