$BTC / $USDT - TA OTD 📊
BITCOIN is once again in trouble, with recent market structure clearly forming lower lows and lower highs in a straightforward bearish fashion.
But some of the greatest opportunities of the cycle could be just around the corner, so follow me to stay ready!
BTCActivation price $63,666.51Direction ShortType DirectionalTimeframe Short
Max Favorable +0.3%Max Adverse −2.8%Opportunity 0.35Time 0.00Magnitude 0.35Score 0.12
Since that harsh deviation at $65.5K, $BTC is not looking great to be honest.
The local structure is bearish now, so I would not be surprised to see another lower low being printed soon. https://t.co/Qj9dclIMYw
BTCActivation price $63,918.67Direction ShortType DirectionalTimeframe Short
Max Favorable +2.6%Max Adverse −1.7%Opportunity 0.78Time 0.56Magnitude 0.78Score 0.54
Time to make it or break it for $BTC!!!
This $65K level has been a tough resistance for more than 2 months, and now bulls have the chance to transform the very same level into support.
Will they finally manage? 🤔 https://t.co/rPNg8upHkt
BTCActivation price $64,695.52Direction LongType ConditionalTrigger Hold Above 65000Timeframe Short
Max Favorable +1.6%Max Adverse −3.7%Opportunity 0.80Time 0.21Magnitude 0.80Score 0.37
$HYPE started to cool down and failed to print a fresh higher high since a while.
Now the price is losing the high time frame trend portrayal, so it could be due for a deeper correction.
Better play this safe, especially on the mid time frame. https://t.co/SndR6Q2PwE
HYPEActivation price $60.37Direction ShortType DirectionalTimeframe Short
Max Favorable +12.4%Max Adverse −5.1%Opportunity 0.63Time 0.77Magnitude 0.63Score 0.70
$JTO has been performing really strongly lately, but it seems it's time for some cooling off.
The 4H EMA200 has been acting as support on the way up, and now it's starting to act as resistance, so don't be surprised if we start a retracement here. https://t.co/8oOSwR1QRT
JTOActivation price $0.6Direction ShortType DirectionalTimeframe Short
Max Favorable +10.0%Max Adverse −8.8%Opportunity 0.62Time 0.51Magnitude 0.62Score 0.60