today i expect that btc will keep climbing upsite slowly and with a lot of liqudity grabs, It is good to catch this liqudity grabs and go long there, i will update my idea with a comments when anything change
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preparing short position , let the 30m candle close and we will see what could happen next
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looks like all alts need correction , prepare for high volatile
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entering short position ( although it might be risky trade)
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current price 44780
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alts are starting to bleed, out of nowhere it could be sign of correction, though we see on BTC on every tf green candles soo as i said before short is risky but it can be very profitable, for mine short idea there is few ideas : first whenever the price is steady going up its comfirmed upsite but in this case, we have just huge green candle at 12h tf, i saw a lot of candles like that and it might looks like we are here just for liqudity purposes
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when btc is going upsite steady the begining of uptrend is slow and every next candle is bigger than the last one , on this scenario we are just seeing 1 big candle if it would be to go still up we would see 47k today because next candle need to be bigger than this one ( it is almost impossible because weekly range would be too high)
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important next 30min lets how the price will react here
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good supply reaction here
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soo far gucci short on profit
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okay market structure changed into "long position" we can see spike before we go down, soo its good to catch short at around 45k because for sure we need to go there first
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for sure anything specific wont happen next few houers it will just slowly rise although for longer term (day or few houers looks bearish to me
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its just about catching short as high as possible (45k-45 400) will let you know if something will change
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as i was thinking huge 1h candle to almost 45k , good time to short
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now is high chance for reversal
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price is exactly at 45k 45400 wchich i was mentioning about
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if i am correct we can see up to 43 500 today
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we are under 45k , very good sign
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44850 within minutes
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still everything gucci , volatile is high on 1min candle it went up by 300 and then dumped by 400 xDDDDD but its BTC its totaly normal for me
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almost 500 dolars 15m candle still we are at 45-45400 and still looks bearish its just volatile and the whalles