hello guys hope you all are good , i'm here with another idea .
im going to tell you what is going on and what is possible to happen remember these are not financial advice and please follow and support me if you like my ideas . and you can also check my previous ideas for better vision .
-so we had 2 week that was very important in my opinion . if you check my previouses ideas you can find out that we were in a box , and in an accumulation zone also , that was very sensitive position . you ask why ? here is why :
-because if you check the chart we have a very important price and support in 21330 and 21111 level that if we broke it maybe we could see lower level because of fomo and peoples feeling . but Fortunately it was a fake break out as you can see in the chart .
-and after that we make a double bottom pattern that you can also see it in 21580 level and we get back into our famous box (that you can check out in my previous idea) .
-and now as you can see , we broke our resistance(24000) in 4H time frame , remember we need a daily confirmation , and after that we can assume that we broke the top of our box (accumulation zone) , although we have 252000 resistance that can make our box bigger or break it with an sharp movement that some how depends on the news that we have today (ppi) in my opinion
-in this scenario we have a fvg zone (25200 28600 ) that i pointed at it and you can see it in the chart (and also you cam check out my previous idea so you can get it better) , that its very important for the future price of btc and we can make a strong resistance for the future and stay there for a while.
-also we have 3 more days for weekly candle and if we close this candle in this price and maybe higher price we can see a weekly pullback pattern to 21330
* i update my ideas so stay tuned . thank you for watching my ideas . if you like you can follow and support my ideas
stay safe and have a good trade