BTC FUNDAMENTAL AND TECHNICAL ANALYSIS

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@asuquokelvin - 2 months ago
Quoted - godspowerdan

I think this is what BTCUSDT may do after breaking higher

BTC didn't react to NFP and it is selling, it bought through out Friday to Sunday yesterday and is trying to sell now

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@asuquokelvin - 2 months ago
Quoted - godspowerdan

The news have much effect on BTC, but this is what i have on BTC

There was no effort not even talking about much effect, BTC didn't react at all it bought as anticipated, but the sells has started today

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@nsg_usd - 2 months ago
Quoted - asuquokelvin

BTC didn't really make any changes, no difference no big moves just same way

That could signal a new market environment, outside what July was offering.

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@asuquokelvin - 2 months ago
Quoted - godspowerdan

Price has just swept buyside liquidity and the sells might come in anytime from now

I don't just post images am already on the sells already, SL and TP are all set

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@asuquokelvin - 2 months ago
Quoted - godspowerdan

Yeah i will wait to see how price will move after the sweep of liquidity

Although the level you marked is not really the liquidity level I mean the old high because that is a very old level we are using IRL to ERL , base on session but it's fine anyhow you understand yours , but I have circled my own liquidity level, which was the internal IRL that price previously traded away from

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@asuquokelvin - 2 months ago
Quoted - godspowerdan

That's fine though, where are you targeting at your tp

My tp is at the old bullislh order block level, that zone is where am going out

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@asuquokelvin - 2 months ago
Quoted - asuquokelvin

My tp is at the old bullislh order block level, that zone is where am going out

The BTC trade I took yesterday is selling after sweeping liquidity and I will hold till tomorrow if it doesn't hit tp I close

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@asuquokelvin - 2 months ago

My BTC trade is still going on good profit, I will close before CPI tomorrow to avoid reversal

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@nsg_usd - 2 months ago
Quoted - asuquokelvin

My BTC trade is still going on good profit, I will close before CPI tomorrow to avoid reversal

Nice Catch. Price will probably retest the 63800-price region and continue the sells. Invalidation of the bearish channel is what will confirm it is ready to change direction.

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