My analysis is based off of market structure and the direction of price. First I checked the daily TF to see where price currently sits and the direction it is going. Then I checked the 4H TF for confluence. Once I established the direction of the market I then used the Fibonacci tool to measure price action. Based on market structure and technical analysis , I...
My analysis is based off of market structure and the direction of price. First I checked the daily TF to see where price currently sits and the direction it is going. Then I checked the 4H TF for confluence. Once I established the direction of the market I then used the Fibonacci tool to measure price action. Based on market structure and technical analysis, I see...
When you look on the weekly, daily, 4H, 3H, 2H, 1H and lower time frames, price is below the 50 EMA. Hence the reason for my analysis after throwing a fib on the master candle.
I see Bitcoin still falling. With the possible war news happening and just the way Bitcoin has been in an overall downtrend on the Daily, Weekly, and Monthly charts here is what I see. IF you follow me and you took my sell signal parameters last week. You would have hit all TPs during the week. My trades are usually swing trades which require patience because you...
Based on market structure and the way price is moving, it appears BTC is still bearish. I can see this selling as far as apx 29185 area. I set a buy limit with a small lot just to "see somethin'."
