Goldfinch_song

Goldfinch_song

📉 Important to note: Historically, the start of monetary policy easing has often been accompanied by market corrections. This time is likely to be no different. Investors should remain highly cautious.

Goldfinch_song

🔻 Trend Break Point: A break above $11 signals a potential trend reversal. The key resistance zone to watch is $11 - $15. 🔻 Consolidation Scenario: Keep in mind a possible wide range sideways movement, where after testing $11 - $15, the price could be pushed back down to $4 for consolidation and accumulation. 🔻 Downside: Liquidity buildup observed, which can be...

Goldfinch_song

🔻 Current Situation: expect a breakout in either direction. 🔻 Priority Target: $1.2 is the initial goal. The situation will need reassessment after that level. 🔻 Trend Break Point: A reversal pattern will be confirmed with price holding above $1.2 after a retest. Ideally, the price shouldn’t fall below $1 afterward. 🔻 Support Levels: In case of a downside...

Goldfinch_song

🔻 Trend Break Point: A trend reversal may occur if the price holds above $7.49. 🔻 Downside Risk: Failed to break the downtrend on the first attempt. Possible reaccumulation near the wick at $4.3 - $5.3. Below $3, there’s a freefall scenario. 🔻 Decision Zone: First targets for a bounce are $10 - $12.5. 🔻 Fundamentals: Positive sentiment around the ecosystem, with...

Goldfinch_song

🔻 Trend Break Point: A reversal may be confirmed if the price holds above $5. 🔻 Decision Zone: Early profit-taking can be considered around $10. Further moves depend on price action (PA). 🔻 Global Targets: Long-term upside targets are $20 - $30. 🔻 Fundamentals: Sentiment within the ecosystem remains negative. We’ll continue monitoring developments. 🔻 Downside...

Goldfinch_song

🔻 Trend Break Point: A bullish reversal could be confirmed if the price holds above $1.67. 🔻 Decision Zone: Price action seems to be forming a structure similar to May-October 2023. There is accumulated liquidity that could trigger a short squeeze. Near-term targets for a bounce are $1.7 - $2.1. 🔻 Fundamentals: Keep an eye on the unlock pressure. 🔻 Downside Risk:...

Goldfinch_song

🔻 Trend Break Point: A bullish reversal is likely if the price holds above $0.61. 🔻 Decision Zone: Key levels to watch for a bounce are $0.8 - $1. 🔻 Fundamentals: Monthly token unlocks every 16th of the month put selling pressure on the price. 🔻 Downside Risk: New lows are possible, and determining support levels is difficult—there's a potential freefall below...

Goldfinch_song

🔻 Trend Break Point: A confirmed reversal will occur if the price holds above $0.198. 🔻 Trading Range: Currently trading between $0.08 - $0.13. On 1D timeframe, an ABC bounce pattern is visible, which could indicate a bearish setup. Anything below $0.12 is considered short territory. 🔻 Fundamentals: Sentiment is concerning, with too much hype and many trapped...

Goldfinch_song

🔻Trend Break Point: Price needs to hold above $0.64 for a potential bullish trend break. 🔻Decision Zone: Key levels to watch for full profit-taking or continuation are $0.9 - $1.1. 🔻Fundamentals: After the Sybil airdrop rush, activity has significantly decreased. Monthly token unlocks every 16th could lead to manipulative movements. 🔻Downside Risk: If the lows are...

Goldfinch_song

Any deviation from the variables outlined here cancels the scenario and requires reassessment. From $57,000, I expect a correction to the 4-hour imbalance, followed by an impulse up to $61,000-$62,000, where short positions can be considered. The target would be the imbalance likely forming around the $56,000-$57,000 range, from where we could fuel up for a move...

Goldfinch_song

After the hype around the approval of spot ETFs, we saw an impulsive spike in May 2024. Many traders interpreted this as a signal for aggressive buying, but it turned out to be a bull trap, with each correction used for accumulation. Fast forward a few months, and we’re now witnessing a slowdown in market interest. This is supported by declining on-chain activity...

Goldfinch_song

Placing several limit orders with a small risk exposure (3-5% of the portfolio across all trades). If the macro data turns negative, traditional markets could repeat the early August pattern, and crypto is likely to follow. Plus, we're heading into September, historically one of the weakest months. Not taking any major risks here. 🟠Entry 🔴Stop Loss 🟢Take...

Goldfinch_song

If you notice the faster moving averages diving below the 🌕 slow moving average, be cautious. Such crossovers are strong algorithmic signals, indicating a downturn in market momentum.

Goldfinch_song

Expecting a test of new highs at FWB:65K and a potential shakeout of short stops. If $58k is tested first, I'll take short positions around $65k. Consider going long now as $62k could trigger a move to $65,652. Main timeframe: 1D; wait confirm entries on 4H & 1H. Ideal scenario: A correction to $58k after a FWB:65K + high—a prime entry for swing trades.

Goldfinch_song

Here’s a scenario for TON in which I’m willing to participate: I’m not considering any purchases above $4.6. However, I’d be glad to buy in at $3.7, targeting $7, $8.7, $10, and $12. The chart reflects the key levels I’m watching, and I’m ready to act when the price aligns with these targets. Stay sharp and patient! 📊

Goldfinch_song

Key resistance lies between $590-620 billion. A weekly close above $590 billion could mark the end of the current downtrend.

Goldfinch_song

Currently, on the daily timeframe, we observe the formation of a "death cross," traditionally considered a potent bearish signal. Since the beginning of August, Bitcoin has been trading below the 200-day moving average, and we are currently seeing attempts to test it from below. This reinforces the bearish sentiment in the market. 📈🐂 For a return of market...

Goldfinch_song

Looking at the bigger picture, after testing the $49,000 level, there are strong indications that Bitcoin might push for a new all-time high. Recently, Bitcoin shook off stop losses from the previous weekly low and gained significant volume in the imbalance zone, signaling a potential bullish move. Key Levels and Scenarios: 1. Bullish Scenario: We are currently...