BTC Current Movement Ranging.
P.High's (Previous Highs) acts as good Support and resistance level.
4hh & 1D Green Zone Is Buying Zone.
4h Red Zone is Selling Zone.
If No Buying Power showed at 4h Zone BTC will target 1D is safest Entry Zone.
if price went above Red Zone BTC Movement will change to Up-Movement and Vice Versa
Note: 1- Potentional of Strong Buying Zone:
We have two scenarios must happen at The Mentioned Zone:
Scenarios One: strong buying volume with reversal Candle.
Scenarios Two: Fake Break-Out of The Buying Zone.
Both indicate buyers stepping in strongly. NEVER Join in unless one showed up.
2- How to Buy Stock:
On 15M/1h TF when Marubozu/Doji Candle show up which indicate strong buyers stepping-in.
Buy on 0.5/1h Fibo Level of the Marubozu/Doji Candle, because price will always and always re-test the imbalance.
P.High's (Previous Highs) acts as good Support and resistance level.
4hh & 1D Green Zone Is Buying Zone.
4h Red Zone is Selling Zone.
If No Buying Power showed at 4h Zone BTC will target 1D is safest Entry Zone.
if price went above Red Zone BTC Movement will change to Up-Movement and Vice Versa
Note: 1- Potentional of Strong Buying Zone:
We have two scenarios must happen at The Mentioned Zone:
Scenarios One: strong buying volume with reversal Candle.
Scenarios Two: Fake Break-Out of The Buying Zone.
Both indicate buyers stepping in strongly. NEVER Join in unless one showed up.
2- How to Buy Stock:
On 15M/1h TF when Marubozu/Doji Candle show up which indicate strong buyers stepping-in.
Buy on 0.5/1h Fibo Level of the Marubozu/Doji Candle, because price will always and always re-test the imbalance.
Trade active
Now BTC at Strongest Resistance Level. Watch out for any selling pressure to secure profit
Trade closed: target reached
Note
i close because price fake break-out then Marubozu candle showed up if you bought as mentioned with .50 Fibo of that candle you would reach the very bottom of the up going direction then sell at red zone you would had profitable trade easy.I know i may not have much followers and audience but i keep posting my ideas from time to time best luck
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.