Bitcoin (BTC): All We Need Now Is Break of Structure

3天前

Bitcoin is accumulating currently where price is heading most likely for a break of structure (Which would confirm our bullish gameplan). As soon as we see the breakout we will be looking for a long position right there!

Swallow Academy

前天

注释

The 100 EMA has been tested multiple times on BTC, yet buyers did not manage to fully secure this area. What we see is a continuation of attempts to break this zone completely and secure it, and as buyers are showing volume, we are looking for it to happen.

Setup looks decent; the zone of liquidity is our stop zone, where the major target is the 200 EMA as of now!

前天

注释

BTC reached the 200 EMA mark, which is one of our targets for the current push we are expecting.

As expected, we had a smaller rejection near the 200 EMA, but that is normal. What we need now is another breakout (which might happen today once the FOMC meeting is over). So be careful; volatility can be guaranteed today!

15小时前

注释

Despite FOMC being bullish news for us, we got a strong downside liquidity sweep on BTC that dragged the price of the BTC back to our entry area.

Despite that we keep our game plan intact, we look for another movement back to 200 EMAs, opening a new position (bullish here as long as we are above the liquidity zone).