🤖 Bot alert - #BTC cross 1H 20sma

Not a signal, DYOR!

📉 Bitcoin Daily 📈

BTC crossed all the highs left from 7 months consolidation and didn't reach ATH by tiny 0.3% 👌🏼 That will be very cruel, if BTC won't get there before any sort of pullback move. Seems impossible now. But on the other hand, isn't that what market supposed to do - crash majority's expectations? But....

Respect the momentum. Day candle closed bullish and gained enough momentum to push BTC price higher. Sure, that can be a local top, but to say that we should wait for that momentum to slow down which will result in doji/red candles on daily. But while we have strong bullish candles only, no sense in looking for the top.

The only thing that gives me cautious vibes is that Thursday will be the last day of this month and so Friday opens new month candle. I expect November to continue bullish momentum started in October, but before growing to 80-100k, BTC can dip to create a tiny small buy tail down to 69-70.5k

P.S. There is also a 1H CME gap at 67435-68185 - I don't usually zoom in that far, ignoring all gaps below Daily. But nevertheless worth mentioning.

Nearest liquidity pools:
above - 73252 / 73785 / ATH
below - 71652 / 71180 / 70467 / 69756

Lines on the chart:
🔸73881 - March high (ATH)
🔸72890 - April high
🔸72144 - June high
🔸70081 - July high
🔸68392 - dev Year VWAP VAH
🔸66450 - September high

Trend: D 🔼 W ▶️ M ▶️

🤑 F&G: 77 < 72 < 72 < 74 < 72

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@WiseAnalyze #BTC #Bitcoin #important #ta

📉 Bitcoin Daily 📈

Last day of the moth 🔥 So far October candle looks very bullish above March close (71363) - if close same way, breakout in November is inevitable. For that scenario the only thing we are interested in is where BTC can dip before that breakout.

To find that zone for potential dip put Fib retracement tool from month open to close and mark yourself an area in between 0.618 and 0.786 - that will be your bullish target zone. Sure it can continue without creating a buy tail (like it was in spring 2019) or dip lower to 0.5 of body candle. TA is not a precise science, as too many factors influence price movement. But some some techniques work more often than not 😉

Following above trick, we may assume that BTC can create buy tail within wide range from 67800 to 70400. That is maximum my crystal ball can tell at the moment. I prefer to wait till month close before making more precise predictions 🙏🏼

P.S. There is a 1H CME gap at 67435-68185 - I usually ignore all gaps below Daily, but nevertheless worth mentioning, especially since it correlates with potential dip range.

Nearest liquidity pools:
above - 73108 / 73597 / ATH
below - 71424 / 71150 / 70444 / 69756

Lines on the chart:
🔸73881 - March high (ATH)
🔸72890 - April high
🔸72144 - June high
🔸70081 - July high
🔸68392 - dev Year VWAP VAH
🔸66450 - September high

Trend: D 🔼 W ▶️ M ▶️

🤑 F&G: 77 < 77 < 72 < 72 < 74

Useful links: Alts Watchlist | Forex | Twitter | Instagram | YouTube

Support this channel - sign up to BingX exchange with 20% discount on fees. Trade Crypto, Forex and Commodities all in one place 🔥

@WiseAnalyze #BTC #Bitcoin #important #ta

🤖 Bot alert - #BTC cross 4H 20sma

Not a signal, DYOR!