$BTC VIP Analysis October 14, 2023 - BIAS: Mid-Term: Neutral Short-Term: Bullish -- Currently, the price action is respecting its Horizontal Support level marked between the $27206 to $26786 level where the price action is consolidating in a compression level which can show us upward movement after an Breakout of the Market Structure Shift level
As the price action lefts out the FVG gap level marked between the $27031 to $26800 level which is filling out already
Up Probability: 44% - Down: 56% -- MAIN INTEREST LEVELS
⬇️SHORT⬇️ $27206
⬆️LONG⬆️ $26,776
PREDICTED DAILY RANGE $28636 - 24904 -- VIP ACTION PLAN
Short positions remain in place and very likely reach lower targets in the next couple of days as chop and bearish volume increase. Depending on price action development we’ll also update on new positions and setups.
#YGG is kinda moving in a consolidation range and also moving within the big channel pattern. The support zone is at $0.197 - $0.265 - $0.274. There's no setups forming right now, You can wait for the price to tap either side to break it.
#ENJ slowly moved lower and volume is kinda dead now. Price is been moved 4.3% in favor, kinda careful with the entries , if you took it. Looking back, there no proper data to have it. So if market goes in favor, we can move strongly lower.
Central Bank Digital Currency (CBDC) is a digital form of a country's official currency that is issued and regulated by the central bank, which is the highest monetary authority in a nation. Here are the key details about CBDC:1. Official Digital Currency: CBDC represents a nation's official fiat currency in digital form. It's a digital representation of the same currency you use in physical cash and bank accounts, such as the US dollar, euro, yen, or any other official currency.2. Central Bank
#LQTY has been given a fakeout and dropped hard with the market after the small consolidation. The Resistance is at $1.44 - $1.47 and the price is currently respecting the Trendline. Well, wait for it to break for short and no buy setups until a daily close above the Resistance.