Well... Everything pointed to a fairly bearish scenario for Bitcoin until Friday and Saturday... But on Sunday, and especially at the opening of futures, we saw an injection of liquidity that completely changed the outlook.
This reminds us of the importance of always waiting for the final close of each timeframe before making important decisions in the market... because during the final part of a timeframe (whether daily, 4-hour, weekly...), price and liquidity tend to behave somewhat erratically, leaving very low-probability scenarios and creating traps. And under those conditions, it makes no sense to try to guess what the market will do... Because we are traders, not fortune tellers... And our job is to manage each trade based on the best possible confirmation the market gives us.
So... We had a quarterly close above the previous quarter's high.
From a technical perspective, the next move has a high probability of reaching the high of the quarter that just ended... that is, the ATH.
But... This isn't something that has to happen tomorrow... We have three months for that.
So any pullback from now on will be an opportunity to position yourself at optimal buying levels... both monthly (for October) and quarterly.
I'll remind you once again what the optimal levels are for positioning... because this is what our community's trading strategy and system are based on... Write it down:
- Buy below the open, below previous lows, and below the 50% Fibonacci.
- Sell above the open, above previous highs, and above the 50% Fibonacci.
Now all we have to do is identify those macro levels where the price will have the greatest probability of finding liquidity to seek buying confirmations.
When I say macro levels, I mean quarterly, monthly, and weekly timeframes... We'll use the daily timeframe to look for entries with greater precision.
Quarterly:
- On a quarterly basis, we have the high for the second quarter of this year... in the 112,000 range.
- Followed by the opening of the quarter that just ended, at 107150.
- ...and finally, we have the low for the quarter that just ended... in the 105100 range... Although, the truth is, I don't think the price will reach that level... but we have to identify it because it's an institutional level.
Monthly:
- On a monthly basis, we have the September low, in the 107250 range... This coincides with the opening of the quarter that just ended... So, there are two important liquidity levels here.
- And on the upside, the September high at 117900. This is an important level to take partial profits from any purchases you make.
Weekly:
And, well... On a weekly basis, I'm only interested in last week's low, at 108620.
I'm not going to mark last week's high, because if the price decides to rise from here, the highest probability is that the monthly high of 117900 will begin to attract it like a magnet... so I'm not going to bias myself by setting a liquidity level that, from my perspective, won't have much influence.
By the way... On a weekly basis, we can clearly see the influence of that old Q2 high, at 111980 (~112k). Here we see how last week's close respected it.
So... I don't know what's going to happen this week. But looking at the price action and market intent... Depending on how this week ends... this suggests that buying below that old quarterly high at 112k is a very good opportunity.
Daily:
So... For now, I'm going to focus on the daily imbalance zone (FVG-D)... And as long as the price respects it, it makes a lot of sense to position yourself during the first few days of October.
Let's see what the market says, which ultimately has the last word... But if we make a plan now, we'll definitely have an advantage over the rest of the market... and no move, no matter how crazy it may seem, will catch us off guard.
.
.
.
-------------------------------------------------------
If you're a trader/investor, you can follow my copytrading, this helps me grow: https://acortar.link/CopyTradingBuscadores
-------------------------------------------------------
My social networks:
Youtube: https://www.youtube.com/@BuscadoresdeLiquidez
X (Twitter): https://x.com/LaRutadeSTOUT
LinkedIn: https://www.linkedin.com/in/luis-yasiel-stout-hindz-80a4bab0/
You can contact me directly here:
Email: [email protected]
Telegram: @luisstout
-------------------------------------------------------
Exchanges/Brokers I use:
Bitunix: https://www.bitunix.com/register?vipCode=BUSCADOR3S
-------------------------------------------------------
Donations for a coffee ☕
BTC: 3HTVy45MUjvYX1UVTNNDCr1Qngu2zqY4Ei
LTC: MTa2FMB7xmpRcPSMneSZevnCA4vvySEthm
SOL: 8e24YkrxaaWk8g1DHBq9ZNuwBaSBusnFN4YfTZAarWam
USDT (Solana): 3iiABP4wr7FzRtUAJKc1Afy8oRgCNud12qhre5vZNU9C
USDT (TRC20): TUhpooVyZndnQHGAjcJRFHHgvbRWsggZPP
---------------------------------------------------------
---------------------------------------------------------
Are you lost in the world of trading, cryptocurrencies, and investments?
Every Friday, I publish clear and practical content so that:
- Expert traders can understand key details.
- Beginners can avoid costly mistakes.
- Investors can find under-the-radar opportunities.
- Curious people can understand how the markets work.
Follow me and activate notifications on my blog 👇
https://www.publish0x.com/cubancrypt?a=Mvbmy3O3bY
...
