Welcome to this short update on BTC.
55MA is a key oscillator to keep an eye on for a breakout in BTC.
It has been getting rejected for a very long time.
A break and close above the 55 MA will trigger a bullish PA.
Currently, the price is trading right below this MA.
I am bullish, this is a good price to accumulate BTC.
Even if BTC makes a new low that will...
#ETHUSDT is dumping right after the merge.
Looking at the chart, ETH is so far trading right above the 100D MA, losing this level could take it to the lower support
levels around 1432 and 1251.
$1251 is a better demand zone IMO. IF IT GETS THERE I WILL BE HAPPY TO OPEN A DECENT LONG.
If you are new to leverage, just avoid it.
The volatility in the market over...
100% on track so far as per my previous chart.
What do you expect next?
A little pump towards $1400 followed by a pullback to $1256.
Once we hit the second pivot around $1256 ex [etc a pump towards $1500+.
DYOR, Not financial advice.
Do hit the like button if you like this update and share your views in the comment section.
Do not take it as false hope.
I will show you some essential points which can help you make better trade decisions and justify my target of $42k.
1. Bitcoin has broken the $20k support but keep in mind although the ATH was $20k the weekly candle closed at $18953 this is why this level is very important in a weekly close.
2. Currently the price is trading around...
Welcome to this quick trade setup.
While BTC dominance is falling you can already see many altcoins pumping like crazy in the last couple of days.
PYR is one of the altcoins with strong on-chain movements.
A simple textbook TA Breakout can be seen in the chart as we speak after almost 10 months of accumulation.
A green candle close will be good for...
Hello, my friends and fellow subscribers, I was on vacation, you know it already if you follow me on other platforms too.
I just got back today and am ready to work day and night.
Let's get to the chart, I will keep it short and simple.
Bitcoin bounced right from the support. Once it breaks through $22.3k BTC is likely to hit the $25k level again.
Welcome to this quick BTC Update:-
I will keep it short, As long as the 21 MA holds in the hourly chart a rally towards the purple circle is highly likely.
I am long on a few coins and expect BTC to hit the $23600 to $23900 area within the next 24 hours.
Let me know what you think in the comment section.
Invalidation will be close below the $22800 area.
USDT Dominance is in play.
Testing the blue EMA right now after the breakdown.Although this is a 4 hour chart but most of the people trade on leverage so keep in mind an hourly full candle close above the 6.28% followed by a confirmation candle would mean I will close my long positions manually and this chart will be invalidated.
Unlikely, but you never know....
BTC Exclusive chart: This is an amazing development in Bitcoin's price action.
If you are reading this congratulations, you made it this far, you are gonna make it all the way to the next BULL RUN too!
The one with patience will be awarded eventually.
WHEN RICHES COME, IT COMES IN SUCH ABUNDANCE THAT ONE THINKS ABOUT WHERE THEY HAVE BEEN HIDING DURING THOSE LEAN...
Total Marketcap looks really good on the macro time frame, no matter what the BTC and ETH chart has pointed out in the last 2 months this chart is showing signs of strength from a macro perspective.
We might test the mA one more time but eventually, it's going up soon.
The super trend indicator is might show up as a BUY SIGNAL soon for the entire market. To keep...
I have started accumulating JASMY on spot.
Breaking through the long-term resistance and is currently retesting the resistance turned support.
I think it's better to accumulate during red days and hold for good profits.
Nice R: R (Almost 1:10)
Entry:- $.008052 to $0.009250
Target :- 50% to 120% (Open)
Try to take profits on the resistance levels.
Back into the zone as speculated in the last chart.
Bought some longs based on the charts I posted here for scalping.
But, before you get too bullish keep in mind BTC is back into the channel.
Bulls need to push Bitcoin back above $21.8k.
Failing to do that BTC can plummet all the way to $19.3k which is the lower support of the channel.
What do you think?
Make sure you have a plan before you press that buy or sell button during these confusing times.👀
If not, wait for the right time.
If you don't have one, wait for the right time.
The market favors the one who understands risk.
Even if we start pumping from here, wait for the daily close.
The whole market will only be bullish if BTC goes back above the recent low...
I do not post traditional market stocks nor do I trade but I found this one somewhat interesting.
DXY will soon be reaching its 36 years and 8 months old resistance.
Reaching the resistance it has been forming since Nov 1985 (according to the data provided on tradingview)
It will be interesting to watch the coming months as the US economy is facing tough...
Hello everyone welcome to this quick update on BTC.
Bitcoin looks good here. Our last two analyses have been perfectly on track so far and I have been continuously updating the charts every day.
$21400 to $22052 is a good range to accumulate.
I am not bearish in the short term.
$24k to $22k is a good retracement IMO.
Bullish Divergence in LTFs.
So my plan is to...
Hope you followed my last update which was 100% accurate.
BTC reached my target of $19.2k and bounced.
Currently, the chart shows potential for a rally toward the $21.6k level.
We are spot long since $19.3k which was given last time and right now we are waiting for a perfect breakout and close above $22k which will trigger a rally towards...
Welcome to this quick update everyone,
Altcoin Marketcap is bouncing after printing a higher low.
The index reversed on 18th June 2022 with a low of $430.955 Billion Marketcap.
Currently its trading inside a rising channel and to cpmleyte it needs to print another higher high which gives us our short term target of $573 Billion, almost 15% from current...
BTC is likely to retest circle shown in this chart.
1. The late longs are trapped. ✅
2. PA shows potential to be retesting the lower support of the channel. ✅
3. $19.2k to $20.5 is the important area of intersection. ✅
4. 50 MA support is around $20.5k bulls need to defend this level. ✅
INVALIDATION:- This chart will be invalidated if the price closes...