OkayTrev

BTCUSD DEEP CRAB REVERSAL TO 51K+

Long
BITSTAMP:BTCUSD   Bitcoin
BTCUSD 1HR DEEP CRAB TYPE.2 , 1HR BAT TYPE.2

  • BTCUSD has returned back in the reversal Deep Crab 1.618 Fibonacci range around 46.5k. Price has also created a BAT that had a smaller reaction.
  • Looking for price to push lower towards 45800 and hit the HOP level. Possible Bullish reversal opportunities from there. There is also HSI signaling lower towards 45k as well.
  • It will be interesting to see how long the price for BTC holds here around these areas. Using momentum from the September monthly open, price could stall out or range to new highs.

My style of trading focuses on flowing with the Harmonic Market Structure price reveals. Price Action, Fibonacci, Wave Sequences, Moving Averages, and a mixture of Multi Time Frame Confluence. Most importantly the visual realization of emotions cycled into the chart.
As always THANK YOU and if you found this video helpful, please let me know by hitting that like button and/or leaving me a comment below.
Also, feel free to share your opinion on this setup or other setups that you have. The more ideas we can generate together , the more informative these ideas become for newer traders. STAY PATIENT & STAY BLESSED!
~T$

BTCUSD

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