Hi guys, I hope the growth of Bitcoin has brought you rich profits.
What happened today was that we expected a temporary drop to fill the FVG area, which it did and it bounced back to 47,000.
This upward trend continues until reaching the price area of 48000, the existence of a lot of liquidity and more resistance can bring the price back from this area.
My idea is that Bitcoin will grow to the supply area of 48000.
By collecting all the liquidity in this area, the price will experience a decrease to the demand areas of 43550 and 41250.
Of course, you should keep in mind that with the news that will come for Bitcoin on Wednesday, let's have the possibility of any reaction for Bitcoin.
Adjust your trades with optimal risk and guaranteed loss limit.
If such analyzes are useful for you, I will be happy to support you and share your opinions with me in the comments section.
What happened today was that we expected a temporary drop to fill the FVG area, which it did and it bounced back to 47,000.
This upward trend continues until reaching the price area of 48000, the existence of a lot of liquidity and more resistance can bring the price back from this area.
My idea is that Bitcoin will grow to the supply area of 48000.
By collecting all the liquidity in this area, the price will experience a decrease to the demand areas of 43550 and 41250.
Of course, you should keep in mind that with the news that will come for Bitcoin on Wednesday, let's have the possibility of any reaction for Bitcoin.
Adjust your trades with optimal risk and guaranteed loss limit.
If such analyzes are useful for you, I will be happy to support you and share your opinions with me in the comments section.
Trade active:
As we predicted, when we reached the 48000 area, we were accompanied by a heavy return, I expect this drop to continue to achieve our targets.
Comment:
Hello guys, as we expected, Bitcoin could not break the daily supply area and according to our prediction, it came back and took target one and moved to the close of target two, I hope this analysis was useful for you and you were able to use it well.
Trade closed: target reached
Trade closed: target reached:
TP 2 REACHED