Low risk low amount try to worth for mini scalp.
If we lost this levels this is my view where we can bounce im not too much bullish for alts because rich ppl start deffend them btc entries and will announc a lot of bullish news and try hold it where we will see BTC .D bounce till 50-52 and alts lose them power in my opinion.
This is not final dip 100% but for bounce maybe time? 1/2 variables -> 25k or 35k is comming. Also we holding nicely channel so thats good we can trade swing
If shorts still increase what we can see from funding i wanna them short squeeze then in these levels. (not making limit orders just looking in these levels if we dipping again.
Rising wedge with 4 impulses will make lower low.
Here we got same idea like always was before. (Huge fuds started to make discounts for now and big buy where can be same fud like 2013 / 2017-2018 -> to make bear trap. and create again new Channel. Why im shared this? Because we need always have and bearish and bullish ideas. I'm wont share bullish news because few guys already did it same and i wont create again...
What happening here? We got same accumulating phase we got same break we got same crashed then we got same -> accumulating phase and after ATH + Supply demand zones at ATH we broke we start huge rally, why? Because here always start huge news in TV,Internet, Twitter everywhere. Mainstream going Public -> Greed -> New Paradigm. I'm wont say anything it happening...
Okay guys let's talk about Bitcoin in 2013 everyone said its can be same like now and what we seeing? We got same accumulating phase we got same break we got same crashed then we got same -> accumulating phase and after ATH + Supply demand zones at ATH we broke we start huge rally, why? Because here always start huge news in TV,Internet,Twitter everywhere....
This retest to supply demand zone was bullish sign for this moment. If we can stay above our biggest first res we can have a really fun rally with LTC. Risk management is yours friend use SL guys.
One of the last chance to bounce here, btc pairs already break.
BNBUSDT looks like wanna test this levels. And This is not good sign for us.
Okay what happend here? And we need stressful take this serious? My answer not. We got good entries and im holding with SL to BE and i will try said why we can be bullish still. We had probably everyone see Wyckoff how it works. We had China FUD We had bounce from BTC.D (who shaked ALTS because BTC hold too much it) We bounced from Our supply demand...
Firstly SXP if didnt hold this summer ATH then we possible got bounce from daily EMA.
Rising wedge of Rune showing for us possible of lower but in this market we see a lot of breaking of rising wedge BUT this time is different we have very low BTC.D where we need bounce and make some rejections. 1. Hopefully bids is possible also if we get BTC lower if we didnt hold. 2. BTC.D bounce possiblity 3. Rising Wedge 4. Crossing EMAS what's not good sign.