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Cryptocurrency Trading / Re: ✅ Latest crypto market updates / ideas from different source .
« on: October 28, 2023, 02:06:31 PM »
$BTC VIP Analysis
October 28, 2023
-------------------
BIAS:
Mid-Term: Neutral
Short-Term: Bearish
--------------------
As expected the price action after getting rejected from its Horizontal Resistance level which is marked between the $35,566 - $34,323 level the price action successfully headed downwards and made out of the lower level marked at $33,413 level
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MAIN INTEREST LEVELS
⬇️SHORT⬇️
$33,423
⬆️LONG⬆️
$34,517
PREDICTED DAILY RANGE
$34,517 - $33,423
--------------------
VIP ACTION PLAN
Currently, the price action after fake breaking down its Support level on the H4 timeframe level the price action fills out the imbalance level marked on the H4 timeframe level
We can see the rejection level again from there as the price action consolidates in a compression level
October 28, 2023
-------------------
BIAS:
Mid-Term: Neutral
Short-Term: Bearish
--------------------
As expected the price action after getting rejected from its Horizontal Resistance level which is marked between the $35,566 - $34,323 level the price action successfully headed downwards and made out of the lower level marked at $33,413 level
--------------------
MAIN INTEREST LEVELS
⬇️SHORT⬇️
$33,423
⬆️LONG⬆️
$34,517
PREDICTED DAILY RANGE
$34,517 - $33,423
--------------------
VIP ACTION PLAN
Currently, the price action after fake breaking down its Support level on the H4 timeframe level the price action fills out the imbalance level marked on the H4 timeframe level
We can see the rejection level again from there as the price action consolidates in a compression level