$BTC
#BitcoinUpdate on weekly frame:
We said earlier that if you missed the previous high, the 30K5 to 28K levels are the areas where you can reposition yourself in the market because they are considered the market maker's personal entry zone.
In order to understand why I told you this👆
you must focus with me here👇
Very important information you should know about (ICT) School.
school says that any penetration of the previous peak (CHOCH) with a strong candle, this means that the price reversal to the bottom that led to the breach of that peak is inevitable and certain to happen, but before the reversal occurs, liquidity must be taken and all Stop loss orders must be HIT .at the (BSL) level and then falling to lower levels to fill the Some fair gaps (FVG) , after which there will be a strong entry by the market maker and a fiery bounce to the upside and The target is usually Fibonacci level 1.618.
What do we have here in the #BTCUSDT weekly chart ?
We have already had a breakout of the previous high, thus (CHOCH) has been achieved.
Now #BTC should get liquidity from some fools at the (52214) level and then cumulatively collapse towards the bottom that broke the top at the (31819) and (28534)levels.
There is already a Fair Gap (FVG) at these levels which Bitcoin must fill and then move towards the target of (65500)
Record this and we'll meet later.👋
@ yulia_rose12 (Crypto Hunter) #Write2Earn #TrendingTopic
#BitcoinUpdate on weekly frame:
We said earlier that if you missed the previous high, the 30K5 to 28K levels are the areas where you can reposition yourself in the market because they are considered the market maker's personal entry zone.
In order to understand why I told you this👆
you must focus with me here👇
Very important information you should know about (ICT) School.
school says that any penetration of the previous peak (CHOCH) with a strong candle, this means that the price reversal to the bottom that led to the breach of that peak is inevitable and certain to happen, but before the reversal occurs, liquidity must be taken and all Stop loss orders must be HIT .at the (BSL) level and then falling to lower levels to fill the Some fair gaps (FVG) , after which there will be a strong entry by the market maker and a fiery bounce to the upside and The target is usually Fibonacci level 1.618.
What do we have here in the #BTCUSDT weekly chart ?
We have already had a breakout of the previous high, thus (CHOCH) has been achieved.
Now #BTC should get liquidity from some fools at the (52214) level and then cumulatively collapse towards the bottom that broke the top at the (31819) and (28534)levels.
There is already a Fair Gap (FVG) at these levels which Bitcoin must fill and then move towards the target of (65500)
Record this and we'll meet later.👋
@ yulia_rose12 (Crypto Hunter) #Write2Earn #TrendingTopic