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theSignalyst
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BTC
almost 100K!
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BTC
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theSignalyst
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📚 Today, I want to demonstrate the correlation between BTC and USDT.D: As long as BTC doesn't close a full day below the blue trendline and USDT.D doesn't close a full day above the upper red trendline, this phase can be considered a correction.
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💡Can you spot a pattern here? As shown in my last two Christmas posts (attached to the chart), BTC broke out of consolidation and surged by around 70%.📈 I believe this Christmas will be no different.
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📈SOL has been bullish from a macro perspective, trading within the rising channel in blue. 📚 As per my trading style: As #SOL approaches the green demand zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) and target the $300 round number for the next bullish phase.
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$PYTH, $GLQ and $AERO has been in a correction phase and currently approaching the lower bound of its rising wedge pattern marked in blue. As long as the green structure holds, I will be looking for trend-following longs on lower timeframes.
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The new blue circle marks the intersection of a key structure, the lower blue trendline, and the $100,000 round number. 📚 According to my trading style: As #BTC approaches the new blue circle, I will be looking for bullish reversal setups (such as a double bottom pattern, trendline break, and so on).
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