The next 24 hours are very important for Bitcoin and the crypto market, as the U.S. presidential election results will soon be announced. Right now, the market is uncertain, so we’re sharing fewer trades in the group. Once the election results are in, we’ll adjust our trading strategy. Until then, if we share any trades, please use smaller amounts, lower leverage, and tight stop-losses.
BTC Analysis NOVEMBER 3rd, 2024 - BIAS: Mid-Term: BULLISH Short-Term: BULLISH -- As anticipated, the price action on the H1 timeframe for $BTC has successfully filled out the FVG gap between $68,213 and $67,902 🟢, with the region now serving as horizontal support.
Currently, consolidation in a compression pattern 📉 is forming, signaling potential strength in this area. This setup increases the likelihood of a bounce back from this support level, giving potential for an upward movement 📈 if support holds steady. -- MAIN INTEREST LEVELS
⬇️SHORT⬇️ $67,902
⬆️LONG⬆️ $68,335
PREDICTED DAILY RANGE $68,449 to $76,768 -- VIP ACTION PLAN
On the H4 timeframe, the price action is consolidating at a horizontal support level after breaking down the support trendline and testing this region 🔻.
This setup suggests that while a short-term bounce may occur 📈, there is still underlying liquidity below that could be targeted.
If the price action retests and closes below $67,902, we could see a move to squeeze out these lower liquidity levels.
This dual possibility gives a balanced view, with a potential bounce in the short term but a cautious outlook for further downside if lower supports are challenged. ---- Yours truly, Bab¥ofAfrica®
BTC VIP Analysis OCTOBER 18th, 2024 - BIAS: Mid-Term: BULLISH Short-Term: BULLISH -- As expected, the price action successfully followed the higher highs and higher lows pattern and reached the $68,000 region. This continuation of the bullish structure reinforces the momentum, with the upward trend holding strong. 📈
We can expect the price action of $BTC to take out the buy-side liquidity level marked at $70,012. 📈💰
The strong upward momentum following the breakout and retest supports this potential move toward higher liquidity, indicating further bullish continuation. 🌟 -- MAIN INTEREST LEVELS
⬇️SHORT⬇️ $66,985
⬆️LONG⬆️ $68,114
PREDICTED DAILY RANGE $59,994 to $70,002 -- VIP ACTION PLAN
The price action on the daily timeframe is holding its horizontal support level, marked between $67,579 to $66,985. 📊
If the price action sees an impulsive move from this support, we can expect a potential breakout towards the $70,000 region. 🚀
This would confirm further bullish momentum and could push the price to new highs. 🌟 ---- Yours truly, BabyWhale®
BTC VIP Analysis OCTOBER 17th, 2024 - BIAS: Mid-Term: BULLISH Short-Term: BULLISH -- The price action of $BTC on the daily timeframe has broken out of another horizontal resistance level, marked between $67,579 to $66,985. 📈
The buy-side liquidity level at $70,012 is now in focus, and after a successful retest of the horizontal support level, we could see further upward movement toward this target. 🚀 Keep an eye on the support retest for confirmation of continued bullish momentum. -- MAIN INTEREST LEVELS
⬇️SHORT⬇️ $66,985
⬆️LONG⬆️ $67,450
PREDICTED DAILY RANGE $59,994 to $70,002 -- VIP ACTION PLAN
The price action on the H4 timeframe has shifted into a higher highs formation 📈, indicating bullish momentum.
After breaking out of the horizontal resistance level, the price is currently forming a higher low, which is a healthy sign for a continued upward trend. 📊
If this higher low holds, we can expect the price action to push higher, continuing the bullish structure. ---- Yours truly, BabyWhale®
BTC VIP Analysis OCTOBER 15th, 2024 - BIAS: Mid-Term: BULLISH Short-Term: BULLISH -- The price action of $BTC on the H4 timeframe has taken out the upper-side liquidity and filled the FVG gap level, but it is now facing rejection.
During the bounce back, it left another FVG gap between $63,745 and $63,110. If the price action loses support at this level, we could expect a potential drop in the price of $BTC.
Holding this support level is crucial to maintain the bullish momentum. 📉🔻 -- MAIN INTEREST LEVELS
⬇️SHORT⬇️ $65,981
⬆️LONG⬆️ $62,015
PREDICTED DAILY RANGE $59,994 to $70,002 -- VIP ACTION PLAN
The price action from its demand zone has pumped up by approximately 11.47%, forming a higher high, higher low pattern.
Currently, the price action has established another higher high, and we can expect the formation of the next higher low near its horizontal resistance region.
If this structure holds, it signals continued bullish momentum for the price action. 📈🚀 ---- Yours truly, BabyofAfrica®
BTC VIP Analysis OCTOBER 13th, 2024 - BIAS: Mid-Term: BULLISH Short-Term: BULLISH -- The price action of $BTC on the H4 timeframe shows that after a series of consecutive bullish candles, it successfully took out the upper-side liquidity level and then retested its horizontal support level marked between $62,015 to $61,759.
The price action still highlights the presence of upper-side liquidity and an unfilled FVG gap between $65,552 to $64,732, which we can expect to be filled out in the near term. 📈💰 -- MAIN INTEREST LEVELS
⬇️SHORT⬇️ $62,638
⬆️LONG⬆️ $62,015
PREDICTED DAILY RANGE $59,994 to $70,002 -- VIP ACTION PLAN
The price action on the H4 timeframe is demonstrating strength from its support zone, indicating a potential for further upward movements toward the unfilled FVG and liquidity levels.
This could result in an increase in the price of $BTC as well as $ALTs, capturing the liquidity at higher levels.
Additionally, all EMAs have turned into support levels, and the volume profile reflects a solid amount of buying volume, further supporting a bullish outlook. 📈💪 ---- Yours truly, BabyofAfrica®
🚨BREAKING: Pavel Durov is now following Elon Musk on Twitter (X), and Elon Musk is the only person Pavel is following. Could something big be in the works?👀