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Price cleared a lot of internal liquidity in the form of numerous pools of eqh liquidity, there was an attempt to consolidate above the downward slope, where it ended up gathering a lot of liquidity from retail traders who opened long positions, and also took the upper limit of the seller's fta(0.4040) seller's interest zone with a swipe.
At the moment we successfully nailed the upper boundary of the buyer's area of interest, I expect a breakdown of the downside level with the subsequent consolidation and continuation of growth with the aim of updating the local high at 0.42.
◾️XRP/USDT
🔸LONG
🔸Buy: 0.386$
🔸Take-profit: 0.42$
🔸Stop-loss: 0.3764$
BTC sideway 23,800-24,000$ is good for Alts . Time to load dip
DXY broke the resistance area and now trading above it. As said all markets dump with the breakout of DXY. Keep tight stop loss in all trades as we may see more downward movement in markets. The next resistance is the 105.50-105.80 area and we may see a retracement from there in DXY.
BTC UPDATE
Time Frame - 4 Hour (LTF)
Bitcoin Price Action performed like i predicted yesterday. Price dumped from 25k zone where big whales booked profits (Distribution Phase) while keeping price around 25k zone only. Now Bitcoin price dipped to First support around 23.5k and saw small bounce. We have two scenarios here.
1. Green Path - Either we consolidate here for next 4-7 days and then hit 28k-32k.
2. Red - Path We deviate a little, broke below first support and hit major support around 22.5k, Grab liquidity there, squeeze all shorters and pump hard towards 28-32k
Either way 28k-32k is inevitable. It's matter of path that whales choose.
Invalidation of Uptrend- 4 Hour Candle close below 22k
What do you think which path will whales choose:
Green 🐳
Red ⚡️
I'm more inclined towards Green but still have my dip orders down the line.
Pair : ETHUSDT
LONG
Leverage : Cross 10x _ 20x
Entry : 1664.61 - 1614.6717
Target 1 : 1673.76535
Target 2 : 1686.24993
Target 3 : 1706.22525
Target 4 : 1716.21291
Target 5 : 1741.18206
Target 6 : 1774.47426
Target 7 : 1822.74795
Stop Loss : 1581.3795
🪙 DOT/USDT SWING TRADE
LONG position (buy)
Cross leverage x5-10
Entry Targets:
6.21-6.59$
🎯 TP:
1) 6.72862
2) 6.79524
3) 7.1
4) 7.9
5) 8.43
6) 8.989
7) To the moon 🌖
⛔️ SL:
6.145
