Sell entry below the intraday low at 18150, following the retest of 1hr Order block around 18200. First target=18000. Happy trading!
I use envelopes to trade Bitcoin, and the first sign of a change in trend is an impulsive break and close either above/below the 200 ENV on the 30 Min TF. Bitcoin prices have done just that, indicating that the bulls are taking over the market. A break and close above the 100 ENV on the 4HR will indicate a bullish trend. Next stop = 50K. ENJOY!!!
BTC Retests the 100 ema and continues to fall. Any break and close above the EMA on the 4hr suggests/indicates a potential change in trend from bearish to bullish.
Bitcoin prices just crossed the 100 EMA on the 4Hr indicating the start of a bearish trend. Sell positions at the close of the breakout candle.
It is possible to make a lot of money trading Bitcoin on only 1 Timeframe and here's how. Enter trades at the break and close either abouve or below the 200 Envelope. The settings are: 200 EMA 0.15 and is only applicable on the 30 minutes timeframe. Thank me later! 😉
Bitcoin is currently on a bullish trend. Strong buy if it breaks the current resistance zone. Strong buy if price breaks above. What do you guys think?
The market developed a shorting pattern at the close on Friday (10/12/21), which was confirmed by the bearish 30 min candle at market open today. I'm anticipating prices to go lower from here, ideally for the entire week ahead.
Gold shorts pre-London session broke the 4Hr block @ 1772, indicating some intense short-term bearish pressure. A bearish order block was also formed on the 15mins @ the 1777 - 78 zone. This O.B could be re-tested at CPI data release, and is a very important zone that could see gold falling to finally break the Daily support.
Price broke above daily support. I'm anticipating price to retest the Order block left at NYSE open, and bouce back up to create new highs above 1789
Gold has been lacking the bullish momentum needed to bounce off the daily support zone between 1787 & 1769. Minor resistances are being respected, indicating prices could go lower, and potentially break the daily zone of support.