I will explain the strategy illustrated in the image called "Gap Retest Strategy", which is one of the trading strategies that relies on supply and demand zones, and filling price gaps. Here is a simplified step-by-step explanation:
---
What is a Gap?
A price gap appears when the price suddenly opens higher or lower than the previous closing price, creating an area where no trading has occurred. These gaps are often filled later (meaning the price returns to cover them).
---
Explanation in order according to the image:
1. A bearish gap forms:
The price opens with a large red candle, and a gap appears downward.
This gap means that the price dropped suddenly without trading in that area.
2. Strong decline after the gap:
The price continues to decline to reach a new low.
3. Price retracement upward (return to test the gap):
The price begins to rise gradually and fills the gap.
It reaches the supply area — which is the area where the sharp drop began, and here it is expected that sellers will return to the market.
4. Entry point:
When the price reaches the supply area and fills the gap, this is the entry area for selling (short trade).
The trade can also be reinforced (Add to Position Area) when the price starts to decline again.
$BTC
5. Target:
The primary target is for the price to reach the previous low or exceed it, as shown $ Initial Target
I will explain the best time to sell 1. Price Increase: The price starts to rise and the first peak (Top 1) is formed.
2. Downward Correction: The price drops slightly and then rises again.
3. Formation of the Second Peak (Top 2): The price reaches approximately the same level as the first peak, but cannot exceed it — indicating that buyers have lost strength.
4. Decline and Break of Trend Line: The price begins to fall and breaks the upward trend line (Trendline).
5. Break of Support Area (which was an old resistance): The price breaks the gray area, which is a horizontal support line.
6. Entry Point (Entry): A sell position is entered upon breaking this support.
7. Determining Risk and Reward (Risk/Reward):
Risk: The red area, which is the amount of potential loss.
Reward: The green area, which is the expected profit.
#CryptoRegulation This decision follows the rejection of another more ambitious bill, known as the 'Strategic Bitcoin Reserve Act,' which would have allowed for the investment of up to 10% of state treasury funds and pension funds into Bitcoin and other digital assets. The governor also rejected a third bill that would have allowed government agencies to accept cryptocurrencies as a means of payment for taxes, fines, and fees.
#BinancePizza In 2010, programmer Laszlo Hanyecz achieved a historic milestone by trading 10,000 Bitcoins for pizza, marking the first documented commercial transaction using cryptocurrency.
Both XRP and AVA were traded correctly and with specific techniques until I made a profit from nothing. For details, write a comment and I will respond with the strategies.
$BTC that trend line. Once you get confirmation, just go for a long entry. Also, make sure to click on and trade the coins I’ve mentioned — only then will
The priority order for your portfolio should be that half of your money is in Bitcoin and the rest is distributed among different investments $BTC $ETH
$BTC near the resistance zone. If the price consolidates above $103,650, movement towards $105,000 and higher can be expected. However, if a pullback occurs, the
#TrumpTariffs Futures for Wall Street stocks rose, and the dollar strengthened against other safe-haven currencies. These developments boosted hopes of avoiding a global recession.
Complete the tasks to receive free USDC immediately in your wallet. Make sure to solve the word of the day and claim your reward from the rewards section daily $XRP $OM