πŸ‡ΊπŸ‡ΈTrading Algorithms | Solution for traders
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And now everything is good with them 😊

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Looking at the bigger picture, a range is forming between the buyer at 105k and the correction seller at 120k. We have already seen that the seller failed twice to move below 105k, meaning there is a buyer there. πŸ“‰

Currently, we are testing the seller at 120k for the second time. If we fail to break it again, as you can see β€” it's a flat market. ↔️ But if we break above 120k, there is a chance for a new upward impulse, usually 20-35% of the impulse, which means from 110k, it would be 132-148k. πŸš€

Therefore, the outlook for the next 30 days is either a flat market near the upper boundary or an uptrend. That's how it is. πŸ“Š

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The market is seriously moving towards an attempt to break 120k πŸ”₯. Midday shows signs of intraday consolidation forming, but no confirmation yet πŸ€”. If the price drops below 119k, it will confirm a sideways flat market βš–οΈ. A break below 118.3k could signal a deeper correction πŸ“‰.

Technical support zones:
115-116k πŸ›‘οΈ
114.5k πŸ›‘οΈ

But for now, buyers are pushing strongly πŸ’ͺ.

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😱 Meanwhile, are arbitrageurs out partying or something?

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The news background is no longer under the pressure of positive news πŸ“‰. The growth has slowed down, and we might now see some negativity, which will lead to a downward correction πŸ“‰. Let's see, interesting πŸ‘€.

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BTC made a strong breakout upwards over the last 2 weeks πŸ“ˆ and tested its strength by breaking the global highs around 126k. At the moment, it appears that buyers do not have enough strength to move further.

We see a double defense by sellers around the 125.4k zone with a false breakout near 126k. Currently, a flat range is forming between 124-126k, but if the 124k zone is broken downwards, there is a high probability of a deeper correction downwards πŸ“‰.

On the H1 chart, we see a cluster group near 125k, and the price is trading below this level, indicating resistance at these levels πŸ›‘.

During the day, the important zones are 124.3k and 123.4k. If the price breaks 124.3k upwards, we might see another attempt to storm 125.4k πŸš€.

123.4k during the day can provide short-term upward bounces πŸ”„.

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On the hourly timeframe on the left, we see a fairly strong shakeout of buyers during the downward impulse πŸ“‰. The attempt to break the support level failed on the first try. After consolidation and climax, the price moved upward to test the seller's zone, where the central volume of this decline was located πŸ“Š.

Currently, we see a second attempt to storm the support around 121K. Midday sees a battle for control over the 122K zone, and it is clear that the buyer is currently losing this battle βš”οΈ.

If the price breaks 122K and reaches around 122.5K, we can talk about a reversal to long positions in the middle of the day πŸ”„. But for now, the seller controls the situation πŸ›‘.

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If we enter a deep correction πŸ“‰, there is potential for a decline to 113-114k.

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At this moment, the price has broken the last significant corrective support of buyers, which you can see on the chart πŸ“‰. Let's see if the seller is truly still active, or if this is just a trap for sellers πŸ•΅οΈβ€β™‚οΈ.

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There is an attempt to break through the seller zone amid a sales climax around midday. So far, it is uncertain as the price hasn't managed to hold above, but something also seems off with the seller. It looks like the buyer will overpower the seller, and we will move towards the 123.5k area πŸ“ˆπŸ€

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The buyer pushed the seller down and reached the target around 123.5k by midday πŸ“ˆ. There was a buying climax at that level, and now there’s a good chance to drop to 122k πŸ“‰. I believe the large player’s daily plan will be accomplished here βœ….

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Trading is currently under pressure from a fierce seller dominating the higher timeframe. His strength lies around 121,500 β€” 122,000, where his power and influence hide. πŸ“‰

Yesterday, like an autumn storm, both the seller and the buyer were punished β€” swept away by a wave of frantic trades. πŸŒͺ Looking at the hourly background, two heavy climaxes are visible, like two lost battles: the buyer suffered and endured losses, the ground trembled. Because of this, there is now a good hope that the downward movement will revive again, like a river after a flood. 🌊

But let’s not rush, brothers β€” watch closely whether the buyer can break the 122,000 level. If he moves above and holds there, β€” it may be a sign of a new reversal and the end of a deep correction, like the dark night before dawn. πŸŒ„ Until 122,000 is taken, buyers have no strength; only a shadow of hope wanders over the market. 🌫

In the middle of the day, when the sun was high, the seller secretly gathered liquidity, swallowing it near 121,700 β€” 121,500. It is clear that he has launched an attack again, planning a new battle, new pressure β€” for the one who loses power does not rest. βš”οΈ
So, so, so.... negative sentiment has appeared in the news flow πŸ“‰, if there is a long setup now, it will be a repetition of the previous long setup before the impulse to 126k πŸš€

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This is what a long setup looks like in the middle of the day πŸ“ˆβ˜€οΈ.

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πŸ“’ Good news! I have completed the migration of signals and analytics, which were previously sent to the channel, to a Telegram bot. Now you can go and subscribe to signals for your chosen instrument.

πŸŽ₯ I have recorded a video tutorial on how to do this.

It will take a few days to build up a database of new signals since they were disabled for a few days. Also, analysis of all patterns, not just reversal ones, will be enabled. I will record a video about them soon. πŸ“ˆ
I am being told that not everyone has the menu for subscribing to signals πŸ“‘. While I investigate what the issue might be, please send this command in a message to the Telegram bot β€” /clvfr_signals πŸ“¨
The buyers' attempt to reverse the trend proved unsuccessful. We see a pin bar and the third push by the buyers. The seller continues to control the situation. πŸ“‰πŸ‘Š

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