Hi dear traders According to the previously mentioned daily analysis, you can see that there are two remaining liquidity areas. The bearish flag reached the target. Now we have an ascending channel, the ceiling of which is 1472$. If the ceiling of the channel is broken, then we have an upward movement for the liquidity area of 2000$. In case of reversal and breaking the bottom of the channel, we will reach the liquidity area of 881$. Waiting for breakout to enter. Let's see what happens Good luck
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Tp1 1400 Tp2 1350 Tp3 1319
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We can see bearish divergence between price and RSI in 1H time frame. Posibel price go down to near 1472 $. Buy area golden packet between 1475 and 1350. Let's see what happens.
@averkieskila, I think we have a false breakout 🤔🤔
averkie_skila
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@Th57Trader, And I think so too, it's already required to go down. But there is what is called a pattern of contradictions between the different timeframes. The middle timeframes still allow upwards movement. The lower ones are already showing divergences and the biggest ones, like a week or a month, show that there is nothing to worry about, we are going to go down. But as I said, the price squeeze is also possible up to 1750. Characteristically without volumes, because the volumes are going down. This is a manipulation.
Th57Trader
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@averkieskila, 👍✔
Th57Trader
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@averkieskila, Of course, my work is risky, but it is exciting. The short position is not correct at this time
NikAlokin
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This is good analysis. Are you looking for it to get rejected at 1472 before shorting?