$BTC Analysis
JULY 28th, 2024
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BIAS:
Mid-Term: BULLISH
Short-Term: BEARISH
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The price action, while initially consolidating above its horizontal resistance level, couldn't sustain above it and faced rejection.
Currently, the price action is consolidating below the horizontal resistance level marked between $68,967 and $68,124.
We can anticipate further rejection levels from this area. π
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MAIN INTEREST LEVELS
β¬οΈSHORTβ¬οΈ
$67,172
β¬οΈLONGβ¬οΈ
$65,240
PREDICTED DAILY RANGE
$64,853 to $67,202
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VIP ACTION PLAN
The price action on the daily timeframe is forming a double top pattern, indicating potential bearish sentiment as it faces rejection from its horizontal resistance level.
On the H4 timeframe, there is an FVG gap between $66,907 and $66,109 that may be filled.
This suggests the possibility of a downward move to close the gap. π
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JULY 28th, 2024
-
BIAS:
Mid-Term: BULLISH
Short-Term: BEARISH
--
The price action, while initially consolidating above its horizontal resistance level, couldn't sustain above it and faced rejection.
Currently, the price action is consolidating below the horizontal resistance level marked between $68,967 and $68,124.
We can anticipate further rejection levels from this area. π
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MAIN INTEREST LEVELS
β¬οΈSHORTβ¬οΈ
$67,172
β¬οΈLONGβ¬οΈ
$65,240
PREDICTED DAILY RANGE
$64,853 to $67,202
--
VIP ACTION PLAN
The price action on the daily timeframe is forming a double top pattern, indicating potential bearish sentiment as it faces rejection from its horizontal resistance level.
On the H4 timeframe, there is an FVG gap between $66,907 and $66,109 that may be filled.
This suggests the possibility of a downward move to close the gap. π
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Pair: $BAT/USDT (Binance, ByBit)
Direction: β¬οΈLONG
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Position Size: 2 - 4%
Leverage : 3 -5X
Trade Type: SWING
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ENTRY: 0.17 - 0.1969
(OTE: 0.183)
πTarget 1 - 0.199
πTarget 2 - 0.202
πTarget 3 - 0.205
πTarget 4 - 0.209
πTarget 5 - 0.22
πTarget 6 - 0.25
πTarget 7 - 0.28
πTarget 8 - 0.32
πTarget 9 - 0.36
π«STOP LOSS: 0.16
RISK: Medium/High
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Direction: β¬οΈLONG
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Position Size: 2 - 4%
Leverage : 3 -5X
Trade Type: SWING
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ENTRY: 0.17 - 0.1969
(OTE: 0.183)
πTarget 1 - 0.199
πTarget 2 - 0.202
πTarget 3 - 0.205
πTarget 4 - 0.209
πTarget 5 - 0.22
πTarget 6 - 0.25
πTarget 7 - 0.28
πTarget 8 - 0.32
πTarget 9 - 0.36
π«STOP LOSS: 0.16
RISK: Medium/High
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Crypto Bullets
Pair: $WLD/USDT (Binance, ByBit) Direction: β¬οΈLONG -- Position Size: 2 - 4% Leverage : 3 -5X Trade Type: SWING -- ENTRY : 1.74 - 1.902 (OTE: 1.82) πTarget 1 - 1.93 πTarget 2 - 1.96 πTarget 3 - 1.98 πTarget 4 - 2.0 πTarget 5 - 2.1 πTarget 6 - 2.2 πTarget 7β¦
Pair: $WLD/USDT (Binance, ByBit)
Direction: β¬οΈLONG
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β Target 1 - 1.93
β Target 2 - 1.96
β Target 3 - 1.98
β Target 4 - 2.0
β Target 5 - 2.1
β Target 6 - 2.2
β Target 7 - 2.3
β Target 8 - 2.5
β Target 9 - 2.8
β Target 10 - 3.0
Profit: 288.65% (5X)π₯π₯
Direction: β¬οΈLONG
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β Target 1 - 1.93
β Target 2 - 1.96
β Target 3 - 1.98
β Target 4 - 2.0
β Target 5 - 2.1
β Target 6 - 2.2
β Target 7 - 2.3
β Target 8 - 2.5
β Target 9 - 2.8
β Target 10 - 3.0
Profit: 288.65% (5X)π₯π₯
$BTC Analysis
JULY 30th, 2024
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BIAS:
Mid-Term: BULLISH
Short-Term: BEARISH
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As expected, the price action of $BTC on the H4 timeframe has successfully filled the FVG gap level between $66,907 to $66,109.
The price is currently respecting its horizontal support level, which could indicate a potential short-term bounce back in the price action π.
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MAIN INTEREST LEVELS
β¬οΈSHORTβ¬οΈ
$66,109
β¬οΈLONGβ¬οΈ
$66,634
PREDICTED DAILY RANGE
$64,047 to $66,893
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VIP ACTION PLAN
The price action of $BTC on the H4 timeframe level is testing its horizontal support region π.
We can expect a short-term leg up π before further downward movements.
This could lead to the price action squeezing out its sell-side liquidity levels π§.
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JULY 30th, 2024
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BIAS:
Mid-Term: BULLISH
Short-Term: BEARISH
--
As expected, the price action of $BTC on the H4 timeframe has successfully filled the FVG gap level between $66,907 to $66,109.
The price is currently respecting its horizontal support level, which could indicate a potential short-term bounce back in the price action π.
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MAIN INTEREST LEVELS
β¬οΈSHORTβ¬οΈ
$66,109
β¬οΈLONGβ¬οΈ
$66,634
PREDICTED DAILY RANGE
$64,047 to $66,893
--
VIP ACTION PLAN
The price action of $BTC on the H4 timeframe level is testing its horizontal support region π.
We can expect a short-term leg up π before further downward movements.
This could lead to the price action squeezing out its sell-side liquidity levels π§.
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El Salvador πΈπ» has proposed using cryptocurrency as an alternative payment method for trade with Russia π·πΊ.
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Pair: $NMR/USDT (Binance, ByBit)
Direction: β¬οΈLONG
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Position Size: 2 - 4%
Leverage : 3 -5X
Trade Type: SCALP
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Breakout
ENTRY : 10.5 - 11.63
(OTE: 11)
πTarget 1 - 11.77
πTarget 2 - 12
πTarget 3 - 12.2
πTarget 4 - 12.4
πTarget 5 - 12.8
πTarget 6 - 13.4
πTarget 7 - 14.3
πTarget 8 - 16
πTarget 9 - 19
π«STOP LOSS: 9.8
RISK: Medium/High
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Direction: β¬οΈLONG
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Position Size: 2 - 4%
Leverage : 3 -5X
Trade Type: SCALP
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Breakout
ENTRY : 10.5 - 11.63
(OTE: 11)
πTarget 1 - 11.77
πTarget 2 - 12
πTarget 3 - 12.2
πTarget 4 - 12.4
πTarget 5 - 12.8
πTarget 6 - 13.4
πTarget 7 - 14.3
πTarget 8 - 16
πTarget 9 - 19
π«STOP LOSS: 9.8
RISK: Medium/High
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