since Jan 2023 BTC has been up, It’s trading near all-time highs and not showing any weakness. I’m expecting seek-and-destroy (S&D) formation by market makers. Where buyers and sellers are taken out, you’ll notice millions being liquidated in the crypto world. This can occur after the US election. Once S&D is over makers will push prices accordingly. At the...
Alt Season Reversal soon? So far bullish season on alts going well. We might see a retrace near 800B. 823B is my point of interest where alt can go for liquidity run. there is clean bullish divergence on USDT>D with Market Cap indicating a bullish move and a final leg before it retraces
Upon multiple rejections on USDT.D and Volume in BTC. BTC can rally up from 25300 to 37000
CRV Short setup Conditions: - Upper liquidity grab. - or lower break out from rising wedge . -keep eye on RSI divergence to give signal . expect 2-8 percent lows from entry.
Also BTC doesn't look as strong as we were expecting. Rising wedge tend to break low mostly. The dog fight between FTX and Binance seems like plot to create FUD. rest ETH fundamentally depends on the news with US securities and exchange commission.
Are more lows incoming? looks like BTC is gonna fake out and the bears are gonna slam down BTC again .
Once we broke above 20k we can expect bullish momentum. if fails 20k range can act as resistance
surely expected resistance area 28k-30k. what next ? we will be waiting for the bulls to take over by breaking the fisrt possible support. Meanwhile, the bears can still kick in the same way they did last 3 times liquidity grabs sudden pumps creates FOMO, and bam. important date 10th august CPI data. market makers get standby for such events Bullish or...