truepersonal

BTC LOCAL ANALYSIS 1hr

Short
truepersonal Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Based on the previous analysis, we stayed on course as indicated by the blue scenario, which is indicated by the blue arrow indicator.

  • Liquidity was subsequently withdrawn, prompting an immediate reaction from 4.7%.

Installing an "OB" near the wick provides an increased level of confidence in the effectiveness of the identified zone.

In addition, the “fvg” pattern emerged at the 15-minute interval, representing a favorable context for continuing the downward setup towards the initial target.
Order cancelled:
While Bitcoin is in (OB) -
the necessary confirmation was not received for 5-15 minutes - there was no final confirmation signal.

While we're flying!

I must caution that the price is currently experiencing upward pressure, indicating a potential correction is needed. At any moment there is a possibility of a sharp downward movement.
Please keep this in mind when you begin your analysis.

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