These are levels that I'll be keeping an eye on when dealing with BTC/USD, and I'll revise as price action progresses.
I adapt to the change in money flow.
Yesterday's daily engulfing pushed away from a significant range that's been supporting price along with forming a V shape which is actually cascading to the higher T.F.
I adapt to the change in money flow.
Yesterday's daily engulfing pushed away from a significant range that's been supporting price along with forming a V shape which is actually cascading to the higher T.F.
Comment:
Bitcoin's P.A. hit the barrier at the high end of the curve. I'll look to see if it'll retrace to the range I mentioned on the chart.
Comment:
Price blew pass the barrier, and now above a previous weekly low.
Comment:
Daily continuation ($40967 - $41957) formed. If failed I would look to liquidity sitting below the price imbalance.
Comment:
The daily & weekly is very telling. Price action is actually cascading so what I noticed last week from the daily I'm starting to see the same thing on the weekly. Bullish sentiment. 🐻