What is Relative Strength Index (RSI) ?The Relative Strength Index (RSI) is a momentum indicator used in technical analysis to measure the magnitude of recent price changes to evaluate overbought or oversold conditions in the market. It ranges from 0 to 100, with values below 30 generally indicating an oversold condition and values above 70 suggesting an overbought condition.
Beyond Technical Analysis
BANK OF BARODAAs of May 30, 2025, Bank of Baroda (NSE: BANKBARODA) closed at ₹249.55, reflecting a 2.59% increase from the previous close.
📊 Monthly Support and Resistance Levels (May 2025)
Based on pivot point analysis, the following are the key support and resistance levels for Bank of Baroda for May 2025:
Support Levels:
S1: ₹238.06
S2: ₹224.04
S3: ₹198.52
Resistance Levels:
R1: ₹263.58
R2: ₹277.60
R3: ₹303.12
📈 Technical Overview
52-Week Range: ₹190.70 – ₹299.70
Recent High (May 30): ₹251.53
Recent Low (May 30): ₹242.16
Volume: Approximately 18.9 million shares traded on May 30
🔍 Analyst Insights
Nomura maintains a 'Buy' rating with a target price of ₹265, suggesting an 18% upside from the current price.
JM Financial also recommends a 'Buy' with a target of ₹250, aligning closely with the current market price.
✅ Summary
Bank of Baroda is currently trading near its immediate resistance level of ₹254.85. A breakout above this level could signal further upward momentum towards ₹260.15 and ₹268.77. Conversely, if the stock fails to sustain above ₹254.85, it may find support at ₹240.93 and ₹232.31.
Given the positive analyst outlook and current technical indicators, monitoring the stock's movement around these key levels could provide potential trading opportunities.
Why Peaceful Traders Outperform Emotional Geniuses!Hello Traders!
Today’s post is a truth most traders learn the hard way — calm execution beats intellectual brilliance . You might know someone with great chart knowledge but poor results. Why? Because peaceful traders, not emotional geniuses, win over time .
Who is an Emotional Genius?
They know complex chart patterns, indicators, and macro data .
They can predict market moves with insane accuracy — but rarely trade them profitably.
Their biggest enemy is not the market — it’s their own emotional turbulence.
Overconfidence, FOMO, revenge trades, and fear of missing the perfect entry kill their edge.
Why Peaceful Traders Win
Clarity Over Complexity: They follow simple setups with clean rules. No need to be perfect — just consistent.
Low Emotional Noise: They stay detached. No panic during drawdowns or greed during rallies.
System Over Ego: They don’t try to prove they’re right — they follow process, review data, and refine.
They Accept Imperfection: Peaceful traders know losses are part of the game. No breakdowns. Just next setup.
How to Become a Peaceful Trader
Simplify Your Strategy: Avoid analysis paralysis. One setup, one trigger is enough.
Use Alerts, Not Emotions: Let technology remind you — don’t sit glued to the screen in anxiety.
Daily Pre-Market Routine: A 10-minute calm planning session beats 3 hours of panic-based trading.
Journal Your Mental State: Track what you felt, not just what you traded.
Celebrate Calmness: Reward yourself for emotional discipline, not just green trades.
Why This Works Long-Term
Compounding Peace: Emotional stability compounds just like capital. The more you stay calm, the stronger your edge gets.
Better Decision Quality: Emotional traders react. Peaceful traders respond.
Fewer Mistakes = More Profits: Even a 10% reduction in overtrading or early exits boosts overall P&L massively.
Rahul’s Tip
Meditation, Journaling, and a Clean Trading Routine — these three tools do more for your P&L than a new indicator.
Emotional strength is a trading superpower. Build it daily.
Conclusion
You don’t need to be the smartest in the room — you need to be the calmest at the screen.
The market rewards consistent peace, not chaotic genius.
Do you feel your emotions interfere with trading? What helps you stay peaceful? Let’s discuss below!
IRCTC Stock Update - Daily & Weekly Chart Breakdown📉 The stock is in a strong downtrend after pulling back to the key supply zone near ₹820 and then reversing sharply.
📊 Now, IRCTC has broken below both the 50-day MA on the daily and 10-day MA on the weekly timeframe — a powerful bearish confirmation! 🔥
🔻 A strong bearish candle has formed, signaling continued selling pressure with bears firmly in control.
⚠️ Trading plan:
▶️ Short below ₹754
▶️ Target the next support zone (marked on the chart). Refer to zones for clear entry and exit levels.
⚠️ Disclaimer:
I am not a SEBI registered advisor. This is not financial advice. Trade responsibly and do your own research before making any investment decisions.
FXHUNTER / EURNZDFX:EURNZD Hello, I'm FXHUNTER. Welcome to my channel. In this post, we will examine the EURNZD symbol. According to the market structure, we have an important supply area, near which a liquidity area has formed, and it is likely that the price will hunt for liquidity and return from the supply area and continue its downward trend. Well, if you like the analysis, introduce us to your friends. Good luck.
How Self-Doubt Shows Up as Overanalysis (and Kills Trades)Hello Traders!
Today’s post is about a hidden trading killer — not bad setups, but self-doubt disguised as overanalysis . Many traders lose not because of poor strategy, but because they hesitate, add layers of confirmation, and end up missing or sabotaging good trades. Let’s break this down.
What is Overanalysis in Trading?
Overanalysis is when you keep digging for more indicators, more confirmations, or extra confluence — even when your setup is already valid.
It’s driven by fear of being wrong , not the need for clarity.
You check multiple timeframes, re-check the news, add unnecessary indicators — all to avoid pulling the trigger.
This is not discipline — this is self-doubt in disguise .
How Overanalysis Kills Trades
Missed Entries: By the time you confirm everything, the trade is gone.
Poor Timing: Overthinking leads to late entries or bad fills.
No Exit Plan: You doubt your exit too — holding too long or exiting too early.
Mental Drain: Constant over-checking burns mental capital even before trade starts.
Loss of Confidence: Every missed trade builds more self-doubt, creating a loop.
How to Break the Overanalysis Loop
Trust the Plan: Define your setup criteria and stick to it — no “extra filters” unless proven.
One Timeframe Rule: For entries, rely on one clean timeframe. Don’t chase clarity across 5 charts.
Journal the Delay: Every time you skip a trade due to overthinking, write it down. You’ll see the pattern.
Trade Replay Practice: Build confidence by simulating trades. Confidence kills doubt.
Reward Executions, Not Outcomes: Give yourself credit for following your system — even if SL hits.
Why It Matters
Every edge has a limited life: The best setups often need swift execution.
Self-doubt creates hesitation: And hesitation is the enemy of consistency.
Clean execution > Perfect prediction: You don’t need to be right — just consistent.
Rahul’s Tip
Build a checklist that includes: Entry Signal, Risk Level, and Trigger Confirmation.
Once all 3 align — take the trade. Don’t give your brain time to argue. Execution beats emotion.
Conclusion
Self-doubt shows up wearing a smart disguise: more analysis, more charts, more tools. But in the end, it just delays action and kills opportunity. Start trusting your system more than your fear.
Have you lost trades to overanalysis? What helped you overcome it? Let’s talk in the comments!
Why Emotional Trading Is Quietly Draining Your Account!Intro:
You don’t need to blow up in one day to ruin your trading.
Sometimes, the damage is slow. Silent. Emotional.
And by the time you notice, it’s too late.
You’re not losing because of your system.
You’re losing because you can’t get out of your own way.
Let’s talk about it.
What Emotional Trading Looks Like (Even If You Don’t Realize It)
• Entering because you’re bored
• Doubling size after a loss to get back
• Exiting early out of fear
• Holding too long out of hope
• Taking random trades because others are posting wins
These aren’t strategy decisions.
They’re emotional reactions wearing trading clothes.
Why Emotional Trading Fails Always
✅ 1. You Abandon Logic Mid-Trade
You have a plan… until the trade is live.
Now you’re adjusting targets, skipping SLs, checking P&L every 30 seconds.
It’s no longer trading.
It’s managing stress, not positions.
✅ 2. You Start Trading Outcomes, Not Setups
One win? You feel invincible.
One loss? You question your entire edge.
When every result triggers self-doubt or overconfidence — consistency dies.
✅ 3. You Become Addicted to Action
You start equating screen time with progress.
Let me just take one more trade becomes your daily trap.
But activity isn’t productivity.
And every emotional trade dilutes the quality of the one that mattered.
The Real Cost of Emotional Trading
• You blow good entries
• You skip real setups
• You revenge trade
• You lose confidence
• And worst of all — you train your brain to trust emotion over execution
This isn’t a bad habit.
It’s a silent account killer.
How to Fix It (And Keep Your Sanity)
• Build your rules and follow them like law
• Limit your daily trade count
• Journal what you felt, not just what you did
• Take screen breaks during choppy hours
• Ask before every entry: Is this system or emotion?
Final Word:
You don’t have to be perfect.
But if your emotions are in control — your results will always be random.
Real traders aren’t emotionless.
They’re just disciplined enough to trade through the emotion not with it.
Control the mind. Or the market will control you.
Bullish trade building up in Astral with RR of 7Looks promising for a RR of 7. It is continuosly making higher highs and higher lows, and RSI Profile is trending higher and suggesting bullish trend. although current TF RSI is near overbought zone, which suggests possibility of minor retracement, still higher TF RSI Trend
is positive and with current point of control zone shifting higher we can keep a Sl just few points below POC.
Entry at 1440
SL around 1423
Target around 1555
Risk to reward ratio is around 7.
Indicator used : RSI Hybrid Profile (Link available in my profile)
PS : This is an Educational post and doesn't constitute any trading or financial advice, just do your own research.
Tata Steel: Breaking Out with Strong Q4 Momentum🔍Technical Overview
Tata Steel has been range-bound between ₹20–₹80 for over a decade. In 2021, it broke above the ₹80 resistance, which then acted as support in 2022. The stock rallied to ₹184 by June 2024, then it came to ₹120.
A descending channel formed during this correction, characterized by lower highs and lower lows. This pattern was decisively broken in May 2025, coinciding with strong Q4 results. The stock surpassed its recent lower high and is now trading at ₹163.
Key Levels:
Resistance: ₹170 (Target 1), ₹180 (Target 2), ₹190 (Target 3)
Support: ₹160, ₹150, and a major demand zone at ₹120
The breakout, supported by robust financials, suggests a bullish trend continuation.
💰Q4 FY25 Key Financial Highlights:
Tata Steel's Q4 FY25 performance showed significant improvement compared to the previous quarter:
Total Income: ₹56,218 Cr (vs ₹53,648 Cr in Q3 FY25)
Total Expenses: ₹49,659 Cr (vs ₹47,745 Cr in Q3 FY25)
Total Operating Profits: ₹6,559 Cr (vs ₹5,903 Cr in Q3 FY25)
Profit Before Tax: ₹2,200 Cr (vs ₹1,672 Cr in Q3 FY25)
Profit After Tax: ₹1,201 Cr (vs ₹295 Cr in Q3 FY25)
Diluted Normalized EPS: ₹1.04 (vs ₹0.26 in Q3 FY25)
Compared to Q4 FY24, while revenue saw a slight decline, net profit more than doubled, indicating improved operational efficiency.
🧾Fundamental Insights
Cost Efficiency: The significant profit increase is attributed to reduced input costs, particularly in raw materials like coking coal and iron ore.
Dividend Declaration: The company announced a dividend of ₹3.60 per share, reflecting confidence in its financial health.
Market Position: Tata Steel's strategic cost management and operational efficiency have positioned it favorably in the steel industry, even amidst global challenges.
📊Conclusion
Tata Steel's technical breakout, coupled with strong Q4 financials, indicates a positive outlook. Investors should monitor key support and resistance levels as the stock navigates its upward trajectory.
Disclaimer: lnkd.in
NIFTY 50 Technical Analysis| Supply Zone Test🔸 NIFTY 50 Analysis – May 31, 2025 | Daily Timeframe
Nifty is trading around 24,750, testing a major supply zone near 25,000, a level where sellers have previously stepped in hard.
What’s more — it’s currently trading below the 10-day moving average, signaling short-term weakness or pause in momentum.
🧠 Market Insight:
✅ Bullish Structure Intact – Price has rallied strongly from March lows, forming higher highs and higher lows.
⚠️ But... Momentum is Fading – The index is struggling near a key resistance zone and pausing below the 10MA.
📌 What to Watch:
🔺 Breakout Above 25,000 ➝ Clears the supply zone → Upside target: 26,800+
🔻 Rejection From Here ➝ Possible pullback to 23,500–24,000 demand area
📈 Bias: Cautiously Bullish
🎯 Strategy: Wait for breakout or rejection confirmation. This zone will set the tone for June.
💬 Drop your view in the comments — breakout or pullback?
🔁 Like & share if you found this useful!
#Nifty #Nifty50 #TechnicalAnalysis #TradingView #PriceAction
XAU/USD Technical Analysis: Major Levels, Market Structure, and 🔍 XAU/USD Technical Analysis: Major Levels, Market Structure, and Trade Ideas
In this detailed analysis of XAU/USD, we highlight key supply and demand zones, dynamic trendlines, and the interplay of structural shifts to help traders navigate the current price action effectively.
🔴 Key Supply Zone (Week & Day A+ Selling Area)
Location: Above 3,320- 3,330
Significance: This red zone has historically acted as a strong resistance area. Price has failed multiple times to break above it convincingly, suggesting institutional selling pressure.
Implication: Any revisit to this zone could trigger bearish rejection, making it a key level for short setups.
🟢 Major Demand Zone (Week & Day A+ Buying Area)
Location: 3,230–3,260 region
Significance: This green zone has consistently provided support for price, as shown by multiple bounces from it. It suggests strong buying interest from institutions or large market participants.
Implication: Traders can watch for bullish price action in this area to confirm potential long opportunities.
📈 Dynamic Trendlines
🔵 4H Down-to-Up Trend Line:
This ascending trendline, drawn from major swing lows, suggests that the broader 4H market structure remains bullish.
Use: Acts as dynamic support for possible bounces.
🔴 4H Up-to-Down Trend Line:
This descending trendline captures the bearish structure in the 4H timeframe, connecting the lower highs and indicating ongoing selling pressure.
Use: Functions as a dynamic resistance area.
✅ 15M Change of Character (CHoCH)
This micro timeframe level marks a shift in sentiment from bearish to bullish, providing early confirmation for potential reversals or continuation plays.
Use: Intraday traders can utilize this for short-term entries in line with the broader bias.
🔻 Monthly Low Level
Location: Around 3,120
Significance: This level marks the lowest point in the recent monthly cycle and serves as a crucial support area for the broader trend.
Implication: A break below this level would suggest further downside potential.
💡 Trade Scenarios
1️⃣ Bullish Scenario
If price retests the Week & Day A+ Buying Area (3,240–3,260) and forms bullish confirmation (like a bullish engulfing candle or 15M CHoCH shift), a long trade could be initiated.
Potential Targets:
4H descending trendline near 3,300
Week & Day A+ Selling Area above 3,320
2️⃣ Bearish Scenario
If price reaches the 4H descending trendline or the selling zone above 3,320 and forms bearish rejection, shorts can be considered.
A break below the 4H ascending trendline and the demand zone would open the door for deeper downside, with the ultimate target at the Month Low near 3,120.
📝 Conclusion
XAU/USD is consolidating within a crucial range, balancing supply and demand forces. The dual-trendline structure signals a potential breakout in the coming sessions. Short-term traders can leverage the 15M CHoCH for early entries, while swing traders should focus on the interplay between the higher timeframe zones and trendlines.
📌 Reminder: Always wait for confirmation before entering trades and manage risk according to your trading plan.
🔔 Follow for updates! Let me know if you have any questions or want to discuss your own analysis. Happy trading! 🚀✨
BTC/USDT – 4H | I’m Selling That Red Box. No Questions Asked.Structure is broken.
Momentum shifted.
Swing low is exposed.
That red box? It's the origin of the dump — clean, aggressive, and emotional. That’s where the sellers showed their teeth, and that’s exactly where I’ll meet them again.
💥 Here’s my plan:
When price comes back into that red zone,
→ I’m shorting from the start of the box
→ Stop above the zone
→ Target = swing low
I’m not waiting for confirmation. No entry tricks. No guessing candles. I’ve seen this setup play out enough times to know the story. I don’t care what the future holds — I execute because I trust the system I built.
No need to predict. No need to react. I’m just letting the market come back to a place where it made a decision — and I’ll be ready.
This isn’t trading off vibes or someone else’s strategy.
This is Leviathan Execution — clean, logical, fearless.
– Leviathan
#BTC #LeviathanFX #PriceAction #TrustYourSetup #StructureMatters #NoHypeJustExecution
Bitcoin Ready to Collapse? Shift incoming !!Bitcoin is flashing warning signs that the euphoria may be nearing a halt. While bulls have defended every dip for months, this recent structure exposes potential systemic exhaustion and a clear top-heavy formation.
🔶 Triple Top Formation – Major Reversal Pattern
Price has formed three clear rejections near 111k to 113k failing to break this horizontal ceiling despite strong attempts:
• Top 1: Initial euphoric breakout in Q1 2025.
• Top 2: Mid-cycle rejection with lower momentum.
• Top 3: Final spike with a long upper wick, indicating selling pressure.
This isn’t just psychological resistance — this is institutional exit behavior. When a triple top aligns with bearish structure, the probabilities of reversal spike.
⸻
📐 Rising Wedge Breakdown Risk
Zooming into structure, BTC is also caught in a rising wedge, a pattern that typically precedes a sharp trend reversal when the lower trendline fails.
• This wedge began forming since the $57K low in January 2025, and has now reached terminal compression.
• Breakout attempt failed to sustain new highs, now back inside the wedge.
If price breaks down with volume, it confirms distribution at the top.
⸻
🧠 Multi-Layered Breakdown Zones
Here’s the full structure unraveling beneath:
🟡 Immediate Support (Temporary Relief):
• 104,763 is the first demand zone. However, this is weak and already being tested.
🟡 Critical Breakdown Trigger (Trendline + Horizontal Confluence):
• 86,113 aligns with wedge base and horizontal structure. Losing this is not a dip — it’s a structural breach.
🟡 Neckline of the Triple Top:
• 74,496 – this is the last defense. A breakdown here activates the full triple-top bearish target.
⸻
📉 Projected Pathway – Full Breakdown Sequence
If price fails to reclaim 113K, here’s the probable sequence:
1. Failure to hold 104K → Drop to 86K.
2. Weak bounce from 86K followed by breakdown → retest neckline at 74.5K.
3. Neckline breaks → Full triple top target opens towards 57,000–58,000 zone.
🔻 Target: 57,003 – Aligns with historical pivot from Nov 2024 and major liquidity grab.
⸻
💬 Macro Interpretation
While spot price remains above key zones, the underlying structure has flipped bearish:
• Every push higher is met with lower momentum.
• Trendline losing steam, and volume failing to confirm rallies.
• This looks like a top-heavy distribution, not accumulation.
⸻
⚠️ What to Watch Now
• Daily closes below 104K = early sign of pressure.
• Breakdown and daily close below 86K = breakdown from rising wedge.
• Neckline at 74,496 is the trap door. If this gives in, expect acceleration.
⸻
✅ Action Plan
• No fresh longs until BTC closes above 113K with conviction.
• Shorting below 104K with tight stops makes sense for intraday traders.
• Bigger positional shorts can be initiated on breakdown + retest of 86K.
• Full breakdown shorting zone activates below neckline retest.
⸻
📌 Summary:
Triple Top + Rising Wedge + Structural Failures = Recipe for Collapse.
BTC bulls need a miracle above 113K. Otherwise, price is setting up for a high-velocity drop toward 57K zone over the coming weeks.
JK Cement Ltd. – Cementing a Strong Future!JK Cement Ltd. has showcased a robust performance in Q4 FY24, marked by significant financial growth and positive technical indicators.
📊Technical Analysis:
Over the past decade, JK Cement's stock has demonstrated a consistent upward trajectory, reaching an all-time high of ₹3,800 in 2021. Following a correction to ₹2,000, the stock resumed its ascent, forming a pattern of higher lows. In January 2024, it surpassed the previous high, establishing ₹3,800 as a new support level.
The stock continued its bullish momentum, reaching ₹5,000, which acted as a resistance level. However, strong Q4 results propelled the stock beyond this barrier, and it is currently trading at ₹5,400. Notably, the trading volume surged to 1.22 million, the highest in the past 3-4 months, indicating increased investor interest.
Key Levels:
Resistance: ₹5,600 (Target 1), ₹6,000 (Target 2), ₹6,400 (Target 3)
Support: ₹5,000–₹5,100 (strong support zone), ₹4,400–₹4,600 (potential support if the first zone is breached)
💰Q4 FY24 Key Financial Highlights
Total Income: ₹3,581 Cr (vs ₹2,930 Cr in Q3 FY24 and ₹3,106 Cr in Q4 FY23)
Total Expenses: ₹2,816 Cr (vs ₹2,438 Cr in Q3 FY24 and ₹2,546 Cr in Q4 FY23)
Total Operating Profits: ₹765 Cr (vs ₹492 Cr in Q3 FY24 and ₹560 Cr in Q4 FY23)
Profit Before Tax: ₹535 Cr (vs ₹279 Cr in Q3 FY24 and ₹347 Cr in Q4 FY23)
Profit After Tax: ₹361 Cr (vs ₹190 Cr in Q3 FY24 and ₹220 Cr in Q4 FY23)
Diluted Normalized EPS: ₹46.64 (vs ₹24.54 in Q3 FY24 and ₹28.44 in Q4 FY23)
These figures reflect a substantial quarter-on-quarter improvement, highlighting the company's strong operational performance.
🔍Fundamental Highlights:
Profit Growth: Net profit increased by 64.5% year-on-year, reaching ₹361.3 Cr in Q4 FY24.
Sales Increase: Sales rose by 15.3% year-on-year to ₹3,581.2 Cr in Q4 FY24.
Volume Growth: Grey cement volume grew by 13% year-on-year, while white cement volume increased by 3%.
Dividend Announcement: Declared a total dividend of ₹20 per share, comprising a ₹15 final dividend and a ₹5 special dividend.
Capacity Expansion: Plans to double grey cement capacity to 50 million tonnes per annum by FY30, aiming for a 14% CAGR.
🧭Conclusion:
JK Cement Ltd. exhibits strong financial health and positive technical indicators, suggesting a continued bullish trend. Investors may consider monitoring the stock for potential opportunities, keeping in mind the key support and resistance levels.
Disclaimer: lnkd.in
EXIDE INDUSTRIES LTDAs of May 30, 2025, here are the monthly support and resistance levels for Exide Industries Ltd (NSE: EXIDEIND) based on various technical analysis methods:
📊 Current Price Snapshot
Last Traded Price: ₹386.85
Day’s Range: ₹383.15 – ₹390.20
52-Week Range: ₹328.00 – ₹620.35
Volume: 1,888,195 shares
VWAP: ₹386.58
Market Capitalization: ₹32,882 crore
Beta: 1.37
Dividend Yield: 0.52%
Book Value per Share: ₹162.65
Upper Circuit Limit: ₹427.65
Lower Circuit Limit: ₹349.95
Face Value: ₹1.00
🔧 Monthly Support & Resistance Levels
Standard Pivot Points
Pivot Point: ₹384.23
Resistance Levels:
R1: ₹416.72
R2: ₹444.83
Support Levels:
S1: ₹356.12
S2: ₹323.63
Fibonacci Pivot Points
Pivot Point: ₹356.12
Resistance Levels:
R1: ₹379.27
R2: ₹393.57
R3: ₹416.72
Support Levels:
S1: ₹332.97
S2: ₹318.67
S3: ₹295.52
Camarilla Pivot Points
Pivot Point: ₹356.12
Resistance Levels:
R1: ₹357.31
R2: ₹362.86
R3: ₹368.42
R4: ₹385.08
Support Levels:
S1: ₹346.19
S2: ₹340.64
S3: ₹335.08
S4: ₹318.42
📈 Technical Indicators Summary
Relative Strength Index (RSI): 55.32 (Neutral)
MACD: 0.333 (Bullish)
ADX: 16.63 (Indicates a weak trend)
Stochastic RSI: 55.28 (Neutral)
Supertrend: ₹384.44 (Bullish)
Parabolic SAR (PSAR): ₹385.89 (Bullish)
🧭 Trading Outlook
Trend: Neutral to Slightly Bullish
Recommendation: The stock is trading near its monthly pivot point, indicating a neutral stance. Traders should monitor for a breakout above R1 (₹416.72) for bullish confirmation or a breakdown below S1 (₹356.12) for bearish signals.
BTC trade update of 27 may BTC Trade Update:
For the past few days, BTC was showing signs of distribution — large players were booking profits, indicating a possible trend reversal.
Entry: 10,97,000
SL: 11,20,000
Targets: 10,64,00 ✅ / 10,50,00 ✅ / 10,30,00 ✅
All target 🎯 has successfully done 👍
👉 This was the first idea — all targets have been achieved successfully.
Distribution played out perfectly, confirming the reversal.
Will share next setup soon. 📉📊
#BTC #CryptoAnalysis #PriceAction #TradeUpdate
How Smart Money Work (ICT) Inner Circle Trader@
Youriverse Accumulation, manipulation and distribution
Eventually, this coiled energy resolved to the upside. BTC broke through the upper boundary of the accumulation zone with increasing volume and momentum, triggering a sharp rally and leading to the formation of a new all-time high. At that point, market sentiment turned decidedly bullish, with breakout traders entering the market, expecting continuation. However, the price failed to sustain above the previous ATH for long. Despite the breakout’s initial strength, Bitcoin was unable to establish a solid foothold above the critical psychological and technical level, which has now proven to be a key inflection point.