Bitcoin / USDT Long Idea & Analysis
Based on the current chart & time frame, I have marked the chart with graphical represented reasons.
All the marking on chart is based on Order Flow analysis.
I have marked Imbalance area where buyers (Demand) are stepping in.
I have marked area where sellers (Supply) is Decreasing. (sellers are being exhaust)
Based on Effort & Result Theory, I have marked the up waves where buyers a moving the market with very less effort but vice versa sellers are putting more effort
than buyers & are getting no or less results.
According to the above mentioned analysis, My Idea is that price of BTC USDT pair can move up, toward the marked area.
(Its not a financial advice or trading signal, its just my analysis based on my strategy)
All the marking on chart is based on Order Flow analysis.
I have marked Imbalance area where buyers (Demand) are stepping in.
I have marked area where sellers (Supply) is Decreasing. (sellers are being exhaust)
Based on Effort & Result Theory, I have marked the up waves where buyers a moving the market with very less effort but vice versa sellers are putting more effort
than buyers & are getting no or less results.
According to the above mentioned analysis, My Idea is that price of BTC USDT pair can move up, toward the marked area.
(Its not a financial advice or trading signal, its just my analysis based on my strategy)
Note
This Idea is Based on under ''How-To'' category. I tried to express that how to read market based on order flow & imbalance analysis.Trade closed: target reached
Idea Update: Target Perfectly Reached As It Was anticipated.
Tradingview to MT4 MT5 Automation Solution
Backtesting and Optimization of any Indicator or Strategy
Here is Complete Presentation
bit.ly/UniversalBot
Backtesting and Optimization of any Indicator or Strategy
Here is Complete Presentation
bit.ly/UniversalBot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Tradingview to MT4 MT5 Automation Solution
Backtesting and Optimization of any Indicator or Strategy
Here is Complete Presentation
bit.ly/UniversalBot
Backtesting and Optimization of any Indicator or Strategy
Here is Complete Presentation
bit.ly/UniversalBot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.