Back in range and the price has made a bearish retest. As long as we trade below $28.8k, I expect us to visit $27.6k (range EQ) and maybe even $26.4k (range low)
Bullish Orderflow do you see a pattern here? B.OF observed on US500 11/01/23 (LTF Uptrend) Liq grabs then Clean Ltf structure break with Imbalance + IDM and rebalances -> weak high / Equal H, repeating the same pattern again.
seems like BTC has made a fakeout in H4 range and most probably it is gonna be consolidating in this range area, until the newest low is taken out too.
Still on track. Buying power seems to be increasing on the lower timeframes too, which is a good sign. As long as BTC and ETH remain strong, I believe we will see $20+ levels in no time.
Check our previous update !! Thanks for following ❤️