15min downtrend broke out and retested wit bullish eng at a higher low , 5min double topped then dropped and after 15m bullish eng we got the 5min high low bring all timeframes in confluence and possibly making the hour close in confluence as well
1hr retracement with 15min higher low , first tp is green line in the middle , 2nd tp is the top of blue box , expecting a big drop either at tp1 or tp 2
1hr has created a triple bottom with this being possible 4th touch of demand. waiting for 15m bullish variation at zone to possible enter. if buy does play out more than likely a buy from 4hr lower low to lower high so technically a countertrend trade so far
Daily still possibility of testing resistance as a double bottom and shooting down long as 4hr closes not engulfing on the current candle , 9am est should give entry
Price Has been on a steep decline and has now entered what looks like a demand zone, we are also at a daily higher low level and are possibly going to test and go up
dropped from 1 hr structure. got wicked out but dropped re entry and closed at this possible lower low, support being found so now we can go up to a possible prz and even possibly a double top and then drop again to continue momentum of the daily lower high
double top on the 1HR with right top giving entry and break of structure on the fifteen minute, waiting for next lower high on the 15 min to enter. Break of legit structure (38.2%) on the 4hr with no daily candlestick pattern to signal daily pullback (sellers still in control).
time to pullback on the weekly timeframe before continue to short, daily gave 38.2% LH but wit no structure to confirm continuation instead buyers look to have gained control
from the huge bull run we have no retraced atleast 38.2% until now which is at 100% and can also be seen as a demand zone, third tap on the supportive trendline from the swing higher lows and third tap on intraday lower lows showing divergence with the rsi
if we can get a lower high on the 4hr tf that could trigger sellers into coming into the market and create the push of the 38.2% retracement on the daily downtrend we are currently in
daily rejected resistance and sellers are gaining control
4 hour evening star is shown by a break of structure 0n the hour
simply waiting for a lower high on lower timeframes
i think btc will reach 41900 and find some resistance and dump to weekly support , buy is based off 4hr counter trend pullback which targets are in confluence with 1hour initial pullback which has yet to reach targets as well
