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Im living my life right now, as free as the fucking wind, and you can too, you just need ACTIONS and BELIEFS
New to trading? Need a proper guidance? Don’t hesitate to reach out @PatrickTechnicalAnalysis
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Everything i give is always FREE, if not, beware of scammers 😉
$BTC take profit level has been successfully reached.
The move played out exactly as anticipated, confirming the analysis.
While the market reacted to the BTC breakout, a strategic long position was opened on ETH.
This additional trade yielded a profit of $5,000, further maximizing the opportunity.
Proper timing and disciplined execution made the difference. 😁, Thanks me later fams
The move played out exactly as anticipated, confirming the analysis.
While the market reacted to the BTC breakout, a strategic long position was opened on ETH.
This additional trade yielded a profit of $5,000, further maximizing the opportunity.
Proper timing and disciplined execution made the difference. 😁, Thanks me later fams
During the Asia session, $BTC continues to show bearish momentum following the earlier rejection from the 122.5k resistance zone — a clear supply area marked on your chart. Price made a minor retracement back into the highlighted gray zone, aligning with the EMA confluence (20/50), before showing signs of rejection again. This confirms that sellers are still defending the region strongly.
The short entry zone was placed strategically within this supply area, aiming to capture continuation towards lower liquidity levels. With RSI hovering around the mid-40s, momentum remains weak, suggesting potential continuation to the downside. The current target sits near 120,990, where previous demand and volume spikes occurred.
Overall, the Asia session bias remains bearish as long as BTC trades below the 122.1–122.5k supply block, with sellers maintaining control and price structure consistently forming lower highs and lower lows.
The short entry zone was placed strategically within this supply area, aiming to capture continuation towards lower liquidity levels. With RSI hovering around the mid-40s, momentum remains weak, suggesting potential continuation to the downside. The current target sits near 120,990, where previous demand and volume spikes occurred.
Overall, the Asia session bias remains bearish as long as BTC trades below the 122.1–122.5k supply block, with sellers maintaining control and price structure consistently forming lower highs and lower lows.
Patrick Technical Analysis
$BTC UPDATE: Bullish engulfing in H1 Timeframe, reaching for the imbalance (122887) to fill, We can get some long position now 😁
$BTC UPDATE
Price has recently rebounded strongly from the local support zone near 121,500 USDT, showing signs of short-term accumulation. After a sharp sell-off, the market formed a base and pushed back toward the 122,800–123,200 USDT resistance area, which aligns with the previous supply zone and moving average confluence.
If the price manages to reject mildly and retest support around 122,300–122,500 USDT, it could establish a higher low structure. A successful breakout above the grey supply zone would confirm bullish momentum continuation, potentially opening the way for a move toward 124,800–125,400 USDT, which is the next major resistance cluster.
Volume shows a noticeable increase on the recent upward leg, suggesting growing buyer interest after the correction. As long as 121,500 USDT support remains intact, the bias favors a continuation to the upside. 👀
i shared the plan yesterday and made profits, so should you👀
Price has recently rebounded strongly from the local support zone near 121,500 USDT, showing signs of short-term accumulation. After a sharp sell-off, the market formed a base and pushed back toward the 122,800–123,200 USDT resistance area, which aligns with the previous supply zone and moving average confluence.
If the price manages to reject mildly and retest support around 122,300–122,500 USDT, it could establish a higher low structure. A successful breakout above the grey supply zone would confirm bullish momentum continuation, potentially opening the way for a move toward 124,800–125,400 USDT, which is the next major resistance cluster.
Volume shows a noticeable increase on the recent upward leg, suggesting growing buyer interest after the correction. As long as 121,500 USDT support remains intact, the bias favors a continuation to the upside. 👀
i shared the plan yesterday and made profits, so should you👀
#ETF
Bitcoin spot ETFs recorded a strong $440.7M net inflow on Oct 8, mainly from IBIT (+$426.2M) and BITB (+$13.4M), signaling renewed institutional demand. Total ETF holdings now exceed 641K BTC ($163B AUM), confirming steady accumulation after recent outflows. Overall, inflows suggest bullish sentiment and continued institutional confidence supporting BTC’s mid-term outlook.
#LIQ
Market sentiment data shows that most major cryptocurrencies are trading closer to short-side max pain levels, suggesting stronger pressure on short positions. BTC sits around $121.9K, with shorts at $124.6K and longs at $121.4K — implying a near-term squeeze potential if price holds current support. ETH and BNB show similar setups with short distances tighter than long ones, indicating short-covering momentum. Altcoins like SOL, ADA, and AVAX also lean bullish intraday, reflecting possible short liquidation pushes. Overall, the chart signals a short-term upside bias across majors as markets aim to test higher liquidity zones.
Bitcoin spot ETFs recorded a strong $440.7M net inflow on Oct 8, mainly from IBIT (+$426.2M) and BITB (+$13.4M), signaling renewed institutional demand. Total ETF holdings now exceed 641K BTC ($163B AUM), confirming steady accumulation after recent outflows. Overall, inflows suggest bullish sentiment and continued institutional confidence supporting BTC’s mid-term outlook.
#LIQ
Market sentiment data shows that most major cryptocurrencies are trading closer to short-side max pain levels, suggesting stronger pressure on short positions. BTC sits around $121.9K, with shorts at $124.6K and longs at $121.4K — implying a near-term squeeze potential if price holds current support. ETH and BNB show similar setups with short distances tighter than long ones, indicating short-covering momentum. Altcoins like SOL, ADA, and AVAX also lean bullish intraday, reflecting possible short liquidation pushes. Overall, the chart signals a short-term upside bias across majors as markets aim to test higher liquidity zones.
$BTC & $BNB
We made some profits with short this afternoon 👀
Don't be afraid to send me a message if you are new to the crypto market
@PatrickTechnicalAnalysis, no fees, no commissions guarantee ❤️
We made some profits with short this afternoon 👀
Don't be afraid to send me a message if you are new to the crypto market
@PatrickTechnicalAnalysis, no fees, no commissions guarantee ❤️