$BTC Bitcoin is in motion after the pattern in this price movement rising in a #IFC manner and showing no tendency to fill #IFC, while many #FVG along the way, but none filled.
Bitcoin is currently close to the psychological resistance of 100k, there is a chance that Bitcoin may experience some correction in the range of 100k to 105k, and we may witness wave X.
DOGE is ready for $1. Elon’s actions confirm this.
- one of the first meme-coins backed by Elon Musk. Recently, Elon Musk stated that he owns a "bunch of Dogecoin," and SpaceX owns "a lot of bitcoins" in a voice message: X.
WILL NOT give 2x - there is an EXPLANATION for this!
There is an incoming impulse and a correction to it in the area of 0.5-0.6 fibo. I am trying to go long from the current levels with the aim of catching at least one more upward five-wave move, at most a new impulse; we will figure out what formation we are growing in during the rise 👌
Nirro rocket at the gas station, welcome on board I believe we have a good trading team, I expect a breakout from the descending triangle and a flight to ATH soon. Those who are worried about the setup, you are just violating the trading rules and strategy; as soon as you start following all the trading rules, you will stop being jittery. Right now, I will take this setup even on #spot, I believe that the trading setup is good for spot right now. I also continue to hold from the limit order.
Adding to the position: the buyer's area of interest is at the price of 0.01889$ , but it is small, and whether there will be trading in this area is also an open question. I will take from the current price at 1.5% of the deposit, and if they give lower in the area of interests, I will add another 1% of the deposit.
I am looking for a SHORT position on BTC. 100K can wait for now. Dear colleagues, greetings to everyone!
Bitcoin has pleased us with active growth. I dare to assume that this may be the last strong movement of BTC in this cycle. Note that before such strong growth, we had a very long sideways movement (highlighted on the chart is a parallel channel*). I consider this movement as a large distribution zone.
The news background is currently working well to distribute the asset to the masses. *Note the price reversal when the asset dropped to around ~$15,500, we had an accumulation zone, then negative news about the FTX exchange helped to liquidate all the long positions.
Right now, I am observing and waiting for the formation of an order block on (H4/D1) to open a SHORT position.
I have highlighted 2 key targets where I will fix my position if given the opportunity.)
$ 1INCH is quite likely preparing to exit the sideways movement with a prolonged correction. It is interesting in that even from the current levels, the upper boundary of the channel already represents a 2x. The potential to reach the target in the area of 1.15$ is almost a 4x.
My plan is to take my position at the upper boundary of the channel. This is already a 2x. I plan to take profits higher in the area of 1.16$.