BTCUSDT, Mon Price Action!
Bitcoin price movement today showed that it crossed the SS1 to SS3 levels and is on the rise. Because he collected the liquidity that was below these levels in order to harvest the existing stop buys above the levels of the buy sides, in order to collect the liquidity below the SS4 level again with greater strength and speed.
It is likely that the upward movement of the price will continue with the BS2 target, and after that the price will attack towards the SS4.
Why is it likely? Because it is in the 62% Fibo zone.
Of course, we also have BS3 and EQL levels.
We will have to wait until Tuesday and even Wednesday to see how far the upward movement of Bitcoin will be. And then preparing for a beautiful shorts position.
Mon 23 Jun - 17:36
It is likely that the upward movement of the price will continue with the BS2 target, and after that the price will attack towards the SS4.
Why is it likely? Because it is in the 62% Fibo zone.
Of course, we also have BS3 and EQL levels.
We will have to wait until Tuesday and even Wednesday to see how far the upward movement of Bitcoin will be. And then preparing for a beautiful shorts position.
Mon 23 Jun - 17:36
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.