Bitcoin / TetherUSShort
BTC ANALYSIS 16TH NOV 2024
Updated
🚀 BTC Update - Bullish Trend Intact
📈 Overall Trend: Strongly bullish.
⏳ 1H Analysis: Price has broken the previous high and is now consolidating in a range. Imbalances are visible below.
📊 Current Move:
Price has broken out of the range and is moving to fill the imbalances identified on the 1H and 15M timeframes.
A retracement and rejection from key levels have already occurred, confirming momentum.
💡 Trading Advice:
Take profits strategically.
Avoid greed and focus on proper risk management to protect your capital.
📌 Like & Follow for more updates!
💬 Drop a comment below for analysis on other assets.
📈 Overall Trend: Strongly bullish.
⏳ 1H Analysis: Price has broken the previous high and is now consolidating in a range. Imbalances are visible below.
📊 Current Move:
Price has broken out of the range and is moving to fill the imbalances identified on the 1H and 15M timeframes.
A retracement and rejection from key levels have already occurred, confirming momentum.
💡 Trading Advice:
Take profits strategically.
Avoid greed and focus on proper risk management to protect your capital.
📌 Like & Follow for more updates!
💬 Drop a comment below for analysis on other assets.
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