Based on the results of the morning survey, I've prepared a local analysis of #BTC 🪙on the 30m timeframe.
After the sharp correction from $61,800, an "Ascending Channel" finished forming on the chart. At the opening of the New York trading session, at 01:00-01:30 PM (UTC), "helicopters" began — manipulation in both directions to clear liquidity around the key levels of $60,000 and $59,000 ✅.
➡️ This movement created a new support zone - 30m Bullish Order Block ($59,147-$59,446). At the moment, this zone serves as the main defense against a drop below $59,000. After the so-called "helicopters," a strong impulsive growth 📈 began, during which the asset rose by more than 5%. This was followed by a correction and the formation of a second local support zone at $59,956.
In conclusion, on timeframes from 15m to 1h, bullish 🐃 divergences have formed on the RSI, and it is advisable to trade from long positions (hold them if you've already entered). The best entry for new trades would be from a correction to the previously identified local support. 🧲 The main short-term magnet is the resistance zone at $61,359-$61,589.
#CryptoMarketMoves #LowestCPI2021 #Write2Earn! #BTC☀ #ETHETFsApproved $BTC
