Bottom G
@TraderBottomG
Follow me for terrible calls and even worse tweets.
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$BTC - Squiggles playing out perfectly so far. We got the relief bounce that gets people to FOMO buy and now the pull back which gets them to panic sell before forming the actual bottom that even the bulls won't want to buy.
just a quick update on our last $BTC plan Seeing we are still in a uptrend and not broken out yet from the downtrend, I will be looking for a push up to 93.6k area then down to 88.8k zone which would my my long scalp zone but mainly for a swing long I will be waiting for 83k…
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$ETH failed to hold the level I was watching for longs. Took the SL, up to the next. I am aiming the 3505.87 area for new longs if we don't manage to close back inside the range at 4078.45 on a Daily basis. If we do manage to hold the range we can zoom in and play range lows
Algo chose to retrace the spoofing walls from 4650. In the exactly same moment they initiated double the orders of buy at 4430. Lots of confluences here for $ETH: .786 fib, bullish mss, lbb 4h, trendline from the lows and key horizontal support..
Patience still needed in these market conditions and for $BTC in my opinion. Everyone wants everything to go up right away but it just normally doesn't work that way. Still locating good areas for dip buys and DCA levels. Follow along ⬇️ youtube.com/@CastilloTradi…
$BTC doing that thing where it slow bleeds and repeatedly front runs the low (typically only to crash through it later). 109k -> 115k -> 104k -> 120k if I had to guess. Expecting a move today, but if nothing comes to fruition then I'll continue to stay flat and let it chop.
VIP Livestream Recap is now up over on YouTube. Stream is from yesterday w/ VIP Members, we go over $BTC $ETH $LINK $TOTAL + more. We talk current setups & areas I am willing to long/short next along w/ current trades. Can altcoins keep momentum going? youtu.be/iiCybuZyrXM
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My base case is currently: - 88-93k in April - 79-82k in May (equities bottom) - 120+ in June
Crypto likely finds a bottom this month, equities next month. UpOnly path dependent.
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#Bitcoin Currently in bear trend on daily time frame lagging behind many altcoins that are way past this early stage. Major support is still lower.. If I had to try and predict what I think is most likely scenario to play out would look something like this.
$BTC Expecting a short squeeze soon as short positions are piling up. Look at the yellow bar above current price action. It should take us back up to $96,000. We just tapped the heat below.
Rule of 3. Wait at least 3 days after to see where the dust settles. If the dip full retraces without you buying then you didn't lose anything and can just wait for the next opportunity which there will always be new opportunities.
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