$BTC VIP Analysis by Salman Khan Wazir

SEPTEMBER 16th, 2024

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BIAS:

Mid-Term: BULLISH

Short-Term: BEARISH

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The price action on the H1 timeframe successfully completed the Bullish Harmonic Bat pattern as expected 📈.

Currently, it is respecting its horizontal support region marked around the $58,309 level.

The price action needs to hold this level to establish a strong support zone

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MAIN INTEREST LEVELS

⬇️SHORT⬇️

$60,060

⬆️LONG⬆️

$58,548

PREDICTED DAILY RANGE

$55,650 to $64,590

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VIP ACTION PLAN

The price action on the H1 timeframe successfully filled the FVG gap between $59,598 and $58,348 📊.

We may see a bounce back as consecutive bearish candles have formed.

To confirm bullish momentum, the price action needs to hold its horizontal support level 🔄

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Yours truly,

Salman Khan Wazir®