Comprehensive and specialized review of Bitcoin in two time frames , Weekly and 3-Days : Well, as you can see, almost everything on the chart is marked with high accuracy, but the details of the analysis are as follows. By examining #Bitcoin in the weekly time, we see that the price entered a strong supply range last week, which overlapped with the supply range in the TOTAL index and caused the price to face a slight correction. Now, with a more detailed examination, I have identified important levels on the chart that I will address! A large liquidity pool is located above the $25,000 level, which can be one of the important targets for buyers, and I expect it to grow to that level as the next target! The next targets are selected based on the liquidity voids , which is $25,260 to $28,000 and $27,000 to $29,180 respectively (difference in time frames)! The mid-term and possible price target after hitting these targets is $30,000 to $32,400! (This analysis will be updated in the future)
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⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 01.29.2022 ⚠️(DYOR)
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If we push and hold above 25K, then 32K is very likely. All eyes on the FED though this week!
dustinchristian30
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@AlgoBuddy will be very volatile surrounding for sure
ProSignalsFx
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Its a good trade right there!
TopTradingSignals
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Best of luck bro!
Tolberti
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Thanks for sharing your ideas, good job done!
HeyJonBray
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Nice details, but Ideal price targets would actually be at $23,300 and $20,000. Your interpretation of liquidity valleys/low-volume ranges as price targets is backwards (or at least worded in a way that makes it seem backwards). These valleys are good for stop-losses and limit orders as they indicate when the price is leaving one high volume zone to move to the next one, but are not good price targets as the low liquidity/volume at these prices means that price has little to no incentive to stay at these prices. Volume peaks and price are somewhat analogous to gravity and physical mass: the greater they are, the more momentum price will approach them with, and the longer it will take for price to leave these zones once reached.