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#ETHBTC
bullish 4H
move
. Should take momentum from that impulse to take it higher. If grow above 0.4076 that will be a bullish reversal confirmation.
#ETH
#Ethereum
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📉 Bitcoin Daily 📈 Short term I expect $BTC to re-test dev Q VAH and if manage to find acceptance above, will be able to continue towards 100-101k. If that move fails, then another dip to ~93k. Won't try to guess any further as market is still very uncertain and a lot depends on how stock indices will continue previous bearish week. It will be hard for crypto to return back to same bullishness if other markets will keep dumping. Nearest liquidity pools: above - 96775 / 98186 / 99670 / 100600 below - 94581 / 93600 / 92275 / 91350 Lines on the chart: 🔸101200 - last week close 🔸99660 - November high 🔸97138 - developing Q VAH 🔸96475 - November close 🔸92272 - dump low 🔸92386 - developing Year VAH2 🔸77200-80260 - CME Futures gap #bitcoin #btc
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I think there is a good chance for ETH to dip and then bounce in the beginning of the next week. Gonna trade that move. This is my long setup. If bounce happen without the dip, setup is canceled. 🛒 Taking ETH Long under 3255 (DCA or alternative entry at 3150) 💩 SL on two 4H candles close below 3100 (-4.77% - invest 21% per 1% capital risk) Risk Reward levels: R1 - 3410 (SL to BE) R2 - 3565 R3 - 3720 R4 - 3876 Targets: 🎯 TP1 3666 🎯 TP2 3790 🎯 TP3 3860 🎯 Open targets
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📉 Bitcoin Daily 📈 Main ideas to remember. Long term $BTC is bullish and I have no doubts in my Halving Cycles chart with top projection for Q4 2025 Mid term weekly chart shows slow in momentum which may lead to two equally possible scenarios: 1) Side range for bullish consolidation 90-105k 2) Range with flash dip to CME gap at 77k and then bounce back up P.S. I don't think that in case of range consolidation we will see same long period as was previous for 8 months. No. It will take less time. Still it can be several months. Nearest liquidity pools: above - 99615 / 100823 / 101534 / 103380 below - 97662 / 96640 / 95060 / 94408 Lines on #Bitcoin chart: 🔸101200 - last week close 🔸99660 - November high 🔸96760 - developing Q VAH 🔸96475 - November close 🔸91958 - developing Year VAH2 🔸77200-80260 - CME Futures gap
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Friday BTC dominance closed with bearish candle (long sell tail and downclose body). This should bring that bearish momentum to weekend and maybe beginning of the next day. On other hand now it landed back to week 20sma, so that can be bullish re-test move for BTC.D - lets stay cautious. Its a strong level and short term bounce highly possible. Same as re-test of that sell tail within nearest week (even if it will dump after).
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Yesterday there was still a chance for "green scenario", but today closed all questions. BTC dominance have chosen violence and blood. Next stop ~60.25% and pray to crypto gods it will stop there. That will give a chance for another altseason. But if grow above 61.5% alts market will be destroyed.
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