Phenol_fx

Looking forward to breakout

Long
Phenol_fx Updated   
BINANCE:BTCUSD   Bitcoin
BTC Update April 8

W week's candlestick chart closes the pinbar candle, withdraws its whiskers, and scans the liquidity of last week's candlestick, showing that the buying force at the 64k area was well supported by buyers and is likely to push the price further.

The chart of the D day frame has closed the candle above the IFVG zone, showing that the buyers are gradually overwhelming. We will mainly go Long with BTC following the current trend, the asymptotic zone has not changed at 71k8, 73k8. , wait for the signal so we can open a LONG position. If there is a bad case, we will update everyone immediately.

Altcoin is recovering after the recent decline. Trends should pay attention to AI, RWA, POW in the near future, so Long will be given priority.

GOOD LUCK FOR THE START OF THE WEEK!
Comment:
Comment:
BTC Update April 10

The daily chart has reached the support zone at 68k8 with a reaction of withdrawing the whiskers and scanning the previous candlestick liquidity. We wait for confirmation at LTF h1 to be able to go Long.

The h1 chart is in the FVG zone, and the FVG zone below 67k has not been filled yet. We also need to be careful if the price comes here. In case it goes up here, watch the CE at m5, my view is to adjust. light but still bullish

Altcoin Spot positions are still kept and if they return to the DCA regions, divide the capital to buy more. Future positions should continue to sit and observe. If the adjustment has not been completed, you should not rush to go Long. As for Short, I advise you to still bet. Quick shorten!

GOOD LUCK TRADING!

Forex Market Observer

t.me/Forexmarketobserver
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