#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...
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...
#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...
#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 –...
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...
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...
#BTC is currently trading around the $42.6k level, with the 100-day moving average (100 MA) acting as support. Breaking below this level could lead us to the $40,222 level, which is the lower support for Bitcoin. I anticipate a bounce from the same level. Keep an eye on the 100-day moving average for the next few 4-hour closes. Ensure you book profits on your...
🚨Market Caution Alert! 🚨 While many anticipate a move to FWB:48K , it's crucial to stay vigilant as market conditions can shift rapidly. I'm also waiting for this level, but let's be cautious and ready for sudden changes. I've explained the significance of this weekly close for Bitcoin. Recall your greatest losses? When you were unprepared for the unexpected....
ETH is poised to make a move to $2700, representing almost a 21% increase from the current market price (CMP). The breakout from the wedge is clean, and there's a perfect retest happening as we speak. This anticipated movement is expected to trigger significant gains in other altcoins. Some of our gem coins have already started moving, with a few experiencing...
#Solana: Reflecting on a Regretful Trade 😔 I sold too early, around $42 – a common mistake when chasing market highs and lows. I've learned from past errors, especially in the last bull run, and won't repeat them. So, what's the best move? Hold onto your coins for the next 18 months. Skip the 4-hour and daily charts; focus on the weekly and monthly, zooming out...
#BTC Weekly Update: Breaking the Green Streak! Bitcoin (BTC) sees a change in trend as it closes the week with a red candle, ending an eight-week run of green candles. This shift is marked by the formation of a Bearish HARAMI pattern, signaling a potential bearish reversal. The confirmation of this pattern hinges on the weekly close; BTC needs to end the week...
Keeping it simple: as long as we maintain levels above $40,222, Bitcoin is likely to reach higher targets. Consider every dip a blessing and a buying opportunity in altcoins. However, a close below $40,222 could trigger a bearish rally, marking a new lower low since the start of this 8-week run. Action Plan: I am spot long and don't plan to make any changes...