Market Outlook Time Frame: 4H Trade Type: Swing Trade
1. BTC.D In my opinion, BTC.D needs to rise first to 2.372 or 54.63%. However, in the short term, a bounce could occur because the candle breaking the resistance is small and not strong.
2. BTCUSD I would like to see it move to 65-54 to establish a Higher Low (HL) as a confirmation of a rebound towards 72K. Therefore, when BTC.D rallies and BTCUSD drops, a mini dump occurs (not as severe as a major crash). The impact is expected to be at least 30%, not exceeding 50%. I am looking for a healthy version of this to maintain an uptrend condition. According to the daily chart, it has been moving sideways continuously from February until now. It is time for a rebound and a pump. Each correction is a good opportunity for me to trade. However, if it reaches 62K, that would be ideal—a bear trap first.
3. ETHUSD ETH needs to drop first, indeed, but it remains in an uptrend condition with a rebound expected in the 3.4K - 3.2K area.
4. DXY Regarding DXY, I see three possibilities: If it continues its downtrend, it could reach its support area at 104 - 103.A rebound right at the nearest support or weak swing low, forming a Change of Character (CHoCH).Immediately forming a CHoCH since the gap has been filled and it is time to take the gap above.
WIF is currently in a robust upward trend (uptrend/bullish), highlighted by a Market Structure Shift (MSS) or Change of Character (CHoCH), followed by a Base of Structure (BOS). This sequence confirms the continuation of the bullish momentum. A detailed market structure analysis reveals a Strong Low and a Weak High, indicating WIF as a "HIGH QUALITY SETUP" for intraday trading. Key factors supporting this setup include: - The presence of MSS/CHoCH, indicates a significant shift in market dynamics. - Formation of BOS, reinforcing the bullish trend. - Existence of an Order Block, which represents areas of high buying interest. - An Imbalance/Fair Value Gap near the Order Block, suggesting a price inefficiency that the market may seek to correct. - Presence of Inducement, which is likely to attract additional market participants and amplify the bullish movement.
Given these conditions, the recommended strategy is to take long positions. Here are two setup options with different Risk-Reward (RR) ratios:
Setup 1 (Safety): - Entry: 3.2523 - Stop Loss (SL): 3.1798 - Take Profit (TP): 3.5877 - RR: 4.63
Use a small margin and monitor the market direction closely. The bullish momentum suggests that long positions are favorable, provided disciplined risk management is maintained. This approach enhances the likelihood of successful trades and ensures a sustainable trading strategy.
Time Frame : M15 Type Trade : Intraday Trade Strategy & Technical : Single Time Frame Analysis & ICT/SMC
There is a Market Structure Shift (MMS), also known as a Change of Character (CHoCH), following a preceding Liquidity Grab. Moving forward, it is crucial to anticipate the formation of an inducement to establish a high-quality setup. For this to occur, the Weak Low mustn't be breached after the inducement forms. If breached, the setup becomes invalid.
When examining the larger time frame, the market structure is experiencing an upward trend (uptrend). Therefore, this trade is categorized as high-risk. It is advisable to enter with a small margin and maximum leverage of x10 to avoid liquidation.
Given the complexity and nuances of market movements, it is essential to approach this analysis with a comprehensive understanding of market dynamics. A Market Structure Shift indicates a significant change in market behavior, often driven by substantial shifts in supply and demand dynamics. The preceding Liquidity Grab suggests that market participants have likely sought to exploit areas of high liquidity before a directional move.
To ensure the validity of the anticipated high-quality setup, the formation of an inducement is necessary. This inducement serves to attract additional market participants, thereby reinforcing the subsequent market movement. However, it is critical to monitor the Weak Low closely. If this level is breached, it would invalidate the setup, signaling a potential shift in market sentiment and necessitating a reassessment of the trading strategy.
In light of the current uptrend observed in the larger time frame, this trade involves elevated risk. High-risk trades require meticulous risk management to mitigate potential losses. Entering with a small margin and utilizing a maximum leverage of x10 are prudent measures to safeguard against significant adverse movements and to prevent liquidation.
Time Frame: 4H, 1H Trade Type: Swing Trade, Intraday Trade Strategy: Multi-Time Frame Analysis Technical Analysis: ICT/SMC & SKS
The market is currently in an uptrend. A correction and rebound to the 42-41 range is necessary to sustain this trend, as that area contains a strong Point of Interest (POI). Using a confirmation entry for trading is recommended to ensure the optimal timing and minimize risk.
The market is experiencing a necessary correction to facilitate a rebound and ultimately break the previous high. This correction phase is critical for the health of the uptrend, as it allows for the accumulation of buying pressure at lower levels. In my recent trading activity with this coin, I executed two trades. The first trade nearly reached the take-profit (TP) level but was unfortunately stopped at the stop-loss (SL+) point. Observing the market dynamics, I anticipated a continued downtrend in the shorter time frame (1H) and conducted a thorough analysis, which led me to identify a promising entry point.
It is important to note that while the coin will likely experience a short-term decline, this should not be a cause for concern. Corrections are a natural and necessary part of any market cycle. The coin is expected to resume its upward trajectory in the longer term. The anticipated correction will provide a healthier foundation for the next phase of the uptrend, offering new opportunities for traders and investors. We can effectively navigate these market fluctuations by leveraging multi-time frame analysis and employing technical strategies such as ICT/SMC and SKS. Staying informed and prepared for short-term corrections and long-term gains will enable us to capitalize on the coin's full potential.
Since this morning (today), I shared 4 trading plans, namely $ BEL, $ FTM, $ TON & $ 1 Coin Sideways Does Not Touch Entry Area. Unfortunately 1 Coin Touched Stoploss, I Really Apologize, And Will Try To Correct The Error That Occurred. Thank You #Reinz1002
In TF 1H, the market is in an uptrend (HH-HL-HH-HL-HH), therefore there are two possibilities that we can use to make a profit, namely the higher low is at the first support, or the higher low is reflected at EMA 21.
Trading Setup 1 (Entry Support): Entry: $0.8067 Take Profit : $0.9712 Stop loss : $0.7348