It has been a while I updated you guys about BTC movement. I've been been off chart partially and basically just watching on the sidelines. However, here I am..... Bitcoin is correctively bullish and I still maintain my eyes on the $28,000 zone. Being correctively bullish doesn't mean it has to have perfect retracements into my preferred zones, however, if...
This is an update on the last short Idea I shared I shared a BTC Short Idea Yesterday from the 30 Minutes timeframe (Kindly check my previous BTC Update to know my overall BIAS.) I updated the short Idea as I saw new Price Action in the market and Initially my profit target was $23300, but I ended up closing at $23747 ("Trade closed manually: I have decided to...
Thought Process same as explained on charts and previous BTC Charts
I expect the market to dump. Check the screenshot for my thought process. I have a Daily Timeframe analysis on BTC with a long BIAS. Kindly check it out and I will be dropping to the lower timeframe to give some entry setups on BTC.
I still have a strong bullish BIAS on the Daily Timeframe. In reference to yesterdays analysis, I wanted to see the market close above the $24269 level then expect a reversal before a final push to the upside $28k. The market has decided to just wick my zone and on the 4Hour timeframe, the market is showing reversal strength which I will talk about in the next...
The close of the daily candle will determine the direction of the market. Currently, I'm hoping the market takes out the buy side liquidity *(Break of market structure), sell to the Imbalance/Order block to further push the market to $28,000 region. This is just a little retracement Idea for the greater sells to $10,000 and below. Also take your Fib and measure...