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Author Topic: Cryptocurrency market analysis with a focus on BTC, ETH, SOL, and other altcoins  (Read 10 times)
dinotrader777 (OP)
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June 13, 2024, 03:19:42 AM
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BTC Higher Time Frame (HTF) Analysis
  - Current bullish outlook despite bearish propaganda.
  - Emphasis on a macro range of 59k-73k and a micro range of 66k-71k.
  - Importance of not cherry-picking data points.

BTC Lower Time Frame (LTF) Analysis
  - Long bias at 68.8k, targeting previous highs rather than new highs.

ETH Analysis
  - Weekly SFP not valid; focus on holding above 3500 to remain bullish.
  - Potential LTF setup discussed with flexible invalidation points.

SOL Analysis
  - Interest around 153, despite higher time frame bearishness.
  - Positive outlook on recent price action sweeping the origin of a pump.

PEPE Analysis
  - Discussion on range lows and highs; recommendation to take profits mid-range.

WIF Analysis
  - Holding 2.60 region is crucial; importance of stabilizing after volatility.

BONK Analysis
  - Looks decent with specific price levels for bidding under previous lows.

General BTC Sentiment
  - Acknowledgement of bearish appearance but finding opportunities in scary setups.

Execution Strategy
  - Close out 25-50% of position on SFP in lower time frames even if entered on higher time frames.
  - Emphasis on execution quality and risk management.

Other Coins Analysis
  ONDO: Recommended bidding around 1.27-1.28.
  TON: Good buy around 7.12-7.00.
  TIA: Advised to avoid due to poor performance.
  BNB: Should bounce at current levels; similar outlook for SOL.
  FLOKI: Weak chart after losing prior structure.
  INJ: Potential good setup forming.
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