$BTC VIP Analysis
JUNE 23, 2024
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BIAS:
Mid-Term: BEARISH
Short-Term: BULLISH
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The price action of $BTC on the daily timeframe level has successfully filled out the FVG gap level which was marked between the $64,660 to $62,335 level and filled it out completely.
Currently, the price action on the daily timeframe level is consolidating at its horizontal support level which is marked between the $65,071 to $64,048 level where it can show us the leg-up level from there.
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MAIN INTEREST LEVELS
⬇️SHORT⬇️
$64,048
⬆️LONG⬆️
$65,071
PREDICTED DAILY RANGE
$67,652 to $61,125
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VIP ACTION PLAN
After breaking down the neckline of the compression level the price action is consolidating in a lower low lower high pattern level.
Where it respects its horizontal support level which can show us the leg-up level from there.
though all the EMAs act as an resistance level except the 200EMA level
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