Fvg
Major correction coming soon for Bitcoin?We see that Bitcoin is trading in a range since ~ 8 January.
What is this chart showing?
- There was a shift in Market Structure at the 10th off January
- After this shift we saw the Lower-Low
- I see Equal high's, those should get hunted (imo)
(My) Conclusion:
I placed my short order at 50% of the orderblock (blue). I think this could be a major turning point for Bitcoin. Price could easy visit $25000 region (FVG). Price could also drop lower to test broken levels that are (STILL!) untested.
Thank you for checking my analysis!
Do you have tips or other comments? Tell me please! I'm open for feedback!
OmisegoBTC For A Trend ShiftOn the 4h, Market Structure speaks a shift to the upside backed by the bullish divergence spotted, Breaker confirmed. There was a generous retest to the source after a strong momentum was to the upside creating an FVG, as well as creating what we can call a swing High. As a result of Buy side FVG left around the swing high, we expect a retest to that region before another and probably the last retest to fill the sell side FVG after which the trend to the upside should begin fully, We can't say for sure but these are Omisego's most prone moves. Stay Inspired, Make Money!
Possible Long Scenario France 40 (FRA40)To me it look like a good Re accumulation schematic playing out. Just waiting on a test.