THE BEST AREAS TO ACCUMULATE BTC I am excited to see BTC in this price.
Everyone who have experience in trading know this is the biggest discount he will EVER see.
I marked two major areas that will reverse the price.
Target 1: 19,600-17,700
Target 2: 12,000-10,000
whales will start accumulating BTC from those demand areas (because the Imbalance candles)
If price drop below 17,700 then the next target will be 12K-10K which also the strongest.
BTC is effected by the Dollar and the NASDAQ. This is the only reason for the bear market.
I am not reccomend using leverage for long term positions, like this one.
If you liked the Technical analysis please like and follow.
Keep your trading safe👋
Orderblocks
MATICUSDTIf the blue range is engulfed in a short uptrend, we can have the mentality of an uptrend.
The price range of $ 0.5789 (yellow range) seems to be suitable for entering a trade in order to climb the price.
EURUSD ICT OTE Entry, Short sells with logical approaches HTFthe chart basically says it all, Not much for me to expand on here, I believe / hope I am at the point in my trading and studies on this system where I can safely simplify.
I hope this marks progress for me in as much as, I can now explain the theory (I believe) ICT is teaching, Loosely of course as OTE was my first venture and now I am expanding my knowledge with the new material.
To put it simply
I want to see several things happening that line up and present me with a Low risk, High reward entry.
IF the HTF Bias is in the direction of the trade
and THEN
The market moves against the higher move
And
1. Sweeps liquidity taking highs or lows
2. Hits an optimal trade retracement of a recent impulse leg (A relevant leg)
3. (this isnt a must but its a bonus) Hits a big figure or mid figure clean number
4. Shows signs of reversal, Displacement, breaks of inside structure, Reversal stages or counter trend exhaustion.
THEN:
I am presented a low risk opportunity within the confinements of time, This is usually within the LON NY session.
With a logical target that I can justify an expectaton of price movement to.
THEN I can trade. . . .
If you just back test that, you will not only discover positive results, You will start reading the tape and plotting the story while looking at the chart as evidence, This is a superior understanding.
This is what I search for, understanding, Knowledge, accuracy in prediction.
That's much more that a profitable trade.
BLZ looking strongBLZ HARRISON mainnet is coming in Feb, it will blast soon buy the dip and hold tight.
BLZ is looking both technically and fundamentally strong if you like the project here is the opportunity you all waiting.
The whole plan is mapped on chart any question ask in comment.
ALICE still bearishALICE the gaming coin is bearish since making ATH. Here what we found on chart
Analysis:
Two untested order block on H4 and D1 which has probability to test before going down
But before order block there is a H4 support which is now acting has resistance which increase the probability in a retest and going down from here
Below this resistance we have found 2 order block which is the last major support for ALICE presenting a golden opportunity for long term holders.
Buy what you see on the chart not what you think will be on chart. Adjusting trendlines is not what we do.
DENT short setup comingDENT is continuously falling inside a descending channel since November and there is more to it.
Analysis:
Found 2 bearish orderblock which are untested so its a high probability before continue trend they are going to be tested
Broke major structure, found support on 4h block and going to test the upper 4h block as resistance which is near order blocks
Entry prices are on chart take action as per Price Action. Why?
Because Birdy trades what they see on chart not what they think will be on chart.