2024.4.12 #BTC Market Analysis

Chart situation: (H1 chart)

1) The structure is up. If H2 is reversed, the OB is bullish and then goes up. The structure is destroyed. It is currently a retracement, and it is also retracing the OB we talked about yesterday as expected. Still, OB here is the buying opportunity we are paying attention to. Stop loss below.

2) The above built IDM yesterday, waiting for MH and BSL testing after hunting.

Trading recommendations:

1) As I said yesterday, focus on 70000-69000 to test the buying opportunity.

PS: This article is only my personal opinion and is not intended as investment advice. Please be responsible for your profits and losses. The community morning report is updated twice a day and contains market analysis of multiple trading pairs such as #BTC📷📷#ETH#SOL. Welcome to join the community to read.

Wuji Infinity® https://discord.gg/UCES9w6e2G