Nova_Sniper

Nova_Sniper

Traders, Today, I update the #BTC situation and make sure to follow the market as “Trade the chart, trend is friend”, let’s go. In weekly chart, we got #Btc recovery 16k-32k since beginning 2023 with a sideway range within 25k-32k region. #Btc had a dump from 29k to 25k and currently at nearly the lower end of the sideway range of 25k region. In daily chart,...

Nova_Sniper

Hi, BTC just got a pull back after a quite nice reversal since the beginning of the year, basically a fresh retracement above 44k, at 0.618 Fib, is expected for the higher next leg to the 5xk zone since BTC got a retest at 48k as the confirmation for trend reversal. So, trading strategy here after some TPs: a buy or waiting to buy after the pull back shall be...

Nova_Sniper

Hi there, BTC had a pretty nice momentum from my last chart with a hard shake out, consolidates and bounce back within 40xk range. BTC just got a correction from 44k to 42k zone, this is as a healthy correction from some TP and retail panic sell, BTC still keeps the trend reversal as above 0,5 Fib (since now testing at 0,6 Fib) in my chart at 8 HTF and a positive...

Nova_Sniper

Hi there, BTC cant hold the average price of 46x zone VWAP, a shake out of high leverage & Fed fud got a bit liquidation and really broken RSI. The current BTC price is back to the same level at the same time last year Jan 2021, just before the bullrun. BTC is expected to have slowly consolidates and may have last shake out of retailer and leverage hunter at 41x...

Nova_Sniper

Hi there, BTC shall continue to have some consolidates, test and retest within the range 45-50k zone since the lower stock RSI and volumes in the beginning of the new year. BTC is expected to have bounce back to 50x zone (and may not strongly) after a back test near the 45x zone as broken stock RSI and volume to slowly come in, this is within the range as volume...

Nova_Sniper

Hi there, BTC update today shows a broken rising trendline to 46x zone, this makes BTC to restart its momentum slowly to catch up EMA20 and its expected some consolidations before heading to the 50x zone as the rising structure when (i) stock Rsi broken and (ii) volume slowly comes in. Iam not except a small healthy correction during such slowly movement...

Nova_Sniper

Hi there, BTC today had a sharply decline and unexpectedly from 49k to 47k zone, BTC is previously: (i) Stock RSI in overbought, (ii) Low volume, so the key reasons for such market condition got no Fuds & special events usually as: - Some TP from previous investors/institutions/ETF close out; - Panic sell after a sharply decline altogether with above TP; -->...

Nova_Sniper

Hi there, BTC had a very nice increase to test but got rejected from the major resistance of 52k, a reversal for the backtest of the support zone 49k is scheduled in my previous chart and in line with my Fib 0,618 in my chart, this also comes together with long/short hunting to the 48k zone as well. Such backtest brings a healthy correction for a bullish...

Nova_Sniper

Hi, nice season, BTC had a small correction after a significant rebound, this could be known from some TP and panic sale accordingly. Such healthy correction usually brings BTC to a higher level into the 50x zone as Fib shows the next target is 53,5k-56K if there is no fuds or special event. However, we also got an overbought zone in stock RSI, this may be made us...

Nova_Sniper

My chart for BTC is still in tact perfectly since days before, BTC now heading to test the 50x zone, If BTC can break above 50,5k zone we may have a faster bullrun then. However, a small correction in such 50,5x zone may be expected, we probably also need some walls as a fresh correction before heading up further as well.

Nova_Sniper

Yesterday, BTC had a small correction as my previous chart, an quite long accumulation for BTC recent days had swept much more altcoins backed to June crash, so a break to 53k zone to keep the current up momentum is expected and likely to happen.

Nova_Sniper

BTC still in its bullish structure in a way that a local correction is always happening on its way up. Being in the local sideway range which is previously expected at 47-48k but we got a slightly touch roughly to 46,6k. The accumulation days are expected as well since small volume slowly coming in and BTC may break the lower major zone below 47k and come back...

Nova_Sniper

Sol had a good recovery after a short backtest to the key level around 134$ below Vwap at 145$, the volume is increasing and Rsi still show a good buy in for the next target of 179$ Fibonacci and further potetials to the new ATH. Sol got a great sales off since the money flow is now sniping in Avax ecosystem, once they are backed, we actually get a big running in the way.

Nova_Sniper

As my previous chart, BTC had done the golden cross, a very nice momentum to be bullish as the range of Fibonacci. However, the bull run will need time to break resistance. VWAP and Fibonacci show the next resistance at 48k and current support is 43,4k, this is the range in which BTC may have some up/down and accumulate to be ready to break the resistance. In the...

Nova_Sniper

We just got a small pullback in the Fibonacci sideway range, a positive signal for BTC is that the cross of MA50 and MA200 to be a golden cross if BTC holds from 46k and higher in the next coming days, that is a bullish signal.

Nova_Sniper

As previous close candle is an inverted hammer in a short down wave, it is expected to have a sideway before reaching a bull reversal for BTC, the last chart published as "small pullback, sw and recovery" is also intact as well.

Nova_Sniper

Luna did well today and reaching to 44$ very soon, just follows Fibonacci.

Nova_Sniper

I could bet BTC to have small pullback, sideway and then recover to the next leg for ATH. It looks like a bear trap since the sell volume is not so much.