BTC
Hello
Considering the passing of all the recent analyses. It is very likely that the price will move higher after taking pwl liquidity.
Because liquidity is high in PWL, it is likely that the price will suffer at this point.
If the price of step number (1) is shown in the chart, the rest of the steps will be executed, otherwise the analysis will be invalidated.
This is a personal opinion.
Good luck
Considering the passing of all the recent analyses. It is very likely that the price will move higher after taking pwl liquidity.
Because liquidity is high in PWL, it is likely that the price will suffer at this point.
If the price of step number (1) is shown in the chart, the rest of the steps will be executed, otherwise the analysis will be invalidated.
This is a personal opinion.
Good luck
Note
Because the price could not break the step (1), so the downward trend of the price will still continue.
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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.