Btc-bitcoin
PPTUSDT : Looking for Long!PPTUSD is looking for a great buying opportunity after having descending channel & double bottom expecting TG to reach at 1.3$
SOLANA- One Last Ride! (SUB $20)Are you guys ready for the final breakdown? Its gonna feel the most brutal of all and many final believers will be pushed out.
I know I am speaking in certainties, but I gave it a good chance to show it's bullishness, but it failed.
I have good confidence and reasons to believe that this has a GREAT amount of odds of playing out!
Stay wise, prepare for the worst, should not hurt.
Good Luck! See you on the other side! :D
#Bitcoin LTF play imo. Looking at 2 possible scenariosTwo possible scenarios for #BTC in my opinion. It either rallies from here (More likely) and takes out liquidity at 17.5k and then reacts either to HTF OB, Key Level (previous support), or the FVG left behind as marked in the chart. I will look for shorts wherever the price reacts out of these three zones.
Alternatively, if the price revisits the newly forming support at 15.5k, I will be looking for Longs upon bounce but with tighter Risk Management.
#BTC MACRO UPDATE ON WEEKLY CHART, MAJOR BREAKDOWN MAY COME In this Chart, I have compared 2018 & 2022 Bear market
There is a lot similarities in these two fractal
I have compared it in Weekly Chart
1)In 2018 BTC formed Double Bottom after approx 71% decline from TOP & In 2022 $BTC formed double bottom after approx 74% decline from TOP
2) In 2018 it took approx 329 days from TOP to complete double Bottom and in 2022 also it took 329 days to complete double bottom
3) in 2018 After 329 days BTC plunged down approx 53% in next 28 days and if this fractal turned out to be true then bottom would be some where around 7 Nov & 53% down from here would be 9559$
THANKS
btc update we have closed the bearish trade as price got to our projected target of 18950-20
now that price showed a fake breakdown and closed within the range of channel
seems like btc forming inverted head and shoulder
trade setup
buy above 19325
stop loss below the right shoulder (not exactly stated as price still below the buy price )
target 19750 - 19800