


This month’s close candle is critical, btc shouldn’t two main supports 102,000 and 98,000. On the weekly profile, comparing both (April and November ) 2021; specifically RSI gives me a bearish scenario. Mainly my only excuse to be optimistic is having institutional power in the space. Trade safe and think twice before hitting the button.
Expect high volatility on this contract due to less liquidity, but promising as meme coins get attraction.
Seems dominance must retest 57%; this gives a good push for quick scalps this week. Stay safe; use 4H confirmations. US gov shutdown news are done. Always take profits; i uncertain about the first 10 days of 2025. I am sure i will not miss the best opportunity to ape in. You may with to look OTHERS.D; it is rebouncing which is another confluence for the coming...
Here is the plan: Btc.d has much liquidity lying between 59.3-62 It reclaimed Nov bottom exactly on 15Dec. The daily close above 59.3 means moving towards 62ish. For BTC; it needs to gather momentum exactly between 84-73; this will give our base towards 150k. I started buying alts because majority are below 70% Fibs; where smart money starts to accumulate. Good...
This is an ipdate to rwcept post on BTC dominance; monitoring closely as we entered mid of December😏
Orange lines are hi/mid/low of Nov2024. We swept the low of Nov, now back to the range; price tends to test mid of Nov. I will monitor the fib levels; any aggressive move above 0.72-0.79; confirms a move to 62% dominance that matches a weekly rejection block (check the weekly chart to confirm). From 62% a free fall would start declaring parabolic move to altcoins....
My eyes are on levels marked in golden zone despite having lower targets if it decides to visit the channel bottom.
I need the two green lines zone to hold, which will trigger buy program expansion towards old high. Then RIP solana memes ✍️
My target is 11 UPCOM:ISH Confluence: Bms for weekly structure via impulsive move Touched first minor -ve OB correction from impulsive move to 0.62 fib I want previous week high to hold, then fly over the rainbow :/ Plan: build my entry between 5-6 Watching 4h price action; entry probably within a 15 god’s fvg
Ranges for btc, Marked previous week levels, waited for sweeping last week high, took my short. Scalping only due to critical range of btc. I expect to start building shorts from this range towards 30ish.
Waiting for price to interact with below 4h fvg. Range low mitigated and price came back to range.
I believe daily accumulation is on track + strong hold on current support.
It moves in symmetrical uptrend, but suffering to close above 5.6 on weekly. Can someone discuss ? This is not advise to buy or sell, am learnibg here
Hope to see 60k in a week. Watch btc dominance, it has to break 40%
identifying the top and bottom trends for this year, and a short term waves anlysis