As we can see : - BTC is now trending above the support zone - our indicator shows that there is a opportunity for BTC to being range - also there is 2 important liquidity pool ( located in chart with LP ) - there is multiple shadows at support zone - broke above descending line ( mentioned in chart with blue color ) - BTC expiry is at 16:00 UTC
BTC have to take some range movements above support line !
Also most of opened positions are SHORT so after expiry we have to see the growth from BTC.
But the main idea is about GOLD !
Now GOLD trading near one of the important support but its still bearish, If BTC don't follow GOLD then we can see some great upward movements from BTC.
Attention : this is not a financial advise we just try to help people on their own vision.
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