$BTC Sunday update:
I'd expect BTC to leave this range at the start of this week.
Upwards or downwards?
We would usually see a move downwards after a false breakout to the upside but let's check where the liquidity is...
I'd expect BTC to leave this range at the start of this week.
Upwards or downwards?
We would usually see a move downwards after a false breakout to the upside but let's check where the liquidity is...
We're still keeping an eye on $18k but MM has built a lot of liquidations at $20.5k this week, so we're going to pay attention to this zone too.
- $20.5k: $20B worth of short liquidations
- $18k: $20B worth of long liquidations
Liquidations Heatmap 1 month tf @hyblockcapital
- $20.5k: $20B worth of short liquidations
- $18k: $20B worth of long liquidations
Liquidations Heatmap 1 month tf @hyblockcapital
In 3 month tf we have something very interesting... a lot of liquidity at $17.4k.
So a sweep of $18k will probably not be enough and they'd drop it lower to low 17s.
So a sweep of $18k will probably not be enough and they'd drop it lower to low 17s.
If we put everything into the chart... you can see it's difficult to see a clear direction but I think there is a higher probabilty that we see the liquidations below getting hit soon.
Full day trading and scalps for now... not a clear swing position atm.
Full day trading and scalps for now... not a clear swing position atm.
جاري تحميل الاقتراحات...