Bitcoin Bounce Soon !🚀 Long or Short?🤔
Currently $BTC is breaking its range upside which is good sign but if fake breakout come so we will open a short position on BTC, but if BTC break upside with low volume and momentum candle then we can open a long trade,🚀
Why BITCOIN Ranging From 2 Days?
On Saturday and Sunday, the volume in crypto decreases because forex market is close and forex is a Centralized and international market and also move on it.
What is Low Volume Momentum Candle?
First of all we learn Momentum Candle, Momentum is show the real movement candle means momentum candle tell us the real direction. For identifying Momentum Candle here's detail explainations.
• First of all, if you are looking a bullish momentum candle, the color should be green and there should be no wick at the top of green candle. If there is a wick on the bottom, then it's okay. If there is a small wick at the top, then that is also a momentum candle, means if there at the top come wick of 10-20% size of green candle so it's is also okay.
✨For bearish momentum candle comment now 🌹
So you learn Momentum candle now its time to learn Low volume momentum candle, I think it is very easy to learn for you, the green momentum candle volume should be smaller than the red high volume occured between where the range start.
Now you learn Momentum candle so we use this strategy for range breakout when my these rules completed upside then we open long trade.
⚠️Note: Trend in all big Timeframes are bearish so I am interested in short position trade, for taking a short trade on BTC here's some Levels that I mentioned below. 👇
Some Selling/Short Levels:
1. H4 Fair value gap at around $112,700-$113,000 price.
2. The second one zone is high Probability zone because there's is swing Liquidity, that occur at around $114,672-$114,900.
Zone Short Position Trades Target Method🎯:
Keep in mind, don't expect 10-20% move or dump from these two levels, you can set you TP, 0.5-1% rejection from the middle line of FVG.
Always book 60-70% profit on 1:1 RR and hold 30-40% For 1:2,1:3 RR.
I hope you liked my analysis, if you have any questions so tell me in the comment i will reply🌹
{future}(BTCUSDT)
#BTC #BTC走势分析 #SameerAbbas
Why BITCOIN Ranging From 2 Days?
On Saturday and Sunday, the volume in crypto decreases because forex market is close and forex is a Centralized and international market and also move on it.
What is Low Volume Momentum Candle?
First of all we learn Momentum Candle, Momentum is show the real movement candle means momentum candle tell us the real direction. For identifying Momentum Candle here's detail explainations.
• First of all, if you are looking a bullish momentum candle, the color should be green and there should be no wick at the top of green candle. If there is a wick on the bottom, then it's okay. If there is a small wick at the top, then that is also a momentum candle, means if there at the top come wick of 10-20% size of green candle so it's is also okay.
✨For bearish momentum candle comment now 🌹
So you learn Momentum candle now its time to learn Low volume momentum candle, I think it is very easy to learn for you, the green momentum candle volume should be smaller than the red high volume occured between where the range start.
Now you learn Momentum candle so we use this strategy for range breakout when my these rules completed upside then we open long trade.
⚠️Note: Trend in all big Timeframes are bearish so I am interested in short position trade, for taking a short trade on BTC here's some Levels that I mentioned below. 👇
Some Selling/Short Levels:
1. H4 Fair value gap at around $112,700-$113,000 price.
2. The second one zone is high Probability zone because there's is swing Liquidity, that occur at around $114,672-$114,900.
Zone Short Position Trades Target Method🎯:
Keep in mind, don't expect 10-20% move or dump from these two levels, you can set you TP, 0.5-1% rejection from the middle line of FVG.
Always book 60-70% profit on 1:1 RR and hold 30-40% For 1:2,1:3 RR.
I hope you liked my analysis, if you have any questions so tell me in the comment i will reply🌹
{future}(BTCUSDT)
#BTC #BTC走势分析 #SameerAbbas
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