Bitcoin H1: The Chaos Theory Forecast for the Asian Session on 22.12.2024

22.12.2024 00:16
Técnico
The price has fallen below the lower fractal on the chart. This defines the phase space as southern. Accordingly, the most probable scenario for the price change is its decrease. To assess the prospects for the development of this movement, other market dimensions will be analyzed.
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 Awesome Oscillator histogram is currently above the zero line.
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 96520.00
❌ Stop Loss 97862.89
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.