The best signal that shows return of the bulls!
Hi, friends! The fell of BTC made a lot of pain for cryptohodlers but not for crypto traders. The market volatility (change of the price in % through the time) help the traders to make deals in both sides: short and long.
📊In the same time hodlers have to wait for the an uptrend almost for 6-12 month, sometimes years as it was after 2013 and 2017 crypto crash.
🚩What is the signal we have to wait? The main techical "indicator" and the bullish signal will be the change of bear trend to bull trend. You have just wait for the Higher Highs (HH) and Higher low (HL) series.
📊Bitcoin in 4 out of 5 cases made the consolidation atthe lows. During the consolidations the crypto investors get tired and sell their crypto beause of fear to lost all their moneys.
Of course, the whales can collect liquidity below the local lows at $17640 and price can fall to $15500-17000. Now the chace of this is almost 40-45%.
🚩What else can help you to identify reverse of the trend? The huge volume of the long traders liquidation. Mostly, because of such leveraged traders and hodlers the price fell so low by 70-80% from it`s ATH. This is a specific feature of crypto. If you see the local manipulation with target to make the collection of liquidity (false breakouts) always pay attention to volumes. If the volume bars growth it`s a best signal at the BTC bottom especially at higher timeframes.
🏁What you can add to this BTC chart? Have any idea when the trend will change (not about inflation and Fed rate pls)? Write your thoughts in the comment.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
📊In the same time hodlers have to wait for the an uptrend almost for 6-12 month, sometimes years as it was after 2013 and 2017 crypto crash.
🚩What is the signal we have to wait? The main techical "indicator" and the bullish signal will be the change of bear trend to bull trend. You have just wait for the Higher Highs (HH) and Higher low (HL) series.
📊Bitcoin in 4 out of 5 cases made the consolidation atthe lows. During the consolidations the crypto investors get tired and sell their crypto beause of fear to lost all their moneys.
Of course, the whales can collect liquidity below the local lows at $17640 and price can fall to $15500-17000. Now the chace of this is almost 40-45%.
🚩What else can help you to identify reverse of the trend? The huge volume of the long traders liquidation. Mostly, because of such leveraged traders and hodlers the price fell so low by 70-80% from it`s ATH. This is a specific feature of crypto. If you see the local manipulation with target to make the collection of liquidity (false breakouts) always pay attention to volumes. If the volume bars growth it`s a best signal at the BTC bottom especially at higher timeframes.
🏁What you can add to this BTC chart? Have any idea when the trend will change (not about inflation and Fed rate pls)? Write your thoughts in the comment.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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