$BTC Floor at ~72.8KBitcoin BTC is going to continue on it's downtrend until it hits the .6 FIB line which intersects the channel bottom at 72.8k.
I'm looking for a big bounce there... if not... we are are literally fucked.... for a while
Fibonacci
BTC/USD - 1H Chart Analysis📊 BTC/USD - 1H Chart Analysis
🔹 Current Price: $79,938.76
🔹 Market Structure: Bearish with lower highs and supply zones in play
📍 Key Levels to Watch:
🔻 Resistance (Sell Zone): $80,029.44 - $81,000 (FVG & Supply Zone)
🟢 Demand Zone (Buy Area): $74,057 - $73,000
📈 Bullish Scenario:
✅ If BTC breaks and holds above $80,029, it may push toward $81,500 - $82,600 (Fib retracement levels).
📉 Bearish Scenario:
🔻 A rejection at $80,029 could drive BTC down to $74,057 - $73,000 (major demand zone).
💡 Trading Plan:
🎯 Sell Setup: Look for bearish rejection at $80,029 - $81,000.
🎯 Buy Setup: Wait for a reaction at $74,057 for potential long positions.
🎯 Risk Management: Stop-loss above resistance, TP at demand zones.
#BTC #Bitcoin #CryptoTrading #TechnicalAnalysis 🚀
BTC, Fibs, Market Psychology, and You: A Primer The Setup
I've identified a compelling technical setup that suggests BTC could be heading toward the $9,000-$9,850 range. This isn't just another bearish call - it's based on a rare convergence of multiple technical factors that I've rarely seen align so perfectly in my 18 years of trading markets.
Technical Confluence Zone
What makes this setup particularly compelling is the convergence of multiple independent technical factors around the same price zone:
1. Unfilled CME Gap : The Bitcoin futures chart shows a persistent unfilled gap from 2020 between $9,655 and $9,850. This gap has survived multiple market cycles without being filled, making it increasingly significant.
2. Key Fibonacci Level : The 0.382 Fibonacci retracement level sits at $9,024.11, remarkably close to the lower bound of the CME gap when accounting for the typical futures premium over spot.
3. Elliott Wave Structure : The current price action suggests we're in Wave 4 of a larger Elliott Wave pattern. Wave 4 corrections often retrace to previous Wave 1 territory, which aligns with this target zone.
4. Fibonacci Time Cycles : The time component is equally important - Fibonacci time extensions suggest we're approaching a potential inflection point in the current cycle.
Market Context Supports the Technical Picture
The technical setup doesn't exist in a vacuum. Several market conditions increase the probability of this scenario playing out:
1. Market Saturation : The crypto ecosystem has expanded dramatically, with thousands of tokens diluting liquidity that was once concentrated in major cryptocurrencies.
2. Retail Exhaustion : Retail investors who entered during previous hype cycles feel unrewarded despite price recoveries, leading to diminished enthusiasm and buying pressure.
3. Institutional Distribution: Wall Street and institutions have made their presence known, which historically signals they've distributed their high-priced holdings to retail while preparing short positions.
4. Concentrated Leverage Risk : MicroStrategy's position of 499,500 BTC at a $66,000 average purchase price, funded almost entirely by massive debt issuance, creates a significant systemic vulnerability. A move toward our target zone would put extreme pressure on their balance sheet.
Broader Market Context
This analysis also coincides with what looks to be a tired stock market following the 2024 US presidential election. With Donald Trump winning his second term, we have seen significant policy shifts that are actively impacting both traditional and crypto markets. Historically, markets often experience increased volatility during transitions of power, and the confluence of this political shift with our technical setup creates an even more compelling case for caution.
Additionally, price precedes news. The news is created on price. If you're hearing about an event, the trade has already been made. There is too much talk of unprecedented institutional participation. This is another sign that retail is being distributed to for the next meltdown. Bags were already offloaded. It's time to drop the anchor.
Historical Perspective
Having traded through multiple market cycles since 2007 I've seen this pattern before. Large players often target overleveraged positions to acquire assets at distressed prices. Michael Saylor experienced a leveraged meltdown once before during the dot-com crash - history doesn't repeat, but it often rhymes. Saylor is a designated whipping boy. A patsy. He will be rewarded well for his participation in fleecing you, so don't worry about what kind of skin he has in the game.
With that said, I believe an undetermined Black Swan event will be necessary to complete the rug pull. What that is, I cannot know.
Trading Implications
This analysis suggests several potential trading strategies:
1. Risk Management : Reduce exposure to Bitcoin and high-beta altcoins until this technical target is reached or invalidated.
2. Opportunity Preparation : Build dry powder positions to capitalize on what could be an exceptional buying opportunity if BTC reaches the $9,000-$9,850 zone.
3. Watch for Triggers : Monitor for breakdowns below key support levels that could accelerate the move toward our target zone.
4. Time-Based Entries : Use the Fibonacci time cycle extensions to refine entry timing if the price approaches our target zone.
Conclusion
While Bitcoin's long-term prospects remain strong, the confluence of technical factors pointing to the $9,000-$9,850 range suggests a significant correction may occur before the next sustained bull run. The catalysts to reach what should be a $250k range this cycle simply do not exist, and with waning macroeconomic strength, the odds of this cycle being anything other than a massive bulltrap are low. This setup represents one of the strongest technical cases I've seen. I also don't care to share my ideas often, but with everyone expecting a typical crypto market cycle, I feel compelled to offer my take on a public forum--for whatever it may be worth.
I am not shorting this market. I have removed my capital and taken an observant position. While I feel strongly about my idea--Clown World has fully taken hold and I don't dare test its resolve to break me.
Remember that no analysis is guaranteed - always manage risk accordingly and be prepared to adapt as the market evolves.
*Disclaimer: This analysis represents my personal view of the markets based on technical analysis and market observations. It should not be considered financial advice. Always do your own research and trade responsibly.*
XAUUSD Possible SellXAUUSD possible sell opportunity but the trade is counter trend with 0.5 % risk .
Good LUck
Gold is expected to hit 2930 again after gaining momentumBros, today gold continued to fall to around 2880, but I still insist on going long on gold. Don't give up on gold because of its band decline. I think this fall in gold may be the last opportunity for gold to fall before it rises, so I won't feel pessimistic because of this fall in gold.
Taking advantage of this decline opportunity, I have absorbed enough cheap chips. We can clearly see that although gold fell, it did not change its rising structure and did not break away from the rising trend; in addition, after gold rebounded from around 2832, there was not much room for correction, and this decline was obviously to cooperate with the low of 2832 to successfully build a "W" double bottom structure. This will form favorable conditions for breaking through the short-term resistance of 2930, and even lay the foundation for hitting the previous high near 2956.
This is why I still insist on going long on gold even when it is falling. If you are really scared by this decline, then I think you have missed the opportunity to go long on gold at a low point.
Bros, do you have the courage to go long on gold with me?Trading means that everything has results and everything has feedback. I have been committed to market trading and trading strategy sharing, striving to improve the winning rate of trading and maximize profits. If you want to copy trading signals to make a profit, or master independent trading skills and thinking, you can follow the channel at the bottom of the article to copy trading strategies and signals
APPLE Stock Chart Fibonacci Analysis 031025Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 230/61.80%
Chart time frame: D
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
COINBASE Stock Chart Fibonacci Analysis 031025Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 166/61.80%
Chart time frame: D
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: C
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
US10 Treasury Yield Stock Chart Fibonacci Analysis 031025Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 3.99%/61.80%
Chart time frame: D
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: C
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
SPY Stock Chart Fibonacci Analysis 031025Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 145.2/61.80%
Chart time frame: D
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: C
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
SPY Stock Chart Fibonacci Analysis 031025Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 549/61.80%
Chart time frame: D
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: C
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
PEPE / USDT - Elliot Wave UpdatePEPE / USDT - Elliot Wave Update
Topic: Hit end of Wave 3 into 4
Left chart Macro Elliot Wave:
--------------------------------------
Pepe Elliott Wave 0-1-2-3-4-5 showing that (i believe) we've ended Wave 3 and probably in Wave 4. The 1.27 is an extension of 1 to 2 (debatable if that's correct).
End here is 3 to 4. 3 We've hit (I believe) 4 needs to be fulfilled.
To gauge 4 ending we pull Fib from the Top of Wave 2 down to the lowest low (end of wave 3 - our assumption).
This leaves fibs 0.236, 0.382, 0.5, and 0,618 as target highs to end Wave 4.
It's said that Wave 4 has equality of Wave 0 to 1. Which makes me believe that 0.5 or 0.618 are the target highs.
NOTE: Middle and Right chart coexist -> As in, the Gartley might not come down and therefore the CRAB Harmonic will kick in (what I'm saying is, don't wait for the price to come down to fulfill the gartley BUT also dont expect the price not to come down to fulfill the gartley, AND DON'T EXPECT EITHER TO HAPPEN. Risk management -> nothing certain, only probabilities).
Middle chart (Possible CRAB Harmonic):
--------------------------------------
Showing a demonstration (lets call it A) of the inner workings of Wave 4 playing out.
X to A resistance at 0.618 to form B.
Retrace to and between 0.382 to 0.888 to form C
C to D 1.618 which leads to a possible (probable) end of Wave 4 at 0.5.
Right chart (Possible Gartley Harmonic):
----------------------------------------
X to A = B 0.618
B to C 0.618 to 0.888
POSSIBLY to D as noted in NOTE above.
OR continuation of CRAB harmonic.
I've put probable buys and sell areas as guidance to my thoughts. Trade safe and if I've forgotten anything I wanted to articulate I'll update.
For me a learning exercise. Things only make sense the more data you have.
Knowledge base:
ChartChampions - None other than Daniel and his Team to learn from!
Book wise atm: JARROD SANDERS - Elliott Wave FIBONACCI HIGH PROBABILITY TRADING
Oh and definitely think that this was an extended Wave 3! I got suckered thinking I knew the levels without waiting and being patient before taking a trade! Patience and risk management for me is half the story! I know my levels but I'm a losing trader because I don't have patience. <3
BTC Macro - Medium Short Term - Trivial Analysis BTC Macro - Medium Short Term - Trivial Analysis
Projected Target based on previous time frame fib extension:
Trend based Fib Extension from LL begining 2024 to HH to LL - extension 2.0
Current (Point A):
Local CRAB Harmonic Target previouse fib 2.0 target
X A B C D -> crab pattern with fib extension pointing to target from Fib noted in point A
----
If I get anymore warnings from TradingView on False advertising - I will stop posting all together!
Pepe - Parallel Chanel Local Monthly Feb RangeThe only thing I can come up with other than a "Magic Pill" is to follow the trend. Follow the short term trend.
Based on this analysis:
Pepe - Bullish - Trend based fib levelsTrend based fib levels from previous lowest low to high to low (current).
2.0 extension and value area high from range pulled
Note: doesn't mean we cant go lower. Trade with caution!
Pepe USDT Day Trading Idea 1 March 2025Pepe USDT Day Trading Idea
Fib drawn from high to low of the rane were currently in. Obvious rejectioon at 0.5 and forming a Triangle Pattern if you will.
Day idea 1:
Possible 0.236 support with monthly as a backup at that level or S1 at 0.0000748. Trend reversal from suppoort with a possible high between 0.382 and 0.888 or R1 at 0.0000838. If S1 is hit be aware of the monthly being resistance at 0.236.
Day idea 2:
Possible S2 at 0.0000703 which fulfills the larger range Butterfly Gartley depicted in previous post posted here for reference.
For S and R levels I'm using the "Day Trading Booster BY DGT". Great indicator for day trading levels.
BTCUSDT - FIBS 11 March 2025Firstly - look at these fibs! Study them! Look at the levels how well respected they are! Amazing!
Similarly as for ES1 S&P Mini Futures, 0.236 based on Trend Based Fib Extension currently a support.
Trend based fib pulled ABC as depicted in green. Which gives fibs. Currently 0.2336 as previously mentioned as support.
Also at 0.382 speed fan support. 0.236 seems to align with the 0.618 which differs to my analysis on the futures. Depicted in blue how I pulled the levels for the speed fan.
Decending Triangle:
Bullish no doubt, the descending triangle pattern. Seems well respected now at the possible bottom.
Just an idea. Happy trading. :) Using Fibs in this example as a guide.
S&P 500 Mini Futures - FIBS - 11 March 2025 idea can be found here:
Ethereum's Potential Bottom: Could $5000 Be Next?Ethereum has experienced a significant 56% drop over the last 84 days. Has ETH found its bottom, or is more downside ahead? Let's break it down.
🔹 Fibonacci Retracement from October Low (2023) to December High (2024)
Starting with the Fibonacci retracement from the low of $1520.85 on 12th October 2023 to the high of $4109 on 16th December 2024, ETH recently hit the 0.886 Fib retracement at $1815.9 and saw a bounce. This area aligns with the Point of Control (POC) from previous price action, a potential signal that this could be a major support zone.
However, the real question is whether this is the final bottom, or if ETH will retest lower levels.
🔹 Further Fibonacci Retracement Analysis
Next, we take a larger Fibonacci retracement, from the low of $879.8 on 18th June 2022 to the high of $4109. The 0.786 Fib retracement at $1570.85 appears to be a critical support zone, as it also coincides with the POC in the volume profile of the entire market structure. This indicates that the $1570-$1600 region is a significant area of interest for buyers to step in.
🔹 Log Scale Fibonacci Confluence
To further strengthen this analysis, applying the same Fibonacci retracement on a log scale shows the 0.618 Fib retracement at $1585.17, very close to the POC and 0.786 Fib level, reinforcing this region as a major support zone.
🔹 High-Probability Long Setup
If ETH revisits the $1570-$1600 zone, this forms an ideal high-probability long setup with excellent risk/reward potential. A potential R:R ratio of more than 20:1 could materialise if this setup plays out and price targets $5000 as a take-profit level. The stop loss placement will determine the exact risk-to-reward, but the reward could be massive if this level holds.
💬 What are your thoughts? Will Ethereum find its bottom around these key levels? Excited to see how this develops! 🚀
S&P 500 Mini Futures - FIBS - 11 March 2025Firstly - look at these fibs! Study them! Look at the levels how well respected they are! Amazing!
So, for some reason, playing around in the past. DXY and Stocks 0.236 is the majic number.
Having said that. Not for certain and only posting as an idea. Trend based fib pulled ABC as depicted in green. Which gives fibs. Currently 0.382 support. Not sure if were yet going to hit 0.236. If we do it's pointing to around June/July upswing.
Anyway, also at 0.382 speed fan support. 0.236 seems to align with the 0.75. Depicted in blue how I pulled the levels for the speed fan.
Similar BTC ideas can be found here:
Just an idea. Happy trading. :) Using Fibs in this example as a guide.
BTC Trend Based Fib Extension Levels & Descending Triangle 10/03Old Range Trend Based Fib Extension:
An idea based on previous range when price was at 50k. Notice fib levels from fib extension pulled from A to B to C how the levels were respected.
New Range Trend Based Fib Extension:
New range = Trend Based Fib Extension from Higher High to the range low and then to the lower high. Notice the fibs how they are respected!
Fib Speed Resistance Fan:
Also, pulled out the magic Speed Fan resistance, the old trick from the hat (thanks to Chart Champions). Fib Speed Fan Pull A to Fib Speed Fan Pull B. 0.75 always a massive support! Currently at 0.618 support.
Decending Triangle:
Bullish no doubt, the descending triangle pattern. Seems well respected now at the possible bottom.
Just an idea. Happy trading. :) Using Fibs in this example as a guide.
Just looking at this in hind sight. That bloody 0.382 at the top of both ranges that once lost seems a big one for down side. BUT, seems when reclaimed, its another story! :) (wink wink)!
Solana: Time to Buy or More Pain Ahead?Solana has been in freefall since peaking at nearly $300 on January 19, 2025, dropping a staggering 61% to $115,47 in just 50 days, currently trading at around $119. A support zone for potential reversals.
The big question now: Is this the time to go long, or is more selling pressure ahead? Let’s break it down.
Key Support & Resistance Levels
Lost Key Level at $120
Solana lost the key support at $120, turning it into a resistance zone. For bulls to regain control, SOL must reclaim this level with confirmation and increased volume.
Next Key Lows to Watch
Below the current price, the next key liquidity zones are at $110 and $105, where buyers may step in.
Major Support Zone – $104 to $96
If selling continues, we have a strong support zone between $104.14 and $96.96, backed by multiple confluences:
Anchored VWAP Support: Taking the anchored VWAP from the 2023 lows at $8, we find it currently aligning near $100, a key psychological level.
Monthly Order Block: On the monthly timeframe, an order block sits right at $100 mark, reinforcing this level as strong support.
2024 Yearly Open: The yearly open from 2024 is at $101.72, adding another layer of confluence.
0.666 Fibonacci Retracement: Measuring from $8 to the all-time high of $295.83, the 0.666 Fib retracement is at $104.14, further strengthening this support zone.
Liquidity Pools: There's a lot of liquidity around the $100 area
Fib Speed Fan Support: The 0.7 Fib speed fan also aligns perfectly with this support zone.
Conclusion: The $104–$97 range becomes a high-probability long entry zone with minimal risk.
Long Trade Setup
Entry Zone: $118 – $97
Stop Loss: Below $95
Take Profit Target: $135
Average Entry: $105 (DCA)
Risk-to-Reward (R:R): a solid 3:1 or better
Strategy & Execution
With SOL already down over 60%, scaling into a long position makes sense. Here's how to do it the right way:
1️⃣ DCA Strategy – Instead of going all in, scale in gradually within the $118–$97 range for a better average entry.
2️⃣ Volume & Price Action – Watch for a spike in volume and bullish price action before adding to the position.
3️⃣ Psychological Level Play – There are likely many buy orders around $100, meaning a bounce before hitting lower support is possible.
Stay tuned for updates as this trade unfolds! 🚀
PROSUSDTWe can attempt to buy PROSUSDT from specified level as it make HL , also there is no bearish divergence occur indicate that it moves upward.
SL , TP mention in chart.
A New(Exhausting?) HighAfter the November/December high it had looked like a coming correction.
But then the February saw the price bounce back towards a new high,
As the price had not been corrected for 10 months this may bee seen as an exhausting spike.
The market is long and no new players may come in. The spike may have exhausted and a profit taking may set in within the next few weeks.
