Even H4 couldn't be closed above Monthly High (61.3k) and see how crazy profit booking happened . Alts didn't pump with Bitcoin but dumped hard in this reset. Therefore it is advised to not touch alts for now. We'll load them all at dips for 2024-25 bull run.

📊Bitcoin Chart Analysis 📊

Time Frame - Daily

Monthly candle close in 4 hours from now. Closing above 61.3k will change things and we'll start positioning ourselves. Though looking at all kind of bearish divergences, over exxagrated fundings, RSI, it feels like March should be correction month but can't play against the Price action as PA is the king in any kind of Market.

Let's see how we close Feb monthly today. See you guys

@CryptoTrades

Bitcoin Short Setup.

Reasons Why I was out of the Marker for the past two weeks and didn't quite enjoy the fireworks in btc and alts :-

1. Overheated Funding rates indicating a Flush/crash
2. Normal cycle of Bitcoin flushing a few weeks before the Halving event in order for new players to enter and Liquidate stop hunt small fishes
3. Open Interest hitting ATH signifying a major correction on the way
4. Greed all the way above 80, first time ever since 69k ATH
5. All types of bearish divergences forming on RSI, MACD and other Major indicators
6. Most importantly We didn't close monthly candle above 61.3k

I didn't open the short position till now as I didn't spot any weakness in price action till now. Btc can still fill inefficiency and Liquidation heatmap around 65k so we will use stoploss above that

Entries - 61.5k (current Price) & 65k

Invalidation H4 close above 67k

Targets - 59k/ 56k/ 52k/ 48k/ 42k/ 37k

PS:- Ultra bulls might call me idiot for sharing this short but it is what it is❤️

@CryptoTrades

And not to mention. All the meme coins like Floki, Shib, Bonk, Meme, Doge flying 50-100% marking the Local top in Bitcoin. We might not have heavily enjoyed the last 2 weeks of firecrackers but as I've said earlier this is not Alt run yet. Don't let the market & the fear of missing out drive you crazy, rather wait and let the market come to your entry price which I am certain, it will. We'll heavily invest in Bitcoin/Altcoins along with other major players when most of the other trades will be rekt/ Liquidated in their respective positions. Stay tuned.

@CryptoTrades

A Fast Upward movement followed by meme coin rally is never a good sign. Don't shoot the messenger 😏

Breaking:-

🇺🇸 US national debt increases by $1 trillion every 100 days.

@CryptoTrades

#Link Short Setup

@CryptoTrades

Bitcoin Short Update:-

Last H4 closed at 66.5k. our trade is pretty much on. I had anticipated 65k-66k liquidation zone to get filled but it went a little higher. Just btc things. We have final liquidation at 67.9k also. I won't be surprised if btc goes towards filling that on first. Don't be mad just because we've hit the second entry on the swing short setup. If you've Aped in, do it properly. Risk reward is beautiful. Time will tell if we win.

All the ponzis that ran hard will dump harder. I'm short on many altcoins right now like Wif, SLP but can't short all short setups so that's my personal trades.

You guys can take btc short and link short if you like.

@CryptoTrades

I get it. You guys are mad. Stoploss hit. Time to move on as we can't stick to one trade but I'm Still holding it with a weekly purview as my Leverage is controlled. Channel trade is officially stopped

🚨🚨🚨 BREAKING : Twitter, YouTube, Google services, WhatsApp, TikTok and other popular services are recording outages all over the world.

In the Red Sea, 4 out of 15 submarine cables providing global Internet and telecommunications are critically damaged, – HGC Global Communications.

Crypto World is responding to this news, and it could also impact crypto exchanges. Be cautious with your positions.

@CryptoTrades

Two of the few Ponzis I mentioned I was heavily shorted yesterday. It's all a circle. Once you detect it, you will know how to break the chain.

As I said I'm still holding my btc short with weekly purview and will close it Only if it does a weekly candle close above 66k. I got many enquiries like what's my invalidation on weekly so here it is.

I reiterate that real alt run hasn't even started yet and I do hope we'll get our Dips when the big houses enter. This dip is not for buying.

@CryptoTrades

Though btc over expanded by 2k that I had anticipated but like I said Don't Shoot the messenger.

@CryptoTrades

I don't feel like it's over unless we see a clean green funding rates. I beleive Dips are still not for buying.

@CryptoTrades

I'll post a potential 10-100x project here. Had a fair launch yesterday. If you guys trade on Uniswap, you can get it. Details will be shared in 30 mins

Stay tuned

@CryptoTrades

Hunted down a potential 100x project

#AZURE

FDV - 2.2 Million
Price - 0.3225

Real Product - Swiss Army Knife Wallet providing DeFi services.

Had a fair launch yesterday

No Buy Sell Fee

No red flag. No security issues

Token Sniffer Score - 100

Get some if you're trading uniswap coins

Contract Address

0x1f769203D2abcb78F5A77dD15C0078C50fB13287

@CryptoTrades

In this meme Craze 2024, expecting it to go at least 2x after breaking out of Cup and handle pattern

Coin Name - 1CAT
Platforms - Mexc, Kucoin, BingX, Bitget, Gate.io

Entry - 0.007 to Current Price - 0.01$

Invalidation Below 0.005$

Targets - 0.02 ~ 0.2$

@CryptoTrades

#Azure 2.5x so far 🚀🚀
More room to grow

@CryptoTrades

Azure 4x and showing no signs of weakness.

💪💪🚀🚀