Hey traders and investors!
Selecting the right timeframe can reveal a clear picture of price movement. But don’t forget — the higher timeframe always has priority.
🔹 On the 12H, Bitcoin is in a sideways range.
The move from 78,500 to 95,000 could’ve been anticipated — a buyer Decision candle (IKC) formed at the lower boundary of the range gave a strong signal.
The boundaries of the range are marked with black lines on the chart.
What about now?
🔸 No signs of strong selling.
🔸 The last Decision candle (IKC) at the top of the range belongs to the buyer.
🔸 The buyer has already taken out its high.
📉 For shorts — we need seller strength, ideally with price moving below 91,660.
📈 Longs can be considered on lower timeframes, aiming for their local targets.
Not every timeframe gives clear context.
What timeframes do you use to analyze and find trade setups?
This analysis is based on the Initiative Analysis concept (IA).
Wishing you profitable trades!
Selecting the right timeframe can reveal a clear picture of price movement. But don’t forget — the higher timeframe always has priority.
🔹 On the 12H, Bitcoin is in a sideways range.
The move from 78,500 to 95,000 could’ve been anticipated — a buyer Decision candle (IKC) formed at the lower boundary of the range gave a strong signal.
The boundaries of the range are marked with black lines on the chart.
What about now?
🔸 No signs of strong selling.
🔸 The last Decision candle (IKC) at the top of the range belongs to the buyer.
🔸 The buyer has already taken out its high.
📉 For shorts — we need seller strength, ideally with price moving below 91,660.
📈 Longs can be considered on lower timeframes, aiming for their local targets.
Not every timeframe gives clear context.
What timeframes do you use to analyze and find trade setups?
This analysis is based on the Initiative Analysis concept (IA).
Wishing you profitable trades!
Wishing you profitable trades!
Clarity on the Chart. Smart Trading Decisions.
No signals. Just clean structure and context t.me/user_friendly_trading
Clarity on the Chart. Smart Trading Decisions.
No signals. Just clean structure and context t.me/user_friendly_trading
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.
Wishing you profitable trades!
Clarity on the Chart. Smart Trading Decisions.
No signals. Just clean structure and context t.me/user_friendly_trading
Clarity on the Chart. Smart Trading Decisions.
No signals. Just clean structure and context t.me/user_friendly_trading
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.