After we saw a deviation from the range low,$BTC has been targeting the other side of the range with volatility week ahead, the price needs to visit the range high naturally.
A retest to the 50EMA to stop long traders before reaching the range high is possible.
In terms of 1 Month and 7 Days liquidations, very similar liquidation but slightly higher chances to the upside.
Invalidation is losing the retest of the 50 EMA and that takes us possibly to the range low.
The liquidity in the orderbook to the upside and in the liquidation heatmap hit exactly at $70.3k from my previous post.
CME GAP from this weekend still intact to be filled.
Liquidity now shows at $66.7k. Will open my Longs within those zones.
We keep observing ✍🏽
LIVE
Jayh01
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$BTC SUNDAY UPDATE:
After we saw a deviation from the range low,$BTC has been targeting the other side of the range with volatility week ahead, the price needs to visit the range high naturally.
A retest to the 50EMA to stop long traders before reaching the range high is possible.
In terms of 1 Month and 7 Days liquidations, very similar liquidation but slightly higher chances to the upside.
Invalidation is losing the retest of the 50 EMA and that takes us possibly to the range low.