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Jimmy_Crypt23
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Bullish
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๐๐๐ I SHARED THE
$FARTCOIN
HERE. IF YOU TOOK THE TRADE YOU SHOULD BE IN GOOD PROFIT RIGHT NOW.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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Jimmy_Crypt23
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I agree with your opinion but take a look at the weekly candle closure first. Nice analysis.
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๐ฅ๐ฅ๐ฅ๐ฅ$BTC LIQUIDATION HEAT MAP ANOTHER MOVE COMING FOR Bitcoin. Following the recent pump to 124k price levels, BTC made a significant retrace to the downside and closing the week with a bearish pin ๐ bar pattern. Taking a look at the liquidity heat map on BTC, we can see that there is a cluster of buy-side liquidity resting above 120k price level which needs to be taken out before we can see any further drop in price. ๐จThe weekly closure on BTC is very significant as we should pay close attention to lower time Frame price action. As we know from statistics, the month of August has usually been a red month for Bitcoin, so if you are looking to get in to a long position for Bitcoin now is not the right time for that wait for price to reach the 115k to 110k levels before taking any buy position on Bitcoin. โTHIS IS NOT A FINANCIAL ADVICE, DO YOUR OWN RESEARCH ๐ซถFOLLOW ME FOR MORE UPDATE.
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๐ฅ๐ฅ๐ฅ $BTC Weekly Liquidation Heat Map. BTC made a sharp move to the 124k price and rejecting from it. Let take a look at the liquidation heat map on the weekly perspectives we can see that the buy side liquidity has been taking out and BTC is aiming for the sell side liquidity resting below 115k to 110k levels. But for the mean time and looking at the price of $BTC on the lower time frame we can see that there is still some liquidity around the 120k price which still needs to be taken out before we can see price dropping back to the downside. NOTE: I know a lot of people will not accept what am trying to say, but let's pay some close attention to the weekly time frame price action and you will understand what am trying to say. In trading understanding price action is crucial as understanding risk management. We might see BTC even drop lower than 110k as there a lot of price inefficiencies that needs to be filled. ๐FOLLOW ME FOR MORE DAILY MARKET UPDATES AND SIGNALS.
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๐ฅ๐ฅ๐ฅSIGNAL ALERT SHORT $MYX ๐ Trade Type: Swing Trade ๐ SELL $MYX โญEntry Price:1.8705 โญTake Profit: 0.4420 ๐ณStop Loss: 2.500 ๐You can use any leverage from 5x to 20x ๐Risk what you can afford to lose ๐Follow me for more signals and market updates.
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๐๐$ETH I shared the trade here Yesterday, when your believe in yourself and your strategy,you will always win in trading
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