$BTC VIP Analysis
JULY 23th, 2024
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BIAS:
Mid-Term: BULLISH
Short-Term: BEARISH
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The price action of $BTC on the H4 timeframe is successfully heading towards filling its FVG gap level, marked between $66,276 to $65,154.
The price action is still respecting its support trendline level.
We can expect a consolidation phase in that region, with potential ups and downs. 📈📉
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MAIN INTEREST LEVELS
⬇️SHORT⬇️
$66,276
⬆️LONG⬆️
$66,679
PREDICTED DAILY RANGE
$64,325 to $70,031
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VIP ACTION PLAN
The price action has played out its rising wedge pattern, leading to a consolidation phase. For further downward movements, the price action needs to break down its support region level. 📉
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Yours truly,
Team CK