BTC Long Signal Alert!
Coin Name: #BTC
Signal Type: Long
As observed, Bitcoin's chart is currently experiencing a drop, which was anticipated. There is a major liquidation cluster below our previous lows, perfectly aligning with the 0.5 Fibonacci ratio. Once we witness a liquidity sweep from this low value area, an impulsive move upwards is expected.
BTC 4H TF
We may observe a push towards 62% on the Bitcoin Dominance chart, indicating a strong move for Bitcoin while altcoins might lag. However, a massive resistance exists at the Golden Fibonacci ratio; a decline from this point could spell good news for altcoins.
BTC.D
The USDT.D is forming an inverse Cup and Handle pattern, suggesting a significant bearish trend.
USDT.D
Trading above the descending channel acts as support, indicating an insane push in the altcoin market in the coming days.
TOTAL3
Trade Details:
- Entry: Around 100k
- TP: 131k
- SL: Keep Accumulating
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