BTC VIP Analysis
SEPTEMBER 8th, 2024
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BIAS:
Mid-Term: BEARISH
Short-Term: BULLISH
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The price action of $BTC on the H4 timeframe has formed a double bottom pattern đ. The price action is currently moving towards filling out the FVG gap, marked between the $55,845 to $55,013 level đ
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MAIN INTEREST LEVELS
âŹïžSHORTâŹïž
$55,845
âŹïžLONGâŹïž
$54,437
PREDICTED DAILY RANGE
$55,109 to $62,400
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VIP ACTION PLAN
The price action on the H1 timeframe is heading towards filling out its FVG gap level đ but has yet to break out the neckline of the pattern.
The volume profile indicates a good amount of volume, and the 55EMA is acting as a support level đ
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Yours truly,
BabyofAfricaÂź