


break and retest trend line plus 618 retracement rejection push to recent ATH
higher timeframe analysis 2-4 hr expecting a retracement back to trend line which is also 618 fib level from low to high + recent structure level see buy zone at 37600 level there is a triangle on the 15 minute timeframe see my 15 minute analysis for that which could bring us back to 37600 for retracement
15 minute time frame trading ideas for BTC BTC is in consolidation/indecision on higher timeframes, came down to lower timeframe spotted this triangle set limit orders for bullish breakout out but for bearish breakout wait for retest for better RRR 39097 is strong supply zone so be careful there
ascending trianlge + INVERSE HEAD AND SHOULDER STRONG SQUEEZE TRADE BREAKOUT im trading long for better RRR
limit order set strong up trend 618 retracement and recent structure zone
coming into recent supply zone on uptrend will be oversold by this point look for buying opportunity or set limit orders here
re entry of latest short position
oversold resistance for down trend strong down trend 618 retracement zones same place as recent lower low strong rejection down rend continuation
reasons for entry: recently extremely oversold at support level rsi divergence on 30 minute timeframe bull candles present deep blue wave on market cipher bullish engulfing candle present at support level
reasons for entry potential beginning of down trend on 1 hour hitting 4 hour trend line 618 fib retracement and recent lower low structure level all line up should have RSI resistance by that point look for market to turn around for safer entry.. but i have limit order sell set at 2687.67 for a tight entry and stop loss
go to 5 minute timeframe to trade break out,, can also wait for reaction at trend line for better safer breakout trade