BTC Weekly Review

24 thg 9

Monday
- AMD (Accumulation, Manipulation, Distribution): The week starts with a classic AMD setup. Price begins with accumulation in a range, leading to manipulation and eventual distribution later in the week.
- Accumulation Zone: During Monday, BTC consolidates in an accumulation zone, moving sideways before a larger move.
- London High (0415): The London session’s high is marked, showing where the market hits a peak during the early session.
- Turtle Soup (1030): A Turtle Soup pattern appears on Tuesday at 1030, indicating a reversal after a false breakout. This is a liquidity-taking strategy.

Tuesday - Wednesday
- Sunday High: The chart references the high from Sunday as an important level of resistance.
- Wednesday Continuation: Price continues the trend from Tuesday into Wednesday, following a bullish expansion.
- Expansion: After the Monday-Tuesday accumulation, price breaks upward in an expansion phase, forming a new high.
- 0930 Turtle Soup: Another Turtle Soup setup appears at 0930 on Wednesday, signaling a short-term reversal before the price continues its uptrend.

Wednesday
- BISI (Buy-Side Imbalance): There’s an imbalance in the market, where buy-side liquidity is dominant, causing price to react and continue its upward momentum.
- Failed MSS (Market Structure Shift): A potential market structure shift happens but fails to break down, and the market continues moving higher.
- Accumulation Below Opening Price: On Wednesday, BTC accumulates below the opening price, indicating a potential bullish breakout later in the day.
- MSS (Market Structure Shift) at 1330: A market structure shift occurs at 1330, breaking previous highs/lows to indicate potential trend changes.
- NY Session Low: The low of the New York session is highlighted as a key level of support.

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Thursday
- Failed Market Structure Shift: Another failed market structure shift, where the market attempts to break lower but holds support.
- 1000 Turtle Soup: A Turtle Soup pattern appears near the week’s end, signaling another reversal after liquidity is taken.
- Price Continuation: The chart indicates the price stabilizes after these setups, moving into a tight range toward the end of the week.


Key Concepts Used
- Turtle Soup: This pattern represents liquidity grabs where the price hunts stops before reversing.
- AMD (Accumulation, Manipulation, Distribution): The market follows the classic cycle of accumulating orders, manipulating retail traders, and finally distributing.
- MSS (Market Structure Shift): These shifts signal potential reversals when a key high or low is breached, but not all follow through.

This analysis highlights the cyclical nature of the market, showcasing accumulation zones, liquidity hunts, and trend continuations. Traders can use this framework to predict market behavior and structure their trades accordingly.