Be patient, the market is not doing well. I think it is better to secure your position now. And October will be a good month for all of us because the market will be bullish.
When we look at BTC in the Daily time frame, does it form a bearish pennant? if it happens and the retest in the 61,600 area cannot be penetrated and also tonight powel speaks, then it is likely that BTC will fall to its deepest support level in the 50,000 area.
ETH Update, I believe ETH will experience a decline as I updated in the previous post that I took a SHORT position at 26634 with the hope that ETH will experience a decline to 2100
The battle between Buyers and Sellers in the BTC market is very exciting, but I believe that this is just a BULLtrap and the Bearish market in the next few weeks will win it.
I see a similarity in the pattern between ETH and INJ, in the current 4H period INJ has retested in the 19.3 area and this is an opportunity for us to take an open SHORT position. According to my prediction, INJ will also experience a Rising Wedge Pattern. This indicates that the potential for the market to go bearish is still very possible.
From this image, my prediction is that INJ will experience a very strong sale in the next few weeks this month. If this happens, the profit for us will be even greater. and our target is that INJ will experience a Drop to 10.4