
Captl_G
@t_Captl_G
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Captl_G

We continue to see the liquidity grow at the $180 price range but leveraged long traders are pouring into this chart. My idea for SOL for the next few days is going to be a continuation to ~$150’s and an extremely manipulative move to the upside. Invalidation is a break/retest/continue of the down trend on the daily

Captl_G

would love nothing but this idea to play out for #BTC ! INVERSE H&S pattern; trapping TONS of leveraged positions since Fridays market close. With this move panning out they have wrecked a lot of positions with the <6% swings (if on 20x leverage you are super liquidated without additional margin or adding to position depending on the area entered) Starting to think of building a long position around here. With price targets at liquidation points for leveraged shorts that are beginning to get greedy. (75k area)

Captl_G

It seems like we MAY have have seen a market shift “signal” in #BTC with the W formation with a HL AND ON TO ITS SECOND “wave” If we break this zone to the topside I will look for longs. If we break to the downside it’s possible we’re seeing the second wave down in our identified bearish trend (short term) and validates our current short positions. The 50 EMA is going to be a good point of interest for me to decide to close my shorts and protect profits. Only Until we see some more confluence for a probable trade, I don’t like to “gamble” Always protect your profits fam I’m currently still in short positions

Captl_G

I feel Asia session will retrace the previous session lows, and London will continue this downtrend Ultimately targeting the lower liquidity of the 50k range where we have a decent sized order block
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