BTC Update & Hyblock Heatmaps
Since we expect the sweep of the high, a quick flush right at the beginning of the week makes totally sense.
If this turns into a Monday false move, we could see 66k-ish mid week. Then we will see if we get a short entry or if Bitcoin shows even more strength first.
Since we expect the sweep of the high, a quick flush right at the beginning of the week makes totally sense.
If this turns into a Monday false move, we could see 66k-ish mid week. Then we will see if we get a short entry or if Bitcoin shows even more strength first.
BTC Update & Hyblock Heatmaps
Bitcoin very clear and easy: Liquidity on both sides, see heatmaps, extremely clear levels.
Only trade I'm interested: Finding a short entry from the 66-67k area.
Two possible scenarios to arrive this range high area: Either we get that sweep of the low first (see arrow in the chart), then BTC has the potential to even go to 72k to close the weekly fvg.
Or we go to range high first without taking out the low, but then it will be much more likely only a quick move up and then brutally down.
I don't really care, since I'm only waiting for the short entry.
Set alerts and enjoy the show.
Bitcoin very clear and easy: Liquidity on both sides, see heatmaps, extremely clear levels.
Only trade I'm interested: Finding a short entry from the 66-67k area.
Two possible scenarios to arrive this range high area: Either we get that sweep of the low first (see arrow in the chart), then BTC has the potential to even go to 72k to close the weekly fvg.
Or we go to range high first without taking out the low, but then it will be much more likely only a quick move up and then brutally down.
I don't really care, since I'm only waiting for the short entry.
Set alerts and enjoy the show.
BTC Update & Hyblock Heatmaps
Bitcoin eating into that upper liquidity pool, still believe it will sweep the range high soon, maybe on some news with a wick.
Could potentially sweep the other high at 67.2k as well. Then I will look for a short entry.
Invalidation for short setup: Serious strength above 66k. Then it's possible that BTC fills the weekly fvg until 72k (see line in the chart).
If we don't see that strength - especially if we only see a quick wick above the previous low(s) - this is a clear short, can't get much easier.
Bitcoin eating into that upper liquidity pool, still believe it will sweep the range high soon, maybe on some news with a wick.
Could potentially sweep the other high at 67.2k as well. Then I will look for a short entry.
Invalidation for short setup: Serious strength above 66k. Then it's possible that BTC fills the weekly fvg until 72k (see line in the chart).
If we don't see that strength - especially if we only see a quick wick above the previous low(s) - this is a clear short, can't get much easier.
BTC Update & Hyblock Heatmaps
Bitcoin hit most of the liquidity, cause it took out the 64k highs from the last week.
Now, we have two equal highs that need to be swept, maybe even a bit higher as said yesterday.
Set alerts right below the following levels to look for a short entry on the lower time frames when we are there:
65.6k, 66.2k, 72.3k (if Bitcoin should close the weekly fvg).
If it goes down from here does mean only one thing: we will see a low somewhere mid range and revisit the range high in a couple of days again aka more chop.
Bitcoin hit most of the liquidity, cause it took out the 64k highs from the last week.
Now, we have two equal highs that need to be swept, maybe even a bit higher as said yesterday.
Set alerts right below the following levels to look for a short entry on the lower time frames when we are there:
65.6k, 66.2k, 72.3k (if Bitcoin should close the weekly fvg).
If it goes down from here does mean only one thing: we will see a low somewhere mid range and revisit the range high in a couple of days again aka more chop.
BTC Update & Hyblock Heatmaps
The two equal highs are still waiting to get swept, just a matter of time.
That's when we will look out for a short entry. Not interested here, in the middle of the range, will touch some grass next days.
Have a great start into the weekend and see you soon!
The two equal highs are still waiting to get swept, just a matter of time.
That's when we will look out for a short entry. Not interested here, in the middle of the range, will touch some grass next days.
Have a great start into the weekend and see you soon!