#ETHBTC dump to 0.05 done ✅ Broke down the channel. Now at | Wise Analyze en Binance Square

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#ETHBTC dump to 0.05 done ✅
Broke down the channel. Now at the first point of interest - April close. If won't bounce here, next will be 0.04765
If bounce, then see my previous forecast - wait for bearish re-test of 0.0515
$ETH #ETH #Ethereum 

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ETH

2,289.79

+1.05%

1.1k

0

Respuestas 0

Cotización 1

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📉 Bitcoin Daily 📈 $BTC finally dipped to the zone I've marked since August 12th. Why was it so inevitable? Because week candle formed a very long buy tail and same as with fair value gaps, most of the times they get revisited in future. Which happened yesterday ✅ So is it the bottom? At this moment none of timeframes shows that bearish momentum is gone. It doesn't mean that this can't be the bottom, just the fact that we don't know that yet for sure. I'll be watching the chart and inform you once I see confirmation. Till then buying that dip counting on a swing low is gambling or catching falling knifes. Unless you scalp it short term of course. The way week candle closed at CME Futures I can assume that next week we may expect continuation in the same direction. Zone in between 2023/2022 close (42.5-47k) can be taken as bearish target, although I doubt BTC will close next week there. Maximum touch the top of that zone with a wick. By all means now is the time to get ready to buy the dips. And certainly not the time to bet on shorts. Nearest liquidity pools: above - 54737 / 55288 / 55840 / 56635 below - 53580 / 52379 / 49480 / 46817 Lines on the chart: 🔸58942 - August close 🔸55969 - week low (liquidity under) 🔸53329 - July low 🔸48888 - August low 🔸44779 - 2023 high Trend: D 🔽 W ↘️ M ▶️ 😱 F&G: 23 < 22 < 29 < 27 < 26 #BTC #Bitcoin #bitcoincrash

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$SUI spent one week within buy zone. Now lifting up. That might be the bullish condition I've been waiting for 🤔 At least if this day close same. Did you buy one of the most promising charts in crypto?

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$MATIC gone from Futures, but that doesn't help it get rid of sell pressure. And if you take a look at volume profile on the left, you'll be amazed by huge difference in volume accumulated under 0.045 comparing to anything that happened above. Spot is in profit, and if market mood gets even more bearish, they'll take that profit and wait for the dip below 2022 low at least. Zone around 0.22 might be the first level for a bounce. After that no reasons to get into that coin until 0.045 Condition to return to bullishness on higher timeframe is MATIC price acceptance above 0.582 - that will give a chance to return back to ~0.84 #Matic #MaticNetwork

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$QUICK quick review, since it is trending at Binance Square 😎 Looks like scam exit pump 🤔 but if manage to close week above ~0.0465 might have a continuation towards 0.0635-0.076 (if only BTC don't sink). Degens load under 0.042

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📉 Bitcoin Daily 📈 Seems like we will see my target for correction at 53-54k (the one I've been writing here in every Daily Review) already this week or in the beginning of the next one. Wicks to ~51k included. Majorities expectations for Feds rate cut for some reason are not being priced in current price action. And same picture is all around the charts - stocks also do correction moves this week. I believe that every strong dip is an opportunity to long. At least for a short term scalp. We don't know if price will continue lower to 44k or bounce from first zone. But most probably every zone will give $BTC a bounce and if taken with high precision it gives very good rewards. Nearest liquidity pools: above - 57680 / 58830 / 59455 / 60287 below - 55604 / 54803 / 54414 / 49555 Lines on the chart: 🔸58942 - August close 🔸55969 - week low (liquidity under) 🔸53329 - July low 🔸48888 - August low 🔸44779 - 2023 high Trend: D 🔽 W ↘️ M ▶️ 😱 F&G: 22 < 29 < 27 < 26 < 26 #BTC #Bitcoin #bitcoin☀️

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