Bitcoin Analysis
Got liquidated.
Sl hit 🎯
But it is not every time that the market moves in the direction of the bigger trend, dark pool activity can sway the market in a direction completely opposite to the trend.
But it is not every time that the market moves in the direction of the bigger trend, dark pool activity can sway the market in a direction completely opposite to the trend.
Yeah , it's why we call it's probability
Bitcoin Trade Breakdown
On the 1-hour chart, Bitcoin had been rejecting lower prices on both the Daily and 4-hour timeframes. This showed strong defense around key support levels.
Then, we saw a clear breakout on the 1-hour chart. Price broke above a previous resistance level (a key horizontal zone) with strong momentum.
Bitcoin Trade Breakdown
On the 1-hour chart, Bitcoin had been rejecting lower prices on both the Daily and 4-hour timeframes. This showed strong defense around key support levels.
Then, we saw a clear breakout on the 1-hour chart. Price broke above a previous resistance level (a key horizontal zone) with strong momentum.
The Entry:
- As soon as price broke and closed above that key level, it turned from resistance into support.
- We entered long (buy) immediately on the retest/confirmation of this broken level.
The Entry:
- As soon as price broke and closed above that key level, it turned from resistance into support.
- We entered long (buy) immediately on the retest/confirmation of this broken level.
Risk Management (visible on chart):
- Stop Loss placed below the breakout level (in the red zone).
- Take Profit targets set above in the green zone.
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Overall long term buys on BTC.
This should lead to a possible all time highs
