Mike-BTD
@t_Mike-BTD
What symbols does the trader recommend buying?
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Mike-BTD
BTC rolling over, however market structure on higher timeframes doesn't suggest continuation yet. Momentum and trend oscillators are in a slump until they get oversold. Full TA: Link in the BIO
Mike-BTD
LINK is showing signs of follow-through as the momentum potentially gets overbought. After achieving a CHOCH the only thing left is to break above the tops and follow through the volume gap.Full TA: Link in the BIO
Mike-BTD
ETH is forming a nice structure that looks like a nice flag on higher timeframes. Structures allow you to create setups that include valid risk management. There is a clear volume gap below that can present some weakness. Full TA: Link in the BIO
Mike-BTD
BTC has taken a pullback after the orange swan event. Now that volatility has pushed down, I want to see the bullish response. If the bulls can't maintain the uptrend, the market structure defines a lower high. A CHOCH usually begins with a lower high followed by a lower low. Full analysis: Link in the BIO
Mike-BTD
SOL will either break out or consolidate into a tradable structure. The orange swan event sell-off leading into the weekend is not a good time to enter fresh trades. However, preparing appropriately for what is coming next is a valid strategy. Full TA: Link in the BIO
Mike-BTD
SUI is going sideways while CETUS FUD spreads through the markets. Sui market structure is still making higher highs and higher lows. The oscillators show bearish divergence, but price action has not followed through yet. Keep track of the developments and make non-emotional decisions. Full TA and analysis: Lin in the BIO
Mike-BTD
BTC is showing signs of bearish divergence on many of the timeframes, but the bulls don't care. However, traders need to. Signs of divergence can eventually get follow-through, but not without a proper market structure. At the PA, divergences can be invalidated and disregarded. This would result in the trend being our friend. Full TA: Link in the BIO
Mike-BTD
Mike-BTD
ETH is showing some weakness after a strong rally. This is normal. Expect profit taking and re-accumulation at lower levels. Picking up bullish bits on dips is how ETH makes a higher high.Full TA: Link in the BIO
Mike-BTD
BTC is ranging with a volume gap below. The volume gap below suggests that there is no liquidity until 98k. If the market wants to hunt for liquidity before going to the moon, that is where it will go. Full TA: Link in the BIO
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