Alts showing Strength ATM which means its BTC Correction season.

@cryptosignals

Chinese property giant Evergrande files for bankruptcy.

@cryptosignals

LFG

https://www.tradingview.com/x/2KgG8aio/

#BTC

Last Time we saw this kind of Puke in Dec 2021 when Market Dumped hard without any Fud. If same fractal works the BTC may fill the Cme Gap left around 20k and balance the 2023 Imbalance in next 51 days.

@cryptosignals

https://www.tradingview.com/x/XM7YD35Q/

#BTC

Well Yesterday's aggressive Bearish Acceleration has confirmed the break in 2023 Uptrend as it has Balanced the Imbalance. Weekly order block and took the sell Side Liquidity around June low in one day with massive volume but Price is still struggling to push up that means bears are in full control at the moment. Any bounce should be a Buy Side stop hunts in Lower time frame. Major long term AVWAPS which were providing Support are now Resistance. It has Also lost LT daily MAs 100 and 200 as Support too.

overall its looking very bearish But the Only hope is weekly Higher low 25k and YTD AVWAP is still holding up. Losing 25k will be the last nail in the coffin.

BTC Support levels - 25.5k -24.2k - 23.6k

BTC Resistance levels - 28220 - 28800 - 29300

@cryptosignals

@cryptosignals

https://www.tradingview.com/x/27b7DXpW/

#USDT.D Update

I shared with u Guys the Unpopular Opinion. I hope U guys didn't get trapped by following the Popular opinions.

@cryptosignals

https://www.tradingview.com/x/2PoPNuxB/

Reason why Alts are Strong atm. But BTC.d is very close to Bounce Zone which means Alts may follow the BTC soon

@cryptosignals

https://in.tradingview.com/x/fFzqOOmq

Lets see where #BTC makes a breakout

@cryptosignals

https://in.tradingview.com/x/D7myn0od

#BTC testing the intraDay support

Keep an 👁️

@cryptosignals

https://www.tradingview.com/x/WNiuJdnd/

#BTC

Many are expecting 25K to be a generational Bottom as it bounced from this level on June and Many Are expecting a Move like March (SVB FUD) But i beg to differ.

There are Many reasons to be consider but i ll explain those which are easy to Understand.

1 - Trendline of 2023 Uptrend broken

2 - Prices Closes Below Daily MA 200 for the First time in 2023 after it flipped as support which provided Support in March and in June price was still above Rising MA200 which is not the case Now.

3 - Unmitigated FVG lying at Optimal Trade Entry Level 22.4k - 21.1k which will be Filled Sooner or Later.

4 - Still No Panic as aggressive Long Exposure is way too high which means Long Squeeze is on the Cards.

Next course of Action - Bounce from here and test 27.2k - 27.5k Resistance make everyone Bullish and then Dump towards 23.9 - 18k

@cryptosignals

Premium Setup

PROM/USDT

Entry 1 - 3.80$ CMP (50%)

Entry 2 - 3.62$ (50%)

Targets - 3.98 - 4.25 - 4.60 - 5.25 - 6.75$ (20% each)

Stoploss - Hard Stop 3.40$

@CryptoSignals

https://www.tradingview.com/x/yDUBs6Eh/

#BTC Spot Setup

Entry 1 - 24250 (20%)

Entry 2 - 23880 (20%)

Entry 2 - 22400 (30%)

Entry 4 - 21050 (30%)

Targets - 25.8k - 27.3k - 28.8k - 30.4k - 32k$ (20% each)

Stoploss - No SL

This Trade Setup is meant for long term Hold.

@cryptosignals