Exciting newsâI took trades on Solana and BTC, and both hit their targets! đ I based these trades on the Inversed FVG Model, which has a 90% success rate according to my analysis.
This model has been a game-changer for me, but always remember to do your own research and assess any trading strategies thoroughly. What are your thoughts on the Inversed FVG Model? Have you had any success with it?
35 minutes till we successfully change the market trend...
As I have said earlier in the post, that If candle closes above the 6500 level, and does (CHOCH), then we will come to bullish (FVG), and bounch back, and will go to take Buyside Liquidity.
Enter on first (FVG), because price does not always come to second fvg (External FVG).
Bitcoin, the flagship cryptocurrency, is currently displaying a symmetrical triangle pattern on the daily timeframe. This pattern often suggests a period of consolidation and indecision in the market. However, it's imperative to approach the situation with caution and vigilance.
Should Bitcoin undergo a breakout to the downside and subsequently close below the critical support level of 60,000, it may signify a notable shift in market sentiment. Such a development could potentially indicate the onset of a bearish phase in the market, prompting investors to reassess their strategies and risk management approaches.
As members of the Binance community, it's crucial to stay informed and remain proactive in monitoring the price action of Bitcoin and other cryptocurrencies. By staying abreast of developments and being prepared for various scenarios, we can navigate the market with greater confidence and resilience.
Let's continue to engage with the market intelligently, leveraging our knowledge and resources to make well-informed decisions in the ever-evolving landscape of digital assets.
Our strategy is yielding positive results as we've now reached the second target level in the BTC market. đ As per our plan, it's time to execute the next step by selling an additional 20% of our holdings. đŻđŻ Let's continue to adhere to our structured approach to optimize our gains. đŒđ° Stay tuned for further updates!"
Exciting news! Our analysis on the BTC market has proven successful with the bearish flag pattern playing out as anticipated. đđŒ
To ensure we capitalize on our gains effectively, I've devised a structured exit strategy. Upon hitting each target level, we'll progressively liquidate our holdings:
đŻ First Target: Sell 20% of our BTC holdings.
đŻđŻ Second Target: Sell another 20%.
đŻđŻđŻ Third Target: Sell an additional 20%.
đŻđŻđŻđŻ Fourth Target: Sell another 20%.
đŻđŻđŻđŻđŻ Fifth Target: Sell the remaining 20%.
This approach allows us to secure profits while navigating the market fluctuations. Are you ready to proceed with the plan?"
đ **BTC Price Analysis: Bearish Flag Pattern Detected** đ
đ **Technical Analysis Overview:** BTC's recent price movement has caught the attention of traders as it forms a potential bearish flag pattern on the charts.
đ **Bearish Flag Pattern:** The formation of a bearish flag typically indicates a continuation of the current downtrend. Traders are advised to exercise caution and closely monitor the price action.
đ **EMA Rejection:** BTC recently experienced a rejection from both the 25 EMA and 50 EMA, adding to the bearish sentiment in the short term.
đĄ **Trading Recommendation:** While the bearish flag pattern suggests a potential downward movement, it's essential to consider other technical indicators and fundamental factors before making trading decisions.
đ **Market Sentiment:** Market sentiment remains a key factor in BTC's price movement. Traders are encouraged to stay informed and adapt their strategies accordingly.
đĄïž **Risk Management:** As always, it's crucial to implement proper risk management strategies and only trade with funds that you can afford to lose.
đ **Stay Vigilant:** Keep a close eye on BTC's price action and remain vigilant in your trading approach.
đŹ **Join the Discussion:** What are your thoughts on BTC's current price movement? Share your insights and analysis in the comments below!
đ **Disclaimer:** Trading cryptocurrencies involves risk, and past performance is not indicative of future results. Always conduct your own research and consult with a financial advisor before making any investment decisions.
Moreover, the price of BTC is finding support at both the 25 EMA (Exponential Moving Average) and 50 EMA on the 1-hour chart. EMA indicators are widely used in technical analysis to identify trends and potential reversal points in asset prices. The convergence of these two EMAs adds additional confirmation to the bullish outlook. đ
Considering these technical factors, it may be prudent for traders to consider buying BTC at current levels. However, as with any investment decision, it is crucial to conduct thorough research and employ proper risk management strategies to mitigate potential losses. đ
Therefore, traders are advised to exercise caution and make informed decisions based on their individual trading strategies and risk tolerance levels. The target price for this bullish setup could be set at $70,000 USD, but it is essential to remain vigilant and adapt to changing market conditions accordingly. đŻ