Reaching at 39300BTCUSD is reaching at 39300 after the seller rejection to make a movement to the upside.
Cryptomarket
Reaching at 2250Etheruem is looking for long after a rejection & has a clear movement to the upside.
Movement to the downside!Bitcoin is looking for short after reaching at 37000 & has ascending channel fill in it on weekly timeframe.
RUNE 1W UPDATE Rune 1W Analysis:
- Rune has shown an impulsive move staggering gains of around 200-250% from our entry
- Rune currently is at a weekly supply
- Mitigation of that weekly supply can lead to a 20-50% retracement.
- IMO Rune can first pierce the weekly supply trap Buy side liquidity and then start dropping.
- Do not FOMO here rather just observe and try to be a hawk
- Rune is currently sitting at an overbought level.
- For those who are looking to accumulate Rune or want to buy wait for a 20-50% retracement from this zone around 2.3-2.6$ and start adding it to your bags so that you do not miss the next wave.
Optimism Trade Idea Optimism 1D Update:
- Op has been consolidating in the same zone for 2 months.
- Price action looks contracted in a range
- The overall market scenario looks bullish
- Op currently is sitting on the verge of a strong breakout
- Accumulation Zone - 1.35-1.4$
- Targets - 1.8$ - 2.6$
Movement to the downside! Bitcoin is looking for short after showing weakness & expecting to reach at 29000
$BTC | 1H: Today Plan:Shorting BINANCE:BTCUSDT from $34,400. Im bearish on crypto. It seems that buyers are losing momentum, Expecting Dump 33k before 35k. GL!
Previous day:
VAH: $34544
POC: $34452
VAL : $34200
Date: 1 Nov 2023
Movement to the downside!BTCUSD is looking for short after a rejection & showing weakness strength for a move, expecting target to reach at 29800
Reaching at 36000Bitcoin is reaching at 36000 currently forming corrective formation for a movement to the upside.
Optimism Buy Setup Optimism 1D Update
- Price is currently consolidating at the same range
- It will be interesting to see if it can break out of the range change the structure and move with huge volume.
- Accumulation Zone - 1.35.-1.45
- Targets - 1.8$, 2$, 2.7$
- I am bullish on OP for the long term I don't believe in a short-term move.
- Hold Period - 3-6 months.
Movement to the upside!BTCUSD after forming tight correction on 1h & larger flag has clear move to reach at 37,000$ in this week!
$BTC | 1H: Today Plan:Looking for short on $BTCUSDT. Currently, there is a lack of interest from buyers in Bitcoin, it is anticipated that there will be a Dump before it reaches 36k. Have a great Friday!
Previous day:
VAH: $34504
POC: $34227
VAL : $33756
Date: 27 Oct 2023
Reaching at 37000$Bitcoin is forming a correction for a larger flag! Looking for buying opportunity down below, expecting target is at 37,000$
BTC bullish breakout? As per CNBC report,
It is noted that BTC has Lowest Volume participation in Last 4 Years.
"The U.S. regulatory crackdown on crypto combined with the end of the banking crisis in May (which accounted for much of its year-to-date gains) drove market makers and traders away – and they haven't had a reason to return"
But after US 10 years bond yields report,
It is acting like Catalyst.
In amid uncertainty of global market, this sudden movement in the BTC price has been Observed.
It is likely to retraced back since volume participation is not much to an expectation.
Need to see if it hold above the upper trend line.
I hope we printed the money!! So folks,
the candles printed exactly the way I wanted them to see printing on the charts, I was ready for this. Took a very profitable short trade while I could. I mentioned how the price will tap into my zone of interest, which proved a really profitable retracement for me. This movement was on cards. What really pumped the movement is the world affairs that are taking place right now. I'm waiting for a ride in altcoins now.
AVAX LONG SETUP Avax moving slowly but the structure and swept new lows grabbing huge buy stops.
- AVAX SETUP RISK 17% REWARD -65% (SWING LONG)
- AVAX has a great ecosystem to be added in your long-term Portfolio
- Avax Sell Zone - 13$-16$ ( We saw a massive demand breakdown from 16$)
- Avax has more possibility of testing 13-14$ because that's an FVG area.
- Avoid Leverage
Bitcoin Trade Setup Bitcoin pierced through all the highs.
- I think the volume of the pump was quite strong.
- 10% JUMP in BTC clearing all the supply looks very interesting
- Alts to watch out for are the current outperformers, FTM, LINK, INJ, APT.
- BTC is at a crucial level let a weekly candle close above 33k, before adding any size.
- Do not FOMO in.
BTC | 1H: Today Plan:Seeking to open a long position on BINANCE:BTCUSDT , based on the analysis of the 1-hour chart. The plan for today is to anticipate a bullish continuation and aim for the sell wall at $31,000. Best of luck!
Previous day:
VAH: $29995
POC: $29872
VAL : $29770
Date: 23 Oct 2023
Bitcoin Short Setup Bitcoin is currently trading in a strong supply.
- I don't think there's any strong reason to still stay bullish now.
- I will look to trim my swing longs.
- Do not add swing longs or anything in your Portfolio.
- Max Kill Zone is 32,000$-33,000$ to trap fresh retailers.
- Try avoiding leverage until the market presents a strong setup.
- I will short some Altcoins when I see BTC pumping more.
#BTC #CRYPTO #crypto #eth
Reaching at 1800$ETHUSD is forming a correction & expecting to reach at 1800$ & has potential movement to the upside.
BTC | 1H: Today Plan:I've entered a long position during this retest. The buyers are showing strength, indicating that BINANCE:BTCUSDT will soon break the $29,000 level. Let's see how this plays out!
Previous day:
VAH: $28531
POC: $28417
VAL : $28263
Date: 18 Oct 2023
