sksr1919

sksr1919

right so this is what im seeing, the chart showing right now a pullback to 102800 approx is absolute for a healthy change in trend. this pullback is backed by 3 points, 1 no such volume in the pole and flag pattern breakout 2 liquidity which works as a magnet is more in down, market will eventually make a new ATH but it wont make that ath until grabbing all the...

sksr1919

btc struggling to hold the 100k position market is choppy in lower tf but on higher tf its clearly shows sign of tapping below. with a double top on 3d tf, and breaking down of it will push long term holder book profits and with increasing tension in iran and usa 90k looks good support and as i mentioned previously about the cme gap in that area which works asa...

sksr1919

Eth is at a major strong support of 2200. But i dont think this gonna hold much longer and we will go for the blue box, Reason is bitcoin, btc broke the major major support of 100k and gave a 4h closing below 100k which is a breakdown of a sentimental support too. Look for short, dont long right now until market cools down from the war. If iran retaliates and a...

sksr1919

as reacted market is now at a key support level of 101k. market will now might give a dead cat bounce till 104-105k max, a scalp long can be taken with cautious, one bad news and that ded cat bounce will die with the market. stay safe everyone.

sksr1919

price broke the symmetrical triangle and moving up slow but this false pump wont last long. price just going to tap the fib level of 0.5 to 0.618 and might go a bit up just to trap longs. i personally will enter short once we tap and reject 0.618. thanks

sksr1919

now you have a very clear view of whats gonna happen 101k is inevitable. And if 101 dosent hold, 98 will be our balance point where market will go for making lower high and if price action changes we can go for a new ATH, which i guess will be our final ATH before we drop for a fresh new bear cycle. thanks

sksr1919

In my previous analysis i already gave a short target of 101k which is about to come by this week any short holders can hold their trade with SL above 104300 taking new shorts is a risky bet here, which is why ill opt out for this week and wait for further price for a clear view dont go for longs cause market have no bullish sentiments liquidity news fomc...

sksr1919

SL 10500 tp 102500 with ongoing world events and liquidations available at that range, its very much possible that bitcoin will and must tap 102 or lower for a creating fear and wiping retailers out. But short with caution might give fake outs to trap longs. thanks