JoshShayesteh

Bitcoin Medium Time Frame Analysis

BYBIT:BTCUSD.P   BTCUSD Perpetual Contract
Locally what i am looking at for trades on Bitcoin. If bears want to keep bitcoin heading lower they will want to protect this sellers only box and not start claiming the high time frame value area high of the overall impulse of this move up. Therefore i will be looking for a short around 27k where i have predicted this range using volume analysis. I will be looking to short that with a target of the consequent encroachment of the long wick in confluence with the daily rejection block level, we will fill an area of stacked imbalances as we do so.
A safe entry for a bitcoin long would be claiming the HTF Impulse value area high and looking for a backtest long.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.