🧡 #BTCUSDT | 4 HOUR TIMEFRAME UPDATE
#BTCUSDT | 4 HOUR TIMEFRAME UPDATE
First, we can expect the price to rise above $48,200 and after that, we can look for confirmation at the zone of $48,575 - $49,800 to open a SHORT position.✔️
The target of this Downward movement is to reach $44,300 - $43,000 - $42,100 - $41,100 - $39,800 - $38,300 📉
First, we can expect the price to rise above $48,200 and after that, we can look for confirmation at the zone of $48,575 - $49,800 to open a SHORT position.✔️
The target of this Downward movement is to reach $44,300 - $43,000 - $42,100 - $41,100 - $39,800 - $38,300 📉
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If you have any long positions on altcoins or if you have bought them in the spot market, it's better to book most of the profits here and transfer the stop-loss to the area in profit! ✔️
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After the price rises above $48,200, do not rush into the short position, just be patient and look for the confirmation and after you get the confirmation you can enter the short position.
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#Bitcoin dumped based on the plan.
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#BTCUSDT | WEEKLY TIMEFRAME ANALYSIS
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#Bitcoin dumped more than more than 9.12% based on our analysis so far!
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The first target was achieved at $44,300 ✅
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The third target was achieved at $42,100 ✅
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This analysis was based on the Monthly and Weekly charts.✔️
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#BTCUSDT | MONTHLY TIMEFRAME
I am going to start with the monthly chart.
What should we look on the monthly time frame? 🤔
First, we have to find the nearest FVG (fair value gap) and order block on the monthly chart.
The nearest FVG to us is located between $48,185 and $53,122. Also, we have this big white Bearish Order Block that you can see on the chart.
I am going to start with the monthly chart.
What should we look on the monthly time frame? 🤔
First, we have to find the nearest FVG (fair value gap) and order block on the monthly chart.
The nearest FVG to us is located between $48,185 and $53,122. Also, we have this big white Bearish Order Block that you can see on the chart.
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#BTCUSDT | WEEKLY TIMEFRAME
We will now move on to the Weekly chart.
As you can see on the Weekly chart, we have an old high at $48,185. What is above this old high? Buy-side liquidity. It means that most of the traders have placed their stop losses above this high, and we can expect the price to go above this high and sweep all the liquidity above this area.
Also, we have a white bearish candle that you can see on the chart.
After the price goes above the buy-side liquidity, we have to look for confirmation or a Market Structure Shift (MSS) on lower time frames.
We will now move on to the Weekly chart.
As you can see on the Weekly chart, we have an old high at $48,185. What is above this old high? Buy-side liquidity. It means that most of the traders have placed their stop losses above this high, and we can expect the price to go above this high and sweep all the liquidity above this area.
Also, we have a white bearish candle that you can see on the chart.
After the price goes above the buy-side liquidity, we have to look for confirmation or a Market Structure Shift (MSS) on lower time frames.
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Also, you may ask how you choose the targets for this downward movement?
The target for this downward movement will be the old low at $40,131 and the FVG in the range of $40,000 to $38,435.
The target for this downward movement will be the old low at $40,131 and the FVG in the range of $40,000 to $38,435.
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#BTCUSDT | 4 HOUR TIMEFRAME UPDATE
The priority remains bearish. If the price comes to the zone of $44,100 - $45,500, I will look for confirmation to open a SHORT position.
Once the price reaches the zone that I mentioned, I'll give you the targets. ✔️
Invalidation above $49,050
The priority remains bearish. If the price comes to the zone of $44,100 - $45,500, I will look for confirmation to open a SHORT position.
Once the price reaches the zone that I mentioned, I'll give you the targets. ✔️
Invalidation above $49,050
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#BTCUSDT | 4-HOUR TIMEFRAME UPDATE
#BTCUSDT pumped more than 14.52% based on analysis and reached our THIRD target! 🔥
Hope you guys made a nice profit too! 💓
#BTCUSDT pumped more than 14.52% based on analysis and reached our THIRD target! 🔥
Hope you guys made a nice profit too! 💓
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#BTCUSDT | 4-HOUR TIMEFRAME UPDATE
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#BTCUSDT | 1 HOUR TIMEFRAME UPDATE
The priority is still bearish and we can look for confirmation to open a short position in the range of $41,620 - $ 42,350.
The target for this downward movement is to reach $40,960 - $40,200 - $39,500 - $38,750 🔽
Invalidation above $43,600
The priority is still bearish and we can look for confirmation to open a short position in the range of $41,620 - $ 42,350.
The target for this downward movement is to reach $40,960 - $40,200 - $39,500 - $38,750 🔽
Invalidation above $43,600
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#BTCUSDT | 1 HOUR TIMEFRAME UPDATE
The plan is still the same and nothing has been changed. I'm still bearish and we can expect the price to rise above the previous day high and then drop.
The target for this downward movement is to reach $40,960 - $40,200 - $39,500 - $38,750
Invalidation above $43,600
The plan is still the same and nothing has been changed. I'm still bearish and we can expect the price to rise above the previous day high and then drop.
The target for this downward movement is to reach $40,960 - $40,200 - $39,500 - $38,750
Invalidation above $43,600
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#BTCUSDT | 1 HOUR TIMEFRAME UPDATE
#BTCUSDT dumped more than 2.81% without leverage based on analysis and has reached our FIRST target so far! 🤘
Hope you guys made a nice profit too! 💲
#BTCUSDT dumped more than 2.81% without leverage based on analysis and has reached our FIRST target so far! 🤘
Hope you guys made a nice profit too! 💲
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The next target for #BTCUSDT is $40,000.
Trade closed: target reached:
Hope you guys made a nice profit too! 💲
t.me/mrsignalll