Analytics BTC🪙
#Bitcoin #binance $BTC
Growth?

Globally: Bitcoin is in a dual situation, on one hand - the asset has started an upward movement and formed a support zone (60700), on the other hand, a strong support zone (59000) still has the potential to attract the asset. Let's find out what lies ahead.

First, let's start with - the asset has started an upward movement and the current perspective is 62300.

Does this mean that we are definitely expecting growth?

In my view, there is still a possibility of a sharp drop to 59, for the purpose of long liquidations, after which we will see growth.

📈📈📈

Locally: asset growth

Resistance: 65000,73800
Support: 59000, 56500

What is an order grid?

🐾 Trading Strategies 🐾

An order grid is a series of pending orders placed on both sides of the current price at a certain interval. Strategies using order grids are also called grid strategies (from the English "grid").
The order grid has become a fairly popular trading strategy. Primarily due to its simplicity, it is easy to understand and visualize, but it is important to remember that it does not provide guarantees, just like any other trading strategies.

🐾 Trading strategy using an order grid:
We wait for a strong directional price movement, regardless of which direction it will be. Such a grid, for example, can be set before the announcement of important news, when it is known that they will almost certainly affect the price, but it is not yet clear in which direction, or during sideways trading, when it is unclear in which direction a breakthrough will occur.

In this case, an order grid is placed with pending buy orders above the sideways movement and symmetrical sell orders below it. The essence of this arrangement is that if the price breaks out of the sideways movement in a certain direction, it will trigger corresponding orders in the same direction (upward - for buy, downward - for sell). Even if initially the price "gets tangled" by triggering both buy and sell orders, in the future (assuming a trending movement) it will bring the overall position into profit.

🐾 Key parameters of the order grid:
- The position sizes of each pair of opposite orders should be equal.
- The number of orders is chosen depending on the situation and is always such that the number of sell orders equals the number of buy orders.
- The target profit level is the level at which all orders in the grid are closed.

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BTC Analysis 🐾🐾

Beginning of Correction?
Globally: Bitcoin is in an extremely interesting situation - the asset reached 65 thousand in the morning but failed to hold onto this level and began to demonstrate a corrective movement. What lies ahead - let's delve into it.

So, let's start with the fact that Bitcoin has hit a support block (62.5-63.5 thousand) which is preventing it from dropping further.
Will the block hold our asset?

I believe it will. Currently, it's important for Bitcoin to establish additional local support zones that will contribute to its future growth.

📈📈📈
Locally: I anticipate a minor spill as shown in the chart followed by subsequent growth.
Resistance: 65000, 73800
Supports: 62130, 56500
$BTC $USDC
#Bitcoin #BTC

BTC Analytics 🐾🐾

To the moon?

Globally: An extremely interesting situation is unfolding in the market. Let's delve into it.

So, first of all, what we should start with is to pay attention to today's asset growth (more than 5% net upward movement).

Should we expect further growth?

I believe the asset needs a small correction, which will give it room to grow upwards.

📈📈📈

Locally: I expect a slight decline in the asset, after which growth will begin.

Resistance: 73800
Support: 56500
$BTC #analytics #BTC #Bitcoin

Let's delve into one of the scariest conditions 😉
Tilt (I've noticed that many of you deal with this, despite a 95% success rate in trades).

What is tilt? 🤔
Tilt is an emotional state of a trader, triggered by strong emotions from takeovers or stop losses, during which they begin to lose control over their trading and make many mistakes. According to one version, the term "tilt" to denote a psychological state originated among enthusiasts of slot machines. This term gained wide popularity when it entered the active vocabulary of poker players. Nowadays, this concept is used not only in gambling but also in other activities related to competitive processes.

Causes of tilt - why does it happen? 🔍
The most common cause of tilt is loss, especially when it's public and humiliating. It can shake the psychological balance necessary for an objective perception of the market. Traders experience the most negative emotions when faced with a stop-loss in a winning situation. For example, when you enter a trade after the initial takeovers, thinking it will definitely continue, but then the market suddenly reverses. Another situation is the "victory tilt," which occurs as a result of a positive trigger, such as unexpected wins or a lucky streak. Strong positive emotions can be just as dizzying and harmful to trading as negative ones. Tilt and victory tilt can lead to the same consequences.

Tilt happens to everyone. 👥
Regardless of how emotionally resilient you are, tilt happens to everyone; being completely indifferent to everything is impossible. The key awareness is to recognize when this moment of emotional instability occurs and to heed the advice I've given. Distract yourself, analyze mistakes, and devise a strategy for the future.

I hope this information, as always, has been helpful to you and will help you avoid mistakes and bitter defeats in the future. The best way to control your emotions in crucial moments is through self-knowledge and understanding, so keep developing and stay hungry for new knowledge.

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$BTC $ETH

🐾 Pennant Pattern 🐾

A pennant is a continuation pattern used by traders to forecast upcoming market movements. This pattern resembles a triangle formation, but there are several important differences between them that are worth knowing.

A pennant pattern is a continuation formation that occurs after a significant upward or downward movement, followed by a brief consolidation period, and then the movement continues in the original direction. It appears as a small symmetrical triangle made up of multiple candlesticks. Depending on the trend direction, the pennant pattern can be bullish or bearish.

Features of the pennant pattern:

- Flagpole: The formation of a pennant always begins with a flagpole, which distinguishes it from similar patterns (such as the symmetrical triangle). The flagpole is the initial strong movement preceding the appearance of the symmetrical triangle on the chart.

- Breakout levels: In fact, there are two breakout points in the pattern; one at the end of the flagpole and another (arguably the main one) at the end of the consolidation period, after which the upward or downward trend continues.

- The pennant itself: The pennant is a triangular formation formed during the market consolidation between the flagpole and the main breakout. Two converging trend lines form the triangle - the pennant.

Bullish Pennant

A bullish pennant is a candlestick continuation pattern that appears during strong upward trends. The pennant is formed from an upward flagpole, a consolidation period, a subsequent breakout, and a continuation of the upward trend. Traders anticipate a bullish breakout above the resistance level to capitalize on the renewed bullish momentum and open a profitable trade.

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$BTC $SOL $PEPE

🐾 Point of Interest 🐾

Point of Interest (POI) - is an area of interest or potential price movement reversal where a trading setup is applied to open a position.

POIs are identified on higher timeframes for reference and refined on lower timeframes to select the trading setup. POIs typically form within supply & demand zones on the higher timeframe. This could include:

• BTS/STB;
• order block;
• breaker block;
• sponsored candle;
• Wyckoff, etc.

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$BTC $SOL $ETH

Sponsored Candle (FU candle) is a candle that reflects liquidity removal manipulation on the chart, leading to a trend reversal. It often triggers a strong reaction upon testing (mitigation) in the future.

The schematic representation of a sponsored candle often resembles a candle with long shadows, sometimes significantly exceeding the height of the body.

Aggressive liquidity removal and structure breakdown on increased volumes indicate smart capital manipulation.

Sponsored candle is used as a tool for opening a position.

Similar to an order block, the ideal zone is considered to be 0.5 of the sponsored candle body, but in practice, price often reacts initially to the shadow and later to the body of the candle.

A secondary test of the sponsored candle body typically indicates that the large volume of smart capital orders used for manipulation couldn’t be closed (mitigated) on the first attempt.

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$BTC $DOGE $SHIB

🐾 Supply and Demand Zone 🐾

The Demand Zone is the last downward movement, consisting of a single candle or a sequence of candles (STB), before moving upwards.

The Supply Zone is the last upward movement, consisting of a single candle or a sequence of candles (BTS), before moving downwards.

Testing the demand/supply zone or mitigations. When the price reaches in any direction and on any timeframe, smart capital leaves positions open, which initiated movements to gather liquidity: BTS and STB. Such positions become unprofitable in the event of a trend reversal, so they must be closed - at a loss or at a profit. Otherwise, smart capital will suffer losses, which is highly unlikely.

Thus, to close unprofitable positions, smart capital opens new positions to deliver the price to supply/demand zones, where the mitigation process occurs - closing old positions that initiated manipulation.

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Order block in trading.

An order block is a candle in which smart capital has traded a large volume with the aim of accumulating a position.

Visually, it appears as the last bullish candle before an impulse drop and the last bearish candle before an impulse rise. The order block is a derivative tool of BTS/STB, as it follows the same logic in both formation and subsequent reaction (mitigation).

A correct order block is one that has been fully absorbed by the impulse movement and has small shadows. The candle's shadow does not affect the order block itself.

When returning to the order block (mitigation), the price is highly likely to react and reverse.

In practice, the price often receives a reaction from the body of the candle, while the shadows are ignored. It is considered that the main volume of orders/large capital was traded within the candle's body.

The ideal zone for reaction is considered to be 0.5 of the candle's body height.

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$BTC $SOL

What is a false breakout?

False breakout is a situation on an asset's chart where buyers or sellers manage to break through a strong level, but fail to hold above it, after which the price reverses.

Often, false breakouts have two reasons, namely:
🐾 market panic at highs and lows;
🐾 price manipulations by market makers.

Identifying market panic is much easier than manipulations. It often occurs at extremes - at trend highs or lows. At such moments, beginners, and even some experienced traders, often succumb to FOMO, excitement, and hope that the price will continue to move in the desired direction. In such cases, candles on hourly and four-hour charts fail to close above the reached level and form tails.

The situation with market makers can arise at any time and at any point in the trend, so it poses a particular danger. If large participants want to gather cheap contracts or "shake out the weak hands", a false breakout is depicted on the chart.
Usually, market makers collect profits near levels where the majority of stop orders are placed. In simpler terms, they liquidate positions, gathering liquidity.

A false breakout can always be identified by one key factor - low trading volume. If a trader sees an impulse but the volume indicator is at low values, they have two options - either not to enter a trade or to open a trade in the opposite direction of the impulse.
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Compression (Low Resistance Liquidity Run)

🐾 Compression or LRLR is an efficient price delivery method that leaves fresh liquidity behind highs/lows.

🐾 The main feature of compression is that the price traverses demand and supply mitigation zones and/or covers price imbalances (fully or more than 50%).

🐾 Compression forms a liquidity trendline that will act as a catalyst for aggressive price movement in the future. The idea behind compression is that efficiently delivered price does not require demand and supply mitigation zones (as smart capital has already conducted all necessary manipulations earlier).

🐾 Therefore, it can be assumed with the highest probability that the compression zone will create the least resistance for the price.

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🐾 The “Adam and Eve” pattern is a reversal formation in a downtrend. A sharp and deep first base with high volume (Adam) and a gradual rounded second base with decreased volume form the pattern. Price action then consolidates in a narrow range, and the market instrument confidently breaks above the neckline.

🐾 When Eve’s peak transitions into a flat range, it represents an excellent entry point, but only after the breakout.

🐾 In essence, working with this pattern is no different from a double bottom or double top:
Entry - after the breakout of the neckline or on a retest of the breakout level.
Target - the target is equal to the height from the pattern’s low to the neckline.
Stop - after entry below the breakout level or local minimum.

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