Bitcoin H1: The Chaos Theory Forecast for the Asian Session on 31.1.2025

31.01.2025 00:31
Teknikal
At the moment, the further direction of movement for Bitcoin is not defined. The phase space remains undefined. It is worth being patient and waiting for the price to rise above the upper fractal or fall below the lower fractal.
The Alligator's lines are laid in northern direction and the Alligator's mouth is open. This means that first of all attention should be paid to the appearance of the upper fractals. A rising of the price above such a fractal will be a signal, defining the market phase as northern.
At the same time, the Awesome Oscillator histogram is currently above the zero line.
The color of the histograms of the Gator indicator changes, so this indicator has not formed a clear signal yet.
Several red columns have been formed on the Gator indicator. This is a signal that may indicate the development of a corrective movement in the near future.
Let's summarize. The phase space is not defined. Therefore, it is worth ignoring the signals of other indicators for now and waiting for the breakdown of one of the fractals. This is a predictive event that will help determine the market phase and the priority direction of price movement.
📊 Buy Stop 105766.40
❌ Stop Loss 104933.36
✔️ Sell Stop 104704.10
❌ Stop Loss 104712.21
After entering the market, Stop Loss is moved along the red line after the closing of each candle. The profit is fixed by moving Stop Loss, or when impulse weakening signals appear on the AO, AC, Gator indicators.