The Algorithm trader 🏌
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I focus mainly on what actually creates the market"algorithm"
Disclaimer ...!Every analysis sent to this channel are for "educational purposes" not for signals .should u be interested in understanding this algorithm
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We could see a fall to the downside , either ways I have my stoploss on gaurd
On the 4h. We can clearly see a stophunt inside the weekly previous sh candle ...
Previous stops of early sellers taken , could algo want to drive lower ?
This looks possible
Every market depends on how this month candle will close , so chill out and study price action for this week ❀️
The Algorithm trader 🏌
Study and watch how price reacts here on its surbodinate ...
Touch and falling πŸŒβ€β™‚ if u took this trade, take partials now ❀️
Pay yourself and have some good days ❀️
πŸ”₯1
Algorithm is currently alerting the banks for a new change of direction .... Do not miss this move ... πŸ₯Ά
Still studying what Algorithm is doing ... But I am very sure of a very long term sell ❀️
Don't trade too much pairs , no don't . Pick two or 3 high probability trades and sit with them ... That's all you need
😁2πŸ€”1
Hold on a minute , this is for the crypto traders ,it's concerning Bitcoin by the way , I am seeing something that could be disastrous to traders holding Bitcoin, I hope I am very wrong by the way πŸ˜”
The Algorithm trader 🏌
Hold on a minute , this is for the crypto traders ,it's concerning Bitcoin by the way , I am seeing something that could be disastrous to traders holding Bitcoin, I hope I am very wrong by the way πŸ˜”
The two painted colors are very significant ... The circled made a very important reaction which is very very significant to the current move, the horizontal color shows a valid change of environment , so Bitcoin is bearish . So as it stands , I am seeing 2 things,
1 Algorithm to drop price taking out the significant eql,3050dollar Hallmark from the previous shaded box that aided the previous expansion... if a rejection becomes possible , I would take profit at 63k due to structure ..
2 if price decides to break 3050dollar level , Bitcoin would crash to zero dollar .... And as it stands , it looks very very likely for Bitcoin to crash to zero than it getting a rejection off the 3050dollar hallmark
Possible continuation
The Algorithm trader 🏌
Previous stops of early sellers taken , could algo want to drive lower ?
Partials taken at first sight of BMS πŸŒβ€β™‚ ..
Pay yourself when u need to ❀️
Possible move
The Algorithm trader 🏌
Possible move
Sell to buy ... Thred with care , as there seems to be eqh above
Possible play out