 Got rejected off the Top Boundary of a Descending Channel and now heading down. Shorting it with a Stop-Loss above the Resistance Trendline. Also it can be a potential Re-Distribution as we are at the top, so will add to my short in case it breaks the Descending Channel to downward. |
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  Previously breakout of the 12k$ Horizontal Support will at least lead to the retest of the Lower Boundary of an Ascending Channel, which happened. Locally it should be a bottom as we got the majority of Longs got liquidated during the last 2 days (look chart above).
Technically it's a also a good point to retest, we are at the Support Cluster [11.650$ Horizontal Support + Lower Boundary of an Ascending Channel]. Nevertheless we have two work with a confirmed retracement. $BTC provided a bounce as expected, which brought me +17.3% profit using x10 leverage. Still holding the part of the Scalping Position as we might get the retest of 12k$ once again.
Margin position can be taken on either breakout of 12k$ Resistance Zone or on the breakout of the 11.650$ Support Zone. |
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 $XMR Weekly Double Bottom
Found a great setup on XMR, the coin has just produced a Double Bottom on a Weekly TF. We have a Horizontal Resistance + 0.618 Fib level are ahead, but if we pass this Horizontal and confirm the Double Bottom, then be prepared for 30% shoot up at least. |
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Previously breakout of the 12k$ Horizontal Support will at least lead to the retest of the Lower Boundary of an Ascending Channel, which happened. Locally it should be a bottom as we got the majority of Longs got liquidated during the last 2 days (look chart above).
Technically it's a also a good point to retest, we are at the Support Cluster [11.650$ Horizontal Support + Lower Boundary of an Ascending Channel]. Nevertheless we have two work with a confirmed retracement.
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 Something unexpected needs to happen for $Bitcoin's price to stop doing what it's been doing for most of the past decade: appreciating. Demand and adoption metrics remain favorable vs. the $crypto asset's unique attribute of fixed supply. |
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 $ETH Good Point for Long! ETH has held above the Broken Horizontal Resistance, + we have a Falling Wedge pattern. If the Falling Wedge broken upward we consider a long position📈.  $ETH Long Setup Remains Valid Despite we have the BTC dropped locally, ETH has held the Horizontal Support on 35035 sats and can provide an upward retracement just as we planned. |
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 Well I would look for the ALTS MARKET CAP closely now, as it's the major indication of BTC continues uptrend. According to this projection it's not even the beginning of our upward wave I wrote on weekends. Let's wait the fixation above 12k$ & Alts Market Cap outflow. |
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 $Updated BTC Local Roadmap 📜
Locally we received a new Range to work with, since the breakout of 12k$ Horizontal Resistance it should switch into the Horizontal Support, and we have New Resistance around 12.450$ established.
Overall priority is bullish as we are charting in the Ascending Channel, however we might get a retest of the 12k$ Support Zone, also the Mid Line of an Ascending Channel. In this case looking for a bounce and taking a long once it's confirmed.
Second scenario we break out of an Ascending Channel to upward, it's also a breakout of a new established Resistance, it's also a bullish case and a good point for a long position here.
This local structure remains valid, while we hold above 12k$. As if we go lower at least Lower Boundary of an Ascending Channel will be retested. Well Done $BTC, now we should watch for the 12k$ Horizontal Support. If retracement follows long can be taken, cross under this zone will lead to the retest of the Lower Boundary. |
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$ETH Good Point for Long! ETH has held above the Broken Horizontal Resistance, + we have a Falling Wedge pattern. If the Falling Wedge broken upward we consider a long position📈. |
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$Updated BTC Local Roadmap 📜
Locally we received a new Range to work with, since the breakout of 12k$ Horizontal Resistance it should switch into the Horizontal Support, and we have New Resistance around 12.450$ established.
Overall priority is bullish as we are charting in the Ascending Channel, however we might get a retest of the 12k$ Support Zone, also the Mid Line of an Ascending Channel. In this case looking for a bounce and taking a long once it's confirmed.
Second scenario we break out of an Ascending Channel to upward, it's also a breakout of a new established Resistance, it's also a bullish case and a good point for a long position here.
This local structure remains valid, while we hold above 12k$. As if we go lower at least Lower Boundary of an Ascending Channel will be retested.
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 Something more interesting, BTC Dominance has dropped significantly & might go some lower, but the point is that money from Alts (currently we have Altseason) will just inflow back to the BTC, it's where the party begins.
According to Fear & Greed index which keeps highest points the Market is heat very well for to start bigger rally.
Difficult to say about exact time as it depends on how far Market Makers are planning to push up the BTC, accordingly it will require longer time for the accumulation if we talk about the push up to the All Time High (or further upward), and less longer period if we just need to visit higher points such as 13.800$ & 16.200$ Resistance.
▪️For sure we have something interesting lays ahead. Longer it lasts, higher we will go. |
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 We have the Range established, most likely to be a Re-Accumulation during the overall Uptrend, nonetheless it can be confirmed only by the breakout of 12k$ Resistance as I pointed out previously.
Locally we have some important key zones that can help us scalping, as we are in the middle of the overall Range we have to looks for the Resistance & Support Zones, because the breakout of any of this area will point the Next Local Direction (marked on the chart). Simply working with a breakout now. |
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 $XTZ
Tezos retraced of the Lower Boundary of the Channel on a Daily Timeframe. It can be a moonbag especially if we cross above the Pivot Point.
I am entering with a Stop-Loss below the Lower Boundary of the Channel. $XTZ Retest of the Resistance of the Channel is done, +208.9% profit made with x5 leverage. The main part of the position is fixed here. |
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 MATIC has retraced of the Lower Boundary of an Ascending Channel on Weekly TF, as I shower earlier, locally it formed the Cup & Handle. Ready to go further upward, once crosses the Horizontal Resistance and confirms the pattern. |
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 $BTC Update Was too early for breaking the the 12k$ Horizontal Resistance, so that to break the accumulation range. Now we have price ranging again and currently testing the mid line of the Channel. Fixation above will at least push us to the 12k$ Resistance. |
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 Trading volume on Decentralized exchange Uniswap overexceeded $250 mln, during the yesterday's session. So that approached to the score of Centralized Leading Exchanges.
According to the Bitwise, where score is most trustful, the trading volume of Uniswap even surpassed such leading exchanges as Kraken, Bitfinex & Bitstamp. |
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