CompositeTrader

BTC/USD Price Action Analysis | Liquidity Hunt is Imminent

Short
CompositeTrader Updated   
BITMEX:XBTUSD.P   Bitcoin
Bitcoin is consolidating inside the Trading Range and doesn’t seem like it has enough buy pressure to reverse this downtrend, just yet. Although there might be a fake pump into the Supply OB above, in order to gather the enough liquidity and that, is where our entry initiates.

Entry: 8989
SL: 10311
TP-1: 6911
TP-2: 5811
R/R: 2.4


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