BTC Bull Run 1.22-6.57% 02 14 2023

Updated
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This strategy is also used Live by Green Lion Capital Social Trading on Zignaly.

As projected earlier, the market experienced a reversal after accumulating enough volume for liquidation. I anticipate that the market will witness another bull run to attract more volume this time since many investors believe that we are gearing up for a major bull run as we did not break the 21k-20k zone. However, this is not the case, and based on current market metrics, the ideal target is $23,500.

For this chart, the estimated entry zone roof is $22,056, and there is a potential upward movement of roughly 6% with a +/-1% tolerance. Confirmations have been made on the 5 minutes chart, 3 minutes chart, and through a private chart.


*** Disclaimer: a second non-public chart layout was used to officially confirm this oversold point.

Safe points to take profit:
T1: 1.22%
T2: 2.86%
T3: 4.82%
T4: 6.57%

Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT, ETHUSDT, BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP, moving averages, and Fib charts.
Chart Count: 8
3min chart confirmation: white MA crossing up yellow while above lowed dotted white line.
5min chart confirmation: vwap greater than lower dotted white line while with three candle confirmations above the white ma.
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
Trade closed: target reached
T1 ad T2 targets reached. T3 and T4 left to go.
Trade closed: target reached
All Take profit targets were reached and exceeded.
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