Market Manipulation or Just Liquidity Sweeps? $BTC

As the price retraces from the 70,000 area, I'm eyeing the support level around 68,000. If the price reaches this level and shows rejection, indicating a bounce to the upside, it could signify a simple break of structure and a continuation of the uptrend.

In such a scenario, I'll consider taking another long position if the break of structure happens.
My other trade closed in profit around the 70500 area.

It’s sudden drops like this that get people emotional and uncertain of what is going on and of course the retail traders that will try to tell you that it will go to ZERO !!

On another note as we can see on the heat map there is a lot of liquidity sitting at the areas of 68000 and 72000 accordingly.
So the sudden fall is probably just a liquidity sweep and i think that we will go to 68000 first to clear out all the late long positions and then head up to 72000 either today or tomorrow with the start of London session.

I’m passionate about sharing insights with the community. If you’ve found my posts helpful, consider leaving a tip to support my work.
$ETH $SOL
#ICP #xrp #BTC #BOME

68000 is the next liquidity trap for $BTC

I hope everyone is having a lovely Monday.
As we can see on the heat map there is a lot of money sitting at the 68000 area.
I believe today we can see the price go to that area due to the fact that we had a bullish engulfing daily candle close yesterday.

As for me i have a small long position from 66000 which I didn’t give as a signal due to the fact that the risk of it being a bad idea was quite high.

I’m passionate about sharing insights with the community. If you’ve found my posts helpful, consider leaving a tip to support my work.
$BNB $XRP #ICP #GALA #LUNA #BNBChain

Update on my $BTC post. !

All longs are gradually exiting the market as we can see on the heat map.
The weird thing is that there is still some money sitting at the 60000 area which is concerning as to how low the price could go. !

As of now i will stop all my positions with 2 being in profit and $RUNE being our only loss this week.

As for BTC i have buy positions (spot) ready at 60000 and 58000 if we deep that low in the weekend or if Greyscale continues selling 😂

I’m passionate about sharing insights with the community. If you’ve found my posts helpful, consider leaving a tip to support my work.
$SOL
#HotTrends #BNBChain #BOME

Dead zone on $BTC

With yesterday’s post I explained that 62000 and 68000 are the zones to look out for due to the liquidity sitting there.
As of now and as you can see on the photo there are no money sitting lower until the 64000 area so from 66000 to 64900 is a dead zone.

On the opposite we can see that there are millions sitting on the 68000 area which is think will be hunted today when the new York session begins.

Also i closed my long on BTC with some good profit and still hold a small long position on $RUNE

I want to thank all my followers who tipped me and help me create good and educational content for them.
Always trust in analysis.
#HotTrends #BNBChain #BOME #BTC

Key points to look out for on $BTC

As of now all the liquidity sitting around 66000-65000 got swept.
Now there are two major areas to look out for one being 62000 and the other being 68000.
People are sizing up longs and shorts like crazy right now so you wouldn’t want to come in the middle of this gunfire.
My system gave me a signal to go long when we touched the 64700 mark and i entered long on it.
Also i got a signal on $RUNE when it reach 8.450 which i am a bit sceptical about.
Anyhow i hope you have a wonderful day with your trading and remember to always trust your analysis.
$XRP
#HotTrends #ETH #BOME #crypro

$BTC update

So yesterday’s plan was to wait for a retest of the 66000 support/resistance and if i saw any rejection i would have entered short aiming for the 61-60000 support.
I was monitoring it all night and it didn’t show any sigh of rejection so I didn’t enter.
Thats why i always say trust your system, my system just saved me from a loss.

Anyhow now that BTC managed to close the daily candle above my support i will wait for a break and retest scenario But i have to say that there is not too much liquidity sitting around like other times because retail traders are confused as to where BTC will go.

Today or tomorrow i am anticipating a re touch of the 68000 area if we continue like this.

$SOL $XRP
#HotTrends #BOME #BTC

Trade idea for $BTC ?

So as of yesterday’s daily candle closer BTC broke the uptrend and made a Change of character (CHoCH).
Right now there is a lot of fear and panic in the market
And what ever decision we make NOW we will end up loosing money for sure.

So my plan is simple, if we are now in a true downtrend we will continue moving down but first there will be a small pump to make a lower high.
Preferably i will like it to make the lower high around my support/resistance around the 66000 area.
If i see any rejection on the 66000 area where there is also liquidity sitting from the people shorting i will definitely wait for the liquidity to be swept and then enter a small short position aiming for my other support/resistance which is around the 60-61000.

Stay safe trust your analysis and always do your own research.
I created a system with some criteria that need to be met for me to enter a trade which makes it a high probability trade. !
$ETH $XRP
#HotTrends #BOME #xrp #BTC

Thoughts on Market and $BTC

Basically, what's happening now is a regular adjustment in the market, especially noticeable in BTC. It's been on a downward trend for about six days, but there's no need to panic. Instead, see it as an opportunity to buy more of the coins you prefer.
And i usually don’t like to tell people to hodl and DCA but things are different this time around.

Even if some people are panicking and selling their holdings, it's better to remain calm and think long-term. One interesting thing to note is that the average breakeven level for US spot BTC-ETFs is now around $56,000. This suggests that BTC might not drop below that level easily.

So, don't stress about the market fluctuations; they're just part of how the market operates. Stay composed, focus on your investment goals, and use these times to refine your investment strategy for future growth. Remember, patience and strategic thinking are key in navigating through market corrections like these.
$SOL $XRP
#HotTrends #SLERF #ETHFI⁩ #BOME

For me to give a signal some criteria must be met with my strategy so that is why I don’t give signals often but now i have a promising one.

Signal idea for $FIL

My entry will be at 7.645
Take profit :
1) 8
2)8.700
3)9
4)9.650

Stop loss:
7.150

After the first take profit is hit i usually take 25% profit and move my stop loss at break even

If you will like more signals for the future let me know in the comments
$BTC $SOL #HotTrends #FILUSD #BTC

My thoughts on $BNB

So as we can see BNB was moving upwards for some time now.
The demand for BNB was through the roof due to the launch pools that were happening every few days.
Now if Binance doesn’t come out with a new launch pool project the price will most likely fall.

But, we have to remember, the crypto market is tricky. Even if the launch pools ending makes BNB cheaper, there are other things that matter too. BNB’s price changes because of many things, like what’s happening on Binance, and what’s happening in the whole crypto world. Also, if Binance makes something new, it could change BNB’s price again.

So, while the end of the launch pools might make BNB less expensive, we have to think about other stuff too. It’s important to learn more, watch what’s happening, and be ready for BNB’s price to change.

$BTC $SOL #HotTrends #SLERF #BTC #xrp

So i was right to fear the listing of $BOME

So as it seems the listing of BOME on binance was used as an exit liquidity to all the people who were eager to invest the moment it was listed.
No surprise there as i took precautions and stayed away from it for this exact reason.

One coin that has been surprising me for the past few days was $SOL
When everything else was falling and when it had problems with its system for the past few days it didn’t even loss its momentum and power and that is what i call sigh of strength. !

Today I anticipate a lot of momentum on the ai coins due to the fact that its Nvidia’s GTC and already the ai coins are moving up.
I invested a lot in AI coins for some time now and today i think it will be a good day to all who hold them.
$IQ
#HotTrends #BOME #sol #BTC

$BTC and market update. !

A small lesson about trends first.
So if you have an uptrend you will have higher highs and higher lows.
And if you have a downtrend you will have lower highs and lower lows.
With that being said You should not worry when there is a small down move on any of the coins you hold especially when there is NOT confirmed change of character.

The reason i started with the small introduction about trends is for the reason i have been telling you since yesterday to not worry when there is a small correction on bitcoin and not to panic.
And especially NOT TO GO SHORT NOW
Why would anyone want to go against the trend ?

So if you can see on the chart there are multiple signs of trend continuation like the higher highs and higher lows and a nice retest and rejection of our support around the 66000 mark.

And also there is a lot of liquidity from 70000 and upwards so if you are short i would advice you to close it now before you suffer from yet another loss.
$SOL $XRP
#HotTrends #sol #SHIB #DOGE

What is next for $BTC after the 7% fall ?.

So bitcoin has experienced a significant fall of 7% since the all time high and this move made people have flashbacks of the previous time it was at all time high and fell like crazy (2021).
You have to understand something, everything that goes up will always go down even by a little bit, what i want to say is that small drops like this should not frighten you if you know what you are doing.
Bitcoin and cryptocurrencies all together are not a get rich over night scheme.
Anyway now that the psychological part is out of the way lets talk analysis.

As we can see from the heat map and from the chart there is a lot of liquidity sitting around 67350.
What you have to understand with liquidity hunting is that when the liquidity is injected in to the market the price often moves to the opposite side AKA will go up

After the 67000 is claimed the next objective will be 72-74000 before another fall towards 60000.
Again trust your analysis and your system do not fomo in anything and don’t over leverage!!!

$BOME $SOL #HotTrends #BTC #sol
#

New coin listing advice.!

Today at 12:30 utc Binance will list the BOOK OF MEME (BOME).
What i would advise in situations like this is quite simple.
I made a good sump of money from coins that were listed on binance but i always did my research on them before they got listed.
For example BOME is 1700% up from the day of its creation and is up almost 300% in the last few minutes not to mention a 2 billion market cap.
What this tells us is that to invest right away when it gets listed on binance is like going in blind.
If you want to take another example of a meme coin in the same category take $PEPE as an example.
Build on the $SOL system, both meme coins and look what happened to pepe when it got listed on binance, it was already a few thousand percent up and when it was listed it started falling immediately.

Now what i am saying is not that when it will get listed it will immediately fall but I don’t think it will go up more too.
Just simply if you want to buy it just wait for a few days when the heat will cool off.
Remember to always DYOR on subjects like this,this is my opinion and what i will do in this situation.

$BTC
#HotTrends #sol #BTC

High probability chance that $BTC will go to 75K

So as we can see Bitcoin absorbed all the liquidity from 66-65500K.
You have to understand that because bitcoin made a small correction it doesn’t mean that it will go to zero.
All the retailers and high leverage traders are panicking and getting liquidated for no apparent reason.
From what i can see is ,if we manage to close this 4H candle above the 66K support it could easily hunt the
Liquidity sitting at 74-75000.
Take a look on the heat map for yourself.
$SOL $XRP

#HotTrends #sol #BTC #SHIB

$BTC move prediction. !

So as we can see on the heat map guys most of the liquidity that was sitting at 69800-70000 from Tuesday ‘s longs got evaporated.
So what we could anticipate now is that it will also go up and liquidate all the shorters at 74-75000.
I believe this will be the case tomorrow due to the fact that is Friday.
On the chart there is a good sign that could also back up our theory.
The price went and retested the 50SMA on the 4H timeframe and rejected it completely as you can see on the photo (orange line).
However i do believe that all this craziness will soon come to a bigger retest of the 66000 and maybe even lower, it cannot continue going up in a straight line for ever.
This is unhealthy, and i know we all made some money but this movement of the last few months is going to be corrected at some point
$BNB $XRP

#HotTrends #BTC #Aevo #sol #WIF

Another $BTC prediction that is spot on. !

So we managed to close the daily candle above 71000 and as you can see on the chart it is trying to hunt the 73-74000.
From the heat map we can see that there is a lot of liquidity sitting around 74000 which is shorting from yesterday.
I anticipate a capture of the 74000 today because the liquidity that was grabbed yesterday will fuel the move.
Other than that you can also see on the map that there is also liquidity sitting aroung 75-76000 which could also be hunted in the coming days.
Stay safe don’t fomo in and of course if you like my content and analysis feel free to follow and like
$XRP $BNB
#HotTrends #NEAR #BTC

Giveaway update. !
So as it seems other people have been reporting me because i want to help my followers and got my post about the giveaway delisted.
After a long discussion with the binance support team i decided to stop the giveaway completely because they tell me that i violated there guidelines and I don’t want to risk losing my account.
No worries in a few hours i will post my market update so nothing changes we are good
#HotTrends #NEAR #BTC

So my prediction for a correction came true for $BTC today.
We can see that it rejected the 68600 area almost immediately.
So now that the liquidity was wiped and most retailers panicked and sold or got liquidated there is only two types of scenarios that could play out.
First if we manage to close above the 71000 area on the daily it could indicate that there is room for further growth AKA get the liquidity above 73000.
But if we manage to lose the 71000 on the daily we could potentially see an attempt to grab the rest of the liquidity sitting around 66000.
I guess we will see once the daily candle closes.

$ETH $XRP
#HotTrends #xrp #cpi #sol

$BTC move prediction. !

A small correction on BTC is imminent.
As we can see on the heat map there are more people long than short.
What this could mean is that it could potentially go grab the liquidity sitting around the 68-70K and then continue upward.
I think this scenario is more likely if you take in consideration that in 12:30 utc which is 1 Hour away, the CPI numbers will be announced.

$ETH $XRP
#HotTrends #cpi #Aevo #ORDI