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Technical analysis by HexCapital about Symbol BTC on 8/8/2023

https://sahmeto.com/message/3345913
HexCapital
HexCapital
Rank: 12295
1.5
،Technical،HexCapital

Hello Everyone, This idea is based on one of possible probability of Quarterly PO3. -July Month the price did the consolidation which can be considered as Accumulation. -July Last Week and August 1st Week Gave a downside move to the Weekly FVG & Weekly Inverse FVG which can be considered as Manipulation. - Now the Price is picking up momentum on Lower timeframe and trying to breakout from the trendline resistance. If Price gives a good move this week I'm expecting that the Distribution have started and target will be July Highs and it can move further up towards Weekly & Monthly FVG.

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Signal Type: Neutral
Time Frame:
4 hours
Price at Publish Time:
$29,458.25
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