Hey everyone! 🌟 Exciting times ahead as we're currently exploring the range between 68409 to 71875! 📈 We've already seen two taps at the range high, sparking some intriguing possibilities. Could we be witnessing the formation of a Trinity Model 1 or perhaps a Model 2? 🤔 Both based on Wyckoff Theory! 📊 Now, here's the plan: If we experience a bear break of...
📉 Today's breakdown focuses on the Bitcoin halving and what it could mean for Bitcoin in April. 🪙 We delve into the global perspective, examining our last two successful setups, and strategize for our next levels. 🌐 Let's dive in!
See video for my take on the halving and my thinking behind these trades.
Hey everyone, let's talk about my next trade plays! 📈🔍 For the first one, I'm keeping an eye on an R1 range model rotation from this range high. 🔄 I'm waiting for a bear signal before making a move. 🐻 Now, for the second play, if we break out of this range, I'm looking for a reaction at the 24M supply zone above us. ⬆️ But I'm a bit cautious because we're near...
🎉📈 We did it again, traders! 🚀 We accurately predicted and capitalized on the 4-hour break of structure, catching the beginning of the retracement down to the Point of Control (POC), and then seizing the perfect long trade that propelled us up to 70K! 💰 Now, we may be on our way to retest the all-time high (ATH) for a second entry, and I'm keeping a close eye on...
Ah, divergence, the elusive creature lurking within the depths of technical analysis, ready to confound and bewilder even the most seasoned traders. Allow me to shed some light on this mysterious phenomenon. Divergence is like the red flag waving in the wind, signaling a potential shift in the tides of price action. It occurs when the price of an asset moves in...
Hold onto your hats and tighten those seatbelts because we're about to take a dive into the abyss of uncertainty! As Bitcoin continues its relentless journey away from the previous all-time high at $69,000, it's time for a reality check. With just over 7 days left before March bids us adieu, the verdict is looming ominously over our heads. Picture this: a monthly...
📈🔄 My next play is a higher low setup! We've broken structure on the 4-hour chart in a bullish direction, and this could signal our lower high for more bullish action ahead. 🐂💥 I'm keeping a close eye on the zone between the Point of Control (POC) and the Value Area High for a potential reaction. Ideally, I'd like to see price wick into the zone, but it's not a...
📉📊 Ready for a Bitcoin breakdown? Let's dive in! 💥 We indeed witnessed a juicy reaction off the 4-hour supply zone we had our eyes on. But wait, there's more! Not only did we get a reaction, but we also got a clear reconfirmation on the lower high leg. 🔄 Supply and demand at work, folks! While I'm not suggesting ditching support, resistance, and Fibonacci zones,...
Here are my local trade ideas, listed in the order they may occur: 🔍 Setup 1: This involves taking a second short position after a retracement. Confirmation comes from a clear shift in market structure on a 5-minute chart, coupled with a sweep of a prior high. Essentially, we're waiting for the market structure to change. If this happens, Market Cipher should...
📈🏰 In the world of trading, understanding market structure reigns supreme, while supply and demand play vital roles akin to royalty, and liquidity serves as the foundation, much like a castle. While effective indicators can be helpful, don't fall into the trap of believing you must shell out thousands for success. All you truly need is your chart and a...
Let's talk about today's local levels straight from my analysis. We're getting close to that range low at $59167. Can we expect a rebound? Well, it's definitely in the cards. There is also a 1m demand between (59844 - 60847), literally the only obstacle on the way down. Here's what to watch for confirmation: Keep an eye out for a clear change in market structure...
SEE VIDEO FOR BREAKDOWN! We remain bearish until we take out the last 4h lower high.
📈💡 The Previous All-Time High of Bitcoin from 2021 remains a pivotal marker in our journey. Can we conquer it and secure a close above on both weekly and monthly charts? ⏳📊 The weekly verdict is in, and unfortunately, we closed below our all-time high. 📆🔍 Failing to breach this level could trigger what I term a "range deflection," potentially leading to a downward...
👑📈 Market Structure Reigns Supreme! Forget the Noise - Here's Why You Only Need This One Confirmation for Trading Success! 💡🔄 Market Structure is your ultimate guide, visible across all timeframes. Witness how lower timeframes pave the way for higher ones; a transition on the 15-minute scale hints at shifts on the 4-hour, which in turn foreshadows daily changes,...
🌐📈 Exploring Global Market Structure & Our Latest Bitcoin Trade Setup! Dive into our analysis as we dissect the current market landscape and reveal our recent trade setup. 📊💡 The 4-hour zone we're currently navigating is crucial — respecting it could keep us in a profitable 4-hour sandwich, while a breach might signal a descent towards the GETTEX:59K mark. 🥪📉...
These are some of my back tested range models that are relevant for this range. R1 - Range deflection sweep of the range high R2 - Range deflection sweep of the range low R3- Internal range reaction from supply For 1 and 2, I would like to see an SFP of the prior extremes, for 3 I would like to see the dip into the zones to produce an aggressive reaction that...
📉 Is This the Start of Bitcoin's Downtrend? Watch Now to Uncover Our Market Navigation Strategy for the Week! 📉🔍 Dive into our analysis to decipher the current market landscape and discover our plan for navigating potential downturns. Don't miss out on essential insights! 💡💼 Follow and boost for more invaluable trade ideas and market updates! 🚀📈"