Today I evaluate that Bitcoin will sweep liquidity in the range of 74-76k, which is also a strong resistance area and could trigger a short squeeze. Looking at the chart below, you will see.
According to my analysis: After a significant drop, it has been sideways in the 6x range, and with a notably higher and thicker volume, this could be the bottom for Bitcoin this year
$BTC . If Bitcoin can make a strong move up to the 76k range, that confirms the bottom formation. One more thing that gives me confidence is that there is a very thick liquidity around the 74k9 range; there could be many short SL orders placed above this area, which could trigger a Short Squeeze and simultaneously confirm the bottom formation and reversal signal. This is also a scenario worth betting on, right? Now I have 3 orders as above, I will set a positive SL with 2 orders
$APT ,
$WLD D below a good Demand area to protect my SL, while for the current COOKIE order, I haven't found a suitable SL point and need to observe more. After that, I will bet on that scenario, one is I will have 3 very nice swing trade orders, and two is... regret. Hmm, with this opportunity cost, given my personality, I will definitely be willing to take the risk, hoping for luck on this deal ๐๐๐
#GoodLuck #CreatorpadVN #MakeMoneyWithNadom