#Bitcoin Update: Things are looking good overall. Bitcoin seems to be following the expected path, similar to scenario 2. While there's been a bit of a slow climb in the past few days, it's still moving in the right direction. We had a steady weekly close, which is reassuring. Just keep an eye out for any dips, especially if we see a close below $58.3k, as that...
#BTC Dominance teeters on the edge of its maiden weekly close post #BitcoinHalving! Anticipating potential alt corrections and prime entry points? Stay tuned for an in-depth analysis on navigating the impending altcoin season. Show your enthusiasm with likes and retweets if you're eager for it! Cheers! 🚀
#BTC : Just 2 hours remaining until the #BitcoinHalving, it appears it is likely to form a green candle, possibly aiming to capture liquidity around the $65-66k range, followed by a correction to the early $60ks. Remember, this is short-term speculation. DYOR, NFA
#Bitcoin Liquidity below the $60k has been taken. The price bounced right from the second EMA. The third EMA is around $58.3k, The level I've been talking about in my previous updates. The weekly close will provide more clarity. Stay tuned, I'll keep this chart updated. Thank you
#BTCUSDT Update: Our initial scenario is unfolding perfectly so far. BTC is likely to go higher when the BTC Dominance hits 58%+ followed by a correction which is likely to lead to an altseason. Do you believe BTC will surge past $80,000, or will it continue to move sideways until the halving? Do hit the like button if you like it and share your views in the...
✍️Altseason refers to a period in the cryptocurrency market when alternative coins (altcoins) significantly outperform Bitcoin. This phenomenon typically follows Bitcoin’s halving events, as capital begins to flow from Bitcoin into altcoins. The most notable Altseasons occur when ALT/BTC pairs gain strong market traction. ✍️The duration and intensity of Altcoin...
#Bitcoin is currently encountering resistance. Is it a liquidity hunt around the all-time high (ATH), or a genuine breakout? Nobody knows for certain! We're in a waiting game. Based on previous charts, we seem to be leaning towards Scenario 1. A break and close above this level could potentially trigger a rally to a new ATH. Fingers crossed for a positive...
My previous chart was hidden by tradingview because of some mistakes. So posting this again with a little change! Tether broke the long-term support of almost 2184 days. This is an amazing development in the price action. The current level is the point for reversal. If there's any big correction happening, it should be around the halving. TBH, this chart gives me...
#GEAR has been highlighted as a prime candidate in our Gem List 2024 Second Edition! With a market capitalization of just $16 million, it has the potential to surge by 5x from its current position. Gearbox Protocol revolutionizes DeFi with composable leverage, enabling margin trading on Uniswap, leverage farming on Curve, and more, amplifying capital by up to...
Let's address the common question here:- Has Bitcoin already reached its peak, or is there still more potential for growth? Taking a look at the chart, Bitcoin (BTC) is presently trading near the 35-day Exponential Moving Average (EMA), a level that often serves as a short-term support for price bounces. The subsequent support level could be around the .382...
Verasity is working on a big upgrade to its ecosystem. They're creating a new system with two types of tokens: VRA and a new one called Proof of View (PoV). PoV will work separately from VRA but will bring extra benefits, like reducing fees and offering rewards. They're also planning to use PoV for things like improving their content delivery network, detecting...
#BTC This PA is ridiculously bullish! We haven't even reached halving and the price is just 30% below the ATH. Is this a good sign? Or is it a Bull trap before the "Capo's FWB:12K target"? I'll analyze the chart on Monday after the weekly close. Stay tuned! Follow me to avoid missing important updates. Thank you #PEACE
#ETH Looks better than BTC, tbh. Likely to hit that $2700 mark again. The resistance around the $2400 level has been broken. Expect a little retest before the next leg up. More updates coming on Sunday night. Stay tuned! #PEACE
#Bitcoin: Broke the red resistance zone; looks like a clean break. My previous charts have been proven wrong; a close below $40,222 was supposed to trigger a bearish rally to the $32-$35k zone; instead, we bounced around $38,555 and closed back inside the channel with a close above $42,031 in the weekly, confirming a reversal in the short term. Though the...
#NEXA appears promising with a notable breakout. When it experiences a pump, it consistently generates a sequence of green candles, showcasing a strong and continuous upward movement.
ETHEREUM : Demonstrating resilience and adhering to its current trajectory. If Ethereum continues on this path, there is potential for a substantial rally among Altcoins in the upcoming week. Do hit the like button if you want me to post some altcoins setups! #PEACE
#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...