🚨VOLATILITY ALERT! Powell is speaking later today, so be p | BabyofAfrica on Binance Square

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🚨VOLATILITY ALERT!
Powell is speaking later today, so be prepared for some market volatility.

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BTC VIP Analysis OCTOBER 18th, 2024 - BIAS: Mid-Term: BULLISH Short-Term: BULLISH -- As expected, the price action successfully followed the higher highs and higher lows pattern and reached the $68,000 region. This continuation of the bullish structure reinforces the momentum, with the upward trend holding strong. 📈 We can expect the price action of $BTC to take out the buy-side liquidity level marked at $70,012. 📈💰 The strong upward momentum following the breakout and retest supports this potential move toward higher liquidity, indicating further bullish continuation. 🌟 -- MAIN INTEREST LEVELS ⬇️SHORT⬇️ $66,985 ⬆️LONG⬆️ $68,114 PREDICTED DAILY RANGE $59,994 to $70,002 -- VIP ACTION PLAN The price action on the daily timeframe is holding its horizontal support level, marked between $67,579 to $66,985. 📊 If the price action sees an impulsive move from this support, we can expect a potential breakout towards the $70,000 region. 🚀 This would confirm further bullish momentum and could push the price to new highs. 🌟 ---- Yours truly, BabyWhale®

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DIA oh DIA 🤯

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BTC VIP Analysis OCTOBER 17th, 2024 - BIAS: Mid-Term: BULLISH Short-Term: BULLISH -- The price action of $BTC on the daily timeframe has broken out of another horizontal resistance level, marked between $67,579 to $66,985. 📈 The buy-side liquidity level at $70,012 is now in focus, and after a successful retest of the horizontal support level, we could see further upward movement toward this target. 🚀 Keep an eye on the support retest for confirmation of continued bullish momentum. -- MAIN INTEREST LEVELS ⬇️SHORT⬇️ $66,985 ⬆️LONG⬆️ $67,450 PREDICTED DAILY RANGE $59,994 to $70,002 -- VIP ACTION PLAN The price action on the H4 timeframe has shifted into a higher highs formation 📈, indicating bullish momentum. After breaking out of the horizontal resistance level, the price is currently forming a higher low, which is a healthy sign for a continued upward trend. 📊 If this higher low holds, we can expect the price action to push higher, continuing the bullish structure. ---- Yours truly, BabyWhale®

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BTC - Cup & Handle Weekly chart… 🚀

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