Cryptorphic

Cryptorphic

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...

Cryptorphic

#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...

Cryptorphic

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...

Cryptorphic

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...

Cryptorphic

#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

Cryptorphic

#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

Cryptorphic

#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...

Cryptorphic

#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.

Cryptorphic

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

Cryptorphic

#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

Cryptorphic

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...

Cryptorphic

#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.

Cryptorphic

#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...

Cryptorphic

#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...

Cryptorphic

#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...

Cryptorphic

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...

Cryptorphic

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...

Cryptorphic

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...