FX_Professor

๐Ÿค” Maybe, Just Maybe: Time for ALTs to Rise? ๐Ÿš€๐Ÿ“ˆ"

ืœื•ื ื’
FX_Professor ืžืขื•ื“ื›ืŸ   
BITFINEX:BTCUSD   ื‘ื™ื˜ืงื•ื™ืŸ
In this video, I provide an analysis of the current Bitcoin ๐Ÿช™ market and discuss potential trading opportunities ๐Ÿ“ˆ. I highlight key support and resistance levels ๐Ÿ“Š, as well as the possibility of a rebound โฌ†๏ธ or a further decline โฌ‡๏ธ. I also share my thoughts on altcoins ๐ŸŒˆ and their potential for growth ๐ŸŒฑ. Watch this video to stay informed about the latest developments in the cryptocurrency market and make informed trading decisions ๐Ÿค”.

BTC at resistance ๐Ÿšซ (see the support levels you must know ๐Ÿ“)
Dominance at Resistance ๐Ÿšซ
Total at Support โœ…
= MAYBE ALTS PUMP NEXT!!! ๐Ÿš€

WATCH THE VIDEO ๐ŸŽฅ:

Transcript straight from AI ๐Ÿค–

L0:04 Okay, so time to take a look at Bitcoin ๐Ÿช™ and target reach 26,800 but unfortunately rejections ๐Ÿ˜•. It's been a lovely trade with our entry ๐Ÿ“ˆ.
0:17 Right here at 25,106 multiple entries and we remain long on Bitcoin ๐Ÿ“ˆ. In the meantime, Beautiful day, Axial Infinity ๐ŸŒˆ, not an asset I usually tend to buy ๐Ÿคท.
0:33 I don't like it to be honest, but a very nice rejection over here and we had the chance to go for a short position and taking profit exactly as expected right there ๐Ÿ’ฐ.
0:46 Position is still open, but profit has been taken ๐Ÿค‘. So we'll see if the market slides, if it fails and we're going to take a look at the Bitcoin levels we need to know ๐Ÿ“Š, then we're going to need to have short positions on ๐Ÿ“‰.
1:03 Now, let's take a look at this. At OP, which was, ah, one of the last ideas we posted buying this dip with optimism right there ๐ŸŒˆ.
1:14 So taking a look at that has been very, very nice with a nice, ah, profit ๐Ÿค‘. And the target remains 1.5% ๐ŸŽฏ.
1:21 So we're not that far. We're about halfway through. We're keeping this position ๐Ÿคž. And just to remind you on the main chart for OP, okay, we bought this level here ๐Ÿ›’.
1:39 The channel and the targets could eventually go over 1.52 could go 1.83 or even 2.3 ๐Ÿ“ˆ. So very promising trade. And of course, we didn't have to go lower and look for some support ๐Ÿ›ก๏ธ.
1:54 So this trade is going really, really well ๐Ÿ‘. All eyes will be on Bitcoin ๐Ÿง. So yes, where would we buy again?
2:03 First of all, let me get rid. Let's go to the four-hour chart. So it makes more sense ๐Ÿ•“. So this is where we stand here ๐Ÿ“.
2:14 Massive resistance going support ๐Ÿšง. And this level has held now once, twice, that's three times ๐Ÿ”„. Okay. So if you have been following us ๐Ÿ“ฃ.
2:24 That's one. That's two. And the third and decisive one can be the big one ๐ŸŽฒ. But of course, we need to stay focused because we have this 26,800 resistance and right about it.
2:39 Right above it is the 26,800 resistance. 27,000 resistance, which is a very strong psychological number ๐Ÿง . Okay. Right about here. On the way to, eventually, I believe we'll go and I believe it is happening at 28,900 ๐Ÿ“ˆ.
2:57 94 the time being looking at the 15 minute chart. This is what we have. This is the structure that we have ๐Ÿ“Š.
3:04 So we are in the channel and support lies over here. Let me tell you exactly. Well, it's an ascending level as you understand ๐Ÿ“ˆ.
3:15 So around this level here at 26,390 there is the first big support for Bitcoin ๐Ÿ›ก๏ธ. So we have alerts and we will know ๐Ÿšจ.
3:28 How to attain this. When the price goes there, it will be a possible support and a possible rebound โฌ†๏ธ. That's the first level, which is it's a very valid and strong support ๐Ÿ›ก๏ธ, but the strongest one ๐Ÿ‹๏ธ.
3:45 Is this conjunction here between 26,000, which again, it's a very strong psychological level ๐Ÿง , and 25,900. So will the price rebound from there and then test this level again, or ๐Ÿค”.
4:01 Will it fail? And will it need to come down here? Okay. To test this channel ๐Ÿ“‰. Needless to say that if this channel is broken, then we're going much lower โฌ‡๏ธ.
4:12 But I don't think that is the case ๐Ÿค”. I don't think that is the case. And we are. Yes. In an overbought area now on the 15 minute chart with a possible possible break for Bitcoin ๐Ÿ“ˆ.
4:26 But that doesn't mean that we cannot go higher and break these levels. Today, tonight, tomorrow ๐ŸŒ™. So we do have the support at 26,600 and the price could attempt to break outside the channel, which would be the bullish scenario ๐Ÿ‚.
4:47 So we need to be prepared for all scenarios ๐Ÿค”. I don't think this is the greatest time to open new positions ๐Ÿšซ.
4:55 So we do have some positions. We do. We did take some profit today and we will wait to see if this level will be broken or if we will need to go lower โณ.
5:05 This is pretty much what's happening on with alts and the market is full of opportunities like the opportunity to we have today with Axie Infinity, which by the way, we took it ๐ŸŒˆ.
5:17 I posted today for everyone on training view about sandbox, which I believe could turn bullish going forward ๐Ÿ“ˆ. But how about we take a look at a couple more charts and I think the most important child would be the total three, which is on support and ๐Ÿ“Š.
5:36 And I see that there is a possibility of keeping this level, which is a massive level by the way ๐Ÿ“ˆ. Okay.
5:45 So the best scenario didn't happen to go all the way down there for the time being. We have support ๐Ÿ›ก๏ธ. So a new loan ๐Ÿ’ต.
5:53 As long as we are over 319.4 billion dollars. That's total three. It excludes Bitcoin and Ethereum ๐Ÿ“Š. Okay. So alts are looking good right now ๐ŸŒˆ.
6:08 How about we take a look at Bitcoin dominance next, which is at 50 and that is resistance ๐Ÿšซ. Okay. It is resistance and that's the resistance we had calculated using the Fibonacci ๐Ÿ“Š.
6:23 So we do have resistance. This stands for Bitcoin dominance, and we do have total three being over support ๐Ÿ›ก๏ธ. So, hey, maybe just maybe we could prepare for a boost in the price ๐Ÿš€.
6:42 Yes, my favorites, you know them STX, OPP, SNX. Those are my top favorite at this time ๐ŸŒŸ. I'm going to make end sandbox ๐Ÿ–๏ธ.
6:54 It's a, I believe sandbox it's added. Level that it has huge potential to rise exponentially ๐Ÿ“ˆ. It's had its problems and its troubles, but I believe it can do a lot better and STX which has escaped ๐Ÿš€.
7:13 From the wedge and this resistance there. So that's trade. I'd like to go long on STX because the stop loss is would be close and the potential is for it to go higher ๐Ÿ“ˆ.
7:26 So I think I'm going to post about this on a trade. That will be the post coming up next ๐Ÿ“. Okay.
7:34 So that's it from me now. We took a look at the Bitcoin, the major asset, 26,666. Too many success. For my liking, I don't like it ๐Ÿ˜•.
7:48 So we'll be aware. We do have some mild support, but the main support is at $26,391 ๐Ÿ›ก๏ธ.

Take care ๐Ÿ™,

Yours. The FX Professor๐ŸŒŸ





ื”ืขืจื”:
๐Ÿ’ธ๐Ÿ†’BTC attempting the Epic breakout! if we break over 27k we get a proper Bull Run!
ื”ืขืจื”:
ื”ืขืจื”:
hello October

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