Analysis of BTC 17-22 of August

1D:

Price created more liquidity pools, on 1D time frame was created OB. I consider it is block from sell side to make impossible movement up. Also this 1D OB is on OTE zone, possible to see strong move from it. I see only two possible scenario, first is go up and create BMS to make valid liquidity/sell stops above after go dawn. Second, going dawn without BMS. And more, during price is being above the range a lot of liquidity was taken, as result below there is more liquidity.

SPX and GOLD with which BTC having correlation: spx, I think will create BMS and then go dawn, it connects with one two scenarios of BTC; gold created BMS during strong movement up it leave lots of liquidity, I think price will take by movement dawn.

4H:

On 4h I see one opportunity to go scalp long. There are 4h-1h OB, boarder of the local range and all this are in OTE zone. Also near in 4h imb, planing R:R - 1:5.

1H:

1H represents the same picture what we have on 4H.