#Bitcoin - whats next ?
The big Sunday report, all you need to know:
In last weeks Sunday report we spoke about the small long order at the liquidity pool in the region of $25.200 that perfectly got hit and in very good profit for those that took the trade. Just one day later I updated the next short term target at $26.800 that was also hit perfectly in a matter of few hours, so whats next after predicting all right again:
🚩 TA/ LCA/ Psychological Analysis: Currently Iam watching the region of $25.600 for another potencial long trade. I will try to snipe with a scalp long if market allows to dump towards $25.600, realistic to happen during, before or after FOMC volatility, right?
For that Iam placing several long orders in that region. Remember that placing a long position and go long for the very short time frame doesnt mean that Iam turning bullish in the mid - big time frame. You should learn to trade levels, and use these levels as opportunity for profitable trades. Iam not closing my shorts from $31.000 region just because I decide to take a long opportunity that will be closed in a very short time frame, while $31.000 is a mid term trade. Please educate yourself about the difference between Scalp and Swing trades, its something that causes a lot of confusion in the comment section all the time.
The liquidity pool that was mentioned in the last two weeks is getting bigger and bigger. Big enough to become a legit target for market makers. For that, keep in mind that $28.600 is the next possible target for market makers, once we breakout above EMA200 daily that is currently at $26.990. The amount of profits market makers gonna do when hitting $28.600 is the same amount of profit they do when they dump it to $23.5k region. I will add more into shorts if market allows to visit $28.600 regions.
Market is still very bearsih, dont get distracted by those liquidity grabs. If market allows to visit $28.600 Iam going to add more shorts into my 30 - 31k short entry position Still in big short from 31-30k !
Market overall looks even more bearish than it was in the past few weeks. My target which was always $23.500 and up, is now changed. Iam watching for 23 - 20k region for potencial local bottom before 2024 bull market starts. Indeed, one last big dump, connected with fear is needed before next bull market starts.
There will be a seperate Tweet regarding the #FOMC projection and market expectations + own analysis soon.
Summray, we watch two key levels and one main level:
Long scalp at $25.600 region if market allows to visit
Adding more shorts at: $28.600 region if market allows to visit.
Main bearish target of 23 - 20k has not changed, and is even more bearish now.
The big Sunday report, all you need to know:
In last weeks Sunday report we spoke about the small long order at the liquidity pool in the region of $25.200 that perfectly got hit and in very good profit for those that took the trade. Just one day later I updated the next short term target at $26.800 that was also hit perfectly in a matter of few hours, so whats next after predicting all right again:
🚩 TA/ LCA/ Psychological Analysis: Currently Iam watching the region of $25.600 for another potencial long trade. I will try to snipe with a scalp long if market allows to dump towards $25.600, realistic to happen during, before or after FOMC volatility, right?
For that Iam placing several long orders in that region. Remember that placing a long position and go long for the very short time frame doesnt mean that Iam turning bullish in the mid - big time frame. You should learn to trade levels, and use these levels as opportunity for profitable trades. Iam not closing my shorts from $31.000 region just because I decide to take a long opportunity that will be closed in a very short time frame, while $31.000 is a mid term trade. Please educate yourself about the difference between Scalp and Swing trades, its something that causes a lot of confusion in the comment section all the time.
The liquidity pool that was mentioned in the last two weeks is getting bigger and bigger. Big enough to become a legit target for market makers. For that, keep in mind that $28.600 is the next possible target for market makers, once we breakout above EMA200 daily that is currently at $26.990. The amount of profits market makers gonna do when hitting $28.600 is the same amount of profit they do when they dump it to $23.5k region. I will add more into shorts if market allows to visit $28.600 regions.
Market is still very bearsih, dont get distracted by those liquidity grabs. If market allows to visit $28.600 Iam going to add more shorts into my 30 - 31k short entry position Still in big short from 31-30k !
Market overall looks even more bearish than it was in the past few weeks. My target which was always $23.500 and up, is now changed. Iam watching for 23 - 20k region for potencial local bottom before 2024 bull market starts. Indeed, one last big dump, connected with fear is needed before next bull market starts.
There will be a seperate Tweet regarding the #FOMC projection and market expectations + own analysis soon.
Summray, we watch two key levels and one main level:
Long scalp at $25.600 region if market allows to visit
Adding more shorts at: $28.600 region if market allows to visit.
Main bearish target of 23 - 20k has not changed, and is even more bearish now.
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands