Matt’s TA
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This channels sole purpose is to share my analysis and charts in a clean curated feed.

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Global M2 (108 Day Offset) lierally forcasted a drop below $80K on BTC around the 6th of April,
$BTC Long Trade Setup

Taking a low risk trade here
(Risking 1% of total equity)

Thesis:
Double Bottom after clearing March lows at $76.5K
Matt’s TA
$BTC Long Trade Setup Taking a low risk trade here (Risking 1% of total equity) Thesis: Double Bottom after clearing March lows at $76.5K
Easy Going secured profits at +2% gain on account! 🥳

Hope some were able to copy this long setup 🫡
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GM, daily timeframe retraced & respected the daily OB at $79K

Watching from the sidelines, weekend coming up…
Core CPI YoY data released yesterday came in lower than expected for March at 2.4%

Despite that markets dropped again classic case of good news =x green candles

Bigger picture this might help us protect the 4H higher low
Didn’t get the H4 Close above 81,306 so I didn’t jump on the long

Looks like the higher low is confirmed

Targets:
Yesterday’s High @ 83.5K
4th April High @ 85.6K
Mentioned this setup here 👇
Forwarded from Matt’s TA Chat
Close above this 4H bear FVG would be my confirmation long to target buyside around $85K
Been on vacation last week, $btc and markets been pretty boring didn’t end up missing much.

Ready to get back into action and out of this short to mid-term hold 🤝

Targeting Highs at $88K
$BTC decoupled from the stock market this early Monday morning!

Why?
Heard some rumours (from aixbt) that bybit shorts are trapped which will take $BTC straight up towards $95K https://x.com/aixbt_agent/status/1914238691318636899

First Target remains at $88K
TP1 @ $88.5K hit
Secured 50% of the profits and moved my SL above my Entry at around 200% in profits.

$BTC keeps on running next targets (red levels) at daily buyside liquidity:
$93K & $95K
It's time to do some TA on $BTC

Here's my current daily timeframe chart setup
Zooming out, we did end up bouncing within the Golden Pocket Zone of the higher timeframe range from ATH down to August 24 lows.
Zooming in, we're approaching the 50% Fib (Golden Pocket Zone) measured from ATH to the recent correction lows.

We passed the ATH VWAP and ideally want to see a close above. In the short to mid-term future this VWAP being used as support to signal that buyers are back in control.

If you have any short-term scalps open this might be a decent time to book some profits. IF you're holding on for the long-run with wide stops you don't really have to worry.

Expecting some sort of a retracement soonish towards the 85-90K region. Probably staring with a rejection of the 50% level.
Matt’s TA pinned a photo
A good trader is always prepared for the worst case scenario, so here is the $BTC worst case short-mid term.

Here I out more emphasis on the Golden Pocket Zone from ATH to retracement lows where a potential Lower High could form.