• On 1D tf $BTC Price staying now above its support area & near me overall bulls look in a BTC favor .
• If you want currently build position on BTC Then Near Me Opening a small long positions is a better option with tight Stoploss . ( Warning :: Aftre one day there is a monthly candle closing... That's why high manipulation also expected )
Disclamer :- That's just my analysis before taking any action Do Your Proper Reasearch.
• COS Coin Again Breakdown now its weekly strong resistance area... and from last 3 days its price regularly bleeding.
• currently near me these two possible scenerios expected that i mentioned on a chart...
• if you are planing now to buy it then its recommanded don't entre in it with upto 5% of your total portfolio... and must use tight stoploss . ( fundamentally waek project 🩸)
• On 1D tf $BTC Price staying now above its support area & near me overall bulls look in a BTC favor .
• If you want currently build position on BTC Then Near Me Opening a small long positions is a better option with tight Stoploss . ( Warning :: Aftre one day there is a monthly candle closing... That's why high manipulation also expected )
Disclamer :- That's just my analysis before taking any action Do Your Proper Reasearch.
• Almost aftre 2 years COS Coin Break its weekly strong resistanc... & Now From last 48 hrs its price dumping now regularly...🪫
• Incase if its price manage now t stay above its weekly support right now & consolidate in side ways then you guyz are able to look for spot trade setup with tight stoploss ( fundamentally its weak 🩸)
Disclaimer :- Its just my analysis not my trade plan ... If i take trade i will update🫡
• Currently in a markete there is a no volume & manipulation is also expected becauze of recently Bitcoin Halving event !!
• Currently local resistance area is = 65000$-66000$
• Support area is = 60000$-58000$
Incase if btc price show rejection from its local reasistance area with proper confirmation on Lowr tf's ( 1hr, 30mins & 15 mins ) then i wil look for future short trade setup !!
Disclamer ⚠ : Right Now its just my plan not actions 🫰
What's going on with Bitcoin? Bullish or Bearish? How to trade the ATH? What about Alts?
This post is primarily meant for traders. Lets keep the fundamentals aside and only look at the chart with the information that's in front of us.
There are two crucial levels here, let's call them A and B.
Both A and B levels were approached in 2021.
Whats common between A and B is that both of these levels did form the ATH in 2021.
Level A was approached followed by a 55% downtrend.
Level B was approached followed by a 77% downtrend.
Today, Bitcoin has breached the Level A, but we saw some selling above B (ATH), which means that the market is not accepting higher prices and there is some supply that needs to be absorbed.
A weekly close above Level B means a confirmed ATH breakout with breakout continuation, easy flight to 80K and beyond with 'ATH euphoria'.
There is also a very high probability of BTC re-visiting Level A (~64.8K) - Technically the ATH breakout continuation will still be valid if we stay above A, but Alts will bleed the strongest.
I believe some juicy Alt prices are along the way.