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We go over our current price action, recent trades and future trades. Follow for more
Bitcoin's price has descended from a consolidating range and has breached the four-hour structure. This suggests a potential formation of a lower high, paving the way for a probable downturn towards a lower low.
Bear continuation play. We have broken with a counter trend model 1, can we get a deep retracement for more bearish follow-through ? Follow for more
The next play is a retest from our old range / trendline. Lets see if bitcoin gives us an entry. Follow and boost for more
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Eur/USD market analysis and trade plan. Follow and boost for more
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As we gather bullish momentum to challenge the previous swing high, the looming 8-hour supply level poses a potential obstacle. Will Bitcoin encounter resistance here, offering a second entry opportunity to drive prices downward, or will we sustain the upward momentum toward all-time highs? Stay tuned for updates, and follow for more insights.
Watch video for a local breakdown of the EUR/USD price action and our next trade plan. Boost and follow for more
Bitcoin market update 📈 As we approach the range high, will we get a reaction that tags the 8h supply above us? If we do with a bearish change in market structure, I will be in for a short 📉. Otherwise, if we close above, I will be looking to catch the pullback and the mitigation into our old demand range 🔄. Follow and boost for more
Bitcoin market update 📈 As we approach the range high, will we get a reaction that tags the 8h supply above us? If we do with a bearish change in market structure, I will be in for a short 📉. Otherwise, if we close above, I will be looking to catch the pullback and the mitigation into our old demand range 🔄. Follow and boost for more
Trade 1: a sweep of the swing high with bearish flip in market structure Trade 2: if we break our of our range, a potential pullback to zone for mitigation of the old demand range for a long entry Trade 3: If we rally down from here and sweep the liquidity below, I will be watching the $2325 level as my next decisional point No change no trade Boost and...
In the dynamic realm of cryptocurrencies, few events evoke as much intrigue and speculation as the Bitcoin halving. This scheduled occurrence, happening approximately every four years, stands as a cornerstone of Bitcoin's monetary policy. Yet, beneath the surface of anticipation and excitement lies a series of realities every investor should acknowledge. Let's...
As Bitcoin surges beyond its previous all-time high of $69,000, it's imperative to confront the harsh realities at hand. Despite the euphoria of a monthly candle closing above this significant milestone, caution must prevail until we consistently breach the $80,000 mark. Prepare for the potential descent towards the lower end of the range, a plausible scenario...
My next short trade, with confirmations off course, looks like this
Market breakdown of bitcoin. Follow and boost for more
📉 Watching closely as we break support levels on the shorter timeframes within our 30+ day range. If my long position starts to turn bearish, I'll exit. This might signal a downward move to test the range's low. If we manage to close above a critical point, I'll consider reducing risk on my long. However, there are challenges ahead, like encountering resistance...