BTC UPDATE The daily chart is showing again a topping tail candle, and a sweep of the 80k low could indeed tap into the weekly Fair Value Gap (FVG). 80k-74.5k is the critical support zone, where BTC needs to create a bottom. A break below this zone could lead to a loss of market confidence and potentially trigger a bear market.The topping tail candle on the daily chart indicates selling pressure if this continues, Sweeping the 80k low is likely. #bitcoin
SOL UPDATE $SOL is trading around daily demand zone that i mentioned in previous update and i am long on sol from here. i will add more margin if sol break above desending channel on 1hr time frame. my potential targets are 220$, 230$ and 245$
$HYPE has bounced almost 18% from support zone around 20$. it has printed very nice daily candle that shows buying interest and confidence. we can expect hype to continue this bullish momentum in coming days. If price consolidate or hold above trend line it can easily reach 28-29 zone, willing to add some hype around trendline with target 🎯 28-29$. Moreover if price break above 28-29 supply zone my next target will be 35$.
$HYPE has bounced almost 18% from support zone around 20$. it has printed very nice daily candle that shows buying interest and confidence. we can expect hype to continue this bullish momentum in coming days. If price consolidate or hold above trend line it can easily reach 28-29 zone, willing to add some hype around trendline with target 🎯 28-29$. Moreover if price break above 28-29 supply zone my next target will be 35$.
$STRK is in a complete down trend, let's analyse and see if we can get some trade opportunities. Important level to watch for this coin is 0.0965(support level in the past), currently it is consolidating below this level and it's been 27 days. I will guide you about this level how things actually work and share possible scenarios. Here is one more thing to watch which is the support trend line that is being connected with the swing low and $STRK is holding and respecting this trend line.
POSSIBLE SCENARIO 1. If price close above or consolidate above 0.0965 resistance level in coming days then this level will act as support that means price is expected to continue it's uptrend. we can watch for Buy setup above this level.
2. If price fail to reclaim this level and continue downward we have to keep our eyes on the support trendline to see if price wants to continue it's bearish trend or we can get some sort of bullish reaction again from the trendline, Incase price breakdown support trend line it is expected to bleed further. according to technical this trend line is the last hope for the bulls.
THINGS TO LEARN FROM THIS POST 1. Always look for facts that support your trade plan 2. Don't trade in hope, come up with logic and facts 3. Watch important levels on the graph, trade these levels in either direction you want to trade and come up with stuff that support your plan. 4. Don't trade in-between, most of the people lose money doing this 5. Improve your technical and graph knowledge, graph tells you everything. 6. Everything shared above is based on technical and market experience and nothing about fundamentals is being discussed.
follow me if you think this post is a bit helpful for you I will share more later #strk #BNBGiveaway
$PLAY has pumped almost 70% but it is ranging between 0.06-0.07.currently graph is showing a short trade opportunity which is being analysed and we have multiple reasons to short playusdt.i have mentioned my entry, TP and SL in the graph.
REASON TO SHORT 1. liquidity sweep 2. bearish order block 3. liquidation heat map is showing downside liquidation you guys can take this opportunity with me if you're interested, will share results with you also! #PLAYUSDT #BNBGiveaway
who took the entry, unfortunately missed my entry it tapped our zone and dropped down it was analysed well $PLAY
ahmedybala
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Baisse (björn)
PLAYUSDT SHORT SETUP
$PLAY has pumped almost 70% but it is ranging between 0.06-0.07.currently graph is showing a short trade opportunity which is being analysed and we have multiple reasons to short playusdt.i have mentioned my entry, TP and SL in the graph.
REASON TO SHORT 1. liquidity sweep 2. bearish order block 3. liquidation heat map is showing downside liquidation you guys can take this opportunity with me if you're interested, will share results with you also! #PLAYUSDT #BNBGiveaway
$PLAY has pumped almost 70% but it is ranging between 0.06-0.07.currently graph is showing a short trade opportunity which is being analysed and we have multiple reasons to short playusdt.i have mentioned my entry, TP and SL in the graph.
REASON TO SHORT 1. liquidity sweep 2. bearish order block 3. liquidation heat map is showing downside liquidation you guys can take this opportunity with me if you're interested, will share results with you also! #PLAYUSDT #BNBGiveaway
$BTC still holding 92-93k zone nothing changed it is a good fib level for BTC at almost 35% discount rate from ATH. it is a decent discount for long term holders if we break below this we will see bitcoin somewhere mid 80s. remember structure is bearish and if this structure continues i will buy BTC around 75000 i am not a BTC buyer until i see bullish divergence. 85-86 is also good buy level! #BTC #UpdateAlert
yesterday i shared $BTC update and informed you that if BTC did not hold 100000$ we are going down towards 93-94k range and now i am long on BTC from this zone with a tiny stoploss. lets hope for the best, trading from goods zones cost you nothing be patient and let the market play first.
$BTC is currently trading in a zone of 100000 to 107000$ and these are important levels to watch. close below 100000 means possible downward move till 93000-94000 zone and close above 107000 will push price upward to 116000-117000 zone. keep eyes on these levels and make informed decisions. be wise be ahead! it is important for BTC to hold above recent low around 100000 otherwise market will bleed badly. #bitcoin