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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®
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BTC
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Mood swings 😑
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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®
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DIA oh DIA 🤯
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