Today $BTC is in focus not because of the noise, but because of the reaction zone above the current price.
Price is around 64,341.44, down -0.848% per day.
Daily range: 64,166–64,999.
What you can see on TradingOS:
— the price is inside the zone that contains POI 64,166–64,453.441 — the current reaction zone;
— above the current price there is a bullish FVG 64,583.63–64,730.26 — a pressure zone, not support, because the price is currently below it;
— above the current price there is a bearish FVG 64,685.05–64,760 — a pressure zone, not support, because the price is currently below it;
— above the current price there is a bearish OB zone 64,760–64,999 — a pressure zone, not support, because the price is currently below it;
Weight of scenarios based on current data:
long scenario — 55%;
short scenario — 35%.
This is not a trade probability, but an assessment of the context.
What matters:
if price holds the reaction near the 64,583.63–64,730.26 area, the long context will keep an advantage. If the area is lost, the scenario will become weaker.
This is a scenario map, not a trading instruction.
$BTC #Crypto #BinanceSquare #Trading
Chart and order book — click on $BTC .
Not an investment recommendation.
Price is around 64,341.44, down -0.848% per day.
Daily range: 64,166–64,999.
What you can see on TradingOS:
— the price is inside the zone that contains POI 64,166–64,453.441 — the current reaction zone;
— above the current price there is a bullish FVG 64,583.63–64,730.26 — a pressure zone, not support, because the price is currently below it;
— above the current price there is a bearish FVG 64,685.05–64,760 — a pressure zone, not support, because the price is currently below it;
— above the current price there is a bearish OB zone 64,760–64,999 — a pressure zone, not support, because the price is currently below it;
Weight of scenarios based on current data:
long scenario — 55%;
short scenario — 35%.
This is not a trade probability, but an assessment of the context.
What matters:
if price holds the reaction near the 64,583.63–64,730.26 area, the long context will keep an advantage. If the area is lost, the scenario will become weaker.
This is a scenario map, not a trading instruction.
$BTC #Crypto #BinanceSquare #Trading
Chart and order book — click on $BTC .
Not an investment recommendation.