BTC - Bullish Market Flow Possible

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Price Action

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ملاحظة

Price has broken some M30 resistance. We may test the Supply Zone soon.

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Price seems to be in a really tight range, we could see a strong break out once price started to trend.

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haha top of Supply Zone hit to the PIP. Simple concepts.

Buyer's are in control of price - we are looking to see a break through supply and then a retrace to create a first Higher Low.

Bullish Market Flow.

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ملاحظة

WOW! Crazy candlestick on the 1 Minute timeframe on Bitcoin a few minutes ago! HUGE $100.00 spike to the upside. For BTC, price has broken above a Weekly Trend Line Resistance (not pictured on this chart), so it is in a Buy Zone... where large buy orders could be present.

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Price has Broken above our Supply Zone. It is now a Demand Zone that could be retested in the near future.

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BTC M15 candlestick just printed solidly bullish above previous M15 resistance. (Bullish Engulfing variation). Let's see what happens next, market flow is still bullish.