BTC. Weekly trading levels 13 - 17.05.2024

12 thg 5

During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade.
If you expect any medium-term price movements, then most likely they will start from one of the zones.
Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post.

The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :)

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I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade.
Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat.
Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern.

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13 thg 5

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They shot well from the zone, but didn’t give a good kickback for the deal. Whoever made it, made it

14 thg 5

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We rolled back to the zone. They've already hit it a couple of times. Let's see if we can go higher tomorrow

15 thg 5

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while we continue to grow, good reaction to the level

15 thg 5

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Good movement with opportunities to jump

16 thg 5

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An unpleasant hairpin, but we held on and went down.

17 thg 5

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18 thg 5

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great week