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KTUNI254
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KTUNI254
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$BTC A consolidation above or below an area of value gives us an edge of a possible big move ,this is because a consolidation means that big players are accumulating or distributing. What doe's that Mean? I expect price to remain around this 108000$~105000$ swing high zone for 1,2 or even more days . This will be an indicator that price is building up for a reasonable breakout OR reversal . 120k leg up or back to 90k level. What to focus on? Lower timeframe (2,4) hr patterns & weekly candle . When price is building up it tends to form chart parttens in our lower timeframe which can be used as an edge to predict next move Conclusion. This is an area to pay attention to and remain patient as the price accumulates enough liquidity for the next reasonable move to happen. Based on the idea above we can execute successful trades because this is a (O.T.Z ) to give us a start of another lower timeframe trend . Iwill provide updates on my day trade setups if available Good trading week.
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$BTC #SCENARIO B of my previous post is playing out perfectly .. 92500 level be my next area of interest for another bounce up or a more push to the 90000 psychological level ... keeping an eye on this to execute successful trades as shown in my chart. join my free telegram channel https://t.me/KTUNI254ltd for frequently posted content and live streaming as I share my screen "charts " trading live account every day or DM @KUTUNI254 telegram.
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$BTC $BTC looking good as it prepares for a higher probability breakout based on LIQUIDITY analysis & price action analysis ..if this happens ; then scenario A is we will trend to 108000$ range the next few days.. scenario B is that if the breakout will be just a liquidity grab then we will retest 92500 range join my FREE TRADING ANALYSIS telegram channel where i stream live and share my screen as I analyse markets everyday search for my TELEGRAM PROFILE @KUTUNI254 in telegram searchbar for you to join my free posted content channels ... join my free community
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#write2earnonbinancesquare #BTC_MARKET_UPDATE 🚨 ALERT 🚨 If today's candle closes below 59000 zone the bears will find a good reason to short the market ,.. Today is the first day of the month and 1D , 1W &1M candles shows some indecision and this might give us a trend continuation to the down side if today's candle closes below 59000 , 1w&1M candles shows us a bias to the down side because 1M has given us an engulfing pattern which might be followed by a "+1" red candle to confirm a down trend for the next few months . Again if the market closes above 59000 this will give the bulls some hope because we might enter into a consolidation in our 4H chart which might be our last accumulation zone before the market move's up to a new all time high during the coming months.. For day traders 59000 & 60000 zone might be a strong zone to hold a consolidation before we experience a liquidity swap from one of the sides #stayalert because at this point blowing your account is easy..
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