BTCUSDT
BTC | 1H: CPI PlanCPI data will be released today. Looks like CRYPTOCAP:BTC is getting ready to pump. Expect a bounce in the crypto market as the CBOE:SPX is on a strong rise. Only 0.5 risk today. I hope this range will be broken soon. Are you ready?
Previous day:
VAH: $30357
POC: $30528
VAL : $30397
Date: 12 July 2023
#BTC 🟢 M15 Buy (Bitcoin). ImbalanceI planned to open buy positions near the lower border of the H1 range (30K).
But since the imbalance formed a reversal pattern, he took advantage of the situation offered by the market. By the way, at the moment a short situation is brewing in the market.
The price was below the market opening. (✔️)
The price was below the level of the First Buyer of exchange options. (✔️)
The price was at the lower boundary of the H1 range. (✔️)
M15 imbalance. (✔️)
Second target above H1 range (⚠️)
input: 30435 (input on imbalance test)
stop: 30175
tp-1: 30697
tp-2: 31221
#BTC 🔴 H1 SHORT (BITCOIN) Possibly W1 PPR ⬇️Interesting developments in Bitcoin. It seems that they tried to break through 31k several times, but at the same time, the 30k resistance worked out many times.
But the last powerful impulse on the background of FUD took out the stops of all the longists, who stubbornly gained their positions in the LONG for a long time.
We have been moving in the H1 range for a whole week, and most likely, the last downward impulse predetermined the current situation in BTC.
At the D1 resistance, and the upper limit of the H1 range, a Double Top has formed, a Global Imbalance Level, which the price has already tested. And this gives an excellent signal to open a sell position. A retest of the imbalance is still possible, after which, with a high probability, we will go into the long-awaited correction, to the lower border of the H1 range (29982) and up to the previous Impulse Level (28737)
p.s. In addition, on W1 we have a hint of the formation of a Bearish PPR, the implementation of which will definitely send the price to the level of 28.8-28.6K.
p.p.s. In addition, the current Bitcoin Futures Contract on the Chicago Exchange expires on 07/01/2023. Accordingly, there should be significant volatility in the market.
input: 30605 (on unbalance retest)
stop: 31227
tp-1: 29982
tp-2: 28737
BITCOIN
BTC | 1H: Today PlanIt seems like a big move is coming. The probability of a breakdown in crypto is high. Looking for short today. CRYPTOCAP:BTC will hunt the 31k and Next 29k? Both DXY and SPX are bullish. I don't know which is fake action. Lets see!
Previous day:
VAH: $30764
POC: $30642
VAL : $30384
Date: 28 June 2023
BTC UPDATE 31k is our next target
Looking at the big daily candles , it's a very very strong momentum. Which should break above the swing high.
But bair in mind ,We also in weekly supply zone. Which is a strong resistance zone.
As we can see the increased volume,hope it sustain the momentum.
Again don't fall in any trades untill BTC becoms stable.
Btc Dominance is high, Alts won't be reactive to btc proportionally.
Let's wait and watch untill we see the breakout of 31k or a reversal.