it's just the good time to book your profits in AltCoins especially with the same pattern in photos ๐ because it's the 3rd swing high rejection at present and if rejects then price may fall back and if price surpassed the rejection then there will be good entries again in next 24 to 48 hours ๐๐ป
The dip didnโt get continuation and bids stepped in quickly, which looks more like absorption than distribution. Buyers are still defending structure well and downside momentum failed to expand. As long as this area holds, continuation higher remains the cleaner path.
$BTC must retest the levels of 74k to 75k in this present weekly candle ๐ if #btc doesn't retest these levels then there will be another FVG formation ๐ฑ two FVG's in a row is not good for market , we may witness another crash within 2 or 3 weeks coming ahead ๐ง
Follow me on binance square if you want to make big profits again ๐
AltCoin Boy
ยท
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Alarming for #solana ๐
Formation of head and shoulders is clear and at present trading under neck line, strong bearish trend ๐ Next targets could be between 78 to 68 ๐๐ป
Formation of head and shoulders is clear and at present trading under neck line, strong bearish trend ๐ Next targets could be between 78 to 68 ๐๐ป
$BTC Inverted 1 week timeframe ๐ง #btc must take rejection from this FVG or else if #btc closes it's monthly candle above this FVG then we might witness the price between 75k to 65k ๐ฑ
But before that #btc may retest the levels of 97k/98k or even 99k, and that's where will be the defining moment, if $BTC sustain above 96k or 97k then that's for sure #btc will be moving towards new ATH ๐
Market is still bullish as long as 1 month timeframe candle is there and if candle closes above 94k then we'll see a huge recovery all the way back to 126k ๐ #btc $BTC