Looking for a long in it once it flips the 0.1077 level. As it'll have a strong trendline support & ofcourse the Fibb levels gonna push it towards highs.
All it needs to give strong closing above the mentioned zone.Keep it under your watchlist. Giving a strong vibe that It'll pump hard once we get our entry.
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There is a possiblity of a healthy Retracement before the another legup. The pump was because of the FOMO of Trump win. I'm placing Long Order now to grab the opportunity in case of dump.
📚 For Education purporse 📚
Holding strong with multiple support levels:
1- Key Fibb level support near entry 2- 25EMA holding since last month 3- Unfilled Order Block 4- Major 4% FVG (69900-72700) due for a fill soon
Grabbed good move of $BTC. Pumped from the zone we expected. However Weekly closing looks bad but all depend on the election results now. Otherwise we may go down ( short term )
Weekly Candle looks super bad to me. $67.8k is working as a major support for BTC. However we still have Two Possibilities from the current zone :
👉Possibility 1 : Pump from the Current zone anyhow, in order to be in the Bullish momentum towards ATH 👉Possibility 2 : Breakedown from the current zone & Pump from the $65k - $66k zone.
Additional : If $BTC wants to grab downside liquidation then it can dump to $62k because liquidations lies in this range only. I'm in favour of "Possibility 1". Let's see where it goes.
Taking minimal risk. Placing limit order for now but waiting for the NY session to start first. If i feel that market is not ok then we'll cancel the order. Till then place it.
⬇️ For Educational Purpose ⬇️
Taking this trade because of OB that is just above our Entry zone & then the EMA resistance available at the same zone, including the trendline breakdown that is trying to retest now. Looking Possibly a rejection from here.
Weekly Candle looks super bad to me. $67.8k is working as a major support for BTC. However we still have Two Possibilities from the current zone :
👉Possibility 1 : Pump from the Current zone anyhow, in order to be in the Bullish momentum towards ATH 👉Possibility 2 : Breakedown from the current zone & Pump from the $65k - $66k zone.
Additional : If $BTC wants to grab downside liquidation then it can dump to $62k because liquidations lies in this range only. I'm in favour of "Possibility 1". Let's see where it goes.
Again looks super solid here, Taking Entries partially now. Keeping in mind about Elections as well. If Trump wins then along with $BTC, DOGE also gonna fly
Grabbed good move of $BTC . Pumped from the zone we expected. However Weekly closing looks bad but all depend on the election results now. Otherwise we may go down ( short term )
Let's see if it again came to our Entry zone or not. BTC looks good from here. Followed by a Uptrend Local support & also can see USDT.D rejection soon possibly
Plan for TAO is simple 👇 If it'll give me an opportunity to get in near $381 - $372. Then i'll be super happy to long it & fill some for my SPOT bag as well.
We've a Fibb level support & also it came back to retest the level it breakout previously.
Again looks super solid here, Taking Entries partially now. Keeping in mind about Elections as well. If Trump wins then along with $BTC, DOGE also gonna fly
Currently BTC is moving above our Entry point which is good but market have very low volume which may cause some sort of risk. Our Stoploss is 2% only. So not big risk.Although Trading is the game of risk. So we need to take it
Let's see if it again came to our Entry zone or not. BTC looks good from here. Followed by a Uptrend Local support & also can see USDT.D rejection soon possibly
Reason : Fibonacci levels suggest a bounce at the golden ratio with lows swept.
Strategy : Split your investment: If you're investing $100, use $50 now and $50 later. Why split? Minimizes risk by entering the trade in two parts, capitalizing on potential upswings while safeguarding against downturns.
Let's see if it again came to our Entry zone or not. BTC looks good from here. Followed by a Uptrend Local support & also can see USDT.D rejection soon possibly