$BTC I often come across posts mentioning the bull stage for Bitcoin if you look at the monthly chart, it is obvious that we have worked out all the hype, the volumes at new highs are lower than they were at the previous double tops... here I want to draw attention to the word double top... in this stage we are mostly closer to a reversal and the daily chart shows a reversal of the upward move with the formation of a reversal fractal.. I can say that there are many other signs and signals in favor of a reversal..
the first price drop to the previous formation, which was a continuation formation - was the first harbinger of a change in the market structure
all areas below were, as it were, worked out by a short-term price move, giving the opportunity to open new longs however, at present, all price deliveries upward are an opportunity to close positions and open shorts for hedging for the big moneys in the past, the area around 33-38 was not worked out - I think for those who have decided to include Bitcoin in the reserve of their budgets, this zone will be the target for buying up bitcoins sold in panic but in the near future, to confirm this theory, the price should not go above the gap on the 4-hour chart DYOR and be safe
$LINK yesterday the price was delivered to 14.15 and closed the gap of the downward movement of the previous week there was no impulse, there was a progressive push of the price up, which can be explained by the closing of longs from big moneys, opened on the weekend, and the opening of new shorts, which was confirmed by a rapid slide of the price to the level of the beginning of this move... the weekly chart still shows the probability of a move to the level of 11.79 be safe
$LINK price tested last week's opening and almost closed the gap of the downward movement weekly chart shows a high probability that we will still see the price in the 11.74 area
$LINK yesterday the European and New York sessions were held with an increase in longs on the spot :) despite this the price did not close even the gap of the downward movement from 14.02
on the 3-day charts of spot, futures and cm futures it is obvious that we can see a downward movement to 11.78 whether the bottom of the weekly range will be formed will show how the price will react at this level
$LINK update- long closed update - mid european session - premarket ny session hours - new low on bitcoin (MA25 on weekly chart) and no new low on LINK showed divergence in favor of link - sit tight ;) as expected block order on the weekly chart has been worked out - the price rebound from the range of 14.25-13.72 that gave a strong reason to open a long the reversal will be confirmed only if the price rises above 16.25 I wonder where the month will be closed - only three days left strategy - my stop is already at 25% ROI - I will continue to move the stop and reduce the position at every hundred ROI
$LINK update - closed day opening level 15.33 range for 6 hours - 15.45-14.18 upper range boundary tested several times - very tight corridor - will expand both down and up next level for down move - standard 1x range deviation exactly at level 14.27 of opening of weekly candle 11.11.24 level 13.72 - opening of long weekly candle of up move 18.11.24
$LINK update - closed on stop with profit in 25%ROI - it can be fall much lower long opened the price dropped slightly below the bottom of the previous squeeze and closed the gap on the weekly chart - if we continue to fall - we will fall to 13-12 if the month closes somewhere at the level of the opening of the previous month - we will see 20.39 on bitcoin the squeeze can fall to 83 and pull all the coins along with it therefore a very close stop and a small position
$LINK long closed - possible move down to 16.25 - two legs down with momentum, price can demonstrate a third leg with a classic reversal and closing the week at 18.21
$LINK update-closed I managed to close a long yesterday after the opening of the NY session on testing the high of 19.02 - a small short was opened with a target of only 100% ROI and after it was closed I left the market to see how the week would be closed on the CME, the dollar index and gold a new long was opened the price did not fall below the zone of the supposed order block the last week of the month, so I added to the analysis the levels of a possible closing of the week - 18.21 and a possible closing of the month 20.039 - which is the opening of the previous month
$LINK new long opened the price did not fall below the order block zone, despite the closing of positions on the spot at the beginning of the day unlike Bitcoin and LTС did not show a rebound - therefore, the probability of a good move upwards is high
$BTC update - closed price tested opening of January 2025 gap 102630-103587 remains unclosed high probability of rebound upwards, therefore long is opened
$TRX the position was opened yesterday at almost the level of the week's opening best performance - which was unexpectedly nice to see some decrease in open interest on the spot - partial closing of positions in profit ? considering the high open interest and the increase in volume along with the rise in price - and accumulation on bitcoin - I think we can see levels much higher I wonder where the week will close my stop at 100%ROI so let's see what the market will show us
$ETH after yesterday's small squeeze of longs from 2700 (50% fibo) to 2653 (78% fibo), the price remained in the range of no lower than 2677 (62% fibo) - the weakest performance of this coin with high expectations... it can potentially make a move quickly and that's why I increased the position
$BTC price did not fall below the close of the NY session on Friday - this is also the level of 50% fibo of the move from 95 to 98 - it may fall lower but not lower than 96 and I think we will close the week higher today
$TRX update - price at 0,2423 shows 180%ROÍ... stop moved at 100%ROI update 16.02.2025 - price at 0,2383, position shows 100%ROI ... I moved stop at 25%ROI update - nice performance, position already shows 70% ROI ... stop moved in breakeven+5%ROI added long - medium leverage, small position size three equivalent moves down, price rebound from 0.199 - presumably an order block of the smart money - accumulation of longs before a rapid rise upwards in December 2024 I assume a move up to test the level of 0.318 - which is the level of closing and opening of weekly candles on the chart there are fibo levels and a very symmetrical price projection... I will keep my stop very tight