#bitcoin UPDATE 馃槺 WHAT WILL HAPPEN NEXT 馃槺
Take your time and just read this then do whatever you want.
I am tagging th post since 9th of june, check the post and look at the comments. all three scenarios were completely correct and if you had followed this setup, you would already tripled or quadrupled your money. 馃幆馃幆馃幆
Now before you close this post and move onto the degenerate degens that doesn鈥檛 have a clue on what is happening, let鈥檚 take a moment and prepare for the next step.
HOW TO DO YOUR RESEARCH (i will do for btc)
Now first we will check the price action range: The current price is $65,987.81, showing a decrease of 2.29%.
Then we identify the resistance and support which as you can see there is significant resistance around $67,376.72 and $70,000.92 and support levels are visible at $64,818.84 and $63,735.39.
Then we see multiple moving averages are converging, indicating potential consolidation. Also stochastic at the bottom shows the blue and orange lines in an overbought region, suggesting a potential price drop.
Then we see the volume profile looks a high around $65,467.22, indicating significant trading activity at this level.
All of this can be decided as soon as you look at the chart, (1st photo)
Now we check the liquidation map to have a better understanding on the possible path price action will follow: ( photo 2 and 3 that shows the 12 hour and weekly liquidation data )
Then we have to check also the liquidation levels:(photo4 ) showing balance btw longs and shorts
And then we draw our map; in comments