Bitcoin Analysis – November 22 | Ready to Build Structure? 🧩📉
Hello to all traders out there! Hope you’re having a great day wherever you are.
As you can see, price refused to drop below the $82K level and is currently in a resting phase.
Also worth noting:
📉 Fear & Greed Index is at 11 — extreme fear.
Now let’s break down the possible scenarios for today:
🟦 Scenario A – Likely Range & Structure Building
One of the most probable scenarios today is a range, something we usually see on Saturdays.
Here’s why:
Price already gave a solid reaction to the $82K level
But volume keeps dropping — naturally, because it’s Saturday
Many traders are waiting for the market to build structure so they can take proper triggers
A ranging market today makes sense, and it can actually be a great time to:
Review your trade journal
Scan for strong potential coins for the upcoming week
⏰ Tip: I recommend checking the chart every 4 hours — especially before the 4H candle closes and during the US session.
🟥 Scenario B – Breakdown & Short Opportunity
Another strong scenario: a drop below $82,200.
This level is a valid short trigger only if broken, but ideally, I want to see one more retest first.
Why?
The market reacted too aggressively to this level earlier — meaning it might not be a “clean” level yet.
A second reaction would confirm it more reliably.
If $82.2K gets retested on the 1H timeframe, I’ll likely take a short with a tight stop.
🟩 Scenario C – Pump Above $86K? Still Not Longing
If price pushes above $86K, I’m still not opening longs.
I want to see buyer strength first.
If buyers lose momentum after the move up, then the first lower high / lower low, or even equal structure on the 1H timeframe, gives me a clean short setup.
In a bearish environment, every new high is a shorting opportunity.
🔚 Final Thoughts
These are today’s scenarios.
And remember:
💡 Risk management, position sizing, and reward-to-risk matter far more than any chart you see online.
Your goal is simple: stay alive long enough to become profitable.
Wishing you all a profitable day!
If you have any thoughts, feel free to share them in the comments. 📩
Hello to all traders out there! Hope you’re having a great day wherever you are.
As you can see, price refused to drop below the $82K level and is currently in a resting phase.
Also worth noting:
📉 Fear & Greed Index is at 11 — extreme fear.
Now let’s break down the possible scenarios for today:
🟦 Scenario A – Likely Range & Structure Building
One of the most probable scenarios today is a range, something we usually see on Saturdays.
Here’s why:
Price already gave a solid reaction to the $82K level
But volume keeps dropping — naturally, because it’s Saturday
Many traders are waiting for the market to build structure so they can take proper triggers
A ranging market today makes sense, and it can actually be a great time to:
Review your trade journal
Scan for strong potential coins for the upcoming week
⏰ Tip: I recommend checking the chart every 4 hours — especially before the 4H candle closes and during the US session.
🟥 Scenario B – Breakdown & Short Opportunity
Another strong scenario: a drop below $82,200.
This level is a valid short trigger only if broken, but ideally, I want to see one more retest first.
Why?
The market reacted too aggressively to this level earlier — meaning it might not be a “clean” level yet.
A second reaction would confirm it more reliably.
If $82.2K gets retested on the 1H timeframe, I’ll likely take a short with a tight stop.
🟩 Scenario C – Pump Above $86K? Still Not Longing
If price pushes above $86K, I’m still not opening longs.
I want to see buyer strength first.
If buyers lose momentum after the move up, then the first lower high / lower low, or even equal structure on the 1H timeframe, gives me a clean short setup.
In a bearish environment, every new high is a shorting opportunity.
🔚 Final Thoughts
These are today’s scenarios.
And remember:
💡 Risk management, position sizing, and reward-to-risk matter far more than any chart you see online.
Your goal is simple: stay alive long enough to become profitable.
Wishing you all a profitable day!
If you have any thoughts, feel free to share them in the comments. 📩
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.