Bitcoin H1: The Chaos Theory Forecast for the European Session at 22.12.2024

22.12.2024 09:16
Técnico
The review begins with the analysis of the first dimension of the market. The price has fallen below the lower fractal, located outside the Alligator's mouth. Therefore, the phase space is defined as southern. The most probable price change dynamics are a price decrease. To assess the strength and energy of this movement, let's consider other dimensions of the market, according to the strategy of Bill Williams.
The alligator is active and ready to hunt: its lines laid in a typical for the development of a downward movement order.
At the same time, the AO indicator remains in the negative zone.
The two red bars located below the zero line on the Accelerator Oscillator indicator show an increase in energy in the southern phase of the market.
Signals from the AC and AO indicators indicate that the market has sufficient strength and energy to reduce the price further.
The color of the histograms of the Gator indicator changes, so this indicator has not formed a clear signal yet.
As an epilogue to the analysis, the southern direction of price movement is noted to be considered as a priority. At the same time, the indicators contain signals about the possible development of a correction, which should be used to search for entry points at more beneficial prices.
📊 Sell Stop 95867.30
❌ Stop Loss 97340.18
After entering the market, Stop Loss is moved along the red line after closing each candle. The profit is fixed by moving Stop Loss, or when opposite signals appear on the AO, AC, Gator indicators.