Sanie_NS

$ETH is now at its $2,350 support zone.

I think this'll eventually break, and Ethereum will retest the $2,200 zone before reversal.
DYOR
$ETH

Great sweep on $ETH beneath all of the lows.

This could indicate that we're very likely going to see a bounce upwards, and then the question becomes whether we're bottoming in here or not.

Would it be possible to be breaking back above $2,425?

If that's the case, then we're back in a bullish scenario.
DYOR
$ETH

$BTC dumped straight to our 80.4K short target.

GG if you shorted, I took 70% and set my stoploss to BE, I'd advice to do the same.

Bitcoin swept the 80.4K PWL which is important sell-side liquidity, so I'm monitoring the reaction from here.

I understand the short continuation at the 83K region, but it's less attractive to me now that we took SSL.

But if price retests 83K and sellers clearly take control + trigger I might add a short.

My higher probability POI for a short is above BSL at around 85K. Same approach there as with 83K.

For longs, I prefer to go sub 80.1K and watch for reversals after.

Lots of liquidity beneath that 80.1K low, but we don't know how deep it may go when we go below. I estimate between 77K/80K.

I have an alert on that low and will monitor PA when we go below to catch the potential reversal when it occurs.

I will TP the runner on the short too when we go below 80.1K.
DYOR
$BTC

Honestly, I don't fancy the #bitcoin chart as much, right now.

It couldn't break through the $84,000 resistance level and is therefore showing weakness.

It seems to be that, if $82,000 is also acting as resistance, the most obvious spot for a long will be <$80,000 as that liquidity is likely to be taken.
DYOR
$BTC

Almost all #altcoins are correcting towards their support levels after they've seen their first impulse move upwards.

I don't think that this correction will last long, and I think that we'll see higher numbers in Q4.

$SUI is one of them, probably we'll drop a little bit more here towards the $0.95 area and then we should be fine.
DYOR
$SUI

SUI+6.07%

$BTC is now at a strong support zone.

A daily close below $80,000 could make things ugly.
DYOR
$BTC

$ETH - Update

$2570 and $2350 are the levels to look for reactions. Nothing to trade right here in the middle just yet.
DYOR
$ETH

At this point, not much has changed on #bitcoin

Just consolidating here, looking for some price action to kick in.

I'd prefer to see a breakout above $84,000, which would trigger continuation towards the highs again.
DYOR
$BTC

$BTC again respected our POI perfectly.

The short from yesterday hit its TP's, and during the P.M. session our 81.1K long-POI we've been mentioning for days got hit.

Again a beautiful reaction after pin-point testing 81.1K, GG if you took the long.

I suggest you take profits and set your stoploss at BE.

I closed yesterdays short, and if you're in the long I'd just let it run and scale-out at the 85K region and 87K.

Bitcoin delivered very nicely yesterday, but I'm not going to add positions today personally.

Why? I trade mostly TradFi, and the day prior to big events like CPI can get choppy/make false moves.

It often engineers liquidity without clear direction and traps traders, to then come with the real move post-CPI tomorrow.

BTC may be less sensitive than TradFi, but for me it's an "off the charts" day.

Scalping is possible of course, but I'm simply not touching it.
DYOR
$BTC

$ETH Update

Trying to form a plan here. The lows are really what i want to see tested over next couple of days. No entry yet on Ethereum.
DYOR
$ETH

$BTC , More ranging and re-accumulation before higher imo.

Perfect recipe for keeping sidelined money sidelined while chopping FOMO buyers.
DYOR
$BTC

Naturally, I don't see many reasons to be bearish on #bitcoin

It's currently facing a crucial resistance zone, which we need to break through.

Other than that, this type of low volatility is great for
#altcoins

That's why you see a lot more momentum coming into those altcoins where I think that this won't stop.

Breaking $84,000 is a trigger towards potentially $90,000.
DYOR
$BTC

$BTC - Update

Holding $81,400 is key this week for those tags of the levels i have shared above.
DYOR
$BTC

Another weekly close for $BTC above the 50W EMA, 50W MA, and May highs.

Buyers are in full control.
DYOR
$BTC

Shorting $BTC

$82K is the target. Let price do its thing
DYOR
$BTC

$BTC

The 50% level of this bearish imbalance is key. A clean rejection here could open the door for a nice move lower.
DYOR
$BTC

$ETH is holding its rising trendline.

The next expansion could be toward $3K, with $3.3K–$3.5K as the bigger target.

Bulls need to defend this structure.
DYOR
$ETH

$TAO - Update

Would love to see us get that big leg up soon on TAO to complete this wave up.
DYOR
$TAO

TAO+10.67%

$BTC sunday plan.

As you guys know, i still have overall bullish bias. The HTF trend is bullish and friday we potential made a fresh higher low in the Daily area of demand (fresh buy liquidity)

This means if we can print a higher high from here we can expect a move towards 85k and higher.

Trading is a game of probability and not certainty so we need to see if its gonna play out.

The key is to keep it very simple and mechanic, if you have any questions let me know!
DYOR
$BTC

$BTC - Update

Still a slow day, and would love to see that discount come in.
DYOR
$BTC