A retest of a crucial support is currently underway. If the support cannot be broken expect bitcoin to retest 105,000k and then retest the crucial support once again at 103,000k. If the support is broken we will drop to a range of 99,600k to 101,600k.
Entry 103,100
TP1 104,000
TP2 105,000
SL 102,750
This trade enters Bitcoin in the $101,500–$102,200 zone, aiming to capture a high-probability bounce from a dense liquidity pocket formed by recent long liquidations. This region has historically acted as a bull market reaccumulation zone, typically holding after 5–8% drawdowns during major trend continuations.
The trade is structured to ride a macro...
The upwards trend has clearly been broken, once the 200 ema crosses this trend level on the 1hr chart i feel like we will test and break the previous low. Potentially heading to a previous resistance level of 27.000 before a long rebound back upwards. Let me know your opinions…
We can see a nice head and shoulders pattern forming, watch for a breakout around 160.000. Two short trades are shown on this chart with one being a shorter term, both with fantastic potential. Depending on external circumstances i see GBPJPY heading potentially to retest previous resistance lines.
As you can see by this graph, there are clear indications that we are in a downward channel, however also in a smaller upwards channel with potential of breaking out if the trend is broken. I have shown this by two possible scenarios where it either rebounds off the larger downward trend channel and goes onto creating a higher low then eventually starting its true...
