During the early hours of this Sunday, the Bitcoin price surpassed its ATH, marking a new high at 125708 (Binance).
These weekend movements occur with institutional markets closed. This means that technically, CME Futures have not yet reached a new ATH, and the market will try to close this divergence at any moment. Therefore, during this new week that begins for CME Futures, starting today, Sunday at 18:00h NY, this movement could occur.
-------
In this week that is almost over, the Bitcoin price has moved perpendicularly, without providing many confirmations to enter a trade. However, this is not something that will happen forever. Eventually, the price will adjust to the natural movement of the market, and that is the scenario where our strategy has the probabilistic advantage. In the meantime, I prefer not to force any trades.
-------
That said, what I'm interested in for the upcoming week is to see how the price reacts if it decides to reach a new ATH in the CME Futures and how far that momentum could go.
I don't know to what extent it would be advisable to look for short trades in this scenario, but if you do try this type of trade, always adjust to the greatest advantage found above the open and previous highs (daily, weekly, monthly).
For now and until further notice, I will only be interested in looking for longs if I see the price fall next week to the FVG-D zone and the monthly open (MO), where the Fibonacci levels are also located to look for entries, according to our strategy.
If the price falls to that zone and manages to stop, and then begins to create a structural change on lower timeframes... then it's most likely that we'll look for a new ATH again before the end of October.
.
.
.
-------------------------------------------------------
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
...
