BINANCE:BTCUSDT.P
Possible Targets and explanation idea
➡️We got Daily FVG marked with levels
➡️On 1H timeframe 3 main pools, 2 of them we swiped
➡️Walk from liquidity to another liquidity. now road to 27761 and 28701
➡️ At this levels need to see price reaction from sellers.
➡️ If there is no reaction road to 35-48 possible in October till May 2024 if we...
Hi, So here's the chart of BTC/USDT. We just formed a bearish bat pattren and brokedown the Symmertical triangle. Our next stop is around 19670 because we have 2 order blocks ( Fair Values ) at 20500 and 19800. We are making a Bear Flag if we breakdown this pattren then we are moving towards 14000.
I see two possible scenarios for the price action on 15M:
1. Direct push to resistance levels - in the area with a green rectangle where all three trend lines cross.
2. Retreat to triangle's support line in red colour, bounce off and proceed to green rectangle area.
Upon reaching green rectange go Short for the next few candles on 15M.
