I've got stocks cryptos and NFTs on my mind 24/7
No financial advice here, just sharing my thoughts📈📉
price action trader from 🇭🇺 // in crypto since '15 //
$BTC 4H
Red + green scenario played out✅
Price is now hovering around the 88.5k–88.8k liquidity zone. The big question: will we get a bearish reaction?
If yes, I’ll start eyeing a new hedge entry.
Watching closely 👀
So got a clean reaction from RH.
Eyeing with the 1st red scenario and if I get one more confirmation, I’ll hedge.
A drop back below RH + retest could open the path toward the 2 liquidity zones👇
(RH = range high
tp= take profit
FVG = fair valeu gap)
$BTC
The bottom was in, and now we're ranging. Price tested the midrange from below.
Best case scenario: range low holds, we reclaim midrange, and then target range high.
Worst case: If we lose the range low. However, a quick wick below doesn’t necessarily mean a trend break.
🚨 Key levels:
1️⃣ Best case: Price bounces off the PWH and continues higher.
2️⃣ Risky scenario: A clear bearish rejection here could trigger a hedge.
Stay sharp. False breakout happen and losing this RH cleanly? Red flag...
#trading#range#bitcoin#CryptoTrading
#Bitcoin on the 4H chart is painting a textbook range. 📊
Price swept the Previous Week Low (PWL), reclaimed it, and rallied ~19% to break above the Previous Week High (PWH).
Now, we're sitting right at the Range High (RH)
I’m not ruling out those levels; they’re still key zones for me. But for now, there’s no reason to convince myself we’re heading down there.
That said, I can’t open a long here either. For me, $SPX is a clear 'no trade zone' right now. ⚖️ #SP500#Trading
$SPX $ES
The S&P500 HTF bullish trend is still intact in my view. It just neatly took out the sell-side liquidity at 5855 – and yes, there’s still more SSL and a gap around 5650-5730.👀