BTC Daily update Sep. 27, 2022

in hive-146573 •  2 years ago 

Hello everyone! I just got back in town and ready for some trading. We are still in the same range, bouncing between a couple daily levels. I am expecting a liquidity grab to take out the short positions before moving down again. Of course, this is just my opinion and does not need to happen, it could just keep going up or pivot down now that we are at the range top. But, as you can see from my post the other on the 23rd, I have been waiting for the liquidity grab level. The BTC price action is almost to the level. I will wait patiently until the level is reached and see what kind of reaction there is.
As you can see in the chart below, I did move my 'sell' zone up a little bit from 20,750 to 21,300. This allows for the price to hit the Fibonacci .618 retracement level.

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Short and to the point today. I hope everyone has a great day of trading!
KryptoKino, over and out!

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