Crypto Mumbles
and now we actually see that btc wicked the 4h trendline before bouncing back up respecting the symm triangle
if btc cannot print a lower low (LL), then this might be a point of change in the market structure
#analysis
#analysis
Crypto Mumbles
in an uptrend, what's the market structure?
market structure recap here!
do scroll down a bit
do scroll down a bit
btc 15m tf
clear downtrend, creating Lower Highs (LH), Lower Lows (LL)
hence if a LL is not printed then we might see a reversal if not then choppy movement sideways
#learn
clear downtrend, creating Lower Highs (LH), Lower Lows (LL)
hence if a LL is not printed then we might see a reversal if not then choppy movement sideways
#learn
📈 TRADE ALERT
picking up some btc long at cmp here
super risky trade!!
reasons: failed to break support but closed just above it,
couldn't close a LL - possible change in market structure,
nice RR
#trades W
picking up some btc long at cmp here
super risky trade!!
reasons: failed to break support but closed just above it,
couldn't close a LL - possible change in market structure,
nice RR
#trades W
Crypto Mumbles
btc 15m tf clear downtrend, creating Lower Highs (LH), Lower Lows (LL) hence if a LL is not printed then we might see a reversal if not then choppy movement sideways #learn
this trade is valid as long as LL is not printed
however, enter at your own risk of course
nfa!
however, enter at your own risk of course
nfa!
look at the candle close with the red circle
it was able to close ABOVE the previous tweezer top (the two candles on the same level to the left) just so slightly,
which gave the market good confidence of a change in market structure and it led to a spike
if we can close above the previous high, it will be a huge W
it was able to close ABOVE the previous tweezer top (the two candles on the same level to the left) just so slightly,
which gave the market good confidence of a change in market structure and it led to a spike
if we can close above the previous high, it will be a huge W
Crypto Mumbles
this trade is valid as long as LL is not printed however, enter at your own risk of course nfa!
congrats if you entered here 🥳
Crypto Mumbles
if btc cannot print a lower low (LL), then this might be a point of change in the market structure #analysis
as mentioned earlier in the day,
without a LL there's a possible change in market structure
and now this might be what we'll see in the coming hours
HH, HL
to the top with you,
cheers!
#calls
without a LL there's a possible change in market structure
and now this might be what we'll see in the coming hours
HH, HL
to the top with you,
cheers!
#calls
100 subs in 4 days! incredibly grateful 🥳🙏🏼
thank you all for being here :-)
hope that you'll be able to get something out of this channel!
cheers!!
thank you all for being here :-)
hope that you'll be able to get something out of this channel!
cheers!!
here's some navigation for the new people! :-)
please read the pinned message as well with disclaimers etc.
#tips - for tips on trading
#learn - for knowledge to be a better trader
#trades - for my trades (W - profit, L - loss)
#calls - for predictions
#analysis - for analysis of the market
#grateful - for the kind words i've heard from y'all :")
you can search these hashtags if you want to look back on key messages!
please read the pinned message as well with disclaimers etc.
#tips - for tips on trading
#learn - for knowledge to be a better trader
#trades - for my trades (W - profit, L - loss)
#calls - for predictions
#analysis - for analysis of the market
#grateful - for the kind words i've heard from y'all :")
you can search these hashtags if you want to look back on key messages!
if you still have your long positions open,
take some profits and set sl to entry or SL +
some manipulation might be happening soon
TA does NOT work when there's market manipulation!
take some profits and set sl to entry or SL +
some manipulation might be happening soon
TA does NOT work when there's market manipulation!