Daily Analysis of BTCUSDTPERP. 13/08/2022 saturday BINANCE:BTCUSDTPERP Monthly Timeframe: From the monthly timeframe going downwards. 17 593 Is holding the price up, creating a slight pullback to the upperside of the range. Range 9 900 - 12 500, hides a demand zone. That zone is a strong support, we can't expect the price breaching that range to go down. If we...
The final monthly support trend from all the way back to 2021 is finaly giving up. Btc has been in a short distribution fase of Wykhoff to get all the final liquidity and supply for a move downwards. As we can see from a higher timeframe BTC has broken the marketstructure. On the weekly we can confirm this. A downwards trend is holding the price down. Important...
IDEA GENERATION A.1.0 BTC USDT PERPETUAL Range testing
27/01 Idea generation Preparing the metadata for btc perp futures chart, soon available
BTC/USDT PERP; SWING AND POSITION TRADING ANALYSIS As we can se the price is now at ATH; hence the price action analysis, the following will happen: 1. 69180 will reject, a base of a range will be formed 2. The inverse hold level of the ATH on higher timeframes will rejecet the price and it will form a final hold level to form a laddering up; breaking the trend...
At the level of 1833; a base of a range is formed. At the opening of a new daily candle it will have two options: 1. reject and bounce back to the greedy level and try the ladering up again to break the base of a range 2. it will break the base, and form a ladering up to the next inverse hold level of gold.