BTC/USDT Analytics 🪙
Many are worried about the volatile trading day, so I decided to help you and write an analysis of Bitcoin!
- On the 1d chart, we see how the price has changed its movement character, after which it began to move according to Order Flow, updating its structure.
- At the moment, we have a downward move after an impulsive week, entering the POI on LTF.
- On LTF, we can now consider 2 scenarios.
1. Price leaving the current levels (mitigations of POI) and continuing to rise to the 100-105k level.
2. Going lower and
mitigating the IMB Zone at 86-83k and then moving to the prices of 100-105k!
I am leaning more towards the second scenario with a pullback, during the pullback in Imbalance, I will wait for the price to change its character to long.
- The targets for the idea are the levels 100-105k and 86-83k.
