Jupiter made a new reversal structure, a new HH at H1 tf. Fibo extension measured exit TP 1 and TP 2.
DXY on bearish weekly structure. TF H1 on bearish structure to hit TP 1 before continue to TP 4 on previous bullish structure. Important direction to decide BTC movement.
Price into weekly bearish engulfing. Tested twice high potential for another rejection. However current buy structure exceeding TP 1 and indicates heading to TP 2 zone. When price heading to TP 2, I'm expecting BTC to create a double top formation in monthly time frame.
I'm waiting price to bounce inside bullish engulfing to clear the demand before starting to reject inside swap zone and begin the down trend. Exit and TP level measured on the chart. Current short structure due to H1 made a new Lower Low. Gold not yet testing its ATH. Prepare for this.
BTC weekly candle close as giga chad bullish candle. The market direction is now as bullish sentiment. However there is a potential of re entry long, now the H1 structure on short position. I'm looking to reentry long at exit 2-4. Reminder. Daily and weekly structure is long meanwhile monthly still waiting to close as a new higher (invalidation of all short to...
Gold weekly still on long structure. Price now closing to weekly demand zone. With war sentiment, can price hit ATH in this year?
BTC daily timeframe price action shows a new lower low had formed. The arrows on the chart are setup possibility.
H1 has dominant break, however without complete structure at HTF to star a reversal. Trading plan: 1. sell now at bearish engulfing with exit at fibo extension 1,2,3 2. buy at wick zone.
Daily demand/bullish engulfing has been broken and create a new LL. High possibility of trend reversal in play. Exit level on the chart using fibo extension to measure impulse and exit.
Gold made lower low at H1 timeframe. Indicate possibility of reversal structure take in place. However market sentiment still bullish on H4 timeframe and above. Fibo on the chart is measurement for exit or take profit.
No sell structure on H1 yet, however the price has broke uptrend trendline. Short opportunity to retest nearest support and decide its direction.
Very bad market condition, BTC failed to bounce inside monthly bullish engulfing. High seller pressure.
A sell structure on H1 showing possibility of continuation DT to below 30USD.
A high possibility of halt uptrend from SBR, and go back to demand zone (bullish engulfing) on daily tf.
Waiting for spring/bear trap/false breakout below 30K at D1 timeframe.
ETH H4 at risk to reverse, bounce from level ext4 and test nearest resistance.
BTC bounce from D1 30K psychological support level, H1 created new HH, currently on buy structure. TP 1 and TP 2 on the chart using fibo extension. HODL.
Bullish forecast expecting in a long run. D1 making higher low. Previous big round number 30,000 support test appear positive. I still hold spot at 30,000 and 32,000. Hold together guys!