#BTC
Price respected the 2024 AVWAP Support and closed daily above March low which means it wants to go higher towards 60.6k - 61.3k in the short term
imo its best to load the Today's dip for scalping Spot buys / longs
@cryptosignals
BREAKING: 🇺🇸 Federal Reserve pauses interest rate hikes, remains at 5.25% - 5.50%.
@cryptosignals
#BTC
BTC Closed Monthly below 61300 which means bulls losing control in HTF but at the same time BTC grabbed sell Side Liquidity below 59.6k which means can expect relief in short term.
in Short. PA is bearish expect relief rally for next 3 - 4 days before another leg down
@cryptosignals
I am taking 50% profits here on All long/spot Positions and moving sl to entry for remaining positions.
Monthly close Today so manage ur risk
@cryptosignals
#BTC took the Sell stops below 63.1k and bounced and now consolidating around 64k for next leg up towards 65.3k - 65.8k Daily FVG.
we will Re-evaluate the PA when BTC reaches daily FVG
@cryptosignals
JUST IN: 🇺🇸 SEC expected to deny spot Ethereum ETFs next month, Reuters reports.
@cryptosignals
#ETH
Just Like BTC, ETH also grabbed buy side liquidity above PWH before Pulling back which means POI is not Raiding high again this week. so likely scenario that ETH dips with BTC and Grabbed the Sell side Liquidity 3018 before Any potential Bounce.
However if It finds Acceptance below PWL 2865 and Close weekly below 3050 then it can easily dip towards 2650 - 2400 zone and moreover 3520 which was the Strong support now is the massive Resistance
@cryptosignals
#BTC Update
Well BTC grabbed the Buy side Liquidity above PWH and Pulled back which means Point of interest is not high anymore for this week. so there is likely that BTC Grabs Sell side Liquidity below 63.1k before any potential bounce.
However If BTC find Acceptance below 63k then the raid lower below PWL 59.6k is highly likely ( Including wicks towards the 2024 AVWAP 57k)
@cryptosignals
#ETH Spot Profits 15% so far.
However it gets rejected again from the equal highs which is not a good sign.
@cryptosignals
Market Update;-
Take 50% Profits on All Positions whether its spot/Leverage and Put Sl to entry for remaining positions.
Lets see what does here either flip 67k as support or gets rejected for pullback to 64k - 63.5k
@cryptosignals
JUST IN: 🇺🇸 US Government seeks 3 year prison sentence for ex-Binance CEO Changpeng Zhao (CZ).
📰 Read More
Long #ONDO
Entry 1 - 0.7185 (50%) CMP
Entry 2 - 0.656 (50%)
Targets - 0.776 - 0.828 - 0.90 - 1.05 - 1.5
Sl - 0.636
Leverage 5x
@cryptosignals
Wow Liquidity Below March low taken, violence below MA100 happened and Price is very close to 2024 YTD AVWAP.
imo it should bottom here
@cryptosignals
BREAKING: Binance Founder Changpeng Zhao (CZ) sentenced to 4 months in prison.
@cryptosignals
#BTC sell side liquidity below 59.6k. I hope they get hunted so that we can expect some bullish action for next 4 - 6 days.
@cryptosignals
Everything will pump after stabilizing. Don't sell ur positions in Panic.
We are not going to 52k today as Market is just Rotating Sideways.
@cryptosignals
#BTC update
It did exactly what we anticipated i.e grab the sell side liquidity below 63.1k and bounce.
Its bouncing Hard now, i hope u guys loaded the dips.
Imo Market will be bullish tomorrow.
@cryptosignals
Note :- we are still in buy the dip Market Structure.
Don’t dare to short
@cryptosignals
Concerning thing is BTC Closed Last week's Candle below 65500 which means Bulls are losing control in HTF
@cryptosignals
Took profits and BTC gets rejected from 67k zone and pulled back to 64k - 63.5k.
What else u want from 👑ATAL?
Now If BTC finds Acceptance below 63.5k then get ready to buy the dips @61k - 59k
or
Bounce from here can take the Price to 65.5k zone where we need to carefully observe the reaction.
@cryptosignals