2024.4.24 #BTC Market Analysis
Chart: (H1 chart)
1) The rising structure is currently fluctuating upward. Now we still look at the hunting of MH (Monday's high point) and the test of H4 bearish OB. Rejected here, pay attention to the structural destruction, continue to test H4 bullish OB downward to obtain liquidity. After breaking through and standing firm on ranger-eq, there is a high probability that it will continue to rise.
2) Yesterday was another day of fluctuation. Let's look at this H1 bullish OB first. If it doesn't break here, then look forward to hunting MH upward. If it falls below here, the structure will be destroyed. It will continue to fluctuate to obtain liquidity. First, look at the price reaction of the H4 bullish OB position.
Trading recommendation:
1) Pay attention to the H4 bullish OB, buy here (maybe the last chance to get on board)
PS: This article is only a personal opinion, not an investment advice, please be at your own risk
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