Hello everyone, this is LampTrade!
I suggest zooming out the chart to the daily and looking at the areas of interest where BTC may go in the coming months.
In April, the price made a (ChoCH) and confirmed the upward movement by breaking the structure (BOS), which means that globally the price is in an upward trend that led to ATH on May 21.
The current situation shows that the price has removed liquidity in the POI zone and is currently moving upwards. Above is only the OB zone, from which we can get a reaction or a new ATH.
The price is currently above its volume level POC, and after the liquidity removal, we saw a strong buyer reaction.
From the magnets below, 2 LVN zones, 2 POI zones, and unremoved liquidity at $91,000 - $92,000.
I marked the assumptions for price movement, I don't see any mid-term trades yet, we will watch the reaction from the OB.
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Our scenarios are indicative, so when approaching the zones, assess the situation locally.
What do you think, will we update the ATH or go for a correction?
