Seems dominance must retest 57%; this gives a good push for quick scalps this week. Stay safe; use 4H confirmations. US gov shutdown news are done. Always take profits; i uncertain about the first 10 days of 2025. I am sure i will not miss the best opportunity to ape in. You may with to look OTHERS.D; it is rebouncing which is another confluence for the coming...
Here is the plan: Btc.d has much liquidity lying between 59.3-62 It reclaimed Nov bottom exactly on 15Dec. The daily close above 59.3 means moving towards 62ish. For BTC; it needs to gather momentum exactly between 84-73; this will give our base towards 150k. I started buying alts because majority are below 70% Fibs; where smart money starts to accumulate. Good...
This is an ipdate to rwcept post on BTC dominance; monitoring closely as we entered mid of December😏
Orange lines are hi/mid/low of Nov2024. We swept the low of Nov, now back to the range; price tends to test mid of Nov. I will monitor the fib levels; any aggressive move above 0.72-0.79; confirms a move to 62% dominance that matches a weekly rejection block (check the weekly chart to confirm). From 62% a free fall would start declaring parabolic move to altcoins....
My eyes are on levels marked in golden zone despite having lower targets if it decides to visit the channel bottom.
I need the two green lines zone to hold, which will trigger buy program expansion towards old high. Then RIP solana memes ✍️
My target is 11 UPCOM:ISH Confluence: Bms for weekly structure via impulsive move Touched first minor -ve OB correction from impulsive move to 0.62 fib I want previous week high to hold, then fly over the rainbow :/ Plan: build my entry between 5-6 Watching 4h price action; entry probably within a 15 god’s fvg
Ranges for btc, Marked previous week levels, waited for sweeping last week high, took my short. Scalping only due to critical range of btc. I expect to start building shorts from this range towards 30ish.
Waiting for price to interact with below 4h fvg. Range low mitigated and price came back to range.
I believe daily accumulation is on track + strong hold on current support.
It moves in symmetrical uptrend, but suffering to close above 5.6 on weekly. Can someone discuss ? This is not advise to buy or sell, am learnibg here
Hope to see 60k in a week. Watch btc dominance, it has to break 40%
identifying the top and bottom trends for this year, and a short term waves anlysis