BTCUSD: Same Setup is Happening Over and Over Again!

When it comes to trading in the crypto industry, focusing on technical and statistical analysis can be key to make decisions before getting your entry.

By relying on the what's being shown to you on charts rather than speculation, you can identify recurring models and setups in the market.

Consistently sticking to your trading strategy can easily help you filter out the noise of Fear, Uncertainty, and Doubt (FUD), especially in volatile markets like crypto where emotions can run high.

Let's have a quick outlook of the potential next move of BTC in the coming days on 12H timeframe.


12H:

Comment:

Make sure to checkout the same setup previously posted.
While the market was all red and in FUD I was expecting for price to continue bullish and it did, Only because I sticked to my EDGE.

Comment:

X1/4H broke up, valid setup for entry

Comment:

Price failed to hold bullish within the X1/4H, came for deeper mitigation into the X2/12H zone

Expecting for price to continue bullish

Trade closed: stop reached:

Price failed to remain bullish short-term (on hourly timeframes) , and instead broke bearish.