Bitcoin / TetherUS
Updated

BITCOIN (BTC) - Weekly Bunch Of Nothing

144
What a wonderful range to be in eyy!

After my projection of $52,000 came through last week, we have not seen any major price movements and I still believe that if we continue trading within this range located in the monthly FVG, you can expect further rangebound throughout this week.

When a run for an extended period of time occurs, rangebound price action is deemed in my books as healthy.

Will update is an major moves occurs...

My philosophy is simple...

Fortify Michael J Huddlestone's concepts that I have studied to consistently predict where the market is more likely to go.

This includes;

- Market Structure
- Buyside/Sellside Liquidity
- Order Blocks
- Liquidity Voids
- Fair Value Gaps
- Optimal Trade Entry
- Premium/Discount Array
- SIBI/BISI
- Many More!

The strategies mentioned here are some of many that I use to implement into my analysis and over time, with consistency I aim to achieve a high degree of accuracy in the markets with the foresight and understanding to assess what went wrong when my bias is negated.

Credits;

- Michael Joe HUDDLESTONE
- Shawn Lee POWELL
- Toray KORTAN
Note
$62,500 is my next point of interest for longs to take profit
Note
The fair-value gap located between $50,857 - $50,922 during Fridays Asian session was where BTC1! begun to reverse, ripping buysides face clean off!
Trade closed: target reached
$64,000 was the highs of the week.
$62,500 long projection has been met for this week

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