Previous idea played out. The last candle showed strong volume and a wick to the upside, signaling some liquidity has been taken.
From here, I expect either a minor high above that wick or a correction down to the 0.618 area, then continuation of the bullish move towards the yellow liquidity block.
If price breaks below recent lows, the 106,300 level has proven itself as solid support—buyers have stepped in there twice with strong volume, so I’m not expecting it to give way easily.
Overall, I anticipate another push up to collect liquidity above and will reassess once price reaches the upper range.
Watching price action closely for confirmation.
#BTC #Crypto #Trading #Ichimoku #Riscora
From here, I expect either a minor high above that wick or a correction down to the 0.618 area, then continuation of the bullish move towards the yellow liquidity block.
If price breaks below recent lows, the 106,300 level has proven itself as solid support—buyers have stepped in there twice with strong volume, so I’m not expecting it to give way easily.
Overall, I anticipate another push up to collect liquidity above and will reassess once price reaches the upper range.
Watching price action closely for confirmation.
#BTC #Crypto #Trading #Ichimoku #Riscora
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.