imo Markets will continue to do sideways rotation till 6th May before another leg down from 7th May onwards
@cryptosignals
@cryptosignals
Forex Tradings
#BTC BTC Closed Monthly below 61300 which means bulls losing control in HTF but at the same time BTC grabbed sell Side Liquidity below 59.6k which means can expect relief in short term. in Short. PA is bearish expect relief rally for next 3 - 4 days before…
#BTC Approaching the Daily FVG 65.3k - 65.8k, Breakout can lead the PA to 67k however rejection can push Prices lower Towards 61.3k -60.6k.
@cryptosignals
@cryptosignals
Profit booking is Good Habit.
I am booking 75% profits on everything Whether it's spot/longs and moving sl to entry.
@cryptosignals
I am booking 75% profits on everything Whether it's spot/longs and moving sl to entry.
@cryptosignals
Forex Tradings
#BTC Approaching the Daily FVG 65.3k - 65.8k, Breakout can lead the PA to 67k however rejection can push Prices lower Towards 61.3k -60.6k. @cryptosignals
#BTC
BTC Partially filled Daily FVG and rejected which means test of 61.3k - 60.6k is more than likely however Bounce to 64.5k - 65k is possible before drop
@cryptosignals
BTC Partially filled Daily FVG and rejected which means test of 61.3k - 60.6k is more than likely however Bounce to 64.5k - 65k is possible before drop
@cryptosignals
Forex Tradings
#BTC BTC Partially filled Daily FVG and rejected which means test of 61.3k - 60.6k is more than likely however Bounce to 64.5k - 65k is possible before drop @cryptosignals
Well guys BTC reached my retracement levels. I am not taking any positions now.
Missed short as I am traveling traveling didn't have access to Network.
Imo we will get short covering Rally in the weekends.
Trade safe don't leverage.
@cryptosignals
Missed short as I am traveling traveling didn't have access to Network.
Imo we will get short covering Rally in the weekends.
Trade safe don't leverage.
@cryptosignals
Forex Tradings
Profit booking is Good Habit. I am booking 75% profits on everything Whether it's spot/longs and moving sl to entry. @cryptosignals
Honestly speaking i am not liking the current chop in Price action around 60k and even after grabbing the liquidity below the range low last week price is unable to break above daily FVG around 65.5k - 67k which shows lack of strength.
Imo if it doesn’t push higher above 67k next week then i wouldn’t be surprised to see its falling off the cliff towards 52k - 48k by the end of May.
Invalidation for this scenario - daily close above 67k.
@cryptosignals
Imo if it doesn’t push higher above 67k next week then i wouldn’t be surprised to see its falling off the cliff towards 52k - 48k by the end of May.
Invalidation for this scenario - daily close above 67k.
@cryptosignals
Forex Tradings
Honestly speaking i am not liking the current chop in Price action around 60k and even after grabbing the liquidity below the range low last week price is unable to break above daily FVG around 65.5k - 67k which shows lack of strength. Imo if it doesn’t…
#BTC
Price Supported by dynamic ETF Low Support but getting suppressed by Daily MA100 after bouncing strongly from 2024 AVWAP and at the same time Series of Lower Highs and lower lows in daily timeframe (Downtrend).
imo if BTC loses 60660 as Support then it can dip below 59k again.
invalidation for this scenario - Daily close above 67k
@cryptosignals
Price Supported by dynamic ETF Low Support but getting suppressed by Daily MA100 after bouncing strongly from 2024 AVWAP and at the same time Series of Lower Highs and lower lows in daily timeframe (Downtrend).
imo if BTC loses 60660 as Support then it can dip below 59k again.
invalidation for this scenario - Daily close above 67k
@cryptosignals
#ETH
If BTC loses 60660 as Support then ETH will easily dump towards 2700 and lower before bouncing
@cryptosignals
If BTC loses 60660 as Support then ETH will easily dump towards 2700 and lower before bouncing
@cryptosignals
Forex Tradings
#BTC Price Supported by dynamic ETF Low Support but getting suppressed by Daily MA100 after bouncing strongly from 2024 AVWAP and at the same time Series of Lower Highs and lower lows in daily timeframe (Downtrend). imo if BTC loses 60660 as Support then…
Just Remember Invalidation for Bearish Scenario is daily close above 67k. Rest is just chop higher adding fuel for a sharp move lower.
#NFA #DYOR
@cryptosignals
#NFA #DYOR
@cryptosignals
Forex Tradings
#BTC Price Supported by dynamic ETF Low Support but getting suppressed by Daily MA100 after bouncing strongly from 2024 AVWAP and at the same time Series of Lower Highs and lower lows in daily timeframe (Downtrend). imo if BTC loses 60660 as Support then…
#BTC
BTC is still capped below April 22 High (67232) which means it needs to flip this level as Support to continue grinding higher towards 69k. Failure to do so can easily push the prices lower towards 63k -61.1k
@cryptosignals
BTC is still capped below April 22 High (67232) which means it needs to flip this level as Support to continue grinding higher towards 69k. Failure to do so can easily push the prices lower towards 63k -61.1k
@cryptosignals
on the Other Hand USDT.Domi is at weekly support and bounce from here can literally kill Alts considering the High BTC.d at Present.
@cryptosignals
@cryptosignals
#ETH
ETH not even able to grab the liquidity above May High while BTC Grabbed it. this clearly means ETH is lagging behind and any kind of short term correction can provide amazing buy opportunities in ALTS.
I am bullish for Long term but cautious in the Short term.
@cryptosignals
ETH not even able to grab the liquidity above May High while BTC Grabbed it. this clearly means ETH is lagging behind and any kind of short term correction can provide amazing buy opportunities in ALTS.
I am bullish for Long term but cautious in the Short term.
@cryptosignals