BTC VIP AnalysisAPRIL 17, 2024
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BIAS:
Mid-Term: BEARISH
Short-Term: BULLISH
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On the H1 timeframe level, the price action is consolidating in a comparison level where it has bounced back from its Horizontal Support level which is marked between the $63,640 to $62,950 level.
The price left out the FVG gap level which is marked between the $65,923 to $64,948 level.
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MAIN INTEREST LEVELS
⬇️SHORT⬇️
$65,923
⬆️LONG⬆️
$63,640
PREDICTED DAILY RANGE
$52,140 - $71,686
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VIP ACTION PLAN
The price action has broken out its neckline of the compression level and it can bounce back after its retest level at its Horizontal Support level
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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.