BTC USD - buying on the below structure levels

Note* Before commenting, understand this analysis was private released Nov28th - so the anticipated analysis has played out.
Revert to the link in the analysis to see the privatised idea.
https://www.tradingview.com/chart/BTCUSD/LycOHBj4-BTC-USD-Imbalance-Impending/

Hello Traders and Analysts,

Breakdown:
1. Note
2. Contents
3. Research breakdown
4. Education recap
5. Information on Lupa.

A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged Neutral, due to purchasing further increments upon imbalances at the desired levels [or market dependent].
Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. However, note - the overall trend is bullish with a short phase in focus at present.

You must be aware of my analysis's - I do not short term trade, and hold positions for periods longer term, this means when trading positions have wider stop losses and risk reward setups for multiple shorter term trades to be taken while in the main position.
The idea here is to have overall trades open and to take other positions in between.

Master Key for zones
  • Red = Three Month
  • Blue = Monthly
  • Purple = weekly
  • Scarlet [Red] - Four day
  • Orange = Daily
  • Green = 8 Hour, 16hour
  • Grey = 4hour
  • Pink = 1 hour


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Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence.

Here is the before identified zone of interest which was analysed using the Daily chart
The clear 50% Fibonacci and combination of the daily zone is clear for two reasons;
I. Using the consolidative order block to the left of the structure - an opportunity to test here is considered a high probability.
II. The main order zone of interest is $46,000 on the weekly, but on a shorter term corrective structure, the 50% is a testable zone
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Monthly
The current imbalances are now forming on the Zero Fibonacci structural path of the market.
At the present time, price has made lower highs on the previous market top. So in scenario 1; a new higher low wick will form.
Scenario 2: A structural break will retest a monthly zone, exhaust and liquidate buyers, then change of hands will occur for the buyers who will look to sweep up on a discounted price factor.
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Weekly updated chart using Fibonacci
The zone speaks for itself where price is now testing the imbalance.
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Here is the before identified zone of interest which was analysed using the Daily chart
The clear 50% Fibonacci and combination of the daily zone is clear for two reasons;
I. Using the consolidative order block to the left of the structure - an opportunity to test here is considered a high probability.
II. The main order zone of interest is $46,000 on the weekly, but on a shorter term corrective structure, the 50% is a testable zone.
https://t.me/lupacapitalpartnersfree/895

Why is this level so important for a daily sell off?
Well to put it simply - the imbalance is netted off here with the previous wick high matching a zone of a wick low.
The main point or zone of interest is the most important to observe as the imbalance upon the weekly has formed and will now be retested.
Upon a retest, it is clear to look for Daily lows and also the weekly wick and candlestick low - also combine with a four day chart - this will offer a highly anticipated zone where price will observe a low parity or a lower high.
Upon the subsequent formation - buying upon a daily confirmation or anticipated psychological level will be imperative.
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On the Daily
a profit taking zone offers a low towards the breakout of the formation between the previous analysis upon the confirmation and the daily imbalance from that zone.
This is also a -0.618% Fibonacci inverse extension zone.
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Daily Chart Update:
Price has now tested successfully, now be patient and await the true wick to see where the week closes and more importantly what occurs on a Sunday - price makes an impulse move on this day, looking back at historic movements.
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Here is the outcome from purchasing on the confirmation from the imbalance at hand.
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Market Cap of Crypto top coins


Here is the Bitcoin market imbalances cap - monthly chart
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Weekly Bitcoin Market Cap
Notice the equal lows which have formed the famous double bottom formation.
The weekly trendline whilst steep has now seen a sell off, but now can establish a take back being the dominant coin.
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Daily Market Cap with BTC price
Notice the daily imbalance on the market cap and the price chart equate to the same position opportunity.

BTC - candle sticks
ETH - purple
BNB - Rose pink
XRP - Orange
ADA - Green
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Tracking the major coins as of 6th October 2021
BTC - 44.69%
ETH - 18.51%
BNB - 3.19%
ADA - 3.11%
USDT - 2.95*
XRP - 2.22%
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* based on a fictional USD stable coin derived from Fiat.
Source:
https://coinmarketcap.com/

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