Knowing the daily bias (short-term trend direction) is crucial for making profitable trades in crypto.

What is Daily Bias?

Daily bias refers to the dominant short-term trend (bullish, bearish, or neutral) that helps traders decide whether to buy, sell, or wait.

3 Types of Market Bias:

  1. Bullish Bias → Price is likely to go UP (Buy/Long opportunities).

  2. Bearish Bias → Price is likely to go DOWN (Sell/Short opportunities).

  3. Neutral/Ranging Bias → No clear direction (Wait for breakout).

📊 5 Ways to Determine Daily Bias in Crypto

1. Check the Higher Timeframe Trend (HTF Bias)

  • Daily/Weekly Chart → Determines the primary trend.

    • Price above 200MA (Moving Average) → Bullish.

    • Price below 200MA → Bearish.

  • Example: If Bitcoin is above the 200MA on the daily chart, the bias is bullish.

2. Key Support & Resistance Levels

  • Price holding above support → Bullish bias.

  • Price rejecting resistance → Bearish bias.

  • Breakout above resistance → Confirms bullish trend.

3. Candlestick Patterns & Momentum

  • Bullish Signals:

    • Higher highs & higher lows.

    • Green engulfing candles, hammers.

  • Bearish Signals:

    • Lower highs & lower lows.

    • Shooting stars, bearish engulfing.

4. Volume & Order Flow Analysis

  • Increasing volume on up moves → Bullish confirmation.

  • High sell volume at resistance → Bearish reversal likely.

5. News & Sentiment Analysis

  • Bullish Catalysts:

    • ETF approvals, institutional buying, Bitcoin halving.

  • Bearish Catalysts:

    • Regulatory crackdowns, exchange hacks, macroeconomic fears.

  • Tools:

    • CryptoPanic (News aggregator).

    • Fear & Greed Index (Market sentiment).

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