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Not a bull, not a bear. Just TA. (Liquidity & market pyscology). I will never DM you first. Non Financial Advice📌 Spain. https://twitter.com/CrypNuevo?t=QH7jW2rRH9lGlNQ1LPi6Xg&s=09 https://youtube.com/@CrypNuevo?si=N5vYd0aa http://t.me/CrypNuevoAdmin
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$BTC
Liquidation cluster hit. First part of the projection played out ! 🔨
Thanks for your support! My profile is public again.
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So I finally came up with this projection:
Not necessarily for the week ahead, the time frame is more like 2-3 weeks.
Impulsive move up to liquidate high leverage short positions, and then drop back down to fill the 50% of the wick. Forming a potential accumulation range.
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However, we have a problem in the opposite direction... a long wick. Long wicks tend to get filled to balance the OI gaps.
It's very likely that we end up filling this wick sooner or later. The probabilities of leaving this wick behind and never fill it again are lower than 10%.
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The first thing that catches my attention is that the big liquidation cluster has splited into 2 areas since Thursday:
• $62.5k to $63.5k: This is the main liquidity area that should get taken soon (short term)!
• 67.1k: Mid term area.
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$BTC Sunday update:
We'll have a volatile week ahead.
The market will react to the MiCA regulation and all the economic data (NFP, Unemployment Rate, FOMC Minutes,etc).
However, Bitcoin is already giving us a few signs of what is likely to happen next. Let's analyse it:
👇🧵
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Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures
#JASMY/USDT All take-profit targets achieved 😎
Profit: 86.7194% 📈
Period: 5 Days 4 Hours 24 Minutes ⏰
Making crypto great again😘
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Binance Futures, ByBit USDT
#1000PEPE/USDT All take-profit targets achieved 😎
Profit: 217.098% 📈
Period: 4 Days 16 Hours 17 Minutes ⏰
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KuCoin Futures, OKX Futures
#GFT/USDT All take-profit targets achieved 😎
Profit: 86.9427% 📈
Period: 1 Days 21 Hours 42 Minutes ⏰
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Binance Futures
#BAKE/USDT All take-profit targets achieved 😎
Profit: 216.3198% 📈
Period: 1 Days 20 Hours 35 Minutes ⏰
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