Welcome to this extensive analysis of BTC Dominance. If you are reading my updates for the first time, make sure you follow me to read the most complex charts Explained in the most simplified manner. I also post margin and futures trade setups. Now, let’s get to the chart. BTC Dominance bounced right from the bottom of the channel around 39.15. Currently moving...
I know it's looking ugly atm. It can go a bit down though but I am expecting a bounce from somewhere between $37.2k to $38.8k. This is why I have been saying again and again ABOUT THE $38.8K LEVEL Which was not retested even after the breakout of $42k resistance which eventually couldn't hold either. Now I expect BTC to retest and hold the $38k level by the...
Welcome to this quick update, everyone. As per my last chart, ETH dropped to our buy zone and we bought both on spot and leverage. The average entry is around $2885. The next resistance is around $3200. A break and close above this level will trigger a rally towards $4000. The pattern is playing out perfectly. So this is my plan:- I'll be holding positions with SL...
Welcome to this quick Bitcoin Update. It was a nasty candle close. The DOJI shows the selling pressure around 45k level. But as per on-chain data the big addresses didn’t sell, Retail did instead the whales bought more. Bullish indication? I do think so. This could be a short-term manipulated PA to make people panic. The good thing is we broke out but a green...
Welcome to this quick update. If you are reading my chart for the first time, do follow me for more timely analysis and exclusive trade setups. I share all my strategies for free which can help you to add some extra value to your trading decisions. The total chart followed our speculated move as shown in the last chart (leaving the link to the previous chart below...
Welcome to this quick trade setup. ETHUSDT looks good in the given range, $2768 to $3068. Although we need to convert the $3400 level resistance into support. It's better to be cautious at current levels and use the DCA strategy. Inverse H&S Formation in play. Breakout of the neckline will trigger a rally to the $4k level. Let me know your thoughts in the...
Welcome to this quick update, everyone. The total mark cap has broken out of the downtrend channel and is currently trying to retest the level. In my previous chart, I said we need a close above that blue MA line though I expected some early rejections it broke out at once! We also got a breakout above the downtrend channel after exactly 90 days of...
Bitcoin is bullish again. Since we got a close above 42k. The next Resistance is around $46k where we have already seen some rejections at $45.5k. Probably some retests to the lower 40ks and then we go up to $46k. Just keep in mind the $38.8k level has not been retested yet, It doesn't have to be retested if you ask me. We have seen many times BTC breaks the basic...
I'll just keep it short, USDT.D is hitting the long-term resistance around 4.87. Break above and close above this level means the beginning of the bear market which will eventually lead to the break below the 30k level. Whereas, rejection could take BTC to $43k+ level again. $35k also happens to be monthly support which makes it quite important. if BTC manages to...
Welcome to this quick update, everyone. BTC broke on 4th Feb, do you remember the chart that I have posted on 4th Jan? If not, check it out, I'll leave the link below this update. Though I got a bit drifted away with the short-term charts, BTC did manage to close above the $38k level making it bullish in the short term. This was the surprise I have been talking...
I'll keep it short unless we see a break and close in daily above this red resistance which happens to be around $1.87 trillion. I don't think we will start rallying. Also if you look into the grey box, the index got rejected multiple times from the blue line. It needs to get above it. If you are too excited with that $3000 candle on BTC, Don't! Be smart and think...
Welcome to this quick update, The total market cap needs to get above that $1.82 trillion level to be bullish again. That level certainly gives us the $42k target for BTC as well. Bitcoin needs to get above $42k to be bullish again. Unless that happens there's still a possibility we can see lower $30ks as per my chart. I'll also assess some LTF charts for the...
LTC broke the $140 support level. Lower buy range which also happens to be the resistance turned support levels is in the range of $71 to $84. Not interested to buy here. If you are holding long, Place SL around $92 and take profits above $118. What's your thought on this? Do hit the like button and share your views in the comment section. Thank you #PEACE
BNB is holding the support unlike other large cap coins. It has shown massive growth in the last 2 years. This level is important. Golden pocket around $266 Which is the best buy area as per chart followed by some signs of reversals in ltf charts. Lower support levels are $346 and $266. What to do if you are holding longs? IMHO, Better to hold with a SL below...
SOL is one of the best projects out there.. It has shown insane growth, almost $1 to $260 in less than a year! That's 260x It needs to cool down a bit. IMHO the best buy range fro Solana would be anywhere between $38 to $58. I am not interested to buy here for long term. FOR SCALPER: For scalping the scenario is different, Short term support around $88 is good...
XRP is on a long term support. Looks like a cup and handle formation in this long term chart. I was asked by one of our community member whether to hold XRP for long term. IMHO You can start accumulating here and DCA. That's the best strategy for these large caps. Best range is between $0.46 to $0.60 with a target of almost $3 to $5 (For few years) which is...
I'll keep it short! Looks bearish to me. Broke below 442 days of support trendline. Lower support levels are $44.94 and $38.55 If it can get above $74 we can expect some bullish momentum but that's a long story for now. Expecting a bounce around $45. I will be ,posting more charts with very short and to the point analysis. Do show your support.
Welcome to this quick update. I'll keep it short. Every time DOT breaks the Blue MA daily we have seen massive Rallies. Firstly, It bounced from the support, and as per this chart, It must rally at least 100% TO 150% in the next few weeks. ENTRY :- $25.5 to $29.6 Target :- $45 $52 $61 Stop loss:- $23.82 *Not Financial Advice, DYOR before taking any...