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New scalp 📜 posted in the Endurance Hall 🥷 @therealcryptojk
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$GAS D1 Bullish Idea. Looking at its daily, seems like its market is in a classic TRBO retest before rocketing. As shown in my chart, the trendline resistance breakout has sent its price recently on a POC break but got multiple rejection from the resistance zone. Also notable here is how the trendline support is respected and now has anchor help from the POC. Price has now traded again within EMAs since its bounce, and I still need to observe if it can sustain trading above it for a potential upward push to trigger a likely GX sooner or later. In the event the above-mentioned does happen, I expect price to test again the resistance zone, hence, if it trades above $4.748, then I'm looking for a VAH test from thereon. If you zoom out completely on its macro, it is in accumulation phase now, and I still consider this a sleeping beast. I honestly think we shouldn't sleep on this coin, especially considering the pump history it did way back November of last year. Contrary to this, a POC break would be crucial to invalidate my bullish idea on this coin.
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Is this it fam? Are we seeing #BTC finally breaking highs? Or we just gonna get plummeted again at resistance?🤔
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Total Crypto Market 24H Liquidation (10/29/2024, 12:05 PM UTC+10) 🔴LONGS: $68.06M 🟢SHORTS: $106.26M A total of 67,115 traders got liquidated, resulting in total liquidations amounting to $174.31M. Notably, the largest single liquidation order, valued at $3.05M, occurred on OKX for #BTC/USDT.
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$BTC at $70,000 👀
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