Is BTC Really Bullish?
Upward return movements can be considered substructure.
A range is forming for BTC, we are near the premium of this range.
We can consider the purpose of this substructure to sweep the liquidity pools on the top of the chart (which we specified with $$$).
We can expect a drop to the specified levels by sweeping one or both liquidity pools above the chart.
Closing a candlestick above the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
A range is forming for BTC, we are near the premium of this range.
We can consider the purpose of this substructure to sweep the liquidity pools on the top of the chart (which we specified with $$$).
We can expect a drop to the specified levels by sweeping one or both liquidity pools above the chart.
Closing a candlestick above the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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