BTC META ANALYSIS 19/07 100X SCALP
Good Day Traders,
Reporting again from konoha,
On the higher timeframes we can see that:
1. BTC has broke its 4HR and daily down trend that has been holding btc down this far. There is only weekly trend left to be closed in 5 days. If it closed good above the trend then most likely the bull is here.
2. Todays move is held strong by 1Hr origin lv (GREEN) and 4HR trendline (Blue) and until it breaks, btc will keep on laddering up.
3. The last ladder up for btc is the 4 hr hold lv at 41456 (Blue line) which has been holding the move for 9 hrs+
4. On the downtrend, btc has been also following 4 hr downtrend, which is a good pullback if it wants to continue going up.
Smaller timeframes:
1. Currently Btc bouncing off its 15 min hold lv. however, this might be temporary as the true hold lv is on the greediest 1 hr hold.
Possibilities for today:
1. BTC have high possibility to retest its 4 hr trend holding before moving up more.
Trading posibilities:
1. Scalp trading recommended before btc entering 4hr trend hold lv.
EXP: (yellow line) the greediest 5 min hold lv is suitable for long scalping.
Ill keep on posted on other trading ideas.
AS ALWAYS
This is purely my analysis, nobody else. and this is not a financial advice.
Trade carefully, manage your risk and expectations.
May you have any questions or comments, put it down bellow i will reply :)
Life is too short to live in fear,
BTCUSDT.P
BTCUSDT.P
Goodluck Traders.
Reporting again from konoha,
On the higher timeframes we can see that:
1. BTC has broke its 4HR and daily down trend that has been holding btc down this far. There is only weekly trend left to be closed in 5 days. If it closed good above the trend then most likely the bull is here.
2. Todays move is held strong by 1Hr origin lv (GREEN) and 4HR trendline (Blue) and until it breaks, btc will keep on laddering up.
3. The last ladder up for btc is the 4 hr hold lv at 41456 (Blue line) which has been holding the move for 9 hrs+
4. On the downtrend, btc has been also following 4 hr downtrend, which is a good pullback if it wants to continue going up.
Smaller timeframes:
1. Currently Btc bouncing off its 15 min hold lv. however, this might be temporary as the true hold lv is on the greediest 1 hr hold.
Possibilities for today:
1. BTC have high possibility to retest its 4 hr trend holding before moving up more.
Trading posibilities:
1. Scalp trading recommended before btc entering 4hr trend hold lv.
EXP: (yellow line) the greediest 5 min hold lv is suitable for long scalping.
Ill keep on posted on other trading ideas.
AS ALWAYS
This is purely my analysis, nobody else. and this is not a financial advice.
Trade carefully, manage your risk and expectations.
May you have any questions or comments, put it down bellow i will reply :)
Life is too short to live in fear,
BTCUSDT.P
BTCUSDT.P
Goodluck Traders.