Drecrypto96

Drecrypto96

Following on from the prior Short trade we are still in (from $24'140), the CPI number is about 12hours away. SO what now? Uncertainty favours bears obviously, MM will be coming for the built up Long SL/liquidity. Next likely stopping point is the $21800-$22100 area, it is wise t take 20% profit on the shorts here as this will be about the time when CPI comes...

Drecrypto96 Updated 

Short entry 24050-24444 Immediate TP 20k-20.8k line. (20%) Ultimate target area is 17k if not lower to 10/12K. Recommend to hold as i am seeing cause for major drops to come, especially with inflation on Wednesday. Trade smart and keep to the plan. Goodluck!

Drecrypto96 Updated 

BTC is in the process of a mini bear cycle rally to squeeze late shorts, don't be fooled to think its a return-to-normal. 28k is the likely area of interest to wipe the shorts out, 30k will more than likely remain untouched - too much liquidity will be needed to break past again whilst in a bear market. Long entry $22'700-23k TP 1 -> 26k TP 2 -> 28k TP 3 ->...

Drecrypto96 Updated 

Luna short squeeze playing out. Downward trend has been broken and technicals also remaining bullish. Entry -> 2.1-2.2 TP 1 -> 4.2 TP 2 -> 5.2 TP 3 -> 6.3 IMPORTANTLY - BTC showing strength and putting 28k in play also supports the MM looking to take liquidity from the late shorts.

Drecrypto96 Updated 

BNB is likely to continue its climbing price action, one of the strongest alt-coins. WHY - well CZ is the main bag holder, we don't see similar downward action like other alt-coins solely because CZ does not profit from lowering BNB's asset value. So in upward movements, it holds trends extremely well. Entry $275-285 TP 1- $316 TP2 - $336 TP3 - $354 SL - $268...