#BTC: Maintaining position within the channel, slightly below the resistance area. The yellow box indicates the potential target should we breach the red zone. Invalidation remains contingent upon a daily close below the $40,222 level. Opting for a neutral stance, with close monitoring of the weekly close. #Crypto
As long as $40k holds, we are in good shape. However, in case an unforeseen event unfolds, are you prepared? Do you have the necessary resources? No one can predict the future with absolute certainty. As traders, our approach should involve readiness for every possible outcome. While buying every dip or selling every top is impractical, preparation keeps us...
#Tether : Hitting the grey resistance area. Still at the Decisive point. A successful close above the same could take us to the mid-30k as said earlier while a rejection would mean we bounce from here this is applicable for both BTC and Altcoins.
#BITCOIN : The bulls were unable to sustain above $43k and now face a critical test at the most important support level. If the bulls fail to hold, a visit to $35.5k is likely. Keeping it simple, I've refrained from trading since the break below $45k, especially with my recent travels. My action plan: I am currently 40% in USDT and patiently adding a few...
#Bitcoin Closed below the 50DMA. This is concerning as it opens the door for a potential drop to the mid-$30k range, in line with fractals and support/resistance levels. However, there's an alternative scenario to consider, especially since I'm not selling any of my bitcoins. Bitcoin is known for creating deviations before significant moves. It already formed...
#BTC: The 50-day Simple Moving Average serves as a valuable oscillator for understanding Bitcoin's daily price action. - Bitcoin typically exhibits a movement in the range of 15% to 17% when it falls below this moving average. - This pattern has been consistently observed throughout 2023. Breakouts above this MA have yielded substantial returns, from...
Firstly, stop panicking, I've got a few DMs where people are crying out loud! Can't answer all of them so read this chart. Firstly, you gotta be mature. Still looks like a retest to me. Previously posted USDT dominance may hit the lower 5.15 % one more time giving room to BTC to grow to $52k. INVALIDATION:- I'll be simply wrong if Bitcoin breaks below the $40,222...
The rejection of USDT Dominance from the grey area recently contributed to the upward movement, pushing the price to $48k. To sustain the momentum and reach the FWB:52K - FWB:54K level, the index must break below this channel. In the event of a breach in the grey level area, FWB:48K could become the local top. Let's hope we break down! DYOR, NFA Do hit...
I know we all are still uncertain about what will unfold next, given all the hiccups from yesterday. I've already shared BTC charts across all platforms, and things are progressing smoothly. A pullback and a continuation to the FWB:52K level (expecting the news to come positive). Let's take another scenario:- My perspective is that there's a chance of a delay...
Tether Dominance Analysis: ☑️ A slight rejection is visible; historically, rejection leads to continuation, while a breakout triggers an exit from the market. ☑️ G-Trend has already triggered a buy signal, implying a shift to selling altcoins for USDT. ☑️ For confirmation, altcoins might dip a bit more. ☑️ The blue trendline and the 6% level are crucial points...
Let's analyze: Dominance Update: Even though Altcoins aren't reacting as expected while BTC remains relatively stable, Tether (USDT) is in a tricky spot. The uncertain situation, often called the "grey area," is holding things together for now to some extent. If the dominance goes above 6%, it could signal a trend reversal. Keep a close eye on this chart –...
#AltcoinMarketCap is following our anticipated trajectory, bringing us closer to the $1 trillion market cap milestone. The dip experienced yesterday proved to be a fortuitous opportunity for those who approached it with seriousness and resilience, avoiding panic and capitalizing on the favorable market conditions. Do show your support by hitting. the boost...
Daddy 200 SMA saving the day so far on a 4-hour chart. The price is back into the channel. The news is just a speculation by a media firm, nothing solid. The focus remains awaiting approval from #SEC on #BitcoinETF Technical Invalidation:- Losing the $40200 What do you think? Do you think Bitcoin will dump further? Do share your views in the comment...
#Mintlayer $1 is now programmed! Only $39mil market cap. Token unlock happening this month. Might experience a dip if you're fortunate. It has already undergone a 60% retracement. This is one of my long-term holdings. DYOR, NFA #Crypto #altcoins
Initiated a long position on JTO Bullish on breaking out and retesting as we speak. Entry: $2.55 to $2.72 Target: $3.13, $3.46, $3.73, $4.05, $4.45 Stop loss: $2.4191 It can pump as high as 67% so it could be a 670% profit with 10x leverage! DYOR, NFA.
Our last 3 Roadmap charts have been spot-on and quite viral too, Thanks for your support so far! Let's get back to the chart! Analyzing the current market conditions, We're still on track to reach the top of the 5th wave, expected to be in the $47,000 to $54,000 range. Following that, we anticipate an ABC correction. This upcoming move will essentially confirm...
#SEI $1 is imminent, Adding the dips is recommended. Strong reaction by the Bulls during yesterday's dump. Shows Bulls are interested in this coin. I'm aiming for a swing trade. Entry:- $.4222 to $.4750 Target:- .57, .64, .72, 81 SL :- $.3971 DYOR, NFA $Crypto
#CELR/USDT Trade Setup - Mid and Long Term This trading opportunity primarily focuses on the spot market, although it's also suitable for accumulation in futures with conservative leverage. Technical Analysis (TA): Having recently breached the long-term trendline resistance that dates back to September 2021, the asset has overcome approximately 805 days of...