$BTC #bitcoin☀️ is showing the weakness to fall off the bed. We are expecting to see Liquidity Void get filled before any downward movement and our first low hanging fruit will be the Initial Sellside Liquidity which is resting below at the level of 57,500.
$SOL SOL #Solana was a good asset for people to start swinging for a short-term (mid-day) trading. Right now we are expecting from Solana to sweep the BSL at (210.18) level. Before reaching to that area we can also expect the price to sell off after sweeping the liquidity from the swing high at 204.46 level. If the price retrace back to our +BB before liquidity raid from SH, then we'll open a long position, targeting to our Liquidity Pool Areas...Note: Keep an eye at the volume before jumping in. Better use Footprint Charts.
💰 $DOGE #Dogecoin broke through this descending channel. If you zoom in you can see an inverse head & shoulders pattern. Probability to send the price higher after this breakout.
My targets would be around those 2 Target Boxes (Fib. lvl) $0.16107-$0.22045.
$LRC We are at the Buyside of the Curve of MMBM on #LRC/USDT . Price sweeps the weekly ERL and moves to the upside, creating a MSS with an explosive move which confirms the change in the direction of the price. Price continuously moves to the upside with LRLR by making BOS and then retrace back after rebalancing the Liquidity voids. Our Overall Bias is Bullish so we wait for the price to sweep the SSL and when the price does that with a strong impulsive move, it was a Sell Trade for retail traders and they get trapped 🪤 but according to our bias, it was a long position trade and we enter right after the purge of SSL and place our foot 🦶🏻 to the neck on the Market and target the BSL to the Upside .... This post is only for educational purposes. Hope y'all learn something from it. Good Luck 🤞🏻💕
Bitcoin has broken the falling trend channel in the short term and reacted strongly up. For the time being, it is difficult to say anything about the future trend direction. The currency has marginally broken up through resistance at points 67600. An established break predicts a further rise. RSI is above 70 after a good price increase the past weeks. The currency has strong positive momentum and further increase is indicated. However, particularly for big stocks, high RSI may be a sign that the stock is overbought and that there is a chance of a reaction downwards. The RSI curve shows a rising trend, which could be an early signal of the start of a rising trend for the price as well. The currency is overall assessed as technically slightly positive for the short term. • Medium Term (One to six months)
Bitcoin has broken through the floor of a rising trend channel in the medium long term. This indicates a slower rising rate at first, or the start of a more horizontal development. The currency is moving within a rectangle formation between support at 54721 and resistance at 69555. A decisive break through one of these levels indicates the new direction for the currency. The currency is approacing resistance at 71000 points, which may give a negative reaction. However, a break upwards through 71000 points will be a positive signal. The currency is overall assessed as technically slightly negative for the medium long term. • Long Term ( One to six quaters)
Bitcoin is in a rising trend channel in the long term. This shows that investors over time have bought the currency at higher prices and indicates good development for the currency. The currency is moving within a rectangle formation between support at 54721 and resistance at 69555. A decisive break through one of these levels indicates the new direction for the currency. The currency has marginally broken up through resistance at points 66000. An established break predicts a further rise. The currency is overall assessed as technically positive for the long term. • Complete History