BTCUSD analysis
According to the volume analysis of the Nikki algorithm, we expect a further uptrend. On the price chart, we can see that the price has successfully overcome 3 levels of accumulated liquidity (25863.39, 25755.37, 25855.56).
In the current situation, we assume that the price of Bitcoin will go higher after breaking through the levels of 25939.53 and 25987.35.
In case of a decrease in the price of the asset, the algorithm will consider an increase in a long position about the level of 25755.37 and 25863.39
Please note that such analysis should not be considered as trading advice. This article is for informational purposes only and shows the logic of Nikki's AI financial market analysis and does not encourage you to trade based on this data. The FOMOdrive administration is not responsible for possible losses on our trading account.
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by Bryan
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