$BTC VIP Analysis NOVEMBER 15th, 2024 - BIAS: Mid-Term: BULLISH Short-Term: BEARISH -- 📊 The price action on the H1 timeframe is consolidating between its horizontal support and resistance levels.
Currently, the price action is encountering resistance at the level marked between $90,133 to $89,649. 🔼 If the price action breaks out above this level, we can anticipate further upward movement in the price action. 🚀 -- MAIN INTEREST LEVELS
⬇️SHORT⬇️ $89,694
⬆️LONG⬆️ $90,133
PREDICTED DAILY RANGE $86,424 to $97,642 -- VIP ACTION PLAN
📊 The price action on the H1 timeframe is consolidating within a descending triangle pattern.
Currently, the price action is attempting to break out above the resistance trendline of the pattern and flip its horizontal resistance level, which is marked between $90,133 to $89,694. 🔼 A successful breakout and flip of this resistance level could signal potential upward momentum. 🚀 #CryptoExplorerFiesta #marketdownturn #BecomeCreator $BTC