IllyrianTrader

Bitcoin pushing towards 31K - BTCUSD

Long
IllyrianTrader Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello traders,
BTCUSDT is trading in a range that we identified on May 2022 as a liquidity gap.
As predicted trading turned into this box to fill te previous liquidity gap.
At the moment we need a validation to confirm a break below or above this box.
There are good chances of a break as there is a large bullish flag pattern on the daily timeframe.
In the short term we will see bulls pushing bitcoin around 31K.
I will update this idea in the next few days.

Upvote and comment with your idea.
Thank you all for the support over the years.
Trade active:
Recent retracements show that 0.5 Fibonacci's a good support. Monitor this level.


Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.