📉 Bitcoin Daily 📈
On 10th red 4H candle in a row $BTC dipped under the range low. The following green candle tipped my next key liquidity zone under 82180 and shown some bullish reaction. But that candle alone means nothing without the following 2-3 candles confirming same PA.
Will BTC continue ranging or break down, yet impossible to tell. But rewards for longs here should be better than for new shorts (within "range" scenario).
If no buy pressure comes and price get stuck under 83k (and rejected from Daily 20ema again), next important levels to watch on the downside will be developing Year VWAP VAH around 81300 and huge liquidity pool zone just above Monthly 20EMA (79125-80000)
🎯 Nearest Key Levels
Above: 84666 / 86511 / 87433
Below: 81400 / 79900 / 74470
📉 High Timeframe Forecast: I expect a dump during Q4, as the Fed is expected to raise interest rates either on October 27–28 or later, on December 8–9
⏰ Free TG #Bitcoin alarms set for: Y VWAP VAH, D/W/M 20ema, 87249.6, 82500, 73653, 68241
Trend: D ▶️ W ▶️ M ▶️
🤑 F&G: 64 < 71 < 73 < 70 < 65
On 10th red 4H candle in a row $BTC dipped under the range low. The following green candle tipped my next key liquidity zone under 82180 and shown some bullish reaction. But that candle alone means nothing without the following 2-3 candles confirming same PA.
Will BTC continue ranging or break down, yet impossible to tell. But rewards for longs here should be better than for new shorts (within "range" scenario).
If no buy pressure comes and price get stuck under 83k (and rejected from Daily 20ema again), next important levels to watch on the downside will be developing Year VWAP VAH around 81300 and huge liquidity pool zone just above Monthly 20EMA (79125-80000)
🎯 Nearest Key Levels
Above: 84666 / 86511 / 87433
Below: 81400 / 79900 / 74470
📉 High Timeframe Forecast: I expect a dump during Q4, as the Fed is expected to raise interest rates either on October 27–28 or later, on December 8–9
⏰ Free TG #Bitcoin alarms set for: Y VWAP VAH, D/W/M 20ema, 87249.6, 82500, 73653, 68241
Trend: D ▶️ W ▶️ M ▶️
🤑 F&G: 64 < 71 < 73 < 70 < 65