BTCUSD.P Analysis (March 21, 2025)
Translation: Current Time: March 21, 2025, 13:26
Translation: Current Price: 84,185.1
Overview:
* The overall analysis across all three timeframes indicates a slowing downtrend for BTCUSD.P.
15-minute Timeframe (15m):
* The 15-minute chart shows consolidation, with price moving in a narrow range.
* Trend line in TF 15m indicate price consolidation.
* Monitor Buyside & Sellside Liquidity levels for potential breakout points.
4-hour Timeframe (4H):
* The 4-hour chart demonstrates a clear downtrend.
* EMA 50 and EMA 200 reinforce the bearish trend.
* Trend line in TF 4H shows down trend.
* Money Flow remains negative.
Daily Timeframe (Day):
* The daily chart confirms a downtrend.
* Trend line in TF Day show long term down trend.
* Trend Strength shows downtrend signal.
Trading Strategy (Daily Trade) using SMC and ICT:
1. Entry:
* Consider entering a short position on break key resistance level on the 15-minute chart or upon ICT reversal signals.
* Wait for confirmation signals from Trend Strength.
2. Take Profit:
* Target next support levels on the 4-hour or daily charts.
3. Stop Loss:
* Place stop-loss orders above key resistance levels or the nearest Sellside Liquidity.
4. Risk Management:
* Use appropriate lot sizes based on risk tolerance.
* Avoid risking all capital on a single trade.
Cautions:
* Market volatility: BTCUSD.P is highly volatile; always use stop-loss orders.
* News and events: Stay informed about potential market-moving news.
* Trend line change. Be aware about trend direction change.
Additional Recommendations:
* Utilize Premium/Discount Zones to identify advantageous entry and exit points.
* Wait for candlestick price action confirmation to increase trading accuracy.
Conclusion:
* BTCUSD.P is in a down trend; focus on short positions.
* Use SMC and ICT for high-probability entry and exit points.
* Prioritize risk management.
Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Traders should conduct their own research and exercise due diligence.
