#Alts are showing Risky Behaviour. Wait for Reversal Candle | Malik Israr Ahmad on Binance Square

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Malik Israr Ahmad

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#Alts are showing Risky Behaviour.
Wait for Reversal Candles on BTC chart.
I m expecting side ways move till middle of October 2024.

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Be cautious it's might a bear trap. 65 % Liquidity has been tackled by whales. remaining is less Probable. It's just to flush out low leverage traders if it happens. NFA #BTC

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#BTC has made Lower low on 4H or Lower Time frames. It's a week buy signal. NFA

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#BTC 1D Chart Analysis: on Bigger Time Frame #BTC is moving in Descending Parallel Channel. From Past Few days #BTC has tried breached upper wall of this channel but failed multiple times. Now we have seen a severe crash now . #BTC is now fallen back inside channel. Price is Testing 50 and 100 DEMA. Massive Liquidity has almost been tackled. #BTC is now in Initial Demand zone. 200 DEMA is a massive demand area for Risk lovers. NFA

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#DOGEUSDT has tested a an important support $0.10871 and now trading below. I m expecting a bounce soon. Below $0.108 there are heavy Clusters of Demand zones.

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#BTCUSDT Update #BTC is holding strong above $63K. $63K Is very important support for now. I will start new long in massive percentage around $61.5K in case of $63K broken. NFA

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