Sheldon The Sniper

#Bitcoin  Update! ▶️ @Sheldon_Sniper

Looks like #BTC has chosen the direction it wants to move . Very important to get a new high on this push $31 000 + is what we want from this push to remain bullish .. #Bitcoin  ▶️ @Sheldon_Sniper

The TOTAL is currently at $1.17T - a significant resistance level that has been tested three times over the last two weeks.  That resistance extends up to $1.2T, but if the TOTAL can break through the entire zone, the next resistance is at $1.3T.  A rejection would take it down to its daily support line at around $1.125T, but the next crucial support lies between $1.08T - $1.115T. ▶️ @Sheldon_Sniper

The recent impulsive breakout above the white horizontal resistance line on the chart, at $1,850, indicates a move to the upside is imminent for ETH. So let's see if we can get the follow-through that we want.  The wave upward has a minimum expected target of $2,455.50.  The move will only be invalidated if the price breaks below $1,625. The probability of a swing long playing out nicely over the next few weeks is looking likely. ▶️ @Sheldon_Sniper

Bitcoin has rallied this morning but is still below its nearby interior resistance at $28,525.  A breakout above that level and a further breakout above $28,825 would add more confidence to price rallying and hint that a new wave upwards is in progress. If this plays out, my target is $31,500. And over the next few weeks, it could even reach $34,492.50 - $35,319.50. However, if the price breaks to the downside, targets are approximately $26,745, followed by $25,761, and $25,000. ▶️ @Sheldon_Sniper

SOL, currently trading at $21.30, could present a nice trade for us in the next few days.  If it retraces to $20.00 (support), entering 50% of my position with a stop loss just below $20.00 is an option. The other option would be to enter 50% at the break of the daily descending resistance line, at around $21.50 - $22.00. I would enter the balance on the retest of that line with my stop loss just below the trend line. My first target would be at the next resistance area at $24 - $25. ▶️ @Sheldon_Sniper

#NEAR looks like one of the next alts to pop This is the trade i am taking ▶️ @Sheldon_Sniper

#DOGE Breaking Daily wedge ▶️ @Sheldon_Sniper

#ETH and Altcoin rally coming at any moment … ⏱ ▶️ @Sheldon_Sniper

Over the last week, the DXY has been ranging and consolidating between support at 102.00 and resistance at 103.50. Now it’s a waiting game to see which way the DXY breaks out.  A break of support could take the DXY down to 101.50 - an area that held strong in January. And a breach of 103.50 and the descending daily resistance line, would see it head to 104.00 - 104.50. ▶️ @Sheldon_Sniper

As you can see in the chart, bitcoin bounced off its mid-range level. I suspect the price could push up one more time to $30,000 to capture the cluster of liquidity built up by shorts who have set their stop losses above the prior two weeks' worth of candles.  That would be an opportunity to exit the market, as prices will most likely break back into the range, and bitcoin will experience a deeper pullback to possibly even $25,000. ▶️ @Sheldon_Sniper

The ES1! has reclaimed its range's 0.75 level, which means its next target is its range high.  Now, in the same way that bitcoin will likely push higher to capture liquidity, the same could be true for the ES1!. So, if you see a sweep of the range highs, although emotions will start kicking in as it will feel like the market is breaking out, the price will most likely get rejected there - meaning it will be an opportunity to short resistance. ▶️ @Sheldon_Sniper