BTCShould bounce right now to reclaim 23.6k above and bitcoin is still in the trending channel.
If chooses to breakdown good to long will be around 20.8-21.1k nPOC Levels.
Monkicrypto
BTCBTC is currently in a box pattern again between the 21500-22300 tight range.
Weekend Pump? Still Ranging?
ETHCan ETH fill the nPOC on 1421?
Actually, I'm looking also at 1321 for pullback maybe 1262 and 1249, and lastly 1209 if we get a wick before the upside again.
BTC Market UpdateIf BTC did not flip the Resistance 18100 area into Support we expect a downside and if not vice versa.
Here are the current nPOC levels:
1. Downside
-17435
-17185
-16937
-16722
-16628
-16530
2. Upside
-19649
-20724
-21229
-22389
-23439
Note: CPI is also later today so we will be expecting a big move again.
TRXUSDTLet's see if we backtest the 0.04950 area down to the 0.04790 area.
TRXUSDT Futures Setup:
Entry: 0.05190-0.05170 ✅
TP1: 0.04970-0.04920
TP2: 0.04790-0.04740
TP3: Open TP
Note: Always use SL to avoid Liquidation.
Disclaimer: Trade at your own risk.
ETHUSDTLet's see if we backtest the 1190-1200 area and target 2 nPOC at 1288 and 1321.
ETHUSDT Futures Setup:
Entry: 1190-1200
TP1: 1235-1245
TP2: 1280-1290
TP3: 1325-1335
Note: Always use SL to avoid Liquidation.
Disclaimer: Trade at your own risk.
BTCUSDTLet's see if we backtest the 16510-16610 area and hit nPOC at 16530 and target nPOC at 17651.
BTCUSDT Futures Setup:
Entry: 16510-16610 (nPOC 16530)
TP1: 16860-16960
TP2: 17210-172310
TP3: 17560-17660 (nPOC 17651)
Note: Always use SL to avoid Liquidation.
Disclaimer: Trade at your own risk.
ETH Market UpdateLet's see if we backtest the 1170 area down to the 1150 area.
ETHUSDT Futures Setup:
Entry: 1198-1193 ✅
TP1: 1175-1170
TP2: 1155-1150
Note: Always use SL to avoid Liquidation.
Disclaimer: Trade at your own risk.
BNBUSDTBNBUSDT Futures Setup:
Entry: 247-246 ✅
TP1: 242-241
TP2: 238-237
Note: Always use SL to avoid Liquidation.
Disclaimer: Trade at your own risk.
BTC Market UpdateLet's see if we backtest the 16400 area down to the 16200 area.
BTCUSDT Futures Setup:
Entry: 16690-16640 ✅
TP1: 16440-16340
TP2: 16240-16140
Note: Always use SL to avoid Liquidation.
Disclaimer: Trade at your own risk.
TRXUSDTTRXUSDT Futures Setup:
Entry: 0.05419-0.05409 ✅
TP1: 0.05320
TP2: 0.05220
Note: Always use SL to avoid Liquidation.
Disclaimer: Trade at your own risk.
ETH Market UpdateWe expect the next pump to be around 0.5 & 0.618 fib levels which are 1251-1275 range.
BTC Market UpdateWe expect the next pump to be around 0.5 & 0.618 fib levels which are 17310-17565 range.
