Is BTCUSD low at 25350 going to hold this time?(2)

We had previously entered this trade on 4h confirmation bar and it went onto confirm the bottom on the daily timframe. However, the daily bottom did not hold to go onto confirm as a weekly bottom. We will wait for another potential bottom with volume backing the move before taking a trade. Key price structural level to look out for is 24756 as in the image.

To understand our ideas and videos better,we highly recommend watching our following stream videos:

1.Trader Starter Pack 5 day video course
Look on our channel profile or at our signature section to access it
2.7 steps to achieve consistent trading performance
tradingview.com/streams/CYoTRc9HCd
3.7 steps for strategy construction
tradingview.com/streams/uVszSV1Eyv

Previous reference image
snapshot
cryptotradingEconomic CycleslearntradinglivetradingMultiple Time Frame AnalysisopenequitypositiontradingpriceactionsmartmoneyindicatortimeframecorrelationtradingstrategiesTrend Analysis

Trader Starter Pack (5-day video course): masterthemarkets1.ontraport.com/tl/128
To book a 1-1 session with our trader coaches: masterthemarkets1.ontraport.com/tl/129
To find out more about Smart Money indicator: bit.ly/3OF5r5N
Also on:

Related publications

Disclaimer