Bitcoin
Short

Dynamic Time Based Premium/Discount BTC day trade 1/1/25

Updated
Today's chart is nice and simple, nothing crazy.

BTC for today has built its premium and discount zones based on time and price. NYO built the premium zone, and the True Daily open built the discount zone.

We are looking for price to push into the FVG located around 94,900. The reason it is that FVG because if you look closely, it will align perfectly with the blue quarter, so we should expect price to go up to that point between 9:30 and 11:00 am EST, followed by a drop down to the liquidity created beneath the True Daily open discount zone near 92,700.

Stop loss at 95,600.

PM Session should take us down gently towards the 92,700 take profit.


These dynamic prices are based on the dynamic time based premium and discount model theory and they are pretty accurate.

Happy trading.
Note
UPDATE:

IF we cant get into that FVG by 11:00am EST, expect PM to take out the high formed and then retrace to our profit target.
Note
It doesnt look like we will get to the original plan for entry. We will be entering above the high during the PM session. Should look something like this. Target 94300 for short. Same TP as in original idea. Price action should look something like this:

snapshot
Note
We didn't quite get the low I thought we would have, which is fine. The actual trade is at the top of the NYAM high. We are getting close to getting tagged in for the trade:

snapshot
Trade active
TRADE ON!

snapshot
Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer