Nothing has changed, still waiting to get out sell-side liquidity at $7000. Today we have just rejected at resistance on $7440 level and hourly close below it. Not a good sign.
I would change my "shorting" bias if hourly will close above $7500.
$6700-6900 levels look good as supports.
If you are planning to take swing long in Bitcoin/USD (H1-4 timeframe) here is a strategy.
Wait for the price to be in a range of $6700-6900. I will be looking for longs in this area. If you will be not decisive just wait until price will close hourly above $7500 for your swing long play. This idea will not be valid if we close hourly below swing low ($6600).
If you have any questions regarding my analysis just ask me in comments.
I would change my "shorting" bias if hourly will close above $7500.
$6700-6900 levels look good as supports.
If you are planning to take swing long in Bitcoin/USD (H1-4 timeframe) here is a strategy.
Wait for the price to be in a range of $6700-6900. I will be looking for longs in this area. If you will be not decisive just wait until price will close hourly above $7500 for your swing long play. This idea will not be valid if we close hourly below swing low ($6600).
If you have any questions regarding my analysis just ask me in comments.
Comment:
Sellside liquidity has been taken exactly as we have planned. Check.
Comment:
Swept lows, bullish reaction on LTF. Expecting price $7350 and waiting for reaction if we will reclaim and close above $7350 or reject.
Comment:
Comment:
I do a daily observation of major currencies in forex and crypto. Do not miss any move, high-valued analysis or educational content.
Free Telegram: t.me/ADA_Public
Twitter: twitter.com/trader_ada
__________________________________________________________________________________________________________________
I've been analyzing for some time which exchange/broker is best for trading all-assets (crypto, forex, gold,..).
PrimeXBT (tight spreads, up to 1000x leverage, 24/7 support, lowest fees, no slippages, no overloads, quick withdrawals, No KYC).
go.primexbt.com/click?pid=507&am...
__________________________________________________________________________________________________________________
Free Telegram: t.me/ADA_Public
Twitter: twitter.com/trader_ada
__________________________________________________________________________________________________________________
I've been analyzing for some time which exchange/broker is best for trading all-assets (crypto, forex, gold,..).
PrimeXBT (tight spreads, up to 1000x leverage, 24/7 support, lowest fees, no slippages, no overloads, quick withdrawals, No KYC).
go.primexbt.com/click?pid=507&am...
__________________________________________________________________________________________________________________
Comment:
Sellside liquidity taken as expected and support reached too.
twitter.com/trader_a.../1212785509803724801
"reached my area of interest, before pulling the trigger I will wait for confirmation on M15/30. Price still can visit next support at $6600
The picture is taken from my Tradingview idea (before/after)"
twitter.com/trader_a.../1212785509803724801
"reached my area of interest, before pulling the trigger I will wait for confirmation on M15/30. Price still can visit next support at $6600
The picture is taken from my Tradingview idea (before/after)"
Comment:
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discord.gg/3myy2DB
Please join and enjoy staying there
What is there?
- swings setups + live management of these setups
- weekly reviews
- requests charts for particular coins