Hello traders 👋
To elaborate a trading strategy it requires multiple factors such as The macro-factors : Covid-19 pandemic (lockdowns), supply chain (high transportation prices causing inflation ), Ukrain war (causing gas fees to increase) .
The market factors such as The price action on Time Frames, some indicators !
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Points toward the bullish biasis 🐂 :

BINANCE:BTCUSDT
1)First of all we have BTC at important on important trendline that only touched 2 times and kicked of an amazing rally ! and the only ones we have seen this year.

2) We have 2 bullish divergences on the rsi .

3) A bullish price action pattern is strong point for bulls such as double bottom , triple botom, inversed head and shoulder, losange, or any other trend reversel or bullish ones. espacially if it is associated with trend reversel candle stick formation.

4) BTC didn’t make lower lows on the monthly TF and it is on

All these 3 points make on the VERY short term a valid long entry.
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Bearish biasis 🐻 :

1) This point is worth all the previous mentioned and those who will be cited next. This point is about interest rate and federal reserve decision ! If the outcome of their decision by rising more than investors expect will cause markets all around the world to crash (as if they already didn’t😏). Actually, the reason of the begining of this crash is due to the first press declaration (see the full article here). On this Tuesday, the federal reserve has a meeting Tuesday 3rd may where they will decide how much they will increase. I expect the outcome will be more than investors preferences and this causes the markets to rally donward.

2) I thinks there isn’t enough trading volume this may reflect the low interest of investors and these prices even though they’re low and this will cause the prices to go down further !

3) Since the prices are lower than the 200 ema , it means that we’re in a downtrend and basically we’re in a bear market by definition. I will be looking for a trend continuation at the 15mn TF and profition from the pullbacks of this downtrend!

4) BTC below it’s 50 EMA on the weekly !

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I hope you liked this Idea, if you want to show your appreciation for the efforts spent you can like this post !

At the end I wish you a profitable trading and Thank you !