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BTCUSDT: Aadil1000x Breakout strategy

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Hello traders!

Welcome back to another episode with analyst Aadil1000x.

Yesterday's scenario was bearish but the market didn't fall as expected. After analyzing the chart with the Aadil1000x Breakout strategy I am sure BTC is about to fall hard.

This is a breakout strategy and we count breakouts so that we can catch the dip from the perfect position. Most of the time We see 7 breakouts.

How does it work?

I usually told you that the market reverses after the breakout and you can see it happened multiple times but sometimes after the drop market keeps trying to push up again and again because of buying pressure, this forced nature does not last long and it ends after a specific period of time and after that market drops/rise.

What is the strategy?

Normally we see 7 breakouts in the Cycle. Every trendline starts from the peak/bottom of correction and every trendline ends when there is a breakout. After the breakout, we start a new trendline. It's not a complicated strategy but choosing a timeframe is extremely difficult once the correct timeframe is detected then you will know exactly what's going to happen.

After the 7 breakouts, we will see a sudden dip and this dip will break the supportive trendline.

Let's talk about the True reversal point strategy.

This strategy is designed to detect pinpoint accurate reversal points but this time we don't have a strong reversal point, it's a 1-star TR point. This will work with pinpoint point accuracy but if the market tries to hit this level again and again then the strength of the TR point will fade away. But the scenario is strongly bearish so whether this TR point holds the level or not but we will See a dip.

Note:

Also, note that the 7th trendline is not started yet, it will start after a candle that close below the previous candle and didn't break the previous candle's high.

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We are still in the 6th breakout. we can see continuous bullish candles, wait for minor retracement then we will put the 7th trendline and after that market will drop hard.
Bearish PatternsBitcoin (Cryptocurrency)breakoutBTCBUSDBTCUSDTChart PatternsCryptocurrencySELLsupportandresistancezonestradingviewWave Analysis

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