The October 10 Shock: Tariff threats from the US wiped out $2 trillion across risk assets, including crypto. BTC and ETH liquidated longs en masse, with $638 million in crypto-specific pain over 24 hours. Fortunately for those following The Halal Equity Desk Levels, you were already out before the crash:

  • ETH/USD: Trend reversal sell signal on the 9th of October.

  • SOL/USD: Trend reversal sell signal on the 9th of October. Trend continuation sell signal on the 10th of October before the crash.

  • ADA/USD: Trend reversal sell signal on the 7th of October. Trend continuation sell signal on the 9th and 10th of October before the crash.

  • XRP/USD: Trend reversal sell signal on the 10th of October before the crash.

Price action often reveals subtle clues before major market events, as those with insider information inevitably leave traces through their trades. This underscores the critical importance of closely monitoring price movements in your positions to detect these early signals and make informed decisions.

logo

Subscribe to our Premium PLUS content

Become a paying subscriber to get access to this post and other subscriber-only content.

Upgrade

As a Premium PLUS Subscriber, you have access to:

  • Special Edition: Weekly Halal Crypto Chartbook
  • Actionable New Halal Stock Pick
  • Weekly Halal Equity Desk Meeting
  • Monthly US Macro & Investment Strategy
  • Monthly Major Markets Review

Recommended for you

No posts found