BTC Plan:

H&S pattern in crypto

37k2 is very strong support for BTC

BTC Lost 372. It became a resistance now. Similar to ETH 2k6. They will retest these levels then we will exit buy positions.

#BTC Buy Setup

Tight S/L 1.5%

RR 4.5

STopped out.

Move on next setups.
Don't be panic guys. Long run ahead.

Unfortunately to say Plan is failed.

I have no idea to current market structure.

Following the theory of H&S pattern, the target is 1:1 ratio given in chart.

we are in chop season in a big range.

I have to accept the fact that:

1/ After the big crash at 19th May, BTC + Major Alts can not go up as a straight line. They have to overcome a long lasting re-accumulation ahead. It can take months.

2/ Very less coins can go up strongly as V-Shape pattern. I think current hyped coins are for NFTs + Layer 2. I will take time to watch market structure these coins. It is expected they will outperform others in coming weeks.

#LTC was an example in 2017. The sharp correction -60% was in Sep 2017 and It took 3 months to recover.

3months ?? Very long time in crypto. Many events will happen in other coins.

#ICP Short Setup

TP 99-69-45

#BTC SHORT SETUP

RR 2

I just estimated the ratio 1:1

Target of H&S

Everyone has their own view/bias no matter bear or bull.
Technical analysis is diversified
You can have your own bias following your style
Feel free to judge and discuss

guess the name of a coin that does not any effect on the last crash.

I am talking about it

did my words make you FOMO ?

#BTC SHort

Closed at Breakeven

#BTC Re-activate this setup

Not many alts can outperform BTC in coming weeks.

BTC in chop season ( sideway movement)
Alts in bear season.

Exit #BTC at 35k.

It is expected we can see lower dip at weekend.