Hyblock Charts: On the 1-month chart, there’s a notable liquidation area below price between $25,800 and $25,200, with no significant levels above, although I’m keeping an eye on $28,700. The 7-day chart shows a significant level at $26,950 below price, and no yellow zones above yet.
Bitcoin Chart (H12): Reviewing the H12 chart, after touching the hyblock liquidation levels at the beginning of last week, there was a minor selloff followed by a period of sideways movement. Currently, there are liquidations below price, as mentioned earlier, but nothing noteworthy above price. This suggests a potential downward move to clear out the existing liquidity.
Bitcoin Chart (H1): Looking at the H1 chart, following the touch of the hyblock liquidation levels last week, there was a slight selloff. We’ve revisited the lows from Thursday and Friday of the week before breaking above the high marked with the green line (MSB) with displacement. I anticipate a move toward the buy side/ the previous week’s high sometime this week before a definitive direction is established, whether it’s an upward continuation or a reversal towards the lower liquidity.
Weekly updates with all the high-impact data releases.
Welcome to the Sunday Bitcoin & Hyblock Charts.
Hyblock Charts: On the 1-month chart, there’s a notable liquidation area below price between $25,800 and $25,200, with no significant levels above, although I’m keeping an eye on $28,700. The 7-day chart shows a significant level at $26,950 below price, and no yellow zones above yet.
Bitcoin Chart (H12): Reviewing the H12 chart, after touching the hyblock liquidation levels at the beginning of last week, there was a minor selloff followed by a period of sideways movement. Currently, there are liquidations below price, as mentioned earlier, but nothing noteworthy above price. This suggests a potential downward move to clear out the existing liquidity.
Bitcoin Chart (H1): Looking at the H1 chart, following the touch of the hyblock liquidation levels last week, there was a slight selloff. We’ve revisited the lows from Thursday and Friday of the week before breaking above the high marked with the green line (MSB) with displacement. I anticipate a move toward the buy side/ the previous week’s high sometime this week before a definitive direction is established, whether it’s an upward continuation or a reversal towards the lower liquidity.
Weekly updates with all the high-impact data releases.
https://skribr.io/app/news/weekly-trading-news-summary/
Wishing everyone a successful trading week ahead!