$BTC Market Analysis
SEPTEMBER 5th, 2024
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⚪️TECHNICAL (H4)
The price action on the H4 timeframe is breaking down its support region, marked between $57,312 to $56,855. 📉
It is currently filling out the candle imbalance below, marked between $56,745 to $55,545. 🔄📊
⚪️WRAP-UP (VIP)
The price action has left liquidity at the $54,615 level, which could be squeezed out. 📊 It shows support between $54,931 to $54,299, where we may see further action. 📈🔄
$BTC DAILY RANGE:
📈Upper Limit: $59,778
📉Lower Limit: $52,999
(+-12.97% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲54,931
🔴SHORT
💲56,385
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