By night, the $BTC market has not exited the struggle for the upper zones, and by morning this shifts the focus to whether the price can push through the areas above it today.
Right now the price is around 65999.99, +0.372% over the day.
Intraday range: 65634-66956.15.
What changed in the dynamics:
— the price is within the zone containing POI 65944.51-66298.584 — the current reaction zone;
— above the current price there is a bearish FVG 66358-66462.32 — a pressure zone, not support, because the price is currently below it;
— above the current price there is a bullish FVG 66640-66648.27 — a pressure zone, not support, because the price is currently below it;
— below the current price there is a bearish OB-zone 64273.33-65068 — a reaction zone below the price;
For today, this provides the following context:
long scenario — 65%;
short scenario — 24%.
This is not a trade probability, but an assessment of the context.
Key observation for the day:
if the price holds the reaction near the 66640-66648.27 area, the long context will keep the advantage. If the area is lost, the scenario will weaken.
This is a scenarios map, not a trading instruction.
$BTC #Crypto #BinanceSquare #Trading
Chart and order book — click on $BTC .
Not investment advice.
Right now the price is around 65999.99, +0.372% over the day.
Intraday range: 65634-66956.15.
What changed in the dynamics:
— the price is within the zone containing POI 65944.51-66298.584 — the current reaction zone;
— above the current price there is a bearish FVG 66358-66462.32 — a pressure zone, not support, because the price is currently below it;
— above the current price there is a bullish FVG 66640-66648.27 — a pressure zone, not support, because the price is currently below it;
— below the current price there is a bearish OB-zone 64273.33-65068 — a reaction zone below the price;
For today, this provides the following context:
long scenario — 65%;
short scenario — 24%.
This is not a trade probability, but an assessment of the context.
Key observation for the day:
if the price holds the reaction near the 66640-66648.27 area, the long context will keep the advantage. If the area is lost, the scenario will weaken.
This is a scenarios map, not a trading instruction.
$BTC #Crypto #BinanceSquare #Trading
Chart and order book — click on $BTC .
Not investment advice.