Gravity-Traders-Academy

BTCUSD Update | Long Term Buy

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BINANCE:BTCUSD   Bitcoin
"I'm considering a long-term buy on BTCUSD. The reason for this is that on the daily chart, it recently hit a Buy-Side Liquidity (BSL) zone at around 31,200 and experienced a significant drop. Currently, it's approaching the Sell-Side Liquidity (SSL) zone at 24,792. I anticipate that it will either bounce back after touching the SSL or after completing a retest. The Daily COG line is at 23,032, and it's close to the Warm Hole(WH), which adds to my confidence in this trade. Therefore, I'm looking for a buying opportunity during this dip.

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