Get started

Ictstudent

Clarity on your chartsIn this analysis of Bitcoin, I intend to use SMT (Smart Money Trading) concepts to read the price and understand what the chart is indicating. Based on this analysis, I believe that Bitcoin's price will continue to experience strong downward movement until the second quarter of 2024, providing an opportunity for investors to make potentially profitable investments "I am a new ICT student who is still learning and mastering the concepts. I practice your ideas daily, analyzing markets such as the S&P 500,Nas, US30 commodities like gold, and cryptocurrencies. Stay tuned for more updates!" Follow for more.
BITSTAMP:BTCUSDShort
by digas_069
1
Monitoring price in Wednesday London & NYC sessions.Journal : WHAT I SEE : -1WTF- Trading in lower end of a consolidation. -1DTF- Daily candle Hight ran @1.21347 by Feb. 28 (Tuesday) Hight in NYC. {could be high of the week}. Price then collapsed bellow candle open. -240TF- After a run on LQDY @1.20696 ( Feb.23 high NYC open) Price went lower after failing to break the INTERMEDIATE HIGH @1.21478 of Tuesday NYC open Feb. 21 2023. Market then aggressively displaced lower breaking the Feb. 28 2023 @1.20272 Low. 60TF- Friday Feb. 17 2023 Low @1.19151 and Monday Feb. 27 Low @1.19225 forming an equal lows area. Tuesday Feb. 21 2023 High @ 1.21478 and Feb. 28 2023 High @1.21434 forming an equal high area. LQDY Ran on Feb. 28 2023 @1.21434. Price now broke below short therm Low of Feb. 28 2022 @1.20272. WHAT I THINK IT MEANS : Market could be held at the 240 FVG over night. Since the market ran a sell stops LQDY lvl and rapidly eroded bellow the short therm low, it’s possible that the market entered a sell delivery model. Which would be targeting the Jan. 06 2023 Breaker’s .25 @1.19081 or .50 @1.18900 figure on the 4 breaker’s quarters. MONITORING HOW PRICE WILL REACT TO THE OVERNIGHT HIGHS AND LOWS
Short
by AlvynCarter