TradingView
zartraderguy
Jul 26, 2022 8:00 AM

BTC Changed Market Structure- We're Back into the previous Range 

Description

BINANCE:BTCUSDTINDEX:BTCUSDBYBIT:BTCUSD

We were making higher highs and higher lows on the Bitcoin chart, but we have lost that bullish market structure, bringing price back into the previous range that we were in since the 11th of June 2022.

We are in a fib golden pocket reversal area, but I don't trust this bounce and I explain why in the video.

My plan is to wait for higher or lower before getting in to a trade and I show you which levels I'm waiting for.

Long, Short, it doesn't matter. What matters is that we're making money off both sides!

Not Financial Advice. DYOR. Papertrade before trading with real money.

If you liked this idea, please give it a thumbs up and follow. Comment on how you are trading BTC right now.
Safe trading!
Shawn
Comments
More