BTC VIP Analysis
SEPTEMBER 21st, 2024
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BIAS:
Mid-Term: BULLISH
Short-Term: BULLISH
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The price action of $BTC on the daily timeframe bounced back from the horizontal support zone between $58,261 to $57,743.
It successfully filled the FVG gap and pumped up with consecutive bullish candles đ.
The price action has now flipped the resistance into a support zone, consolidating above the new support region marked between $67,836 to $61,761 đđ
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MAIN INTEREST LEVELS
âŹïžSHORTâŹïž
$65,051
âŹïžLONGâŹïž
$62,980
PREDICTED DAILY RANGE
$60,391 to $65,132
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VIP ACTION PLAN
The price action of $BTC on the daily timeframe is consolidating above its support zone and is likely to target the upper liquidity level marked at $65,051 đč.
Meanwhile, the $USDT DOMINANCE on the H4 timeframe is also consolidating, which may indicate a bounce back đ, potentially leading to a decrease in the prices of $ALTs đ
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Yours truly,
BabyWhaleÂź