- TP1 TP2 โ - Bounce bottom of uptrend channel - Break top of downtrend channel - Trend reversal (bullish) On LTF we can see the top of downtrend channel retested.
This is a good sign, but, it can be a trap. Why a trap?!?! Keep in mind thereโs elections next week and a lot of volatility incoming.
Personally Iโll take a few days of trading next week.
The Two Forces That Drive Every Market Move: Liquidity and Imbalance
As a trader, itโs critical to understand why the market moves the way it does. At its core, the market only ever moves for one of two reasons: to seek liquidity or to fill an imbalance. Whether youโre a beginner learning the ropes or an experienced trader looking for deeper insights, these two forces shape everything in trading. Let me break it down for you. 1. Seeking Liquidity What is Liquidity? Liquidity refers to the amount of buy and sell orders in the market. Simply put, markets need liqu
#BTCโ 3h to next close but so far respecting Bearish FVG and invalidated (in progress) Bullish FVG.
Always wait for confirmation! $BTC
LIVE
vsanchez
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Bearish
Bitcoin has been channeling since the last ATH ๐ First weekly FVG tested at $49,200! ๐จ Last wave down could target between $49,200 (double bottom) and $45,700. Big moves coming! ๐ #BTCโ #Bitcoinโ #Crypto $BTC
Bitcoin has been channeling since the last ATH ๐ First weekly FVG tested at $49,200! ๐จ Last wave down could target between $49,200 (double bottom) and $45,700. Big moves coming! ๐ #BTCโ #Bitcoinโ #Crypto $BTC
Solana is nearing the crucial 0.618 Fib level at $80! ๐ฅ A breakout here could send it soaring to $400! ๐ This could be the start of Solโs next massive rallyโdonโt blink or you might miss it! #SOL #Solana #Crypto #Altseason
Ethereum is about to hit the critical 0.618 Fib level at $1641! ๐ If it bounces, we could see a jaw-dropping surge to $7010! ๐๐ฐ Don't miss out on what could be the BIGGEST breakout of the year! #ETH๐ฅ๐ฅ๐ฅ๐ฅ #Ethereum #CryptoBoom2024 #Altseason $ETH
๐จ #Bitcoinโ is forming a massive bull flag on the monthly chart! A breakout here could send us straight to $125k ๐๐ Get ready, this is the moment we've been waiting for! ๐ฐ #BTCโ #Crypto #BullRunAhead $BTC