Hi everyone

right now price is moving into the liquidity area I mentioned before

why liquidity area?… see chart below and my last publish on BTC .

at the moment we have two important support and resistant levels

our support level is 38000$, if the price close below this level can drop

to 36K and 34K.

on the other hand if the price could manage to close above 40K resistant level

then we can expect our next resistant levels around 43K and 46K will hit.

SO…

….for the bull scenario our key level would be 40K

….for the bear scenario our key level would be 38K

also fake break out is possible for both side and at this case price will keep on consolidation.

Enjoy the market