Bitcoin$BTC and #Marketstructure : The Backbone of Price Action and Consistent Profits

๐Ÿ’€Market Structure 101:

๐Ÿ‘‰ Price behavior over time shows market trend

๐Ÿ‘‰ Uptrend: higher highs and higher lows = #bullish

๐Ÿ‘‰ Downtrend: lower highs and lower lows = #bearish

๐Ÿ’€Trading Tools:

๐Ÿ‘‰ Moving averages (e.g. 50-period MA)

๐Ÿ‘‰ Trendlines

๐Ÿ‘‰ #RSI (Relative Strength Index)

๐Ÿ‘‰ #MACD (for momentum)

๐Ÿ‘‰ Patience

๐Ÿ’€Trend vs Range:

๐Ÿ‘‰ Trends: clear direction, profit opportunities

๐Ÿ‘‰ Ranges: trade between support and resistance

๐Ÿ’€Market Shifts:

๐Ÿ‘‰ Uptrend reversal: higher highs turn to lower highs

๐Ÿ‘‰ Range consolidation: breakout or reversal ahead

๐Ÿ’ชTrading Tips:

๐Ÿ‘‰ Know the structure

๐Ÿ‘‰ Use tools to confirm trend health

๐Ÿ‘‰ Stay prepared for shifts

๐Ÿ‘‰ Stick to your plan

๐Ÿ‘‰ Save money like solider