I will open a Long position at $BTC this is the position I will take and the analysis I did to back this position.
Areas of Interest: $68,900 - $69,200. Entry: $69,150 (Looking for the front-run of the wall at $69k). SL: $67,500 (Based on ATR and below the psychological level of $68k)
TP: TP1: $70,200 (FVG closure in 1 Hour). TP2: $71,500 (External liquidity BSL). Risk-Reward Ratio (RRR): 1 1.85 (Improved if entry is adjusted to $69k)
Perceived Risk: Medium. The lack of an extreme Z-Score deviation suggests that the accumulation process at $69k could be slow.
Mathematical Expectation E [X]: Based on the confluence of: 1) Order wall at $69k) RSI oversold on 15m) Bullish bias 1 Day and 4 Hours) Positive macro news. Estimated Probability of success: 68% for a mean reversion trade..
Fundamental Context: the news from Mastercard is highly bullish in the medium term (increased velocity of capital circulation and institutional adoption) This creates a fundamental "floor" that supports buying on technical corrections. Order Book: The asymmetry is evident, there is more support liquidity ($69k) than immediate resistance, which increases the probability of a technical bounce in that area..
Z-Score (Exhaustion): (0.15) does not confirm extreme exhaustion by standard deviation, suggesting that the price could lateralize or have a last bearish spike towards $69,000 before bouncing. ATR (Volatility and SL): The ATR of 1285 dictates a wide SL The suggested deviation of -1927.51 from the current price places the invalidation below $67,500 protecting the position from noisy volatility.
The current movement seeks to sweep the stops of early longs before a possible expansion,
Draw on Liquidity: The price delivery algorithm is targeting $69,000 to capture the necessary counterparty to mitigate the upper FVG at $70,500..
Continuing with today's analysis, the structure in $RIVER presented a clear opportunity for bearish continuation that we decided to capitalize on with a short position. Maintaining a realistic view of the market allowed us to enter at the right moment of the breakout.
Technical analysis (Timeframe 15m): The price is operating below key moving averages (MA7: 15.329 and MA25: 15.895), confirming strong selling pressure. Currently, the RSI is at 22, placing it in the extreme oversold zone after hitting a low of 14.725. The MACD keeps its histogram in red, reinforcing the weakness of the asset.
Do you think that $RIVER has already bottomed out at 14.70, or will we see a greater capitulation before a technical rebound?
In a volatile market, maintaining an objective stance is essential to protect capital. Today I decided to take advantage of the technical weakness shown by the 15-minute chart at $SIREN after losing the main moving averages.
Session results: $SIREN (Isolated 10x) Entry at 0.46949. Currently with a +76.17% ROI ($814.50 PnL) $RIVER (Crossed 20x) Entry at 15.617 Currently with a +59.97% ROI ($363.63 PnL)
Quick analysis: The 15m chart shows how the price pierced the support of the MA7 and MA25 with an increase in selling volume, reaching lows of 0.43020. The MACD continues to show bearish pressure, although the RSI begins to stabilize near 45 points.
Do you think SIREN will look for a rebound at these levels or will we continue to see lower lows?