#FTM Update
FTM dipped with the whole market, However its holding strong, I am not selling here as price is just testing the HTF PA.
if u are in then DCA and if u are not in then its a good zone to buy @0.389
@cryptosignals
🩸 $2.9 TRILLION wiped out from stocks today due to fears of a global recession
The worst day since 2020 Covid Crash
@cryptosignals
If BTC closes daily above 63254 (equals lows) then today's dump is a mere sell side Liquidity grab
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#BTC
After being rejected from 70k BTC has just tested the OTE of the OB+
We cant say that its a Absolute bottom but we can say that its a Potential bottom for Short covering Rally towards 65.3k - 65.8 k - 67.3k
Losing 63254 in daily can take the price to 62.3k - 61.5k Or 60.5k - 59.9k zone for Potential Bottom.
@cryptosignals
#BTC
Its Rejected after taking Liquidity above 70K and hunted the stops below Saturday Low in the same day. imo we should observe the PA when BTC test 69.3K again
@cryptosignals
#USDT Dominance meet the Target and now pulling back to crucial TL support, losing this support will bring mini bull run in crypto bcoz it will retest 4.4 - 4 levels again.
i warned u guys about the Potential downfall coming in March and now i wont say what happens after March.
i want u guys to self reflect
@Cryptosignals
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Earlier ONDO Trade gave approx 35% profits from the dips and now consolidating above the crucial breaker. so its good bet to buy and hold
#ONDO Buy Setup (Spot)
Entry 1 - 0.995 (30%)
Entry 2 - 0.905 (30%)
Entry 3 - 0.828 (40%)
Targets - 1.1 - 1.25 - 1.38 - 1.65 - 2$ (20% each)
Stoploss - 0.8202
@cryptosignals
#ETH
As Anticipated ETH dipped to 3110 which is weekly OB+ and closed above YTD AVWAP which could be potential Higher Low for bullish continuation. so it can easily bounce till 3350 - 3390 which can also help alts to recover. However 3525 remains the HTF resistance
@cryptosignals
People calling for 52k and 40k which means complete capitulation of ETF Buyers, well imo even 52k isn't coming so 40k is just a meme.
BTC may probably grab the liquidity above 72k and consolidate there, make everyone anticipate New high in August and allows #ALTS to rally till end of August before the last Dip to 60k which may come in September to launch full fledge Bull run in Q4.
@cryptosignals
#BTC
Well BTC breached all the Support levels upto 60.5k in a single daily candle before bouncing back up, This move has balanced the imbalance of the Daily FVG lying between 62.3k -61.5k and tapped the top of lower FVG.
i know everyone is bearish right now and they are totally justified considering the Shitty Price action of BTC.
But if u analyse the chart properly then u would see that BTC is Still Trading close to range low. its a basic Trading principle that never short the range low unless proven otherwise.
imo we can see short covering rally in the weekends followed by pullback on monday
@cryptosignals
#BTC
BTC closed daily above 63254 which means that yesterday's dump was actually a mere sell side liquidity grab and in this process BTC grabbed the Stops below PWL, Equal Lows and tapped the Top of daily FVG and bounced back up 64k.
imo we can see a strong short covering rally upto next weekend before dump again till end of August.
Resistance Levels - 65.4k -66.7k - 67.3k - 68.2k
Support Levels - 63254 - 62.3k - 61.5k - 60.6k - 59.8k
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Just a reminder
If u are not accumulating #ALTS now then u will buy them much higher in Q4.
Start accumulating slowly if u wanna be a millionaire
@cryptosignals
#ETH
ETH is just clinging to the weekly support, we can except it to grab liquidity below 3090 before reversal in the short term
@cryptosignals
#TOTAL 3 could be heading towards 680 - 720 in the mid term.
Invalidation - Daily acceptance below 580
@cryptosignals
Find the People who were calling for 50s and 40s couple of days ago 😂😂
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Take another 20% profits on BTC long.
I told u don't get overly bearish at lows.
So far 50% ROI
@Cryptosignals
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