Bitcoin / TetherUSShort
BITCOIN MARKET BREAKDOWN
BITCOIN Market Structure on the monthly charts is bullish but there is a 2 big liquidity pools wish they are a breaker block and bearish order block
ON The weekly charts market hit a bearish order block on significant key resistance level 48000
So The market will clearly trade lower from that level
Also there is a bullish order block on the weekly chart , and within that order block there is a equalibrium (range full of liquidity on the daily chart)
so profits will be taken there
For now i will focus on the range between 48000 and 40000
ON The weekly charts market hit a bearish order block on significant key resistance level 48000
So The market will clearly trade lower from that level
Also there is a bullish order block on the weekly chart , and within that order block there is a equalibrium (range full of liquidity on the daily chart)
so profits will be taken there
For now i will focus on the range between 48000 and 40000
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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.
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.