Concise Summary of Trading System: MyniHorn Direction: Align your trades with Bitcoin (BTC) trend: Up Trend: Long Altcoins (buy low, sell high)Down Trend: Short Altcoins (sell high, buy low) Entry Levels: Mark H12/Swing Highs & Lows: Zones for potential entries.Use Fibonacci (0.618, 0.705, 0.786): Identify Optimal Trade Entry (OTE) zones.Longs: Bullish H12 Order Block within OTE zones.Shorts: Bearish H12 Order Block within OTE zones.Additional Filter: H4 & H1 Fair Value Gaps (FVG) within H12 Ord
Dive into this week's BTC intraday price analysis! In Bangla Using advanced algorithmic techniques, we break down key market trends and potential price movements for Bitcoin. Discover insightful data, predictive analytics, and strategic insights to help you stay ahead in the trading game. Whether you're a seasoned trader or just getting started, this analysis provides the critical information you need to make informed trading decisions. Watch now to maximize your trading strategy and capitalize on Bitcoin's market dynamics this week!
$BTC BTC [+2R] Daily-ERL>IRL Daily SMT with ETH D>H1 Time frame alignment Bullish H1-BB Retest Entry One the Breaker Top SL bellow the Breaker Target 2R +2r achieved
Trader_PKR
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Bullish
$BTC & $BNB looks positively corelated, My POI for the both of the assets are D-FVG+ for long, for $BNB I like to long if it took H1-SSL, then I like to see a H1-MSS+ for the long to execution. $BNB
$BTC & $BNB looks positively corelated, My POI for the both of the assets are D-FVG+ for long, for $BNB I like to long if it took H1-SSL, then I like to see a H1-MSS+ for the long to execution. $BNB
Context: As we know the Crypto market always follows the range analysis, the ranges I have drawn here is year-21 ranges. In this massive PA, the price has been failed the hold the ATH-69807, level & it has been rejected from that level. Now the price is situated in the first Quadrant of the ranges, So now its a million$ question will the price going to hold this level or not?
Lets see applying the Algorithmic price action here.
Monthly: In the Monthly Price we are getting support from a
Meaning: IRL - Internal Range Liquidity ERL- External Range Liquidity
There is a technique to find perfect bias in daily and weekly chart. ICT said market always moves for 2 factor's, To takes the Buy/Sale Side Liquidity To balance the imbalance. Based on the above 2 points we can find out the bias of all financial markets.
Bias Identification Trading Method based on ERL>IRL
This method uses the concept of Internal Range Liquidity (IRL) and External Range Liquidity (ERL) to identify potential bias in the market and guide trading decisions. Identifying Bias: ERL and IRL:Identify the ERL (External Range Liquidity) & IRL (Internal Range Liquidity) in the daily/weekly chart above and below and closest to the current price. ERL & IRL represents an area of potential buying & selling interest in the market. Market always moves in those 2 areas for liquidity. Bias Directio