$BTC VIP Analysis
AUGUST 6th, 2024
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BIAS:
Mid-Term: BEARISH
Short-Term: BULLISH
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The price action of $BTC on the H4 timeframe has successfully bounced back impulsively after grabbing all the liquidities below the level. đđ
Currently, the price action is attempting to form higher highs.
However, to show continuation, the price action must flip the resistance region level and hold it. đâš
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MAIN INTEREST LEVELS
âŹïžSHORTâŹïž
$59,474
âŹïžLONGâŹïž
$55,779
PREDICTED DAILY RANGE
$50,424 to $59,755
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VIP ACTION PLAN
The price action on the H1 timeframe level has changed the trend and is currently forming higher highs.
There is an FVG gap level between $57,976 and $56,249, which we can expect to be filled out đ
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Yours truly,
BabyWhaleÂź