Currency Pair: BTC.USD Time Frame: Daily, 4hr & 1hr Predicted Direction: Short
Live BTC.USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Bình luận
⋅
Pre trade analysis.
Bình luận
⋅
Price is getting squeezed on the 1hr TF, i expect an explosive breakout in either direction very soon. Remember i am watching the 4hr TF for an entry.
Bình luận
⋅
A strong rejection of the 4hr 50EMA, 38.20% Fib A break and close below $7740 would confirm the additional downside expecting price to test 6k.
Bình luận
⋅
Price approaching short opportunity should a 4hr breakout occur.
Bình luận
⋅
Awaiting a intraday pullback prior to taking this setup short.
Really appreciate it, i hope everyone has been able to benefit :-)
TomShilleck
⋅
Appreciate everything you do on here man. I tend not to trade based on other peoples TA but I always take yours heavily into consideration.
UnknownUnicorn180388
⋅
@lirio, Thank you, really appreciate the message.
I hope the analysis continues to be a small benefit.
Have a great weekend :-)
Kotaiba_Watted
⋅
Wow indeed expert it's explode
UnknownUnicorn180388
⋅
@Kotaiba_Watted, It's best to stay out of these times, keeping an eye on the 4hr TF :-)
I hope all is well your end.
trickzter
⋅
Thank you, Sir! I like your professional work a lot. Where do you see BTC the next days and weeks? Should we expect another larger dip and what could be the bottom? I know its hard to tell and nobody has a crystal ball. Just want to hear your opinion.
UnknownUnicorn180388
⋅
@trickzter, No problem at all :-)
It all depends on price of the weekend, if we see a breakout on the Daily TF of the historical ascending trendline then i see a big short.
Should price reject the Daily AT then we could see a climb back towards 9.5k