KennyTheSensei

KennyTheSensei

TL;DR: This isn't just any dump—this is a textbook exit liquidity trap dressed up with a strategic crypto reserve announcement and a conveniently timed crypto summit sell-the-news event. The setup? An inevitable double top, weaker and weaker volume, and a sell-news-event trapping retail. Breakdown: 1️⃣ The Double Top Trap → Price fakes a breakout, luring in...

KennyTheSensei

TL;DR: This is a textbook Head & Shoulders pattern, but let’s be real—it also resembles something more… anatomical. Regardless of how you see it, the market structure is screaming impending breakdown as we gear up for a possible move toward $125-$130. 1️⃣ The Left Shoulder → Initial rally followed by a pullback, setting the first high. 2️⃣ The Head → A euphoric...

KennyTheSensei

Alright, let's break down this SOL trading idea. So, we're looking at SOL, and it seems like it's lagging behind BTC by a few hours. BTC already had its pump off the double bottom, but SOL is just starting to form its double bottom pattern. This is a pretty bullish sign, especially in the short term. Take a look at the chart. We've got a clear double bottom...

KennyTheSensei

Hey traders, here's a quick breakdown on why I'm seeing short-term bullish signals for BTC/USD, despite the recent downtrend. We've got a classic double bottom formation here, which is a strong bullish reversal indicator. Basically, the price found solid support at this level twice, showing that the bears are losing steam and the bulls are stepping in to push...