Beyond Technical Analysis
Simple Bitcoin Comparison to last breakout shows us...Patterns are everything in the market. When we're given the patterns ahead of time by analyzing previous price action, we can know what to look out for in order to catch the breakotus before they happen.
For us, on bitcoin, we know we have this red algorithm that needs to prove itself before breakouts. We can see that similar to last breakout, we're approaching that tapering algorithm on the sell-side in addition to our buying continuation orange & green. Strong likelihood of a bounce here and at least a retest of purple if not an ultimate HTF breakout.
Happy Trading :)
Trade plan for tomorrow. BNAKNIFTY important/Intraday levels.Trade plan for tomorrow. BNAKNIFTY important/Intraday levels.
No Price Action
No Support and Resistance
No Indicators
No Moving Averages
Not Gann levels These levels are purely based on mathematics.
If it is useful please leave your comment
Trade Like A Sniper - Episode 51 - JPYTHB - (25th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing JPYTHB, starting from the 2-Month chart.
If you want to learn more, check out my profile.
BTCUSD Beginning Of The Week Top-Down AnalysisIn this video I talk about my current live trades, & trades that came short of my re-entries. Of course I give a deep dive into Technicals & what Price is doing so we know what Price is going to do. Tap In!!!! Nomore being wrong!
_SnipeGoat_
_TheeCandleReadingGURU_
#Like #Share #Subscribe #PriceAction #MarketStructure #TechnicalAnalysis #Bearish #Bullish #Bitcoin #Crypto #BTCUSD #Forex #DayTrader #SwingTrader #PositionalTrader
Here's why I think we're approaching a BUY point on EthereumIf we see the necessary signs of tapering in teal, we will have our first confirmation of a breakout. We then need to see yellow buying continuation or green activated with a stronger orange to guide us up.
We want to be in this before the breakout happens because as we know, it usually happens too fast.
Happy Trading :)
Simple and Accurate Forex Trade Model - Find this on any chart!This is the very basic of what I do. Identify HTF tapering, wait for a buying continuation algorithm to prove control, enter on confirmation.
We now have our targets in place based on our control algorithms (green and yellow) and will take profits based off those as price develops.
Happy Trading :)
xrpusdt still bearish The XRPUSDT chart continues to exhibit a bearish trend as we approach the monthly candle close with six days remaining. Currently trading near the $0.41-$0.43 zone, a close below this critical support level could signal further downside movement. If the price fails to hold above this threshold, the next significant support lies around $0.29. In such uncertain market conditions, it is crucial to remain patient and observe the market dynamics rather than letting emotions drive decisions. Avoiding the "moonboy" mentality, we must rely on technical analysis and be prepared for potential further declines.
SQ - Looking for continued confirmations after our entryWe entered last week on my Entry Model 1 which was based off HTF sell-side tapering and a proof of that tapering by disproving our stronger selling algo (yellow). Once we did that, we confirmed the tapering algo and is why we're seeing the gap up after Friday's breakout.
Definitely time before we make our HTF breakout but we are now beginning the progression process on the HTF
Happy Trading :)
$BTC Bitcoin has established a Range!$Bitcoin price action has established a range!
Current price: 61300
Previously CRYPTOCAP:BTC continued to find rejection around the 71500 resistance and also established support around the 60600 area.
It is fair to state that Bitcoin's established RANGE lies between 60600 - 71500
For alts to rise to better prices, bitcoin needs to remain in this range!
Worst case scenario, Bitcoin loses the range and seeks lower supports down to 49,700
Which direction do you think #btc will go?
Setup Sunday 23-06Hello Traders!
Amazing week last week, we've made 10,08% profit in only 1 week!
One of the best this year.
I do expect that next week will be a bit calmer, but I'll keep you posted on this.
See why in this video where I'm showing you all my setups for the next week.
Good luck everyone!
Happy trading! :)