The blue area above is the place that can send the price down. As long as the ceiling is not broken, we can still move down.
The possible scenario of Bitcoin In my opinion, according to the structure, the trend is still falling
Due to the crossing of the ceiling of 69,000 in the 4-hour period, the market went long and made corrections By reaching the order block time of 4 hours, it has started to move upwards, which can end up hitting the ceiling
Considering the positive divergences of the 4-hour candles, we can expect this movement
Here we had an area where Hunt had liquidated. Above, we have an area that is associated with chat. If it is confirmed on the area of 48000, it can go up to 48500 once more and it will be the start of the main downfall.
We have an unused area in the range of 41800, which has liquidity above it, and I expect the specified movement
In my opinion, it can have this movement, the area that has been drawn has not accumulated liquidity
In my opinion, this movement can take place, the stops of selling positions are set and the stops of buying positions are also set.
In my opinion price can touch te lower area and then move upwards
Ethereum can have this movement On any of the confirmed areas, you can enter a long position up to the top area
Or from these prices or a little lower, we have to wait for the market correction After seeing the confirmation of the correction on the area created in one hour and optimized in 15 minutes, you can enter the long position.
By breaking the last ceiling in 15 minutes time, it can give a long up to 24300
Now we have 2 scenarios, the first scenario is that if the price closes above 23597, it will rise to the 24300 area, on the other hand, if it is rejected from 23597 to the lower area, it will go down to 22200. In my opinion, the first scenario is more likely to collect liquidity. Share your opinion with me
The price rose up to the blind area in the previous analysis and hit the area. Now, considering the low time and confirmation, we can expect a fall to the specified area.
In my opinion, due to the price reaching the desired area, the price needs to be corrected. In the low time, it can see the failure of the secondary trend, so we can wait for the price correction to the 23700 area. I will be happy if you share your opinion with me
In my opinion, this drop continues to the specified area
as long as the floor 23840 is not broken is valid , the final approval of the broken and fixed top of the celling is 24476