STRATEGY Sniper : BTCUSDT

Updated
Update strategy ongoing

1. The range was respected : when the price moved outside strongly reacted by reaching our zones.

2. The inefficiency at 58.7k was recover at first range break out. This is now a interesting zone, the plot reacts every time touches it or, if overpass this levels, strong breaks.

3. The inefficiency left at 53.7k left a range, which lower bound was identify with the last higher high before the three engulfings.
The price recover right after had broken the inefficiency level.
Trade active
Update Strategy as July 25th.

The first analysis had indicated incomplete areas around 58 and 53k which are still unrecovered.
The target taken now was the last target on Fibonacci. The target was seated at 67k as liquidity point and -0.68 and -0.618 for the weekly long position.
The price has increased before the reitracement because of news publication about Ethereum and ETFs.
Chart PatternsTechnical IndicatorsTrend Analysis

Disclaimer