BTC Bull Run 0.95-3.74% 02 16 2023If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
This strategy is also used Live by Green Lion Capital Social Trading on Zignaly.
The previous analysis achieved and surpassed all of its targets. As anticipated, the institution plans to use this chance to attract more liquidity into the market driven by leverage, and this will help them maximize their profit during a price reversal. It seems that they are particularly determined to achieve this objective this time.
Based on the chart, the expected upper entry zone is at $24,650, and the confirmation was obtained through a private chart. I will exercise caution and not become overly greedy during this bullish trend as a significant and rapid reversal could occur.
*** Disclaimer: a second non-public chart layout was used to officially confirm this oversold point.
Safe points to take profit:
T1: 0.95%
T2: 2.04%
T3: 3.03%
T4: 3.74%
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP , moving averages, and Fib charts.
Chart Count: 8
3min chart confirmation: white MA crossing up yellow while above lowed dotted white line.
5min chart confirmation: vwap greater than lower dotted white line while with three candle confirmations above the white ma.
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
