Following the same plan as in the previous analysis, and waiting for a false bullish move for a sharp fall in btc. We will look for the rebound in the strongest OB it has to absorb all the liquidity it can before starting its fall , again we have a good R.R.
It is a bit far from the entry point and I don't know if we will be able to get in. If BTC pushes one last time to 30k forming my beloved M pattern I think this short could work perfect plus we are talking about a R:R above 1-6. So we don't lose anything for trying, here we go.
We are again facing a scenario of an OB with a lot of resistance, we trust in it and open a long and a SL below the OB leaving room for a fakeout.
Looking for a double top and rebound in the upper OB , as you can see it is a great OB! a short entry in this area is a good idea due to the low risk and the proximity of the SL , which gives us a great R.R.
Order Block Bearish has not been mitigated trend right now is bearish and may go for order block bullish below, if not mitigated we may see a bounce to order block in which we open short
Looking for a double top and rebound in the upper OB , as you can see it is a great OB! a short entry in this area is a good idea due to the low risk and the proximity of the SL , which gives us a great R.R.
As you can see in 1h timeframe the bullish order block has not been mitigated, we can see a rise until the next order block, if the next order block closes above the candle, we can see a bearish bounce and continue looking for the next order block, if it breaks strongly the bearish order block can go directly to the next order block. Entry: 0.783-0.791 SL:...
It seems that bitcoin could not hold the OrderBlock that was in the area of 28,000, sales ended up completely mitigate this OB (quite rare as the dollar continued to fall and bitcoin should not have fallen and broken the 28k with the USD in bearish mode) But well things happen. And we fell directly to the next OB which was in the area of 27200, comment that this...
LONG LSE:PAXG , Many reason FVG Bullish Bounce in order Block Acceptable volume And it has some delay in its rise compared to other altcoins. Problems: Its trend is still bearish so use little capital.
Rebound after a direct hit on the orderblock SQZMOM shows the end of bearish momentum
Rebound after a direct hit on the orderblock SQZMOM shows the end of bearish momentum
CMON BTC DONT LOSE THE 30.000 zone and let this altseason start.
Here we go with another risky long waiting for a little alt-season if BTC holds 30.000 all the weekend.