BULLISH OR BEARISH ?
Btc Update .
After that heavy supply from 10 100 region to 9300 region btc hadn’t seen a supply on the daily until yesterday..
Yesterday daily closed with a red candle ( price action ) however with a controlled supply. Which gives room for more demand.
“My play book” - Possible scenarios
1. Due to less supply I’m expecting more demand and a green candle close on the daily .
2. Today ends a key time pivot on my chart hence will really pay attention to what happens today .
3. Overall I’m bullish and still holding my position from 9500. Will be closing this trade today or possible hold it further depending on VPA
Resistance ahead : 9680 , 9750 , 9840 , 10 060 , 10185 , 10400
Supports : 9500 , 9350 , 9140 , 8850 , 8720
Show some love by hitting the like bottoms and engage with me in the comment session . What you like.
After that heavy supply from 10 100 region to 9300 region btc hadn’t seen a supply on the daily until yesterday..
Yesterday daily closed with a red candle ( price action ) however with a controlled supply. Which gives room for more demand.
“My play book” - Possible scenarios
1. Due to less supply I’m expecting more demand and a green candle close on the daily .
2. Today ends a key time pivot on my chart hence will really pay attention to what happens today .
3. Overall I’m bullish and still holding my position from 9500. Will be closing this trade today or possible hold it further depending on VPA
Resistance ahead : 9680 , 9750 , 9840 , 10 060 , 10185 , 10400
Supports : 9500 , 9350 , 9140 , 8850 , 8720
Show some love by hitting the like bottoms and engage with me in the comment session . What you like.
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