BallerTrader

#bitcoin Mid Week Review: ICT Orderblocks, Equilibrium, and more

BITFINEX:BTCUSD   Bitcoin / Dollar
433 3 8
So... On Monday I made a video forecast for the coming week. We discussed a lot of cool stuff, that honestly you won't hear anywhere else. So first off check out this video to see how precise the concepts worked for us

https://www.youtube.com/watch?v=ok_SLDU2f4g

ICT Orderblocks
In the video we discussed orderblocks, taught by Inner Circle Trader. The concept behind them is that 1. smart money is the force that moves markets 2. smart money sells into buying. Therefore, a bearish orderblock is a green candle (smart money sells into buying) that sees an immediate, violent movement down ward. In the video we go through this more. But I have illustrated that black line to show the precision of this concepts. The forces that move the market were active at this level and it shows.

Equilibrium
The fib illustrates our equilibrium concept. This is hard to explain in text, so just watch the video. No one else will show you this stuff.

Ballers Fair Value
So, ballers do not overpay for bitcoins . We have some measure of what fair value is. In the video, I show how awesome the 14day MA is, the times its most effective, and how to use it. We used equilibrium to indicate that we were very extended for this surge up. At the same time, we were moving further away from fair value as defined by our 14 day MA.

Due to all these factors, We should be looking to buy only when price gets back to fair value.

If this intrigues you, subscribe for more. There's just no one talking about any of this stuff, and this is how to crush the market. And this is only like 10% of my stuff. I could make a video every day for a month and still have more to say about the bitcoin market. SRS.

https://twitter.com/BallerTrader
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undathawetha
2 years ago
Nice work
Reply
Schokobaer
2 years ago
Nice analysis as always baller. How do you draw this Equilibrium line? With normal brush? Thanks.
Reply
BallerTrader Schokobaer
2 years ago
its in the brush tools, but its on the bottom. the arc tool
+1 Reply
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