Bitcoin Analysis
Pair :Bitcoin
Strategy: SLP (Structure, Liquidity and POI)
Analysis:
Every Market behavior is triggered by something, For me, I want to see only Two things trigger a certain behavior in the market which I call the MSS ( Market structure shift).
The two things that SHOULD cause this behavioral changes are;
a.) ORDER BLOCK (OB)
b ) BREAKER BLOCK (BB)
For Bitcoin, the cause of this recent market structure shift is the BREAKER BLOCK.
ANALYSIS STEPS:
1) What caused this Market structure shift? (4hr BREAKER BLOCK)
2) Do we have liquidity after the MSS? (YES)
3) Between the OB and the BB, which is the closest to our liquidity? (BB)
4) Therefore our POI is on the BB.
This is detailed... You can understand how I trade with the above information.
But what is the meaning of breaker block and order block?
A BREAKER BLOCK and ORDER BLOCK are simply key levels in the market that causes market reversals
The Bitcoin setup didn't go as plan but I didn't take a loss
WHY?
There's what I label higher Timeframe analysis and lower timeframe Entry.
The Bitcoin setup didn't go as plan but I didn't take a loss
WHY?
There's what I label higher Timeframe analysis and lower timeframe Entry.
The reason is simply because the risk on the higher Timeframe is higher but small on the lower timeframe
So basically I waited for a confirmation entry on the 15 minutes timeframe but the market didn't present it for me to take the sell entry.
The essence of taking confirmation before taking a trade is simply part of risk management.
The reason is simply because the risk on the higher Timeframe is higher but small on the lower timeframe
So basically I waited for a confirmation entry on the 15 minutes timeframe but the market didn't present it for me to take the sell entry.
The essence of taking confirmation before taking a trade is simply part of risk management.
Okay, so in other words your order didnt get filled
Hi, what about the fundamentals of how to trade BTC/USD such as the right time to enter the market, news articles one can read daily, what news affects BTC/USD that's what really matters for beginners. It cant be all about order blocks and other ICT terminologies.
I'm taking this Bitcoin trade from here.
Saw a clean resistance on the 1hour timeframe
.
✅ 4-Hour Timeframe = BULLISH
This means the bigger trend is pointing UP. Think of it like a river flowing in one direction, we always want to trade with the river, not against it. Since the 4HR is bullish, we're looking for BUY opportunities only.
.
✅ 4-Hour Timeframe = BULLISH
This means the bigger trend is pointing UP. Think of it like a river flowing in one direction, we always want to trade with the river, not against it. Since the 4HR is bullish, we're looking for BUY opportunities only.
What Happened on the 2-Hour Chart
✅ Double Break of Structure (BOS)
A Break of Structure happens when price pushes above a previous high, signaling that buyers are in control. A double BOS means it happened twice, confirming strong bullish momentum. This tells us the market is actively shifting power to the buyers.
.
✅ 4-Hour Timeframe = BULLISH
This means the bigger trend is pointing UP. Think of it like a river flowing in one direction, we always want to trade with the river, not against it. Since the 4HR is bullish, we're looking for BUY opportunities only.
🎯 The Entry, Order Block
After the break of structure, price came back down to retest a Breaker Block, this is a special zone where the market previously reversed.
Think of it as a discount zone that smart money uses to re-enter their buy positions.
On the chart, the pink box represents the ORDER Block entry zone with the stop loss sitting just below it. The green zone above shows the projected move up, with the arrow pointing toward a target of ~$79,400+.
.
✅ 4-Hour Timeframe = BULLISH
This means the bigger trend is pointing UP. Think of it like a river flowing in one direction, we always want to trade with the river, not against it. Since the 4HR is bullish, we're looking for BUY opportunities only.
I got stopped out on this trade yesterday.
This is my trade analysis for Bitcoin today.
15 minutes timeframe mss, liquidity and poi for entry all present.
This is my trade analysis for Bitcoin today.
15 minutes timeframe mss, liquidity and poi for entry all present.
Hi, what fundamentals do you use when trading bitcoin? Like what news do you listen to, what actually moves the bitcoin market fundamentally?
Hi, what fundamentals do you use when trading bitcoin? Like what news do you listen to, what actually moves the bitcoin market fundamentally?
Only NFP I can say I focus on
Only NFP I can say I focus on
What I mean is that when you wake up in the morning to trade BTC is there anything you read first such as a newsletter etc.
What I mean is that when you wake up in the morning to trade BTC is there anything you read first such as a newsletter etc.
This is a good read https://www.spectramarkets.com/am-fx/
What I mean is that when you wake up in the morning to trade BTC is there anything you read first such as a newsletter etc.
First of all I look at the overall direction on the daily timeframe