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BaissierARE YOU READY FOR A DEEPER CORRECTION IN $BTC ?
Under $80,000? Yes, it will. I don’t think $82,750 will hold for long. I’m looking at liquidations around $80,100, with a quick wick below that level during the equity session. Same for the $SOL ETH sharing the charts and marking the liquidity zones what you can target! I have the actives trades thats why i am not going with the SOL and ETH . $HYPE short running the way i was looking!
And what could be the reason?
Technically, this bear flag still has to play out. Secondly, as I was talking about this yesterday, I was expecting the low of this week to form within the first two days of the week. USD dominance has now got a bullish breakout from the 1H LTF weekend range, along with some bad fundamentals: oil is pushing higher, while 10Y and 30Y bond yields are sitting at levels not seen in the past three decades despite rate hikes.
So yes, a deeper correction is still pending, and we are riding the short. Let’s go.
First target is already done at $82,750. The second target I’m looking at is $81,790, followed by the $80,000 liquidity zone.
I expect a major correction under these levels. Once the market gets below $82,750, a 4H close there would confirm further weakness.
Stop-loss trailed to $83,800
Enjoy the rest of the move and take partials at the following levels, but keep at least 30% of the position open for a potential move under $80,000. If we need to book, I’ll make the call.
Make it as it is just rearrange and fix grammer!
#BTCFallsBelow$83000 #BitcoinSpotETFs$2.39BWeeklyNetInflow #FedProposesPaymentStablecoinRules #ChinaMayLetAlibabaByteDanceBuyNvidiaChips
Under $80,000? Yes, it will. I don’t think $82,750 will hold for long. I’m looking at liquidations around $80,100, with a quick wick below that level during the equity session. Same for the $SOL ETH sharing the charts and marking the liquidity zones what you can target! I have the actives trades thats why i am not going with the SOL and ETH . $HYPE short running the way i was looking!
And what could be the reason?
Technically, this bear flag still has to play out. Secondly, as I was talking about this yesterday, I was expecting the low of this week to form within the first two days of the week. USD dominance has now got a bullish breakout from the 1H LTF weekend range, along with some bad fundamentals: oil is pushing higher, while 10Y and 30Y bond yields are sitting at levels not seen in the past three decades despite rate hikes.
So yes, a deeper correction is still pending, and we are riding the short. Let’s go.
First target is already done at $82,750. The second target I’m looking at is $81,790, followed by the $80,000 liquidity zone.
I expect a major correction under these levels. Once the market gets below $82,750, a 4H close there would confirm further weakness.
Stop-loss trailed to $83,800
Enjoy the rest of the move and take partials at the following levels, but keep at least 30% of the position open for a potential move under $80,000. If we need to book, I’ll make the call.
Make it as it is just rearrange and fix grammer!
#BTCFallsBelow$83000 #BitcoinSpotETFs$2.39BWeeklyNetInflow #FedProposesPaymentStablecoinRules #ChinaMayLetAlibabaByteDanceBuyNvidiaChips
Avertissement : ce contenu inclut des opinions de tiers. Il ne constitue pas un conseil. Binance Ai peut être utilisée, sans garantie de résultat. Consultez les CG.