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Let’s analyze Bitcoin. Today, the market may finally begin its next move.
⏳ 4H Timeframe
The weakness in the trend that we talked about yesterday is still visible in the market, and since it’s still the weekend, trading volume remains very low.
✔️ Today, as the New York session begins, price may finally start moving. I recommend staying at your charts if volume enters the market, because in that case, the probability of a sharp move will be high.
✨ Our trigger levels remain unchanged. A breakout above 65,475 is the risky long trigger, while a breakdown below 62,783 is the risky short trigger.
⭐ We’ll open our main and longer-term positions with a breakout above 67,278 (long) and a breakdown below 60,802 (short).
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you’re not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.