$SOL you see clearly see that sol always drop below 130$ after testing this white trend line, as the bitcoin sentiments are in down trend we might see sol again at 125$ soon.
#Bitcoin Technical Analysis $BTC forming descending triangle thats a bearish formation, breakdown of this triangle could lead the price of bitcoin at least till 64000$ - 65000$, this down trend and this triangle clearly indicating the price are falling and will go more down. the green price box is indicating higher buying zone from where we can see a pull back to 68000$ again.
US elections matter alot and it will bring huge impact on crypto market, I jjust provide my review about the current direction of bitcoin...
My trades plans are still on short, Im ignoring alts coins and just trading in btc thats giving huge profit with less risk, I might re enter in bitcoin short from 68200$
#Bitcoin weekly close might go above 68600, I am marking order for btc short at 69200$ with the stoploss at 69800$, Bitcoin might fall from 68800$ - 69200$. $BTC
I am observing #bitcoin since morning and now its look like it will give another dump near to 67k$-68k$. I'm not advising anyone short trade right now coz we are already alot down from the resistance. If your not in loss you can try luck with small margin. #beyoglu $BTC
$BTC short trade give us enough profit, I don't think we need to trade more tonight , I'll check market in tomorrow morning or afternoon, after that we will decide whether to long or Short .
Well unfortunately i close my short trade at 71000 and thats hurting right now 😂 I'm not sharing any trade for today I'll analyze market tomorrow afternoon according to the current market situation the plan for tomorrow trade will remain for shorts, if the $BTC sentiments looks then we will go for long.
#ALT coins update if you are watching crypto charts, you might found this kind of formation in most of the coin, don't consider it as cup and handle for chart. Alt coins might dump more and it would be a blood bath specially for layer one projects which are already 60-70% down from there all time high...
#Bitcoin Update.. $BTC finally breakout the diagonal Trend line and its now almost near the All Time High trading at 72600$. Now Every is aiming towards 73000$ price if it could break it out or not, we could see a higher selling pressure near ath.. But if it breakout this selling zone the target will 78000$ and then 83000. Everyone asking Why alts coins are not performing even though some of them are dumping while bitcoin is making super surges.. We could see a good relay in alt coin if bitcoin holds above 73000$ then we could see a handsome money flowing into the alts coin that could be a small alt season... I don't have any position open right now, i might try a scalp short trade near all time high, but if you're planning to do the same so keep in mind to marrk stoploss otherwise you would liquidate your account.
#Bitcoin Update.. $BTC finally breakout the diagonal Trend line and its now almost near the All Time High trading at 72600$. Now Every is aiming towards 73000$ price if it could break it out or not, we could see a higher selling pressure near ath.. But if it breakout this selling zone the target will 78000$ and then 83000. Everyone asking Why alts coins are not performing even though some of them are dumping while bitcoin is making super surges.. We could see a good relay in alt coin if bitcoin holds above 73000$ then we could see a handsome money flowing into the alts coin that could be a small alt season... I don't have any position open right now, i might try a scalp short trade near all time high, but if you're planning to do the same so keep in mind to marrk stoploss otherwise you would liquidate your account.