Bromadic

#BTC swing play

Bromadic Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Alright so had this plan marked 72k top then 75 & finally 82k, we overshoot it by a bit but i still have same plan in mind, & yeah i am not looking for 100k or 200k for cycle top i am just looking at 85-90k range (will post about this some other day)


for now.. we are just having a reset, we have been up only since last 5-6 months, we all are just waiting for halving right? didn't it felt like it was priced in? if you had looked around we had toppish vibes all over, how memes were performing & the final blow was solana meme's doing billion $ worth of volume in single day, getting listed on A grade exchange like binance in just day!!

this is why i have been patiently waiting & have shared loads of HTF charts, We are not done yet sire, if you cant handle 30-40% #BTC correction in bull market well you dont deserve 500% alts rally

Now what?

there are few charts i will show you but for me confluences matters, there are some that trades with smart money concept, some that uses ema & such indicators, & some who are just looking at fundamentals. so more confluence you have at your interested zones the better.

chart that i shared on 15th -
for me a good buying zone is around 55-50k on Higher time frame, thats about 30% drop in price of #BTC from the local top.

what about confluences?

1.
2.
3.
so plan for me is simple, start DCA on bitcoin around 57k to 50k, its a bit wide range but considering i am happy to get an average of 54-55k overall
also plans to add more exposure to my good alt bags such as FET, ftm, apt that have had great accumulation & breakout, will keep sharing those charts (most are already shared in my timeline) 🫡🫡





Comment:
LTF chart update, PA looks interesting followed the lined yet watching for invalidations

start closing above pivot & will change my bias

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.