ideal scenario for btc

bouncing in the red circle region

31.6k to 31.4k

✅

now waiting for more confirmations to turn my bias completely bullish

https://www.tradingview.com/x/yI3WEDtc/

breaking out of the resistance trendline is my second confirmation

https://www.tradingview.com/x/3scjoq4A/

well,

as shared before

TA does not work with manipulation 🤡

long red stick down to 31k

cant beat the market makers and institutions

ending off the day here,

cheers!!

just some quick updates,

bulls don't look strong at all

market remains bearish

I still think there's a chance of going up, given the right circumstances

for now the market is really dangerous and pretty boring as well

no trades for now

cheers!

here's a nice chart from one of my members in trade pals

if we can't break the resistance zone (supply zone) which is the red rectangle,

we can't go up further, and until then the market is not clear for any trades with btc ranging like that

bulls still looking too weak rn

heavy dumping on btc

we're looking at 30k being the next key support,

until prices stabilise again it'll be hard to trade if you're chasing candlesticks

scalps are fine

trade safe ‼️

there's a possibility of reversal here

high volatility is expected as well

if you're in any positions, hold it with tight SL or SL+

if you do not have any positions, then don't open new trades for now

my current speculation is a possible pump upwards to first liquidate high leveraged shorters before heading back down (as we've seen MULTIPLE times before)

be ready for volatility in the days ahead

bump

sharing session in about 1h time!

thanks for joining me in the stream!

I also shared some quick analysis and speculations for what's upcoming for btc in the end if you did stay for it

hope the TA sharing was clear enough to understand

any questions feel free to ask as well

to the top with you,
cheers!!

yet another speculation

but the bulls are weak

might play out but not to the full effect

the wyckoff sharing in stream is still valid

https://www.tradingview.com/x/azb5yGfc/

breaking out well so far ✅

confluence of multiple chart patterns here that's signalling bullish reversal

market is volatile, SL+ or take profits if you're in the long position

tomorrow will be a very volatile day with the B word conference going on

no trades before and during the conference

likely a chill day tomorrow

enjoy the break!

a mini short squeeze happened that liquidated a lot of shorters

we're still not in the clear still bearish atm

btc needs to hold

this pump/squeeze could likely be just a liquidation move as i shared before

called it yesterday here ^^^

if you're in long positions,

trail your stop loss and hold SL+

if you do not have positions, i would suggest not opening new ones while the market settles to see whether btc can actually hold here

continuous rejection on btc 4h resistance trendline

if btc can't clear this then we'll head back down for the retracement soon

we'll pick up a bounce there if it holds

https://www.tradingview.com/x/joEldObx/

expect ranging in the region here

once again it can be a bull trap too,

we're still not in the clear for a bull run

we need a good hold and pump up again to reclaim 32k

https://www.tradingview.com/x/bMXVrI1J/