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Crypto Signals
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The main goal of this channel is to share an unbiased opinion on the crypto market from a technical and fundamental point of view.

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If you see an altcoin looking like this, stay away from it.

In this example this is EOS but no matter the altcoin, with this technical structure, it will be very hard to go up.

A bearish retest of broken support that’s turned into resistance and next target is new lows…
Will we see Bitcoin below $10 000?
anonymous poll

Yes! – 218
👍👍👍👍👍👍👍 58%

No! – 126
👍👍👍👍 34%

I have no idea... – 29
👍 8%

👥 373 people voted so far.
Bitcoin entered the lower range between $10500 and $9600.

If we get daily close below $10500, we will be looking for short trade targeting today’s low and potentially all the way down to $9600.
Is this end of the bull market?

Look at this range.

As long as Bitcoin is in this range, it’s in the accumulation zone for the big move.

We already had to the downside that got bought up which is a pretty bullish thing for all the bulls in the market.

But on the other side, this range can continue for the next 3-6-9 months and patience is well-needed.
Down to daily TF, below $10500 it targets $9600. If we strength above $10500, we can easily think of new longs but I would give some time for the market to build the next structure because it’s pretty hard to call anything after $1500 move down.

The next target I see is $9600 (previous support and CME gap as well).

After that, we’ll see what the market offers us.
Don’t try to buy the bottom on Bitcoin it has a lot of room for down move so trying to catch a knife can end up pretty bad especially if you decide to use leverage 📉
I see many people heavily forcing setups on the upper blue area.

It may work but the move down we saw 2 days ago is still one big move down and we can easily see the second wave.

I’m still waiting for the swing setup but be aware of the possibility that the upper blue area gets broken and we see deeper correction into this wick area just below $9000.

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I see many people suggesting to buy TRX on the pullback fo the big move.

Be cautious about these suggestions because, at this moment, this looks pretty bad, almost as the perfect example of the exit pump.

If weekly close happens to be below 300 sats, this will be one of the worst looking altcoins. A very bearish retest of the previous range and in this case the target will be new lows in the months to come…

Be cautious…

Buying can be an option if we close back in the range but even in that case, it will still be one of the riskier coins to buy.
Looking at the current market situation, for the week ahead we expect to see Bitcoin testing firstly this week low and as the next target $9600.

In general, nothing scary for Bitcoin but it’s currently in correction time and signs are showing us that it will probably continue in the upcoming week.

The short setups we’ll be looking to take will be share in our Premium channel.
A close below support, targets for the week ahead:

1) $9900
2) $9500
$9900 has been reached
While Bitcoin is currently going through correction phase, it’s hash rate is reaching new all time high.
One more consequent trade in profit in our Premium Channel 🔥🚀
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Setup up on BTC
When you get almost perfect entry, it’s easy to manage trade.