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Market structure shift to bullish confirmed đ„łđ„đ€
Yesterday closed with strong bullish candle which should support momentum to push price higher to ~67-68k. At least this is something we may expect and therefore not try any shorts until bullish momentum clearly dies. Or no shorts at all from now on.
Where to buy the dips within this new market structure? Nearest zone that has high chances to be revisited is under 62.3k and taken from week chart where bullish impulse will create a fair value gap. Doesn't have to be closed, not all gaps close in future, but still its a strong factor to consider.
And to cool your ardor a little bit more, keep in mind, that to stay bullish, next $BTC swing has to create a higher low - for week TF that should be above ~52530 and for Day TF above ~57450.
Nearest liquidity pools:
above - 66030 / 66975 / 67250 / 70310
below - 64147 / 63730 / 62530 / 61770
Lines on the chart:
đž70081 - July high
đž68215 - July failed swing W close
đž65650 - August high
đž64601 - July close
đž62766 - June close
đž60597 - D swing high
đž58942 - August close
Trend: D đŒ W â¶ïž M â¶ïž