$BTC #Altcoins👀🚀 #analysis▶️ #TradingStrategies
Let's move on to the analysis of#BTCon 1D 🔍
🤩 Even on Friday, before the closing of the American session, the lower limit of the July distribution was tested and liquidity was successfully removed at an extremely important level — PMH $65,650 (last month's maximum).
The market continues to be bullish, but a small correction is desirable for the final fixation at $65,000 and the continuation of the growth to $72,000 - a big player needs time to fix profits, at the same time "cooling off" such indicators as RSI and the finance rate.
💁🏻♂️Also, the possibility of a correction is indicated by large sales and walls of limit orders above - as I said, the whales 🐳 will gradually sell off their volumes.
The potential target 🎯 of the correction is the closest support (Bullish Order Block $62,350-$64,260)
⚠️ Important, friends! I do not urge you to close all positions at the current values and switch to short!
➡️ My advice is to conduct another series of profit fixations on the viola, leaving about half of the initial volume. In the event of a correction, we will buy back alt-setcor for profit, averaging TVX; in case of continued growth - we will not lose anything and will earn well again 😁