BollKalle

BollKalle

I am still bearish. Ofc, one can always be wrong. Important to be aware of my overall strategy - without context a trade means nothing. My strategy - I'm not trading BTC here, I'm just optimising my entries for alts. I'm already 50% exposed to alts, and waiting for a correction so I can get in with my other 50% at better prices.

BollKalle Updated 

The moneh (moneh = $ = liquidity = equal highs and lows) Use the moneh to find - Entry positions (expected stop hunt) - Exit positions (equal highs and lows)

BollKalle

Let's see what M15 structure does Could be very volatile with news To remain bearish, wouldn't expect BTC to break above 44.7k because that would release trapped longs Should see an M15 bearish structure here Move could happen before the ETF news, or be stimulated by the ETF news

BollKalle

Pump stimulated by news that ETF is fast-tracked, the rumors are a decision will be made by tomorrow In any case, price filled in the D1 void. If we had a nice M15 bearish structure, I would see a continuation short. Trading the news is risky though, sitting out on this one. Mostly interested in this event to see how price unfolds. View is still to buy in...

BollKalle

As per chart Fractal liquidity hunts, taking out stop losses and triggering bullish breakout traders M15 moving beautifully downwards

BollKalle

Maybe, let's see how H4 and D1 plays out I wouldn't wanna see an H4 close above 44.5k

BollKalle

Keeping things simple, stick to the higher time frames, you have all the information you really need. Check my previous ideas for W1 and D1 analysis This idea further strengthens by bearish position (In the short-term) Explanation given in the chart Given the current price action, I'm expecting price to either range or correct (I think a correction is more likely)

BollKalle

Soon. We're at W1 resistance and a D1 double top has already formed. D1 double top was confirmed when the D1 candle closed below the 13 MA. Furthermore, we have RSI divergence Potential scenarios: Scenario A) Prices could fall anytime Scenario B) We could also see a short squeeze - prices stop hunting above liquidity. Scenario C) The above could happen, but...

BollKalle

You need to understand overall market cycles and look at the higher timeframes before you start analysing lower timeframes. BTC 4-year cycles consist of - Cycle lows - Halving - Cycle highs Note that right before the halving, price usually ranges or pullsback On the weekly chart, notice the bearish order block and void on the left where liquidity exists. This...