About meI'm a daytrader who trades crypto. I gives no-bullshit, detailed price action analysis. I've recently switched charting platforms to tradingview and have begun publishing many of my ideas publically and hope they may help some you traders.
BTC just closed above 50k on the daily, cementing a bullish continuation. I took a trade on the pullback that came fill the imbalance and am targeting the equilibrium, -1 fib and 55k for about a 11.5RR trade with the stop at the bullish orderblock.
I've been trading this range that btc has been for the past couple weeks.
Until we get a daily close above 50k, I'll be continuing this intraday strategy based on orderblocks and breakers.
Hope this helps any traders who are confused by the market rn.
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BTC still looks to have a bullish bias, and I would enter high RR trades at these entry points, with multiple take profits. If we breakl below 48k, likely moving a bit lower. (this is a daytrade, I still think we are moving too much too fast on the higher timeframes).
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I don't usually share my longer term views on BTC but I decided give you guys a treat today.
BTC has been rallying off the accumulation which I had spotted months ago and volume has reacted just like I had predicted and price already hit my first take profit on spot.
However we've had very little room to breathe with many imbalances being created...
this is an idea I'm submitting for a competition on WABI to see who has the most accurate prediction by Aug 31.
Longer term price prediction on altcoins isn't usually my style but here is what I think:
WABI/BTC will be between 300-400 sats on Aug 31
I expect price to move into the orderblock at around 300sats to begin mitigating some orders....
here's trade I took today:
I took a short on BTC after price reached up to tap the bearish orderblock I had spotted again and confirmed the shift in structure to a downtrend, then I entered om tje 0.705 retrace and aimed for the -1 and took profits at the equilibrium and the bullish orderblock at 40400.
Hey traders, just anted to show you guys a quick trade I took earlier today. After bitcoin had a decent sized retracement I entered a long after spotting an orderblock being formed on the 1min. Open interest also shows that traders had already gotten out and price was ready to move higher. I'm targetting liquidity highs with a take profit at a small mitigation...
BTC bounced off of orderblock we formed earlier today, giving me a nice sniper entry targeting the highs and the previous days liquidity. And even I just noticed, looking at the chart on the 15min,(I sniped the trade on the 5min), we have formed a nice accumulation. I expect BTC to begin rallying into an uptrend for the next couple days.
Give me a...
I just wanted to show you guys a trade I took, to express how I use wyckoff to get trade entries and predict price movement. Obviously I used a lot of other tools (which I won't disclose in my ideas) to get a read on the market in order to trade seemingly50/50 conditions. What is important about any method of analysis is to see it in real time.
I've spotted an accumulation which has formed on BTC which is clear on the 5min. If we break above the breaker block, we will most likely see a run up to 34000. I took a trade on the sniper entry at the lps which traded right into the orderblock.
As always if you found my analysis helpful, please like and follow more detail price breakdowns!
Just a quick update on our BTC short, iif you didn't get in, that's total;ly fine, there will likely be a retracement opportunity to enter, most likely at 34150. There is still a lot of room for BTC to move down and ultimately we want to take out the previous daily low.
As always, if you found this helpful like and follow and check out my YT channel...
I just took some trades on BTC that I wanted to share you guys. I took many intraday scalps today, but couldn't really share them to you guys because the timeframe was too small. However, with this trade, I'm expecting the distribution or reaccumulation that has formed to move lower taking out liquidity before rebound higher, as we've been following...
I just wanted to share a quick trade I just took. I took a short position as price re-entered our shortterm breaker and sniped a 1:15 trade taking most of our profit at the 50% fib and with our final take profit almost at 1:42 ! (Btw I noticed not many of you guys look at my other charts besides BTC and ETH, but I think my other alt coin trades are...
this idea is not going my usual sniper price action breakdown, but it is just an observation I made while looking at the eth chart. The orange line is BTC's price movement, and when we compare it with ETH today, we see that ETH is much weaker than BTC right now, and I suspect this divergence may affect BTC.
As always like and follow for more, and...
I've spotted multiple accumulations on BNB in the past days, but we've looked much worse than BTC (take a look at my latest idea). We've been rejecting the breaker block which will act as our OTE and we really like grabbing the 0.5 fib level which I've annotated using a magnet icon. I expect to take some profits there and then as price hits the golden...
I've spotted Wyckoff accumulation happening on the 5min timeframe and just got decent entry conformation to take a 1:4 R:R trade. We will be targeting the 50% fib of imbalance with a stop at the lps. (you can enter on a this slight pullback). If this plays out as expected then BTC may potential move higher in the short term.
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