SparrowTradersDiary

SparrowTradersDiary

Where will the price of the asset go next, given that the previous phase worked out perfectly?!

SparrowTradersDiary

shorts on dot filled the imbalance on the daily timeframe by 0.5 removed liquidity on the hour, after 20 minutes the closing of the hourly candle will allow you to enter the minimum stop position

SparrowTradersDiary Updated 

There will be a lot of volatility today and going short is very risky. On the nose is expiration in bitcoin futures, a report on US GDP that will add a swing to the market. But technically, bitcoin is ready to decline, I don’t expect much above 29500, but it’s possible on volatility after reports. If the price is above 29500 and hits the stop, I will go short again.

SparrowTradersDiary

A sweep of the level of 4080 will give a reaction and we will go down, in general it is not yet clear why, after yesterday's negative report on GDP, the index continues to grow. Bull trap.

SparrowTradersDiary

after liquidity was removed from below, they reached the upper limit of the trading range, after manipulation from above and the start of a decrease in bitcoin dominance, a good altseason may turn out

SparrowTradersDiary Updated 

I think that liquidity was removed from above on the RSI there is a divergence - down

SparrowTradersDiary

for almost a year the link has been accumulating in a narrow range, the exit will be as fast and unexpected as xrp

SparrowTradersDiary

Buying guys?) Level test in the wedge, good risks for both long-term and local purchases.

SparrowTradersDiary

Convergence and a bullish wedge on the weekly timeframe seem to hint at a reversal. A volume profile at $9 would magnetize price into the rebound of the wedge as well. Higher into the $12-13 area, the price hike could be seen as a positive reversal of the entire market.

SparrowTradersDiary

A huge convergence formed on the weekly timeframe has started to work out on the U.S. Industrial Average. The Fibonacci expansion correction already corresponds to 1.618, which is enough to end it. We closed the gap formed by the candlesticks of the previous two trading weeks. Last week's trading volume was climactic, the highest since June 2020. There is also a...