Bitcoin bounce
🎯Bitcoin bounced from the weekly and daily order block, we are still below the weekly trendline ( trendlines are only informative for me – institutional zones matter), and it’s set for a new higher high. It’s the first time in BTC history I see CME futures turning to the slightly bullish territory. (Note BTC futures don’t have a lot of volumes.
Hash rate is on the all-time high and price could follow
This is a pre-plan M, W, D, H4 Time-frames trends and Parallel Channels. I will execute on the M30 at the institutional level if all conditions are met.
âś… Traders, you are welcome to share your charts, thoughts, and questions let’s discuss it.
Wish you a good hunt !!
Dave FX Hunter âš”
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âť—âť— This is Pre-plan
That means my view can change, depending on how the price will arrive at the level and what will be happening on the M30 in my level of interest for entry. Then I will decide if I will enter or not. So please don’t just blindly follow this. The FX market is a quickly changing environment and it requires full focus on the levels for the precise entry with low risk.
âť—âť— DISCLAIMER
We are the only one person who is responsible for our health, relationships, success, and money in our lives. So taking a risk on the markets based on this idea is only and only your decision. You deserve the profit and you are responsible for your potential loss. Any opinions, news, research, analyses, prices, or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. The author of the analysis does not accept liability for any loss or damage.
âť—âť— Legal Risk Disclosure
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
