BTC next trade setups and levelsmonthly camarilla pivot points. trade and important points on the chart
Intramonth
DXY correction immiment? daily closing above H4 I would look for higher. but maintaining H4 as resistance I would look for correction down to as low as L3 or pivot cpr purple lines. These levels are monthly camarilla pivots
BTC 27 or 35 first? monthly cam pivotswith next camarilla pivot point monthly levels developing we can project the next projected range levels intramonth. usually (not always) it is the case that both sides at least get tested. so its possible next month sees both levels hit. the determining factor will be if we find new resistance at that central purple level or not. what are your thoughts on which comes first?
BTC monthly camarilla pivots Setupsupdate from previous on monthly camarilla pivots. We got the down move to L3. potential for long on L3. stoploss L4. Targets H3 to H5
Daily close under L4 enter short. stoploss L3. Target L5 to L6
Daily close above H4 enter long. stoploss H3. Target H5.
ALL BITCOIN BTC Monthy setups!short H3. Stop loss H4. Target L3 (or lower). only advised if price went there directly without first hitting L3 (ranging play)
Long L3. stop loss L4. Target H3 (or higher)(ranging play)
Daily close above H4 - long to target H5. stoploss H3 (breakout play)
Daily close below L4 - target L5. stoploss L3 (breakdown play)
All analysis done using camarilla pivot points and methods on monthly levels. all trades valid within the month
Link long swing setup monthly camarilla pivotsentrly on L3. stoploss L4. Target H3.
monthly camarilla pivot setup.
Bitcoin two setups on monthly cam pivotIf we find resistance here at H3 and do not break H4 (key breakout level and best level to manage risk from)... we could see a retest to as low as the L3 or lower. I do not view this as the best risk management setup, however it does pose an valid position from which a short hedge position could be utilized.
If price breaks and closes above H4 while healthily finding support above it. I would target H5 with the H3 being the place to manage risk from.
This analysis is done with Camarilla pivot points monthly levels and method and remains valid as long as within the month.
Side note. As I normally would like to use weekly levels more for my swing trades I would like to point out that the next weekly levels have a fairly smaller range coming soon (between 41 and 43) leading me to lean on the more increased possibilities of moves within the larger levels.
BTC. why not to panicwhat you see before you is the linear regression channel on the daily.
the green lines are the camarilla L3 pivot point levels which represent monthly projected range bottom levels
notice a trend of the last 5 months within this channel. and how btc loves to rise from the L3 level and the bottom of the regression channel. the l3 pivot is plotted on the first of every month using previous high, low, open and close. we came down from the H3.. this often happens. I expect we could also rise from the L3 area.
If you are looking for a breakdown its possible you are actually just witnessing a larger projected range in a larger upward channel.
No need to worry unless there is a daily close below 48k
VET MOON targets and stop loss. good risk reward for camarilla monthly pivots for H5 and H6 with stoploss at the H3 level
BTC bitcoin intra month setupsH3 to L3 for bears. invalidation with daily close over H4.
H4 to H5 for bulls. only valid with daily break and close with retest above H4. stoploss at H3 if qualifies.
BTC. statistically high chances of correction to monthly pivotThe last 4+ years have only ever seen 2 months NOT have price test their monthly pivot points (which is around 57k) those months were January 2021 and December 2017. It could always happen a third time. I am just saying... that is over 95% frequency. Easy enough to backtest with standard pivot points monthly levels.
P.S. This does not mean it must happen now. This statistic is valid within an intramonth period.
BTC bitcoin may have one more downswingI believe it might go to 57k. but from where is harder to guage. could manage risk at the weekly H4. With optimal entry at H3 area
The reason I believe it will go to 57k is because that is the new monthly central pivot point area. And over the last 4 years or more... only TWO months did not see price test the monthly pivots.
However if the Weekly h4 is broken on a daily close. I think it may reverse to this point from around 67k instead.
Be careful here reguardless of what you do
BTC bitcoin long setupcamarilla pivots monthly levels. entry L3. stoploss L4. target H3 and/or above
CTK monthly pivots trades setupsIF it comes and finds support on the H4 level H5 would be breakout target. If it losses the H3 then P and L3 at least would be target. Stops for long would be on H3 after H4 retest. or H4 for short after H3 is lost
BTC. weekly and monthly close. two pathsHere is an immediate bullish nd immediate bearish path for btc in the coming weekly and monthly close and it assumes that BOTH the new weekly and monthly pivot points get tested in both paths. the aftermath implications would be different though. using CPR and camarilla
