As we can see :
- BTC is now trending above the support zone
- our indicator shows that there is a opportunity for BTC to being range
- also there is 2 important liquidity pool ( located in chart with LP )
- there is multiple shadows at support zone
- broke above descending line ( mentioned in chart with blue color )
- BTC expiry is at 16:00 UTC
BTC have to take some range movements above support line !
Also most of opened positions are SHORT so after expiry we have to see the growth from BTC.
But the main idea is about GOLD !
Now GOLD trading near one of the important support but its still bearish,
If BTC don't follow GOLD then we can see some great upward movements from BTC.
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades