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...
Welcome to this quick update, everyone. Since my last Bitcoin chart got invalidated after the break below $38k I've come up with this idea. I'll share what I see in the charts. I don't know if it's right. Am just sharing the possibilities. Few Key points to keep in mind:- RSI is oversold Too much fear in the market Many coins are showing signs of strength with...
Welcome to this quick update folks. BTC dominance is currently retesting the Blue MA on this 2day chart after breaking down. If we consider the wicks the scenario changes completely opposite of what we see here. Considering the current chart, It's highly likely we will see a dump in this index in the next few weeks given the condition it stays below this Blue...
Welcome to this quick update, everyone. I know you've been waiting for this chart! Bitcoin Dominance has broken down the important level of 40. As per the pattern the index is likely to hit the 30% level. It's also moving below all important EMAs. Showing signs of weakness. Meanwhile traders will shift to Altcoins against BTC. This could be a very good...
Welcome to this quick update, everyone. I wish you all a Happy New Year. May this year be fulfilled with more knowledge and experience which will eventually be the fuel for your successful journey in this field and everything you love to do. Let's get to the Chart!! Bitcoin has been consolidating for weeks. I'll keep it simple for you. Many indicators are...
BTC did hit the $51800 level after my previous post. For now, it is stuck between $47k and $52k range. Support is $47k and the resistance is around $52k to $54k I've said this before we need to break the upper resistance level for BTC to do well again. It starts with a successful close above the 21D MA in 4 hour chart.. With this close BTC will successfully close...
READ THIS IF YOU LOST MONEY:- First of all, I need you to step back for a while and take a break if you lost money. If you got liquidated this is a lesson for you and all of us. To keep minimum funds on futures, To always use not more than 5x leverage if you are a bit experienced if not you must avoid leverage and stick to the spot trading. I know how it feels to...
ETHUSDT: Almost rebounded from the 3388 low and is currently 24% up since then. It did hold the purple line support around 3800. IMO, ETH needs a 4 hour close above 4300 to gain bullish momentum. 3800 is 4000 is the major support for now. Stay tuned Do hit the like button if you like it and share your views in the comment section. #PEACE
Welcome to this quick update, everyone. BTC is hovering above the 100D Moving average which is around 54400 at the time of writing. Keeping in mind it holds this level by the daily close, it's highly likely we will see some good rallies soon. ALTCOINS in BTC pairs are doing well lately because of the decline in BTC dominance. Let's wait for the daily close and see...
I'll keep it short! BTC Still struggling to break the 59k resistance and getting hammered down again and again from the resistance level. The possibility of a new low is still there around 51k to 53k level. Nothing but boring sideways for now. Whereas the lower time frame shows another possibility of a pump towards 59k straight. So it's better to stay aside and...