Entry: 2.85 – 3.05 (near rejection after strong expansion) SL: 3.28 (above recent high sweep)
TP1: 2.63 TP2: 2.30 TP3: 1.98
Structure: parabolic move + first rejection candle at highs → high probability for pullback/mean reversion. Prefer short on weak bounce into resistance, avoid chasing if already extended down.
Structure: impulsive pump followed by sideways consolidation under resistance. Short bias valid if price keeps making lower highs below 1.43. Avoid if strong breakout with acceptance above recent high.
Entry: 0.0195 – 0.0202 (pullback support / small consolidation zone) SL: 0.0188
TP1: 0.0214 (recent high liquidity) TP2: 0.0228 TP3: 0.0245
Structure: strong impulsive move followed by shallow pullback → bullish continuation bias if higher low holds. Avoid chasing if price breaks above high without retest.
Then, Bitcoin pumped back above $69,000 today liquidating $140M shorts.
Now, below at $63,000 - $65,000 we have large liquidity left behind which could be swept.
Meanwhile, $69,000 - $71,000 has sizable liquidity clusters we are attacking right now. If wiped out, this would open the door to higher liquidity levels being targeted next.
CPI is at 8 month low. $OM $BANK Core CPI is almost at 5-year low. $AZTEC Job market is cooked. Bankruptcies are rising. Credit card delinquencies are going up. Housing market is in trouble.
And still, Powell is acting like the economy is stronger than ever and only concern is the inflation.
Powell already made a horrible mistake by continuing QE for longer in 2021, which destroyed the markets in 2022.
He is doing something similar again by being hawkish for longer than needed.
Entry: 0.054 – 0.058 (prefer rejection after vertical spike, avoid chasing while momentum still expanding) SL: 0.062
TP1: 0.048 TP2: 0.043 TP3: 0.039
Structure: strong impulsive breakout with large expansion candle → short-term overextension likely. Watching for exhaustion or rejection near highs for pullback continuation.
Structure: sharp impulsive move with strong expansion after consolidation → likely short-term overextension. Watching for momentum slowdown or rejection near highs for pullback opportunity.
🇺🇸 $VVV U.S. Treasury Secretary Bessent on crypto market structure bill: It's important to get the bill done as soon as possible, on Trump's desk this spring.
Structure: impulsive breakout into resistance after strong expansion → possible short-term overextension. Watching for rejection or loss of momentum for pullback continuation.