BTC - Ranges overview
We've gotten some interesting pa on BTC since our last post so let's see how we play from here.
We've taken out some buyside liquidity around 73K and we've attempted to create new all time highs. BTC is yet to hit 74K and eventually price higher towards 75K and 80K.
As long as we respect the FVG (yellow box) expect us to trade between 70K-73K.
IF we fail to hold the current highs expect some retracement towards 70K.
IF we hold the current levels and break above the FVG expect us to aggressively trade towards new all time highs.
No need to front run the market or over-leverage your positions. WAIT FOR THE MARKET TO SHOW YOU ITS HAND AND TRADE WITH THE MARKET.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
We've taken out some buyside liquidity around 73K and we've attempted to create new all time highs. BTC is yet to hit 74K and eventually price higher towards 75K and 80K.
As long as we respect the FVG (yellow box) expect us to trade between 70K-73K.
IF we fail to hold the current highs expect some retracement towards 70K.
IF we hold the current levels and break above the FVG expect us to aggressively trade towards new all time highs.
No need to front run the market or over-leverage your positions. WAIT FOR THE MARKET TO SHOW YOU ITS HAND AND TRADE WITH THE MARKET.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
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