BTC VIP Analysis

SEPTEMBER 18th, 2024

-

BIAS:

Mid-Term: BULLISH

Short-Term: BULLISH

--

The price action of $BTC on the H4 timeframe successfully squeezed out the buy-side liquidity level marked at $61,148.

The price action also broke out of the resistance region.

We can expect the price action to fill out the FVG gap and complete the pattern formation 📈💥

--

MAIN INTEREST LEVELS

⬇️SHORT⬇️

$64,200

⬆️LONG⬆️

$60,310

PREDICTED DAILY RANGE

$55,650 to $64,590

--

VIP ACTION PLAN

The price action on the daily timeframe indicates that it will fill out the daily FVG gap level, marked between $62,918 to $60,283.

Additionally, there's an upper buy-side liquidity level marked at $65,051, which could potentially be squeezed out 📊📉

----

Yours truly,

BabyWhale®