It's a classic move in market manipulation to shake out long

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Crypto JK

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It's a classic move in market manipulation to shake out longs and lure inexperienced traders into shorting. Avoid getting caught in the trap; my macro outlook remains bullish.

It's a classic move in market manipulation to shake out longs and lure inexperienced traders into shorting.
Avoid getting caught in the trap; my macro outlook remains bullish.

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Crypto JK

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$FTM M30 Bullish Idea • EMA GX needs to sustain and bulls need to regain momentum for this to continue. M15 market already above EMA200. • Trading above bullish NT. • Trading within trendline golden zone. • Broke the POC, but has yet to enter 38% Fib level. • TFO just slightly below the overbought zone; still has room for more upward push to try and touch the EMA200. • If bulls push further, it could lead for market to trade above EMA200 already, regaining M30 bullish territory. Could also break the 62% key trendline resistance and enter the Fib golden zone in the process. Key break points to WOF: • $0.7135 • $0.7604 • $0.7998

$ZETA H1 Bullish Idea • Lower frames' market are already above EMA200, chose H1 to monitor when price would also make a bullish crossover on its EMA200. • Market trading above bullish NT and EMAs just recently made GX, waiting for a VAH breakout from hereon. • Still expecting corrections along the way as TFO is currently already in extremely overbought zone. • Market is already trading inside the trendline golden zone. A strong bullish push would lead to breaking the VAH, 62% key trendline resistance and EMA200 all at once. Key break points to WOF: • $1.3645 • $1.4441

$BIGTIME H12 Bounce Prediction • Market tried to slowly go up earlier but still failed and is still below bearish NT right now. • Trendline support playing a strong one. In case of a break, predicting a bounce from the lower support somewhere $0.1421. • TFO still in oversold zone but is now curving upward teasing a reentry on neutral area. Key break points to WOF: For further downside • $0.1631 • $0.1421 For possible bounce • $0.1996 • $0.2238

TOTAL3 Bullish Shark • Bullish shark formed with the recent market dip. Invalidation will be a close below 510B. • Bounced from the VAL, 563B serving as a strong support. Has entered 24% Fib level, but still unable to sustain trading above 38%. • Retest on 24% Fib level is a possibility before trying to enter golden zone and try breaking POC to trade within the EMAs. • TFO still in oversold zone but is already trying to reenter neutral zone. Key break points to WOF: • 661B • 687B • 703B • 726B • 754B

As market tensions rise, expect feeds to flood with panic-inducing narratives, instilling fear of missing out on potential buying opportunities. Hedge funds will caution against "Buying the Dip," and bearish sentiments will dominate headlines. However, history often repeats itself. Similar to 2020, expect dips to rebound at twice the speed they descended. Savvy investors will capitalize on these downturns, reinvesting in promising assets. It's essential to note that a 20% to 25% drawdown following each all-time high is a common occurrence, as previously discussed. Surprisingly, adverse events like hacks, conflicts, or fear, uncertainty, and doubt (FUD) often fuel bullish momentum, turning adversity into opportunity.

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