BTC Daily - We are in range until one side gets liquidated☝
Currently BTC is trading in the range. ☝
Today at the bottom we saw clear indication of support zone. Whenever price comes near it, people buy it back.
It's important to note that when price bounces with size it should move the other way sizably, otherwise we are likely to exhaust the powers that are defendind the zone.
My last analysis still remains valid, I expect marketmaker to hunt stoplosses of bulls hidden at that zone since its easy money for him.
Be carefull with trading in range, sometimes it's better to wait until you see clear picture instead of juming into the departing train🚂
If you like the idea, please, press a like to let me know that my work is valuable for you. Thank you and trade wisely!💓😊
Today at the bottom we saw clear indication of support zone. Whenever price comes near it, people buy it back.
It's important to note that when price bounces with size it should move the other way sizably, otherwise we are likely to exhaust the powers that are defendind the zone.
My last analysis still remains valid, I expect marketmaker to hunt stoplosses of bulls hidden at that zone since its easy money for him.
Be carefull with trading in range, sometimes it's better to wait until you see clear picture instead of juming into the departing train🚂
If you like the idea, please, press a like to let me know that my work is valuable for you. Thank you and trade wisely!💓😊