The Algorithm trader 🏌
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We 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 algo,
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So whence news is realesed , do put to heart that there would "most of the time" be a false move that would reach for imbalance and liquidity before the real move , it doesn't happen all the time , but whence it does ...... boom !
πŸ‘1
Do spend your weekend making some researches on this πŸŒβ€β™‚
πŸ‘1
Would be watching for possible bearish reaction off this level ...
πŸ‘2
The Algorithm trader 🏌
Currently running 350pips ❀️ posted before it happened πŸŒβ€β™‚
I believe this current run up in price should run to take out this previous high. Then after that high is taken ,
πŸ‘2
The Algorithm trader 🏌
This week is really crucial... I tell u , if price maintains a close below the previous high , or possibly to a ncandle rule , we would then be in a bearish market environment, bitcoin will crash aggressively .... But ! If this same week candle closes well…
Seen the fall of bitcoin from the beginning, where everybody still believe in bullish bitcoin, , where everybody still thinks bitcoin is this , is that , gradually it is falling, still analyst, traders still believe bitcoin is bullish , I stand on a overall bearish bitcoin , we shall see πŸŒβ€β™‚
The only stumbling block I see is 44k , if that breaks , nothing would stop bitcoin from reaching 15k πŸŒβ€β™‚
😱2πŸ‘1
The Algorithm trader 🏌
Seen the fall of bitcoin from the beginning, where everybody still believe in bullish bitcoin, , where everybody still thinks bitcoin is this , is that , gradually it is falling, still analyst, traders still believe bitcoin is bullish , I stand on a overall…
Bitcoin currently is aiming for this 42k level , this is the only level I see that could cause bullish reaction , judging by what happened at the origin of the ongoing sell , btc is already in a bearish environment, but this 42k level is an important level... and this where the current fall is aiming for πŸŒβ€β™‚
The Algorithm trader 🏌
I am bearish on bitcoin , 15k take profit πŸŒβ€β™‚
Just look at how price played inside my shaded before dropping πŸ˜…
πŸ”₯2
The Algorithm trader 🏌
If and only if price closes below the previous high, .. should we see a full body close above the previous high, btc aims for 500k on the long run .... should we see a full body close below the previous high, its a crash to 15k , 10k , 3k ... Give it days…
Everyone taught this buy on btc is the forever buy , not everyone saw a sell at the point , most traders argued with me on this when I made this analysis , no one agreed with my bearishness ,

Ohh well , bitcoin is falling just as I have anticipated,
πŸ‘4
Bitcoin must hit 42k first , before we can even consider bullishness πŸŒβ€β™‚
πŸ‘1
The Algorithm trader 🏌
Outlook ⛹‍♂
Take profit one smashed , take profit two approaching. πŸŒβ€β™‚
πŸ”₯2πŸ‘1
The funny thing is folks argued alot with me on btc and eth being bullish at the time of its analysis, well , they see now πŸŒβ€β™‚
πŸ‘2
Possible outlook πŸŒβ€β™‚
πŸ™3
The Algorithm trader 🏌
Possible outlook πŸŒβ€β™‚
Validated if we see a shift of this structure , which looks very likely πŸŒβ€β™‚
Watching this level for possible bearish reaction πŸŒβ€β™‚
πŸ‘2