Double Bottom accumulation, then we got a correction due to the market and formed a Bullish Flag just under the resistance confluence of mid-zone + ema 50 + ema 100 + ema 200
đJUST IN: COMING MONTHS WILL SEE MARKET "DRIVEN MORE BY RATE CUTTING EXPECTATIONS THAN THE CUTS THEMSELVES" SAYS BITWISE HEAD OF RESEARCH PER THE BLOCKđ
$BTC VIP Analysis by Salman Khan Wazir SEPTEMBER 16th, 2024 - BIAS: Mid-Term: BULLISH Short-Term: BEARISH -- The price action on the H1 timeframe successfully completed the Bullish Harmonic Bat pattern as expected đ.
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 -- MAIN INTEREST LEVELS
âŹïžSHORTâŹïž $60,060
âŹïžLONGâŹïž $58,548
PREDICTED DAILY RANGE $55,650 to $64,590 -- VIP ACTION PLAN
The price action on the H1 timeframe successfully filled the FVG gap between $59,598 and $58,348 đ.
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 đ ---- Yours truly, Salman Khan WazirÂź