Bitcoin / USDT Long Idea & Analysis
Updated
Based on the current chart & time frame, I have marked the chart with graphical represented reasons.
All the marking on chart is based on Order Flow analysis.
I have marked Imbalance area where buyers (Demand) are stepping in.
I have marked area where sellers (Supply) is Decreasing. (sellers are being exhaust)
Based on Effort & Result Theory, I have marked the up waves where buyers a moving the market with very less effort but vice versa sellers are putting more effort
than buyers & are getting no or less results.
According to the above mentioned analysis, My Idea is that price of BTC USDT pair can move up, toward the marked area.
(Its not a financial advice or trading signal, its just my analysis based on my strategy)
All the marking on chart is based on Order Flow analysis.
I have marked Imbalance area where buyers (Demand) are stepping in.
I have marked area where sellers (Supply) is Decreasing. (sellers are being exhaust)
Based on Effort & Result Theory, I have marked the up waves where buyers a moving the market with very less effort but vice versa sellers are putting more effort
than buyers & are getting no or less results.
According to the above mentioned analysis, My Idea is that price of BTC USDT pair can move up, toward the marked area.
(Its not a financial advice or trading signal, its just my analysis based on my strategy)
Note
This Idea is Based on under ''How-To'' category. I tried to express that how to read market based on order flow & imbalance analysis.Trade closed: target reached
Idea Update: Target Perfectly Reached As It Was anticipated.
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