Hello Traders and Investors, today I will take a look at Bitcoin . -------- Explanation of my video analysis: On the higher timeframes of the Bitcoin chart - symbol BTCUSD - you can immediately spot a simple rising channel formation. About a year ago, Bitcoin retested and rejected the lower support of the rising channel formation and is now retesting the...
Structure has broken the wedge and now trending downward within the channel. So we see a decrease in transactional volume. It seems that a historical pattern is repeating itself from a previous cycle, mostly due to monetary policy involving an interest rate cut. if a similar scenario plays out, we might witness Bitcoin dropping to a low of 52000 "Thank you...
Dear Traders, In this analysis, I'll be sharing my perspective on BTC. By watching the accompanying video, you'll discover the key levels that, in my opinion, will signal whether the price is likely to move higher or lower. Disclaimer: The views and analysis presented by Lord MEDZ are for informational purposes only and should not be construed as financial...
Spoiler : its gratitude I've gone through many emotions whilst keeping this position open, especially when seeing the PnL shrink I lost sleep, exhausted my brain and felt many repetitions of the feeling vertigo I had to get my mind right, so I took my problem to the forest and ask the divine intelligence Gods to guide me They taught me that the best way to...
The market is currently reacting a structure based on the daily TF. There's a 4hr reversal chart pattern forming. Possible selling opportunity for BTC Feel free to share your views
Firstly I meant to say May and not April lol (kids had me up early this morning) Charting is a science Trading is an art In this video I cover some topics such as: Hedging Trend The difference between Charting and Trading Position Sizing MTOPS Order Tool Meta Trader with FTMO Using various accounts within FTMO and more ;)
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Hello Traders and Investors, today I will take a look at Bitcoin. -------- Explanation of my video analysis: More than 4 years ago Bitcoin created a nice bullish ascending triangle formation and broke out above the resistance. This breakout was followed by a +270% move towards the upside. Currently Bitcoin is once again creating a similar ascending triangle...
Scaling makes or break a chart. I chat about what to look for when scaling your chart correctly I can't exactly remember all the other elements covered, I'm sure they're good though ;)
Recently, BTC has experienced downward pressure. A bearish pattern is evident on the 4-hour chart. At present, it has traded into a key support zone and there’s a strong possibility we see it pullback into a resistance zone. The video discusses the prevailing trend, recent price movements, overall market structure, and presents several trading ideas for your...
Apologies for the bad mic quality, the pro-mic wasn't connected this time holding open a profitable trade with the fear of losing your already made profits can have you close a trade early, losing out on the maximum profits available on that transition its best to employ a way for the market to tell you when its ready to close rather than you take on all of...
I hope you guys caught our short from over 64k and how is the time to take profits and be prepared for another short!
If you have any questions or comments feel free to comment down below!
As described in the video, I think there are break-out sellers and those who sold the supply zone. Trapped in the shorts and market will most likely not give a pullback down until it liquidates them hence I think the inverted supply zone is now support and we are going to hit the buy side this week. Always follow these rules - Accumulation / Manipulation /...
Here's my thought process on bitcoin and the next possible direction, verify with me please.
Could this be a possible buying area for BTC? Based on what price is showing, the market is currently testing and rejecting the 0.5 Fib level + a 4HR reversal chart pattern. Let's see how this will play out
ORDER BLOCKS are great poi's if you how to use them. Make use of a HTF and draw on liquidity.
Ironically my MacBook hard restarted whilst I was uploading a very valuable video I'd just made. Other than the frustration of losing all of that valuable shared information, it brought up a relevant topic that is crucial to serious traders...technology This is in line within the preparation stages of our live course as having the correct hardware setup will...