๐ BTC: Daily View (D1) โ Monthly close and expectations
To complete our market view, we analyze the structure on the daily timeframe (D1).
Current situation on the daily framework:
We observe a CRT pattern present in the structure, although we must be realistic about the magnitude of the current impulse, which looks rather timid given the dominant selling pressure.
The environment: We are at the end of the month, a critical moment where consolidation in the closes of the different assets will provide fundamental clues about the behavior of order flow for the start of July.
Outlook: Beyond the technical reaction, the key now is to see how the monthly closes end up positioning. We are facing a new trading week that requires close attention to the reaction at key levels.
New week to keep working with discipline. Wishing you all much success in your trades! ๐๐๐
What area are you monitoring to confirm a more forceful impulse? Iโm reading your comments below. ๐
#bitcoin #BTC๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ #AnalisisTecnico #CryptoTrading #priceaction
To complete our market view, we analyze the structure on the daily timeframe (D1).
Current situation on the daily framework:
We observe a CRT pattern present in the structure, although we must be realistic about the magnitude of the current impulse, which looks rather timid given the dominant selling pressure.
The environment: We are at the end of the month, a critical moment where consolidation in the closes of the different assets will provide fundamental clues about the behavior of order flow for the start of July.
Outlook: Beyond the technical reaction, the key now is to see how the monthly closes end up positioning. We are facing a new trading week that requires close attention to the reaction at key levels.
New week to keep working with discipline. Wishing you all much success in your trades! ๐๐๐
What area are you monitoring to confirm a more forceful impulse? Iโm reading your comments below. ๐
#bitcoin #BTC๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ #AnalisisTecnico #CryptoTrading #priceaction