Bitcoin's Tight Squeeze: Are We Preparing for a Big Move Up? 🚀Bitcoin (BTC) is experiencing a period of intense consolidation, characterized by narrowing price ranges and increased trading activity. This compression often precedes a significant price movement, and based on the current dynamics, many traders are gearing up for a potential bullish breakout.
Squeeze & Liquidity Sweeps: The Tug of War
In recent market sessions, Bitcoin has been exhibiting a strong squeeze pattern, causing price volatility to contract. Despite this tightening range, there's a noteworthy trend – liquidity sweeps are primarily occurring on the upside. Liquidity sweeps involve large market orders that briefly dip into specific price levels to trigger stop orders or accumulate positions.
What's Ahead: A Retest of the Daily Imbalance
As we navigate this period of compression, many market participants are keeping a close eye on the daily imbalance level around $31,000 - $32,000. The significance of this range lies in the liquidity dynamics. Traders are eyeing a potential retest of this zone, which, if successful, could trigger a renewed bullish momentum.
Trading Strategy: Navigating the Uncertainty
For traders, the current situation is both a challenge and an opportunity. This tight consolidation phase is an ideal time to refine trading strategies and adopt risk management techniques. The impending price movement might provide exciting trading opportunities, but it's essential to be prepared for both bullish and bearish scenarios.
Conclusion: The Calm Before the Storm?
While Bitcoin may appear to be in a tight squeeze, the market is far from idle. Liquidity sweeps and the potential retest of the daily imbalance zone add complexity to the picture. With these dynamics in mind, traders are ready to seize opportunities as they arise, whether it's a breakout to the upside or a different turn of events.
🚀 Crypto Insights | 💡 Trading Strategies | 💰 Market Analysis
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Liquidity
EURUSD 6 - 10 Nov 2023 Weekly AnalysisThis is my Weekly analysis on EURUSD for 6 - 10 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
Weekly
Daily
4H
Economic Events
Weekly Chart Analysis
1.
Swing Bearish
Internal Bearish
Reached Swing EQ
2.
After the iBOS we expect pullback, price tapped into Liq on the lift and a demand zone which showed a nice reaction that the pullback of the internal bearish structure maybe starting but still the OF is bearish
Last week we had bounced nicely continuing the pullback after the iBOS and we are currently approaching a Weekly Supply/Flip Zone.
3.
Potential flip supply zone to continue the INT bearish structure and Swing bearish leg
But be mindful that the INT structure doesn't have IDM and the zone/CHoCH could be used as IDM and we will be in the Swing Discount
4.
Extreme supply within the bearish INT structure with Liq below it. A potential zone located in the Swing premium for continuation down
Daily Chart Analysis
1.
Swing Bearish
INT Bearish
2.
After BOS we expect a pullback
CHoCH will be the first sign of maybe pullback is starting, price did a CHoCH confirming INT Low formation.
OF turned bullish to facilitate the Swing pullback and most probably we will continue bullish till we sweep Liq on the lift which reside below the Weekly and Daily Supply zones before we see bearish continuation.
3.
Weekly/Daily supply zone and the extreme of the bearish INT Structure which could provide a short opportunity if we are going to react from these zone.
Let's watch LTF to guide us for potential shorts.
4H Chart Analysis
1.
Bullish Swing
Bullish INT
2.
As expected, price continued bullish and did a bullish BOS after sweeping the Liq from the previous Swing lows.
After a BOS we expect a pullback, but be mindful that all TFs are bullish in Structure or OF so most probably that bullishness will continue.
Will be looking for pullback to start once we tap into the Weekly/ 4H Supply zones that is price is approaching currently.
Will wait for LTFs to guide for maybe the Swing pullback is starting.
3.
4H Demand zone could hold the price to continue up after sweeping liquidity on the left.
Economic Events for the Week
EURUSD 3 Nov 2023 Intraday Analysis - NFP Day This is my Intraday analysis on EURUSD for 3 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Bullish Swing
Bullish INT
2.
After sweeping the liquidity down there the Swing continuation is solid now for more upside and targeting the Swing High and more.
We reacted yesterday from the supply zone that formed to sweep the liquidity but there is a high probability that we will break this zone to target the Swing High.
3.
4H Demand zone could hold the price to continue up after sweeping liquidity on the left.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
2.
After the last iBOS, price reacted from 15m Supply that caused the bearish iBOS to facilitate the bullish iBOS pullback.
INT Structure holding bullish continue the bullish swing continuation.
3.
4H Demand zone which includes 15m Demand zones that can provide potential buys to continue bullish.
I don't think that price can pullback all the way down to the 15m demand which is a sign of weakness, instead i'm looking for breaks to the upside from here and continuation today.
USDCAD LONG POSSIBILITIES Hi guys, In this analysis I will be covering USDCAD. LEVEL 1.3891 has been acting as a resistance and price has already tapped into it multiple times. Should price begin selling off from this level, The first demand level would be 1.3832 and the one after that would be 1.3804.
One other scenario is that price breaks through the immediate resistance with a fake out and taps into supply zone which is 1.3925 then starts selling off.
One thing we should consider is Federal fund rate which is going to be publish later today and it will heavily impact the market. so be extremely cautious while taking trades on any of these levels.
Be honorable
EURUSD 2 Nov 2023 Intraday AnalysisThis is my Intraday analysis on EURUSD for 2 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Bullish Swing
Bullish INT
2.
The Swing continuation moved stopped at the 4H Supply yesterday and created a fresh Supply zone after the bearish CHoCH.
As stated yesterday that If the low that started the Swing Continuation move failed to break the Swing high then there is a high probability that it will be targeted.
Buys still the theme within this swing but the liquidity formation above the extreme demand zone is maybe the target now to continue up which we did yesterday.
After sweeping this liquidity down there the Swing continuation is solid now for more upside and targeting the Swing High and more.
3.
4H Demand zone could hold the price to continue up after sweeping liquidity on the left.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
2.
INT Structure turned bearish which allowed price to sweep the Liq from the 4H Structure low yesterday and turned back again to bullish after sweeping the liquidity.
Now 15m Swing and INT align with the 4H Swing and INT and it's a high probability to continue up again to target the 15m Swing High and above as long the INT Structure lows are respected and staying bullish.
3.
4H Demand zone which includes 15m Demand zones that can provide potential buys to continue bullish.
I don't think that price can pullback all the way down to the 15m demand which is a sign of weakness, instead i'm looking for breaks to the upside from here and continuation today.
#DXY more bullish outlookHello, everyone. I hope you're all having a great week.
Let's analyze the DXY chart and try to make some predictions for the upcoming week.
Last week, the price was rejected from the important low indicated on the chart and also established a new 4-hour high, as evident in the chart. Consequently, the market structure in the 4-hour time frame is now in alignment with the higher time frame, daily market structure, and they both exhibit a bullish trend.
Given this scenario, our primary interest lies in taking long positions in high-probability trading zones. These zones could be around the short-term low marked with an arrow or during a pullback to the broken short-term bearish trendline.
In the meantime, as we await the price to reach these levels, we will closely monitor the market. Once the price approaches these areas, we will be looking for confirmation signals before considering our trades.
EURUSD BUY AND SELL POSSIBILITIESHi guys, This time I'll be covering EURUSD. SO currently price has tapped into our supply area which is around 1.0674-1.0694 and is selling off. Should selling continue I would expect the price to decline to 1.0623 which is the broken resistance level. Then below our support level we have a demand area which has been tested once and it could be worth trying it for the second time. So make sure you have these two levels under observation and take appropriate action upon price reaching there.
Be honorable
EURUSD 1 Nov 2023 Intraday Analysis - ADP/FOMC DayThis is my Intraday analysis on EURUSD for 1 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Bullish Swing
Bearish INT
2.
The Swing continuation moved stopped at the 4H Supply yesterday and created a fresh Supply zone after the bearish CHoCH.
If the low that started the Swing Continuation move failed to break the Swing high then there is a high probability that it will be targeted.
Buys still the theme within this swing but the liquidity formation above the extreme demand zone is maybe the target now to continue up.
Breaking Swing Low will invalidate this Bullish structure and we will be in daily bearish continuation.
3.
4H Demand zone could hold the price to continue up but the Liq is below it so not a high probability zone.
4.
4H extreme demand is the last zone for price to mitigate if it failed at current price to continue up.
This is the last option for longs for the current bullish swing.
15m Chart Analysis
1.
Swing Bullish
Internal Bearish
2.
INT Structure turned bearish after the iBOS and this 15m Flip Zone could provide an opportunity for Shorts.
Be mindful that the 15m/4H swings are Bullish and we are expecting to target the Swing Highs. But as price turned bearish aggressively yesterday, standing aside till INT structure allign with Swing will be my approach till end of the week.
3.
15m and 4H Demand zone that can facilitate the pullback for the bearish INT Structure.
EURUSD 31 Oct 2023 Intraday Analysis This is my Intraday analysis on EURUSD for 31 Oct 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Bullish Swing
Bullish INT
2.
Price made a Bullish Swing BOS and we expecting after a break of structure a Swing pullback and a CHoCH is the first sign that the Swing pullback maybe starting.
Price pulled back to almost to the swing extreme and we would expect the 4H swing low to hold and we will target the weak Swing High.
3.
4H Demand zone could hold the price to continue up but the Liq is below it so not a high probability zone.
4.
4H extreme demand is the last zone for price to mitigate if it failed at current price to continue up.
This is the last option for longs for the current bullish swing.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
2.
After the 15m BOS, we are expecting a Swing pullback, with a bearish iBOS we confirmed the Swing High and the Swing pullback started.
We reached EQ and 4H demand for high probability bullish continuation.
Internal Structure turned bullish to conform the Swing pullback is over and we are going to continue bullish to target the weak swing high.
3.
15m and 4H Demand zone that can provide a potential continuation to the up side if it's going to hold.
#DXY Possible scenarioHello, traders. Let's take a look at the DXY chart and discuss the possible movements of this chart for the next couple of days.
As we know, the price recently broke below an important bullish channel for the first time since July 4th when this major bullish run began.
However, as you can see, it failed to break below the previous low, which has been identified as an important support level. Based on Dow theory, the bullish trend is still intact since we have not violated the most recent lower low.
So, we currently have two conflicting signals. One is bearish due to the breakdown of the long-term bullish channel, while the other is bullish because the price hasn't breached the last low.
Furthermore, following the rejection of the low, the price moved higher impulsively, suggesting that buyers are still active. This is another bullish indication. However, the formation of a descending triangle chart pattern, which is bearish in nature, provides a mixed signal.
For trading and as a personal opinion, the current price area may not be the best entry point into the market. Additionally, any upside breakout of the triangle chart pattern could potentially be a false breakout and may not be an optimal trading opportunity. However, if the price retraces lower to test the previous low and fails to break below it, we might consider taking a long position on the US dollar.
If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
EURUSD 30 Oct 2023 Intraday Analysis This is my Intraday analysis on EURUSD for 30 Oct 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Bullish Swing
Bullish INT
2.
Price made a Bullish Swing BOS and we expecting after a break of structure a Swing pullback and a CHoCH is the first sign that the Swing pullback maybe starting.
Price pulled back to almost to the swing extreme and we would expect the 4H swing low to hold and we will target the weak Swing High.
3.
4H Demand zone could hold the price to continue up but the Liq is below it so not a high probability zone.
4.
4H extreme demand is the last zone for price to mitigate if it failed at current price to continue up.
This is the last option for longs for the current bullish swing.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
2.
After the 15m BOS, we are expecting a Swing pullback, with a bearish iBOS we confirmed the Swing High and the Swing pullback started.
We reached EQ and 4H demand for high probability bullish continuation.
Internal Structure turned bullish to conform the Swing pullback is over and we are going to continue bullish to target the weak swing high.
3.
15m and 4H Demand zone that can provide a potential continuation to the up side if it's going to hold.
EURUSD 30 Oct - 3 Nov 2023 Weekly Analysis - FOMC/NFP WeekThis is my Weekly analysis on EURUSD for 30 Oct - 3 Nov 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
Weekly
Daily
4H
Economic Events
Weekly Chart Analysis
1.
Swing Bearish
Internal Bearish
Reached Swing EQ
2.
After the iBOS we expect pullback, price tapped into Liq and a demand zone which showed a nice reaction that the pullback of the internal bearish structure maybe starting but still the OF is bearish.
3.
Potential flip supply zone to continue the INT bearish structure and Swing bearish leg
But be mindful that the INT structure doesn't have IDM and the zone/CHoCH could be used as IDM and we will be in the Swing Discount.
4.
Extreme supply within the bearish INT structure with Liq below it. A potential zone located in the Swing premium for continuation down.
Daily Chart Analysis
1.
Swing Bearish
INT Bearish
2.
After BOS we expect a pullback
CHoCH will be the first sign of maybe pullback is starting, price did a CHoCH confirming INT Low formation.
OF still bearish after reaching the daily flip zone. Expectation is that we will continue the bearish OF but be mindful that the pullback will start at anytime.
4H Chart Analysis
1.
Bullish Swing
Bullish INT
2.
Price made a Bullish Swing BOS and we expecting after a break of structure a Swing pullback and a CHoCH is the first sign that the Swing pullback maybe starting.
Price pulled back to almost to the swing extreme and we would expect the 4H swing low to hold and we will target the weak Swing High.
3.
4H extreme demand is the last zone for price to mitigate if it failed at current price to continue up.
This is the last option for longs for the current bullish swing.
Economic Events for the Week
XAUUSD LONG AND SHORT SETUPHi Guys,
I'm going to update my analysis on gold. Yesterday after touching our demand level at 1964 price rallied up more than 200 PIPS which was absolutely amazing. Now today I'm back with new setups.
Area 1979 - 1977 is an fresh area which has not been touched yet so price could react to it and give us a good trade. If price passes through that next area would be 1974-1971 which has been tested once yesterday and has already proven itself.
if rallying up continues resistance level 2001 is gonna be the first level to monitor and following that we have 2010 -2022 as a H4 time frame supply level.
So currently, best course of action is to wait and see how price responds to our intended areas of supply and demand. I also will keep you updated of my thoughts on this analysis.
Be honorable
FET Sell-Side Liquidty PUMPS UP🤖💹Fetch.ai (FET) is navigating the complex world of cryptocurrency with an intriguing strategy that involves tapping into hidden liquidity, setting the stage for potential growth. 🤖💹
Understanding Buy Side and Sell Side Liquidity
In the world of trading, understanding the dynamics of liquidity is paramount. Two crucial components in this ecosystem are "buy side liquidity" and "sell side liquidity." Let's delve into these concepts:
Buy Side Liquidity: This refers to the willingness of traders and investors to buy a particular asset at a specified price. It represents the demand for the asset.
Sell Side Liquidity: On the other hand, sell side liquidity represents the supply of an asset that market participants are willing to sell at a certain price.
Fetch.ai's Unique Approach
Fetch.ai (FET) has adopted a distinctive approach to utilizing liquidity. It focuses on "sell side liquidity," which means it strategically leverages the supply side of the market to drive its price upwards. This method often involves executing a "sweep of the low."
Sweeping the Low: A Bullish Strategy
When Fetch.ai "sweeps the low," it means that the project is actively targeting available sell side liquidity by making purchases at opportune moments when the price is at lower levels. This strategy creates an upward push, which can lead to increased demand and a subsequent price surge.
Trading Strategy: Capitalizing on Fetch.ai's Tactics
For traders and investors, understanding Fetch.ai's unique liquidity strategy is essential. Keeping an eye on its activity around "sell side liquidity" can provide valuable insights for potential trading opportunities.
Conclusion: Fetch.ai's Unconventional Path to Success
By strategically embracing sell side liquidity, Fetch.ai is rewriting the playbook on how cryptocurrencies can harness market dynamics to their advantage. With its unconventional approach and potential for growth, FET is one to watch closely in the dynamic world of crypto.
🤖 Innovative Strategies | 📊 Liquidity Dynamics | 🚀 Cryptocurrency Trading | 💡 Market Insights
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EURUSD 26 Oct 2023 Intraday Analysis - Interent RateThis is my Intraday analysis on EURUSD for 26 Oct 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Bullish Swing
Bullish INT
2.
Price made a Bullish Swing BOS and we expecting after a break of structure a Swing pullback and a CHoCH is the first sign that the Swing pullback maybe starting.
Price still in the 4H pullback phase and reached another demand zone which could provide potential buys with LTF confirmation.
3.
Daily and 4H Supply zone that current price action is targeting and could provide reaction for shorts opportunity using Entry Model with LTF confirmation.
But me mindful that no confirmation for bullish move weakness and there is Liquidity above this supply zone price is targeting.
15m Chart Analysis
UPDATED 15m Chart Analysis
1.
Swing Bullish
Internal Bearish
2.
After the 15m BOS, we are expecting a Swing pullback, with a bearish iBOS we confirmed the Swing High and the Swing pullback started.
We reached EQ and 4H demand for high probability bullish continuation. This will be confirmed once we have bullish iBOS.
GOLD Trading ScenarioHi guys, I'm back with another gold analysis. Price yesterday surged from the 1954 demand area(in last analysis) all the way to 1976 which exist a supply zone. Currently price has been under the 1976 supply area and has tested it multiple times already.
If you pay a close attention there is a hidden demand area "1970-1968" which is only evident in lower time frame and price has already consumed that too. So should price fall it could test 1954 area for the second time but bear in mind since the first movement has not made a new high 1954 area becomes too risky to trade and needs confirmation.
Above that we have 1964 area as a intermediary demand level which again I need to consult the lower time frame should I take a trade there.
Be honorable
Liquidity Pools EURUSDHi,
I can see at least two Liquidity Pools on Medium/Higher Time Frame for EURUSD,
and price is likely to seek these. The question is if it will go first below or first up. Instinctively, I usually want to trade upwards or the reversal, but since price short term is already downwards, and thus closer to the lower Liquidity Pool, then perhaps that is the wiser choice, to do a small short if anything.
But there are liquidity pools to the upside, which can give a great reward if it reaches there, and you have traded near these lows.
Have a great day in Jesus' name!
-ThomChris
NZDUSD LONG AND SHORT Scenario Hi guys.
This time I'll be looking into NZDUSD. The Currency has been rallying up since yesterday and today reached our supply area for the second time. Last reaction to the zone was considerably good and this time could same happen. In addition to the supply area we have the broken support which turned into resistance. So with these clues going short it's advisable. But later this afternoon it's going to be a news related to dollar which could impact our analysis so make sure you are monitoring price behavior.
Should price go down we have a broken resistance around 0.5836 which could support the selling off and lead to a reaction. Below it the demand area should also be closely monitored for a secure entry.
If price continues further up then multiple other supply areas could be potential short setups or exit point for long trades. Make sure you do your own assessment prior to taking any trades.
Be honorable
EURUSD 25 Oct 2023 Intraday Analysis This is my Intraday analysis on EURUSD for 25 Oct 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Bullish Swing
Bullish INT
2.
Price made a Bullish Swing BOS and we expecting after a break of structure a Swing pullback and a CHoCH is the first sign that the Swing pullback maybe starting.
as expected yesterday, we reached the 4H demand zone and we are expecting the bullish continuation.
The current 4H demand could be IDM after the Swing BOS but if we have LTF entry model i'd say it worth a shot.
3.
Daily and 4H Supply zone that current price action is targeting and could provide reaction for shorts opportunity using Entry Model with LTF confirmation.
But me mindful that no confirmation for bullish move weakness and there is Liquidity above this supply zone price is targeting.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
2.
After the 15m BOS, we are expecting a Swing pullback, with a bearish iBOS we confirmed the Swing High and the Swing pullback started.
We reached EQ and 4H demand for high probability bullish continuation. This will be confirmed once we have bullish iBOS.