Cryptocurrency Pair Analysis by @danish578

I want to clarify that I am not assuming responsibility for anyone here, and this is not a signal. I am simply sharing my market perspective.

BTCUSDT

M5

Assalam Alaikum Here is the five minute chart of bitcoin BTC/USDT now our entry in it is sell because the over all trend is sell so what we do from our extreme poi Can sell because it is our unmitigated order block and we need confirmation there and our target will be M5's main low.

M15

This is our BTC/USD 15 minute chart, and the current trend indicates selling overall. So we are focusing only on selling opportunities. When our sell setup forms, it will be based on our extreme point, which is a mitigated order block marked in the candle. When the market reaches there, we will execute our sell entry upon confirmation of the single candle order block. Our target will be the main low of M15 mentioned as LOWER low on the chart. I have also mentioned on the chart that Main low Is our target we will hold our sell entry until our partial profit or break-even point is set. Setting the break-even point means we will shift our stop loss to our entry point. From there, if the market moves down, our stop loss will not be hit, and we will exit at the entry point when the market reverses.

H1

And here is our chart of H1 BTCUSDT where I mentioned that we have a buy opportunity as the market is trending over the H1 to AL BUY.If the over all trend of the market is towards buy, then we will find a buy opportunity in it. And this is also an unmediated order flow and an unmediated order block that we're going to make our entry and our target is going to be our main high.But remember that whatever is the extreme point or any decisional point, decisional POI, extreme POI, we need confirmation there, we will take entry only after confirmation.

H4

Now let's talk about the H4 chart of BTC USTT and what we get to see on it۔The chart of BTC 4 is also overall Bullish. As you can see in the chart below, I have marked that we will execute our buy after our inducement level has been filled if the market sweepes the inducement level and the single candle order block that we call the SCOB is formed. If yes, we will execute our buy-entry with it. But all these we will take the entry only after the confirmation that the market should sweep the inducement level. There were single candle order blocks. Then when the Scob will be mitegating, at that time we will shift to the lower time frame and take our confirmation. SCOB in the loWER time frame WILL be our confirmation.

Analyzed by	@danish578
Source	Trading view
Pairs	BTC/USDT
Community	Steem4Bloggers
Beneficiaries	25% @null
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