• if $BTC Break it's current support and then give us any bounce back... After that if i get bearish confirmation on LTF's then i will open future short trade.
Warning : It's just my trade plan when i will execute then i will update🚨🚨
• From last two weeks $BTC Price trading in a range & currently if i try to explain what will happen next then i think you will understand nothing...
• in simple words on LTF's if $BTC Price give us bearish Confirmations then i will prefer to open future short trade... ( if btc pump then i am not going to build any setup)
• let's see what happened🚨🚨
Warning : That's just my analysis DYOR Before taking any action🫡
• If $BTC Price give us bearish confirmations on LTF's b/w 120k$-121k$ area then i will open future trade with proper SL.
Reasons : On 4h chart it golden fib key level + it's also a liquidation zone area + short term fundamentals also look bearish🫡.
• Let's see what happened👌
• Warning : That's just my trade plan when i will execute i will update... If you build trade according to your strategy then DYOR before taking action🚨🚨
• Right Now i am waiting for daily closing... If $BTC Price close in current range then after getting confirmation on LTF's i will try to to open future short trade with small amount🚨🚨
• if it's directly try to create new all time high then still i will prefer to open short trade but it will depend on current situation...
REASONS WHY I AM Bearish Right Now...??
1- Technically HTF's Looks to weak to support uptrend.
2- Onchain data look bullish but it's giving me now a trap vibes bcz funding rates looks positive ( that's mean mostly retailers currently hold long position and near me to liquidate these retailers... Market will drop first before creating new ATH)
• Let's see what happened🫡
Warning : That's just my plan when i will execute trade then i will let you know🚨🚨
• If $BTC Price Drop Now and $WCT Coin Price manage to Hold 0.28$-0.25$ area then there is a high possibility that in comming days WCT Coin price give us now a 20%-30% easy relly.
• But remember that near me this coin is not good for long-term holding also without SL Trade is not recommended.
• Let's see what happened🫡
Warning : That's just my analysis DYOR Before taking any action🚨🚨
• Two Local support areas 102800$-102000$ & 101300$-100500$ where if i get proper bullish confirmations then with SL I will open small size long position✅
Reasons :
• right now on LTF's price look in oversold zone area also $BTC Price reaching now it's local 1D, 4h support.
• on coinglass we are seing now massive upper side liquidation.
• But still i will recommend only small size long position bcz HTF's 1W, 1M Giving us now bearish vibes... Also we have monthly and weekly closing+ current short term fundamentals and sentiment also look bearish.
• Let's see what happened🫡.
Warning : That's just my idea and trade plan... If market meets my trading strategy then i will take risk otherwise i will ignore it... So DYOR Before taking action🚨🚨
• Right Now Technically $BTC Overall Structure look Bearish... There is a chance we see more corrections...
• Local Support area near me is 95000$ & major support area is 92000$ where we can expect bounce back🫡
• Right now i am avoiding market ( Reason : Low volume because of weekend... So manipulative moves expected)
• But still if you want build trade then i think building small size future short trade will be a good option... If we get few more rejection in comming hour's on LTF's🫡
Warning : That's just my analysis DYOR Before taking any action🚨
•From Last 6 days we are seing now massive selling in $BABY Coin Price ( Reason Bitcoin Unstaking from Babylon protocol) but now selling pressure is almost over so potential bounce back expected in it's price🫡
• Right Now it liquidation zone area is 0.0067$ ( also consider it as a local support)
• Strong support near me is 0.0055$.
• but heavy buying & trade without SL Is not recommended ( reason : team not look serious about their project)
Warning : That's just my analysis DYOR Before taking any action🚨🚨