Hook price went back to previous accumulation zone.
Halving dump is just a shakeout, price is showing a clear uptrend.
Price is now in accumulation zone (around 0.97$). I expect HOOK price will go up to 2.2$ zone to retest supply.
Price comeback to retest previous accumulation zone.
BTC price is currently bullish in doubt, we have a very important area that needs to be held (20k$). Losing 20k$ area is sign of bearish . Now, I stay out of the market.
Litecoin is now at demand zone with bullish pattern. Expect another leg up before 2023
The fact that inflation started to decrease showed the first positive signals about the market. In parallel, Bitcoin is also in an accumulation pattern. We need to observe the liquidity zone around 14k3-15k5, which could be a potential shakeout zone.
We can see a short term bullish trend on Bitcoin right now. But we can expect correction before next move. I have shorted at 17140 with SL at 17266. Take profit should be set at EQ level around 16k8.
As you can see clean bearish price action of Bitcoin. But do not enter short too early, we need to wait for confirmation with strong rejection at previous range high and target to range low
I think ETH is still bullish in short term and bearish for long term. Reclaim 1485 is sign of bullish. Bullish target: 1757 - 1900
ETH merge event is big buy side liquidity for bears.
I have mentioned this pullback after a shakeout on previous analysis, you can read it below. The reasons why this wave is just a pullback and downtrend will be continue: 1. Short squeeze 2. Macro is bad 3. Whales need to redistribution their positions Not a financial advise but you should be careful if you want to buy at this moment
Price is now above ton of sell side liquidity. I expect that price should go below the horizontal line to takeout all the liquidity and reversal.
Price hit daily supply zone, buy side liquidity grabbed. Entry at m1 supply and target to sell side liquidity
Bearish divergences are shown on chart. this is just a bull trap
After consolidation, the price seems to have chosen a direction for it. However, what we feel uncertain is whether the structure is accumulation or redistribution. This is only confirmed when the price breakout or reject at UTAD. I am prefer accumulation because of high volume on most recent swing low. It seems to be a SPRING.
Please read my previous analysis on VETUSDT. After reach demand zone, price makes a good reaction and I expect that it will continue going up for short-term
BATUSDT is now in early phase of accumulation schematic. We can place some limit buy order now with a part of our fund and buy more if price drops lowers.