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AlkalineFX
Dec 28, 2021 1:33 PM

BTCUSD: Best Buy Setup Long

BTCUSDT SPOTBybit

Description

Trading this setup promotes logic.

The equal high false breakout lured buyers in with stops below the most recent structure.

Now that they have been stopped out of the market, we can look to join the buyers and the four-hour demand region.

Beware of the remaining imbalance when selecting your SL.

I won't be making a trade until we have had clear compression of the demand and some liquidity hunting.

Good luck Crypto Gang!

Comment

Liquidity grab complete buys can now be considered.
Comments
UnitedSignals
Great outlook!
AlkalineFX
@UnitedSignals, Cheers brother!
AtlasTrades
exceptional BTC/USD analysis, thanks brother, I think up
AlkalineFX
@AtlasTrades, Nice one!
VasilyTrader
Good luck!
AlkalineFX
@VasilyTrader, Cheers boss!
mohsenaminii
AlkalineFX
@mohsenaminii, Yes! This is value!
mohsenaminii
Good
AlkalineFX
@mohsenaminii, Nice one bro!
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