Broke Whale

$ZEN continues its bearish momentum as expected.. and like I said.. it pumped too much almost a 100% in one day which is the biggest red flag in the market.. and consolidation can give us a hint which is enough .. and know that we're not the market makers, we can just predict it according to the current price and ongoing market situation.


Note: Putting SL on a specific place is stupidity cause there's higher chances of the market going to that place .. and so as putting tps.. instead we should go according to the market situation .. thank you .. and like I said, we're gonna start from as minimum as possible which anyone can afford , which is like a challenge

EVEN though our SL got hit yesterday but $ZEN bearish pressure is high and it went from 12 to 21 Usdt.. That's too much for any coin to double its value in one day..

Point is , the bearish pressure is still on and we're expecting a down side move sooner.. Trading has AMD (Accumulation, Manipulation , Distribution ). we saw Accumulation going from 12 to 21 Usdt , now it's manipulation (consolidating) and soon we'll have distribution.


Note: it can go higher but the chances are lower, and the bearish sentiments are high so the chances are bearish move are higher

$ZEN Technical Analysis .. Go short.. but if you want more confirmation then wait for the purple consolidation line to cross but we're going short in long term..


Sell
TP 1. 18.5
TP 2. 18
TP 3. 15
SL around 21



Note: in order to confirm your TP and close the trade, wait for rejection from those levels

Always remember very important point. We are not the market makers , so don't just stick to one side of the trend just because you want it to go to that direction either you've opened trade in that direction or because of some other reasons.. That's the mistake which almost everyone makes.. Follow the chart pattern , use strategies. Follow the big money, that's the most important point. cause with your $1 investment we can't move the market or most of us has invested $100 .. that's the higher we can go but that money isn't enough for anything to be moved in any direction .. so follow the big money .. and we're here to make the money, not move the markets , cause our funds are limited and we wanna flow with the trend ...


Hopefully that made sense.
Will be back with more tips .. follow for more

Just as I mentioned and taught

Consolidation lines (High and low of the recent trend).. whichever side it crosses, we're going with that side but with the trend line.. it gives boost to our analysis and it's most likely gonna go down because the trend has bent.. wait for the orange line (consolidation line) to cross and then take a trade marking the other orange line as your SL

Let me teach you a great way for consolidation in which most people get stuck and lose all their money . Lets be honest here. meme coins don't have any Support or resistance or big money . retailers control the price action in which it's always trembling and can go anywhere. without proper support and resistance we can't analyze that much. but present to you the solution. whenever a the market is in a consolidation whether meme coin or stock or anything (we can use this way in all markets) we mark a trend in the consolidation phase the high or it and the low of it.. and whichever side the market cross, we go in that direction .. but it must be a consolidation .. otherwise it might not work...


ps. we can draw support and resistance anywhere we want but it won't be that proper or to be honest it doesn't make any sense like given in chart . so every support and resistance isn't a proper support and resistance if it doesn't have psychological numbers

Let's do fundamental analysis . Market cap of gold was $27.8 trillion but recently it dropped and lost $2.47 trillion in 48 hours.. and after that gold keeps dumping and is in long term bearish trend and keeps losing it's market cap and value. Now what does that mean for our crypto market.. Gold has the largest market cap and the market cap which it lost, only that can give #BTC the biggest pump and double its value if invested in BTC. And we can see major investment in BTC recently from biggest whales and companies and countries, which means we'll see pump next month upto $150k BTC price or maybe more... Be bullish on BTC from 107k if it rejected from that level. and always remember to have money which can hold your trade at least 10k points. which it won't go down that much but the reward is always big.. and that's rich people's strategy and you'll always be in profit .. Follow me and stay tuned on our Reversal area and biggest trade and biggest risk to reward ratio which you'll ever see.. and will never be disappointed ... I'll give you facts and trends . The trade will be your choice to open if it made sense to you.. FOLLOW THE TURTLE MOVEMENT

The thing which learned in #BTC and whole market is that we always trade like broke people, full of greed and always impatient. I've traded with big money and as small as $1 but with the psychology of Rich people. and I've made them so much with time.. Just have to follow my patterns which I REGULARLY SEE IN THE MARKET. Not what people have taught me cause they're mostly inaccurate or doesn't work that well. I've trades Stocks ,Crypto, Forex, commodities. But the mindset applies in all.. Just making trading easy for you all. FOLLOW THE RULES AND GUIDELINES .. Trade with small lots but big tps and small SL and I'll teach you how to do that

$BTC
We've seen huge buying in month of October by big companies such as #MSTR Microstrategy and other companies. and I've noticed something that btc always fall for 2 weeks and then go up grabbing all liquidity of the market and making retailers sentiment bearish and then goes bullish.. and if we do technical analysis, we would see double bottom patter on 4H timeframe and on Daily timeframe.. my buying levels would be at 107k and if it fails then support then we're grabbing whole liquidity of the market and going to the 102k level .. Just have to wait for retest now .. I'll keep you all posted