if it remains under L3 we may see further fall to L4. However if it retakes L3 on daily closing I would look for monthly pivot and H3 to get tested. If L3 is retaken the safest place for a stop would be L4. good luck
BTC finding itself on the monthly L3 camarilla pivot. which is the projected range low based on price action of previous month. If it holds this level it is possible we can see a move to the H3. This is invalidated with move under The L4. Furthermore Break of the L4 could hypothetically lead to L5 if it was within the month. It is not my opinion that happens...
If btc can hold L3 on the hourly I guess will will probably go to H3. if it breaks H4 can go to H5 and 6. Stoploss for this trade is L4 If Btc breaks L4 then btc probably hits L5 and maybe L6. stoploss for this trade is L3 once broken. this analysis done with camarilla pivots daily levels and only remain valid until tomorrow asia open Which do you think is...
weekly camarilla pivots. There is a chance for a long if btc holds the L3 and makes its way back up to previously tested levels. Targets H3 and above. stoploss L4 However there is risk of more downside with breaking L4. if Broken stoploss L3 and targets L5 and 6
for short enter on rejection of H3. Target L3 or lower. Stop H4 for long wait for break of H4. Target H5 or higher. stop H3 Canarilla pivot points weekly levels
Ranging between H3 and L3. If H4 or L4 is broken targets would be H/L 5 and 6. these are intraday levels camarilla pivot points
long L3. target H3 and/or above. stoploss L4 Short break retest of L4. target L5/6. stoploss L3 Long break retest of H4. target H5/6. stoploss H3
Well we lost the retaken support. so highly likely we retest tomorrows daily pivot around 30.2ish. What happens after that will be the deciding factor. If we retake that level it is possible we rise more. However if we bounce down off it and start trading below the developing L3 I would say we test the next weekly and monthly L3 regions around 28 and 27k...
with next camarilla pivot point monthly levels developing we can project the next projected range levels intramonth. usually (not always) it is the case that both sides at least get tested. so its possible next month sees both levels hit. the determining factor will be if we find new resistance at that central purple level or not. what are your thoughts on which...
Tomorrow will probably retest new daily pivot around 30.8k/31k from there it may be possible to go long for coming H3 and maybe 33 region. However. if we break under the weekly H3 level around 30.2. I would be wary and careful as me might head to weekly L3. analysis done with a combination of camarilla weekly and daily pivot points
Between H3 and L3 we have a ranging price. under L4 or above H4 we can targets breakouts to levels 5 and 6 with stop at corresponding sides 3 of whichever way it breaks
Either we go up from here and bounce off the next monthly incoming pivot/H3 or we retest our lows once more and then make a range move up. will see in the next week one or the other likely
on camarilla monthly pivots. can see new pivots coming in and that a mean reversion level might be around 10 cents even. If btc drops for another dip it could be extended lower It all really depends on if btc goes for a new leg down if it goes to the 6 cent region first
Monthly camarilla pivots. showing mean reversion to currently 2150 after monthly close is likely IF we hold this level by monthly close. However dependent on btc another drop to 1400 area might be possible as further downward extension target
camarilla monthly pivots show that likely will retrace upwards to 8 with another potential drop to 3 to 4 that is still in the cards. IMO it depends on if btc bounces from here or has another leg down first
in the middle of linear regression 3hour channel. breaking L4 or H4 should result in levels 5 and 6 if they are broken today. these are intraday camarilla pivots. so the levels and targets remain true for today. It is still possible we go sideways. oscillation starting to look like it favors down on mid term time frames, up on small time frames. and on weekly...
between H3 and L3 is ranging. If you want to catch breakout scalp of this small range wait for hourly close above H4 (then stop at H3) or below L4 (then stop at L3). The targets for either break is levels 5 and 6. Analysis done with camarilla pivots daily levels
entry on the L3 or a wick below it. Target H3 for closing half... and then move stop to entry. second target H5 if H4 is broken. Invalidate with a strong break of L4. analysis with camarilla pivots weekly levels