A complete trade plan for $BTC with confluence USDT.D and Total Market cap.
First of all let's talk about what's going on Total Market cap.
1) Forming Double top on Daily TF
2) Selling pressure prevails
3) Losing strength, If 2.8T support is broken, next support is at 2.7T, where the market will recover quickly.
Now, let's check the confluence with USDT.D to market cap
1) Forming Double top
2) Retesting Fib level 0.5 and worse case 0.62 both are mentioned on the chart.
3) 7.4 will be the key area to watch where markey will boom. (sky rocket)
Well, now coming to $BTC , till now you would have understood the whole game.
1) BTC, On daily TF , a double top is performing which will extend to 79800$ first and if support is broken, will visit 74-75k where you can open long. Naked longs
2) BTC failed to claim 87k and also failed to sustain over 85k
Technically, BTC is Bearish on 1h, 4h and 1D
Bullish on Weekly and Monthly chart
Overall bais is bullish, dips are the opportunities to buy.
Short time frame, Higher time frame, a detailed analysis is here. Positions accordingly
#NFAđĽđš
#FedMinutesFocusOnOctoberPause
#BinanceLaunchesBinanceIntelligence
First of all let's talk about what's going on Total Market cap.
1) Forming Double top on Daily TF
2) Selling pressure prevails
3) Losing strength, If 2.8T support is broken, next support is at 2.7T, where the market will recover quickly.
Now, let's check the confluence with USDT.D to market cap
1) Forming Double top
2) Retesting Fib level 0.5 and worse case 0.62 both are mentioned on the chart.
3) 7.4 will be the key area to watch where markey will boom. (sky rocket)
Well, now coming to $BTC , till now you would have understood the whole game.
1) BTC, On daily TF , a double top is performing which will extend to 79800$ first and if support is broken, will visit 74-75k where you can open long. Naked longs
2) BTC failed to claim 87k and also failed to sustain over 85k
Technically, BTC is Bearish on 1h, 4h and 1D
Bullish on Weekly and Monthly chart
Overall bais is bullish, dips are the opportunities to buy.
Short time frame, Higher time frame, a detailed analysis is here. Positions accordingly
#NFAđĽđš
#FedMinutesFocusOnOctoberPause
#BinanceLaunchesBinanceIntelligence