Crypto Trades
π Daily Bitcoin chart review π Nearest level for Bitcoin correction reached β
Might have a quick bounce here, but I think BTC should create more blood and dip lower, as DXY still haven't reached final target for its bounce. But as I wrote, mid term Tuesdayβ¦
π Daily Bitcoin chart review π
Same as S&P500 crypto bounced high. Now second re-tests of 3rd Quarter VWAP which also was a gap left after September dump. Another gap at 21500 and final target at June VWAP around 21800. These are the targets for current SR breakout.
As I wrote yesterday's dip was for buying. Now it is pretty hard to forecast if BTC will make it to the rest of targets from here or will do another shake out. So if you hold longs keep them open with stops at BE. If you don't, probably now is not the best time to enter anything new. Better wait for short entries on the next pump.
π₯ 21350 - 21500 - 21800
π© 20300 - 20040 - 19750
π± F&G: 34 < 30 < 32 < 33
π© Alts: 14 < 12 < 12 < 15
Signals: π₯ Alts Watchlist π· Forex π¦ Twitter
Discounts: ByBit | Binance | FTX | KuCoin | PrimeXBT| BitGet | Delta | Gate | Huobi | MEXC
@CryptoTrades #BTC #Bitcoin
Same as S&P500 crypto bounced high. Now second re-tests of 3rd Quarter VWAP which also was a gap left after September dump. Another gap at 21500 and final target at June VWAP around 21800. These are the targets for current SR breakout.
As I wrote yesterday's dip was for buying. Now it is pretty hard to forecast if BTC will make it to the rest of targets from here or will do another shake out. So if you hold longs keep them open with stops at BE. If you don't, probably now is not the best time to enter anything new. Better wait for short entries on the next pump.
π₯ 21350 - 21500 - 21800
π© 20300 - 20040 - 19750
π± F&G: 34 < 30 < 32 < 33
π© Alts: 14 < 12 < 12 < 15
Signals: π₯ Alts Watchlist π· Forex π¦ Twitter
Discounts: ByBit | Binance | FTX | KuCoin | PrimeXBT| BitGet | Delta | Gate | Huobi | MEXC
@CryptoTrades #BTC #Bitcoin
Crypto Trades
π Daily Bitcoin chart review π Same as S&P500 crypto bounced high. Now second re-tests of 3rd Quarter VWAP which also was a gap left after September dump. Another gap at 21500 and final target at June VWAP around 21800. These are the targets for current SRβ¦
π Daily Bitcoin chart review π
So that I don't repeat yesterday's review, as nothing really changed, posting month chart with Bitcoin cycles. Still 1.5 day left till candle close and as it looks now it has uncertainty with slight bullish bias. But 1k drop can make it doji, and everything below it turn candle into red. So keep that in mind on Monday.
P.S. I still have full belief in my cycles chart and think we will see BTC at 32-40k in 2023 and making new ATH in 2025. But same chart tells me that bottom should be somewhere in between December and March, so the Moon mission is yet in plans.
π₯ 20800 - 21350 - 21500
π© 20300 - 20040 - 19750
π± F&G: 34 < 34 < 30 < 32
π© Alts: 14 < 14 < 12 < 12
Signals: π₯ Alts Watchlist π· Forex π¦ Twitter
Discounts: ByBit | Binance | FTX | KuCoin | PrimeXBT| BitGet | Delta | Gate | Huobi | MEXC
@CryptoTrades #BTC #Bitcoin
So that I don't repeat yesterday's review, as nothing really changed, posting month chart with Bitcoin cycles. Still 1.5 day left till candle close and as it looks now it has uncertainty with slight bullish bias. But 1k drop can make it doji, and everything below it turn candle into red. So keep that in mind on Monday.
P.S. I still have full belief in my cycles chart and think we will see BTC at 32-40k in 2023 and making new ATH in 2025. But same chart tells me that bottom should be somewhere in between December and March, so the Moon mission is yet in plans.
π₯ 20800 - 21350 - 21500
π© 20300 - 20040 - 19750
π± F&G: 34 < 34 < 30 < 32
π© Alts: 14 < 14 < 12 < 12
Signals: π₯ Alts Watchlist π· Forex π¦ Twitter
Discounts: ByBit | Binance | FTX | KuCoin | PrimeXBT| BitGet | Delta | Gate | Huobi | MEXC
@CryptoTrades #BTC #Bitcoin