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Crypto JK
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M15 Short Idea
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$BTC D1 Bullish Idea. Bullish shark harmonic pattern still valid, and my greedy target is still towards 80k price zone. We have a daily FVG as shown in the chart, dips that happened from 2 weeks ago weren't successful in even filling portion of it and just bounced off 79% Fib level of its downtrend from July 29 to August 05. We're seeing rejection once again from creating new ATH as the recent pump was 17,617 pips shy from breaking it and has caused somewhat an evident sell off from the weekend doing a -8.29% fall in the process. I am seeing 3 potential bounce scenario from hereon if ever market continues to dip. First would be a POC bounce, and the second is a 50% D1 FVG fill in the event of a POC breakdown. Lastly, my EMA21 currently sitting at $68,164.50 as of the posting could serve as the market's trampoline. VAH breakout could be another chance to create new ATH and hit my extended Fib levels. This idea comes with the upcoming US elections, and if Trump wins, it'll likely trigger the bull season.
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WTF is happening to the market?
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Total Crypto Market 24H Liquidation (11/02/2024, 09:21 PM UTC+10) 🔴LONGS: $121.21M 🟢SHORTS: $78.19M A total of 68,159 traders got liquidated, resulting in total liquidations amounting to $199.40M. Notably, the largest single liquidation order, valued at $5.02M, occurred on OKX for #BTC-USDT-SWAP.
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$MOODENG H4 Bullish Idea. I've been observing its market for the whole day, and the VAL is serving as a strong support as of this posting, passing by the POC in the process. Let's see how market reacts on this FVG as it is already teasing a potential trade within the EMA zone. Bearish ABCD observed, with possible retracement towards a greedy zone at the 162% extended Fib level. Pattern invalidation if price goes below $0.19382. In the event of an EMA GX, I expect market to eventually trade back at the $0.23 price zone, and test a probable VAH breakout.
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📣 Attention ninjas! Don't Miss This: CZ Chat with Altcoin Daily at 3:55 PM (UTC+4)! Join in as CZ dives into the latest insights and updates in the crypto world with Altcoin Daily. This is a rare chance to hear directly from one of the industry's top voices! 👉 Watch live here to be updated and gain good insights.
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