✏️ Now, take a closer look at #BTC liquidity:



(12h) — fresh liquidity at $65,400 behind the nearest low and $68,400 behind a stronger fractal above... The likelihood of a retest of the lower ledge looks more attractive for the price, given the resulting compression and additional re-raid of aggressive longs, under HTF delivery conditions for 1d IMB near $69,000.

(24h) — same as 12h, but here long ledges are already visible near the strong 4h fractal below, just below the 4h valid SNR + 4h valid RB. I'm still keeping these POIs as likely areas for a retest and a rebound to long. A breakout of them will mean a continuation of the short OF with targets at 1w KL near $62,500.

(48h/3d) — We see fairly strong accumulations of long liquidity immediately behind the 1w KL around $62,500, which hints at confirmation of the short weekly AB to these levels.

*I only want to go long after a 4h valid RB retest and if I see VC IMB!
BTC1,97%
VC-1,02%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin