WE ARE BULLISH đ!! But pay attention.
After BTC has sought liquidity at the bottom as we predicted, we must review the following possible scenarios... Because this is getting very interesting.
We are currently heading towards the key and crucial level of 65,100 (0.38 Fibo of the daily trend).
The possible scenarios:
1. The price breaks the area with the candle body, moves sideways and retests, that is, it falls to validate the level as support and continue.
2. The price rises but, once a 4-hour period or the daily candle is closed, profits are taken and we fall.
3. Worst scenario: It makes a double top at 66,500 to resume the fall.
4. The best scenario, it breaks the previous high as it should according to the structure (it may or may not go to retest the 65) and then it could go to look for the next level in the 69K area.
What should we do? Wait for the closing of the periods and see how it behaves.
If it breaks the 65,100 and makes a bottom at the level, we can go long.
If it loses it, we can wait for a test from below, where it would be rejected and go short.
(in both cases with STOP LOSS)
Currently you should wait for the price to develop if you are not in and with the map that I give you, make possible decisions.
â ïžToday and the following days are key, we must see what happens in the "Key zone"â ïž
Crypto Citizen says goodbye!
If you want me to analyze a particular coin, let me know in the comments
