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BTC VIP Analysis SEPTEMBER 8th, 2024 - BIAS: Mid-Term: BEARISH Short-Term: BULLISH -- The price action of $BTC on the H4 timeframe has formed a double bottom pattern 📉. The price action is currently moving towards filling out the FVG gap, marked between the $55,845 to $55,013 level 📊 -- MAIN INTEREST LEVELS ⬇️SHORT⬇️ $55,845 ⬆️LONG⬆️ $54,437 PREDICTED DAILY RANGE $55,109 to $62,400 -- VIP ACTION PLAN The price action on the H1 timeframe is heading towards filling out its FVG gap level 📈 but has yet to break out the neckline of the pattern. The volume profile indicates a good amount of volume, and the 55EMA is acting as a support level 🔄 ---- Yours truly, BabyofAfrica®
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BTC VIP Analysis SEPTEMBER 7th, 2024 - BIAS: Mid-Term: BEARISH Short-Term: BEARISH -- The price action of $BTC on the H4 timeframe, as expected, squeezed out all liquidity levels and is now bouncing back from its demand zone, marked between $53,444 to $52,830. 📊 The price action has shifted into a lower lows, lower highs pattern, and we can expect a lower high level to form, indicating a potential short-term relief momentum. 📈🔄 -- MAIN INTEREST LEVELS ⬇️SHORT⬇️ $55,616 ⬆️LONG⬆️ $54,205 PREDICTED DAILY RANGE $55,109 to $62,400 -- VIP ACTION PLAN The price action on the H1 timeframe, while rejecting, left an FVG gap between $55,845 to $55,013. 📉 The current bounce-back indicates that the price action will likely fill this gap before any further upward movement. 📊🔄 ---- Yours truly, BabyWhale®
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