BITCOIN
I have been awaiting a downturn in general markets in late October or early November. All market indicators today seem to show a turn to the upside... and that the downside is over. However, I'm making sure I keep my gains-until its confirmed. Therefore, I'm watching Bitcoin near 63k and possibly fail... faking a formation, and next week we will have the true dump in markets across the board-from S&P / NASDAQ / CRYPTO. For Bitcoin, the low end could reach 48k and spring back. Lower than that, we may not turn back around until late December. The next low targets are 55k / 53k / 50k / 48k. We do have a falling wedge, everyone is calling for a break out. This should play out exactly to 63k, causing a bull trap for lower price action next week. This possibility is very likely invalid if bitcoin can surpass 63k, into 64k, and hold no lower than 62k.
To keep my profits, I will front run 63k & I will be placing stop losses in profit, instead of increasing my position at lower prices. If you have been following my free private telegram chat with alerts, we have brought our BTC position down to 59k range. Here is the link if you're interested to join: PRIVATE TELEGRAM F SHARP TRADE ALERTS
ETHEREUM
Ethereum's new update is launching in November. This should hold the price action better and out perform BTC, showing strength against BTC. Low targets are $3500 - $3200. The probability for ETH to reach and surpass 5k are much higher at this point. On the other hand, unlike BTC, I will be increasing my ETHEREUM position and taking profits $4200 / $4400 . If ETH continues-I will be shaving smaller profits at $4700 / $5000.
ALT COINS
I expect LTC to start a strong trend-reversal back to $190 (I'll shave profits). I'm holding long-term and adding on leverage position $180 - $150.
Like LTC, is in a downtrend but about to flip-with BTC and ETH showing strength. I'm buying long-term and adding to my leverage from 1.90 - 1.63. If there is a fall it will be deemed AS THE LAST DIP FOR ADA. People will say "I SHOULD HAVE BOUGHT THAT DIP" coinciding with Cardano's December long-awaited rumors.
Seems to be holding its value, as it's DEFI vaults are holding more YFI locked for now. If price action stays bullish...the lows are 33k-30k. I will buy more spot and add more to my leverage position. Shaving profits in the 35k region.
could have a legendary collapse as low as $1800. KEEP AN EYE to buy this dip, and you can catch a contract leverage position at $1900. In an ALT season, this coin is a late runner, but its defi nature, utility and community...the price action should see an all-time high. Beyond $6000.
Is forming a breakout I called before and I called another alert on the retest of it's formation, if you missed the last one. From $43 - $60 I will be exiting. On the other hand, personally I'M ADDING A STOP LOSS, in profit, because Link could lose this formation it won't be healthy and would take a lot longer to recover for an all-time high again.
The market saw a flash crash from the extremely high leverage on FIL. This dip was a gift and from $56 - $44 I'm adding more to my leverage and long term.
I'm looking to enter back on leverage on ONT if the market with BTC holds bullish price action, otherwise I will be on the sidelines. A crash could bring ONT to 0.62! KEEP AN EYE because you could be saying "I SHOULD HAVE BOUGHT THAT DIP" later. I hold ONT long-term and will be buying more at 0.79 and below.
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