Both Monday and Tuesday the market witnessed a ranging market between 2309 and 2332 area. today 19th June 2024 the us market is having a holiday so the market may lave low liquidity and may be high volatility. resistance zone: 2332- 2336 area. support zone : 2312-2306 area pivot 2322 as it is an area of high volume trades and also the 100 day moving...
Last week was marked by complete bullish dominance. After positive inflation data was released on Wednesday, the market opened with a significant gap up. The next day, sellers made a sluggish attempt to fill this gap but never came close. To sum it up: 1. Prices are in an uptrend on weekly, monthly, and daily charts. 2. Last week closed strong with almost no...
Market Context Is this the potential bottom for Bitcoin? Let’s dive into the current situation. Chart Analysis Yesterday, I speculated about a push up, and today, it seems we might be at a temporary bottom for BTC. Key Indicators There are several signs pointing to this being a potential bottom: • Failed Push Down: We attempted to break through 65k but were...
Market Context Are we finally seeing the end of the downward movement for Bitcoin? A compelling scenario is unfolding! Chart Analysis Bitcoin has been holding strong at the 65K support level, which might be the springboard we need to shoot towards 70K and beyond. Key Indicators • Strong Support at 65K: Despite recent volatility, BTC has maintained its ground...
LQTYUSDT | Ready for a Move Higher Today? 🚀📈 Quick Analysis Today’s quick take on LQTYUSDT—this could either be a quick loss or an amazing profit! Here's why: Market Context Is BTC bottoming out? Hard to say for sure, but today seems like a good day to bet on a small rally to give folks some hopium before any potential downturn. Chart Analysis LQTYUSDT is...
Last week marked some of the most unclear price action we've seen. Starting on Tuesday, sellers gradually took control from buyers, but most of the action occurred during extended hours (meaning on VERY low volume). On Friday, sellers finally acted during regular trading hours and attacked the market right from the open. However, it seems buyers were only...
Market Context Is the sell-off for BEERUSDT going to continue? With BTC looking shaky, this presents an intriguing opportunity to short new coins like BEERUSDT. Chart Analysis We recently nailed an amazing trade with a 3:1 RR on BEERUSDT. Now, it's time to double down and ride the next wave lower. Strategy BTC's weakness is our signal. BEERUSDT has some wicks to...
Last week, the Bulls' performance surprised many and some were badly hurt by Wednesday's rally. Followers of this channel, however, hopefully avoided this trap by staying aware that a bullish run was possible given the market's mixed signals. Now, the Bulls have confirmed their control by establishing both a higher low and a new high on the weekly chart. Notably,...
Market Context BEERUSDT took a significant hit yesterday, and it looks like the bearish momentum is far from over! Chart Analysis The daily timeframe is looking bearish after yesterday’s sharp drop. We're currently retesting some levels from yesterday, which sets the stage for another potential push downward. Strategy Given the bearish close and retest, I’m...
Market Context Is SCUSDT poised for an upside continuation? With BTC rallying on positive CPI data, the stage is set for some altcoins to follow suit. Strategy The stars are aligning for SCUSDT, and I'm eyeing a high-risk, high-reward trade with a 6.63 RR. This is the kind of opportunity that can move fast, so timing is crucial. Action Plan Entry: 1M chart—be...
🚀 Are we on the brink of a new all-time high for Bitcoin? All signs point to yes, and I need to be in on this action! Breakout Alert Yesterday, we broke the trendline of a forming bull flag on the daily chart. This classic pattern break could be signaling a massive move upwards! Targets While my exact target is still undecided, there's a ton of liquidity at...
🚀 Get ready for an exciting move—UNIUSDT is gearing up for a classic breakout! Volume Surge With solid volume backing this breakout, we could see UNIUSDT push significantly higher. Market Conditions As long as no black swan events occur, this setup looks incredibly promising. Let’s watch and see how high UNI can soar!
Market Context Today, we've seen a slight volume increase in AUDIOUSDT, potentially signaling a move higher by the end of the day. We've broken the previous 1H high and trendline, setting the stage for an exciting run! Strategy With the market expected to be quiet today, small tokens like AUDIOUSDT could see quick pump-and-dump action. Let's capitalize on this...
Market Context DOGUSDT has just been listed on Bybit and is currently in a downtrend. But don't let that fool you—this could be an excellent setup! Strategy I'm expecting the downtrend to continue for a few more days before we see a significant pump. This gives us a perfect window to capitalize on the current movement. Let’s ride the trend and prepare for the...
🐶📉 Market Context Are we on the verge of another downside correction for FLOKIUSDT? It certainly looks possible! Strategy Friday saw a strong move down, and we usually fill those wicks sooner or later. Given this pattern, we could see FLOKIUSDT dip a few more pips. This setup presents a quick 1.5:1 risk-reward trade—an exciting opportunity to capitalize on the...
Market Context Is BENDOGUSDT primed for continuation? The price action suggests it's more than likely! Chart Analysis Both the daily and 4H timeframes are painting a promising picture. We've got momentum on our side, and the charts are aligning for a potential breakout. Strategy While nothing is ever certain in trading, this setup looks incredibly strong. I'm...
Market Context IOUSDT just attempted a breakout, but I’m not buying it. Here's why: Chart Analysis Despite the recent breakout attempt, the volume isn't convincing. Without the necessary volume, this move seems weak and likely to reverse. Strategy I’m expecting IOUSDT to dip lower before it catches the wave with BTC's anticipated pump later this week. This could...
Market Context Is HIFIUSDT poised to climb from this point? It’s looking possible! Chart Analysis We recently hit a new low on the daily chart, thanks to a Friday flush. However, this could be the recovery point we’ve been waiting for. Today’s price action hints at a potential false break on the daily timeframe, setting the stage for a rebound. Strategy This is...