Goldfinch_song

Goldfinch_song

The current zone is pivotal for confirming the bearish scenario on BTC.D. Key Points: - Death Cross on the 12h chart confirmed last week. - PA is retesting EMAs after the cross, increasing the likelihood of further downside. - This is a zone to add positions if weakness confirms. Main Scenario: 1. Retest completion → continued downtrend. 2. Major support lies...

Goldfinch_song Updated 

Let’s cut the FOMO and look at the chart objectively: It’s hard to say if price has spent enough time in the discount zone for proper accumulation. The current bounce could very well be just a short squeeze—something to keep in mind. ICP is #5 in my HODL portfolio, and I’ll gladly add more at $5 and $3.7 if the opportunity arises. 🎯 Short-term target: Breaking...

Goldfinch_song

1D Chart Key Levels: 1️⃣ Fractal low + RB: $88,722 2️⃣ FVG 1D: $85,000-$81,500 + 0.5 Fib retracement of the local impulse. A potential ABC correction to these levels is likely. Watching for new variables as price action unfolds. 1W Chart Key Levels: Previous ATH (fractal high): $73,777 Two major FVGs: $89,376-$81,500 and $80,216-$73,620 Outlook: Given the...

Goldfinch_song

If the price closes below $88,000 for two candles, I’ll reduce exposure. Watching for reactions at $83,900 and $76,900 to decide on increasing positions.

Goldfinch_song

PRCL is currently in a downtrend. There was a test of the trend reversal point at $0.29, but the overall market sentiment remains bearish. Selling is the priority under the current conditions. 🔽 Short Position Strategy The main strategy is to focus on short positions, aligning with the prevailing downtrend. Entry Points for Short Positions: Upper Weekly Fair...

Goldfinch_song

The scenario remains valid. ZK is still in a downtrend, and we're looking for potential entry points for short positions. 🔽 Short Position Strategy Entry Opportunities: Look for entries into short positions at newly formed daily FVGs. Consider entering short positions if there's a short squeeze pushing the price into the $0.15 - $0.20 zone. This is...

Goldfinch_song

We have broken through the resistance at $0.26, but the asset remains in a downtrend . Potential Reversal Scenario Break and Hold Above $0.3548: A close above $0.3548 on at least the 1-day (1D) timeframe, preferably on the 1-week (1W) timeframe, could indicate a potential trend reversal. Impulsive Move to FVG Zone $0.45 - $0.61: An even stronger reversal...

Goldfinch_song

The scenario from the previous update remains intact. The $65,000 range was identified as a selling zone, with downside targets down to $42,000. Look for short setups on the daily timeframe from newly formed fair value gaps (FVG). A short squeeze is possible, with support found around $58,000 before a break above $65,000. Targets from $68,000 to $73,777 will open...

Goldfinch_song

The cryptocurrency market is poised for a correction sooner or later. By examining USDT Dominance (USDT.D), we can see a scenario unfolding where the dominance continues its decline to 5.26%, which roughly correlates with Bitcoin reaching $65,000. Detailed Analysis No Reaction at 5.5% Level: The expected market response at the 5.5% USDT.D level didn't...

Goldfinch_song

Bitcoin is approaching a critical level at $65,000, where significant selling volume is expected. The market's reaction at this point will largely depend on the timeframe in which this volume appears, setting the stage for Bitcoin's next targets. 📝 Scenario 1: Volume Validation on the 1D Timeframe In the worst-case scenario, if the selling volume is validated...

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📉 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...

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🔻 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...

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🔻 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...

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🔻 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:...

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🔻 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...

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🔻 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...