CryptoHydro
@t_CryptoHydro
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CryptoHydro
🚨 BTC Weekly Analysis: Cup and Handle Pattern Alert 🚨I've been closely watching Bitcoin's weekly chart, and we're seeing a textbook Cup and Handle pattern forming. This setup is usually a strong bullish continuation signal, and I'm ready to jump in if we break out above the handle.🔹 Entry Point: Around 66k-67k upon a confirmed breakout. 🔹 Target: Aiming for 130k. 🔹 Leverage: Suggested max 10x leverage. Starting with 30% of the position size, keeping 70% for DCA. 🔹 Stop Loss: Placing it below the handle with a weekly close as confirmation.This could be a major move, so proper risk management is key! Let’s see how the market unfolds. 💹📈
CryptoHydro
I've identified an ascending triangle on the gold chart and have taken a short position from the top of the range. My entry is at 2,443.506 with a stop loss placed just above the triangle at 2,446.460.Ascending triangles typically signal a bullish breakout, but I've positioned for a potential pullback or false breakout. My stop loss is set conservatively above the triangle to protect against any upside breakout. I'm aiming for a favorable risk/reward ratio by shorting at resistance, with plans to take profits at the 15-minute EMA level, which is currently at 2,436.7.I'll update as the trade progresses.
CryptoHydro
I've identified an ascending triangle on the gold chart and have taken a short position from the top of the range. My entry is at 2,443.506 with a stop loss placed just above the triangle at 2,446.460.Ascending triangles typically signal a bullish breakout, but I've positioned for a potential pullback or false breakout. My stop loss is set conservatively above the triangle to protect against any upside breakout. I'm aiming for a favorable risk/reward ratio by shorting at resistance, with plans to take profits at the 15-minute EMA level, which is currently at 2,436.7.I'll update as the trade progresses.
CryptoHydro
im shorting btc to the 58,500 level, once we break the falling wedge im going to add the rest of my margin to the trade and let it ride down to the 58,800 / 58,500 level
CryptoHydro
bearish price on crypto overall, btc going to 58500 for a s/r flip on the 4hr there i a m pattern, waiting for the confirmation, once we close below il open a 15x trade
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