đ #Bitcoin Daily đ
Target for October buy tail around 61153 reached â Week FVG at 60597-62534 range fully closed â What next?
Next is important to remember that we should always respect the momentum. For me that means that you don't rush to go against the impulse move, as every impulse move got to slow down, which takes time. Therefore, while current price level is a very good zone for bullish bounce, I don't expect that bounce to happen instantly. May take couple of weeks. Moreover, I think there are high chances for developing Year VWAP at ~59620 to be touched as well. Talking about wicks if $BTC stays bullish.
Nearest short term target for the bounce is above 62550 and up to 63300 (September close).
Nearest liquidity pools:
above - 62828 / 63286 / 63916 / 64430
below - 60938 / 60307 / 59592 / 58932
Lines on the chart:
đž70081 - July high
đž68215 - July failed swing W close
đž65650 - August high
đž64601 - July close
đž63309 - September close
đž62766 - June close
đž60597 - D swing high
đž58942 - August close
Trend: D đŒ W â¶ïž M â¶ïž
đ€ F&G: 42 < 50 < 61 < 63 < 64