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$BTC Analysis October 14, 2023 - BIAS: Mid-Term: Neutral Short-Term: Bullish -- Currently, the price action is respecting its Horizontal Support level marked between the $27206 to $26786 level where the price action is consolidating in a compression level which can show us upward movement after an Breakout of the Market Structure Shift level As the price action lefts out the FVG gap level marked between the $27031 to $26800 level which is filling out already Up Probability: 44% - Down: 56% -- MAIN INTEREST LEVELS ⬇️SHORT⬇️ $27206 ⬆️LONG⬆️ $26,776 PREDICTED DAILY RANGE $28636 - 24904 -- VIP ACTION PLAN Short positions remain in place and very likely reaching lower targets in the next couple of days as chop and bearish volume increase. Depending on price action development we’ll also update on new positions and setups.
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📌$JASMY/USDT (LONG) Leverage: 2-3x Going to fill the order block for a fast reversal. ENTRY 0.0028 to 0.003105 OTE: 0.0030 TARGETS 0.00313 0.0032 0.0034 0.0036 0.0040 0.0045 0.0050 0.0055 0.0060 0.0065 0.0070 0.0075 0.0080 SL 0.0027
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Goodnight
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MARKET UPDATE: $BTC ➖➖➖➖➖➖➖ It is exhibiting a strong bounce off the Point of Control (POC) level and appears to be gathering momentum. This suggests a higher likelihood of a bullish movement from the current market zone. In the event of a breakdown and subsequent retest of the POC level, it is possible that it will fill the order block, effectively clearing any remaining downside liquidity.
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#October 13, 2023 ➖➖➖➖➖➖➖ MARKET ANALYSIS: Market Cap.: $1.04 Trillion 24h Volume: $22.54 Billion BTC Dominance: 50% ETH Dominance: 17.7% 🔸BK® Health Standard: 3.74 (1 to 10) 🔸BK® Sentiment: -32.84% (-100% to 100%) ➖➖➖➖➖➖➖ BINANCE ANALYSIS (USDT pairs): Top Gainers 1. LOOM: +43% 2. YGG: +12% 3. MC: +11% Top Losers 1. REQ: -15% 2. PNT: -10% 3. UNI: -10% BINANCE FUTURES: Top Gainers 1. BIGTIMEUSDT: +46.81% 2. LOOMUSDT: +42.10% Top Losers 1. WLDUSDT: -7.86% 2. UNFIUSDT: -7.46% LARGEST VOLUME (24h) 1. BTC/USDT ($638m) 2. ETH/USDT ($365m) DAILY OUTLOOK LOOM, YGG and MC have become our biggest gainers for the day, with an important increase in volume for a couple of smaller alts. For now, it still looks like the bears have a local advantage over the bulls, which means we could see lower levels before our next bounce.
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