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Lucifer-BB
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Hello everyone,
Yesterday I checked BTC.D on the H4 chart and noticed many strange signs, so today I had to sit down and review all the data to make sure there were no issues.
BTC.D is continuously rising and the H4 is approaching 56.6% and breaking up, which makes me fear a sweep of the DOM higher than 59%.
However, based on the chart data $ETH ETH.D, funding rate, and some accompanying data, I calculate that there will be a stronger fake breakout at this position before a strong DOM sweep towards 59.77-60%.
For the reason that I calculate based on the Weekly frame, so if calculated on the Daily frame, this could be quite a strong pull from $ETH after this sweep.
The target for this sweep of $ETH for me is still 3.7k, I will change it if BTC.D reverses.
However, I still need to see how BTC.D reacts:
- First, I will observe BTC.D at the 57.53% position to see how it reacts to decide what the outcome will be. After getting the DOM sweep result here, I will react.
For holders: I STILL ADVISE YOU TO HOLD YOUR POSITIONS STRONGLY, THE PRICE MAY BE SWEPT BUT WILL NOT GO DEEPER THAN THE OLD LOW. STRONG HOLDING.
For traders: As I informed earlier, you need to eliminate margin and futures, only play with profits.
P/S: This position is really quite difficult to play even for myself, so when I entered the position, I have been lying still since the other day. I don't dare to trade anything at all.
#BULL-RUN #BullistMarket #AltSeasonComing #AltSeasonOnTheWay
Yesterday I checked BTC.D on the H4 chart and noticed many strange signs, so today I had to sit down and review all the data to make sure there were no issues.
BTC.D is continuously rising and the H4 is approaching 56.6% and breaking up, which makes me fear a sweep of the DOM higher than 59%.
However, based on the chart data $ETH ETH.D, funding rate, and some accompanying data, I calculate that there will be a stronger fake breakout at this position before a strong DOM sweep towards 59.77-60%.
For the reason that I calculate based on the Weekly frame, so if calculated on the Daily frame, this could be quite a strong pull from $ETH after this sweep.
The target for this sweep of $ETH for me is still 3.7k, I will change it if BTC.D reverses.
However, I still need to see how BTC.D reacts:
- First, I will observe BTC.D at the 57.53% position to see how it reacts to decide what the outcome will be. After getting the DOM sweep result here, I will react.
For holders: I STILL ADVISE YOU TO HOLD YOUR POSITIONS STRONGLY, THE PRICE MAY BE SWEPT BUT WILL NOT GO DEEPER THAN THE OLD LOW. STRONG HOLDING.
For traders: As I informed earlier, you need to eliminate margin and futures, only play with profits.
P/S: This position is really quite difficult to play even for myself, so when I entered the position, I have been lying still since the other day. I don't dare to trade anything at all.
#BULL-RUN #BullistMarket #AltSeasonComing #AltSeasonOnTheWay
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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