A couple of days ago I shared this analysis of $BTC where I predicted that the price would go to look for liquids in an order block zone, now that it is in here we have to see if it remains in an upward trend until the other order block or if, on the contrary, The structure breaks and a downward trend begins, at the moment everything points upward.
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Miguel Peña
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Bullish
What I see is simple and I am going to put it into practice.
The price is in a clear bearish trend and has just broken its strongest support, leaving behind two order blocks and a clear increase in volume in the support zone.
What I am going to do is that now in this area I am going to look for a price break in 1h or 30h to enter the retest, bullish if it is above the support (which is the safest) in case the price tries to fill those obs , but if it is a clear bearish break and the volume is maintained I will go down.
But at this moment there is an upward break, if it continues I will enter and exit little by little in the red and green zones.$BTC
Don't worry if you want to invest and don't know how, you can comment here and I will contact you to give you a couple of tips before you start losing all your money.
Now, if you are still suspicious, remember that in my profile I predicted the rise of #BTC from 62k to 64k and it has already come true.
#Binance again winks at the Grass token, implying that it will soon be listed among the platform's destro cryptocurrencies. On his official Twitter account he posted this image with the message "touching the grass" and it is speculated that the token will be released between June and July of this year. In the first comment I leave you the link for you to register, install the extension and start farming this token, just click on the connect button and it will give you the steps to follow #ConfianzaDelMercadoHoy
According to my own experience, I never buy or sell at times of market sentiment, I always wait for the sudden drop or rise to end and go in the opposite direction since the market will always come back to look for more market orders and liquidity. $BTC
The way I trade is very simple, because first I identify which zone of the market I am in: accumulation or distribution, after identifying my zone, which is the second, I look for clear trends, whether bearish or bullish, and then I look for the order blocks that the price leaves in the areas with the greatest volume, when I identify this, I wait for the price to arrive and make a break in the direction of the distribution and I enter with half of an operation and in case there is a retest I come in with the complete operation.
Once in trade, I check the volume and fractionally exit support and resistance zones, until the price returns and leaves another order block and continues the cycle always in favor of the market.
What I see is simple and I am going to put it into practice.
The price is in a clear bearish trend and has just broken its strongest support, leaving behind two order blocks and a clear increase in volume in the support zone.
What I am going to do is that now in this area I am going to look for a price break in 1h or 30h to enter the retest, bullish if it is above the support (which is the safest) in case the price tries to fill those obs , but if it is a clear bearish break and the volume is maintained I will go down.
But at this moment there is an upward break, if it continues I will enter and exit little by little in the red and green zones.$BTC