BTC might go below 50k if the german govt continues to sell their Bitcoins. And they will trigger investors. I'll let my SL to be Hit or wait for opportunity to close my position in lower loss. We can't beat the market but we can adjust our risk. Stay safe

BTC market update

The last 2 days had been a struggle for BTC to go upward. Though, we all know we've been manipulated for us to pull back positions in losses. Market makers will always look at the areas where the money is sitting. Right now it's undetermine yet as I don't see we entering the bearish market. That 57k to 60k is the area of consolidation. And it's becoming a battle. Be careful for taking shorts as you are in the considered demand zone now. Liquidations are more on the upside than the downside. Money makers target is to put fear to investors. Now, If BTC breaks the 55k level, then it might go down to 40k to 45k area. Those were unmitigated areas. But if BTC regained the 65k to 66k then expect it's going to 70k to liquidate shorts. It's just a matter of time and we can't tell yet who will be the first to be liquidated. I already entered stop loss at 54,8k. So if it get stopped, I'll reposition below 50k.

BTC update

BTC just broke the 63k level earlier. Good signs of shifting to bullish side. But I need to confirm it still. It also ended the week with strong push back though not enough but might indicate a reversal in the next days. Now I'll look for a retest from 61,4k to 61,8k areas then bounce again to 63k. As long as this levels are being played, then it's considered to be consolidating again before pushing upwards. You may see a slowly but surely upward trend in the next days until it reaches 68k. Please be guided that analysis may invalidate depends on the news/events. But possitive rumors spreading may increase the investors confidence to bring back BTC to it's strong bullish season. I've been holding my long position since it dropped last week. Still holding for longer period.

BTC update

Confidence is weakening. Not enough buyers and shorts are winning. BTC might fall to it's major support around 59k. Panic sellers will pull out with losses. Be careful of placing long positions. A sweep can happen in a matter of hours. Stay safe

BTC update

I thought that consolidation will start at 62k. But it looks to be from 60,6k to 61,3k at the moment. So the scenario seems to be the market is waiting for some news or events. I actually waited for 2 days for BTC to correct to 60,6k - 60,8k then bounce back to 62k. So most probably it will just go sideways. Now, If BTC drops below 59k, then that is gonna be bearish so that 50k to 52k is going to be possible. For BTC to shift to bullish side, It should go back from 63k to 65k. The liquidity Map shows more liquidations in shorts on that area. We might not see 74k for longer period of time unless some good news happens. There is no confidence for BTC to push high as of now. The demand zone still undetermine in longer timeframes. Please be safe. I got my stop loss at 58k in case my analysis are invalidated.

BTC update

BTC is indecisive. Lol

BTC ETH update

BTC made a slight recovery up to 61,5k. But it has not touched the 62k to start it's consolidation. I expect BTC to correct at 60,2k to 60,4k. But once disrespected by a closing red candle below 60k, we might experience another liquidity below 59k or even below 58k. The trajectory of sweep is 56k. Be careful of taking long positions. Wait for it to correct. As of now, ETH has not entered the 3,1k level. And I see it needs to be happened. Below 3k is so bearish for ETH. I'll continue to watch the market conditions to verify my insights are correct. We can't predict the market but few weeks back, I already assumed that an imminent event is about to happen. However, the next few days remaining this month can be crucial. The past big market movements are due to fundamentals. Current events becoming a factor now as technical analysis can be invalidated more often. In positivity, the long term scenario for BTC and ETH are both bullish. Some alts are expected to pump randomly so you can consider loading your bags

BTC update

While BTC made a drop, some ALTS were just chilling. Is this the start for altseason? We can't tell however, it seems the money were transferred to alts for a moment cause btc is dropping. Now, let's see if BTC can regain the 62k level in hours. From there, it will consolidate. But if not, we may see another series of downtrend.

BTC

Liquidations and more. I know most investors are in panic. They FUD and that's what the market really do. The target are the retail money. Look at the longer perspective. As they say, " Money transfers to patient from impatient". It's about to be over. When you are in fear, then that's where you grab the opportunity. Respect what the market does. Be patient, you will be benefited in the long run. Trust that.

BTC ETH

Now it's happening. That massive liquidations below 62k BTC is reflecting. I said this before. What's good? I expect that the push back is near. The buy zones are from 60k to 62k BTC and 3100 to 3400 ETH. It may take a while for a slight upward movement. And this time I'll take my positions then add more to cover all areas before it get's liquidated. I'll just let market makers to move and settle some paper losses in my portfolio. Fear and Greed is now in neutral. This can be also a good sign. And I expect more retail investors will FUD in the next days. That's where opportunities will come. See you at 74k soon.

ETH update

So far, ETH had the strongest support at 3400. BTC downtrend might be near over and expect a slight pump. But no assurance that it will comeback 70k in the next days. If BTC pumps then ETH will pump more.

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BTC Market update

So I made a time off for days to get enough rest from trading. Now I'm back. So my last post was I'm bullish with BTC. But my prediction was wrong, though the recent decline is due to FOMC result and still taking it's effect. As reviewed the market it's seems it's going down even further. I'm placing short entry at 66200 with 68000 stop loss and take profit at 61000 with 1:3 risk reward ratio.

So far the current market movements are due to news. It can also impact the overall market directions in the next days. As of now BTC is in the traders zone but as I can see, the liquidity below 62k is massive and may hit below 60k. This zone is where the big players are about to move. In case the scenario happens, we might experience a huge sell side liquidity before a pump to 74k as Ethereum spot ETF rumored to start this end of june or the start of july.

Still keep safe. Place your stop loss. Or don't get your margins too close from your entries.

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SOL ETH BTC

So I got my stop loss hit at 159 with my position in SOL. Now I'm about to put my re-entry. I still believe of the bounce back. I'm okay with hitting stop loss. Maybe I got my SL too tight this time. Lol. It's just a little portion of what I already making in my trades. You can't be better if you're afraid of losing. Hence, you have to do it scared. This cycle is bullish. Give it a time. Take opportunities cause we may not see this areas for longer period of time.

#SOL #ETH

As the major crypto is currently bleeding, the best buy I can see right now is SOL and ETH. But BTC needs to go upwards and redeem 70k levels. Let's watch. If you're going long, please enter tight stop loss. I got mine at 159. I can sense a bullish weekend. Stay safe and be patient

BTC

Massive liquidations as BTC went down to 68k area. I did short at 71,5k level then it almost touched my Stop loss at 72,5k. But luckily I got my TP at 69,5k. Marked a 1:2 risk reward profit.

Why did this happen? So first, I looked at the 4H chart and it's pumping like wild. However, whenever I see this scenario, I always assume that there is something sketchy and there's a high probability that whales are about to make movement to the opposite side. You gotta think how whales manipulates the market, and the whole market depends on BTC. You have to think multiple times when you put a long position in the area of which is already overwhelmed. Yes overall BTC is bullish, but when you just look only the charts, it can also fool you. This stage is a play of liquidity, too many people believe that BTC will no longer look back to downside level reason why they FOMO.

Well, I don't think it will go down further below 67k but I already set a long position at 68,4k with the stop loss at 67,4k. If my stop loss get hit, then I also got an entry at 67k. I believe BTC will recover this weekend, there is much of short positions to be liquidated than long positions. Stay safe

BTC update

BTC slowly climbing the ladder the past hours. With no signs of huge downtrend movement. However, in 5m to 1H Timeframe, BTC is in bearish flag. I assume it will fall atleast 69,9k then a quick bounce back. BTC is about to reach 74k but needs to break 71k resistance level. Let's watch what will happen the next couple of hours. In daily chart, BTC formed a cup and handle signifies bullish trend. Overall, BTC is bullish.

#1000x PEPE

So pepe has been declining but still strong. I made a long position and will wait for it's bounce back. i can't confirm the areas yet I see it's still so bullish. Let's just make way for the gaming tokens to pump.

#NOT

So NOT is one of the biggest gainer the past week. We can all expect that there will be consolidation before it pumps again. And currently it's sitting in the area of 0.0200 to 0.0220.I tried short from 0.02200 but the support at 0.0200 after multiple attempts it still strong to break. Maybe because of high volume. I decided to reverse my position to Long and expect to break ATH. I have 7 days of validity of my position so let's see. I have my SL at 0.01500. So whatever happens, win or lose I'm to close the position next week.

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ETH

Update on ETH. Watching the levels of 3825 and 3800. If those areas get declined, then we can see it going down to it's major support at 3660. Great opportunity to buy at this level. At the start pf the daily timeframe, we did not see any significant pump from ETH unlike PEPE that surged. But still, I don't recommend shorting ethereum. Let it fall then buy.

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SOL

Well, it seems my analysis was wrong. A sweep just hit my stop loss. And that's okay. BTC still strong but SOL not following the trend. We might see declines, i'll just set up once I see reversal.