There was a huge rally with upward 366% without any pullbacks. Buyers (big money) that bought a deep probably will start to cover their big positions on high liquidity area such as ATH range 73k - 75k. Also we can spot a huge monthly MACD divergency means that trend is not that strong to breakout 69k level. For now I would expect swing higher to grab final...
DOGE price swept key liquidity level with a lot of sellers got trapped. Also we have 1D MACD divergency, it means the trend is not that strong to break through marked level, as a target I expect to see price higher at 0.14375
+3R trade took today, wasn't time to publish it, but stay tuned, those setups appear so often.
Potencial range with deviation, and supply formed after structure shift, short if supply gets tapped
So, as we can see range low getting swept many times It means that probably this will be wyckoff accumulation phase.
After the big range low swept = lot's of breakout short traders got into the trapped, so I marked grey zone where the sellers potentially will start to close their sell position = market buy. Also we have a local small range that could also send price higher after the range low swept. But overall BTC looks bullish, so anyway I would recommend to follow your...
Range formed after the impulse move down right into supply HTF supply zone, so I would expect to see price at the range high and even higher.
After the range high swept breakout long traders got into the trap when price moved lover, so I expect to see they start to close their long position and create supply in the grey zone. The target gonna be range low. Follow your system no matter what=)
As always when range high is swept and price got back inside the range it means that breakout traders trapped with longs, so this is a probability they will start so close their positions = sells. That's why I expect to see price at the range low. Just following my system with no hesitation, no matter what the outcome =)
After we swept range high I would expect to see price lower at the range low, because of trapped long breakout traders. Just follow your proven and tested system and be happy in the end of the month=)
Potential accumulation range with a spring, so there is a probability to see price higher at the range high
Trapped long breakout traders Nice reaction, waiting for low get swept
Range low swept = a lot of sellers got into the trap. A big displacement up with market structure break, so I expect to see bounce from demand zone (grey rectangle), and there is a big probability to see prices higher. Follow your system! =)
Potential Wyckoff reaccumulation scheme. Perhaps large capital is gaining a Long position before the growth of BTC. Let's see! =)
As we see, the price took out Buy Stops above 48k, and created a bull trap at the same time. A lot of emotional traders starts to buy in the 48k area. This means a lot of sell stops are waiting to be hit lower! Next potential targets: - 32k - 25K
Buy every time when 12M (1 year) candle close bearish. As you can see, it is a very good place to buy for long-term investment.
Deep premium 1w imbalance full fill. Want to see stop raid of buyers below equal lows.
After sweep of big pull of liquidity price formed valid bearish order flow. For close future i expect to see break of market structure and raid equal lows.