Hello, everyone! What do you think of Bitcoin's crazy growth? Unfortunately, this is often followed by a sharp reversal. However, how can other cryptocurrencies react to this drop? Let's take the example of #DYDX. If we look at DYDX in a pair with BTC, the price has reached the bottom of the global consolidation: The global chart shows that since...
The growth of the BTC price has reached a vertical and un corrected value. For the growth trend to continue harmoniously, a correction would be helpful. Two GAPs have formed on the CME BTC chart in the ranges of $39310-40480 and $34100-34400, which would be good to fill. Altcoins can still "catch up" with the growth of the BTC price for a few more days, at least...
Galleon ships called "Big Money" are increasingly openly entering the vast and boundless ocean of the cryptocurrency market. To fill their holds with gold and spices crypto assets, they need to manipulate the market a bit, and they have the resources to do so. The largest liquidity that is instantly "poured in" is hidden behind the breaking of stop orders. ...
For more than 2 weeks, we have been observing that despite the almost perfect development of our ideas, the number of likes and comments under them has decreased. Do you not like the content presentation or do our ideas not coincide with your thoughts on the future of the crypto market?) Please write about it in the comments below the idea... Since you didn't...
There are two elements in the market : "retail money" and "big money". The former buys longs based on rumors and news around ETFs. The latter, based on the same news, receive increased trading volumes at the expense of retailers and dump their positions to them, rather unnoticed. For ourselves, we assume that in the next 3 months, the price of BTC may move in a...
Be careful, there is a high probability that the strong market correction is not over yet. At least if you believe the behavior of market participants in the past, as shown by the blue fractal, the BTCUSDT price correction may continue to $32350 And then, maybe, there will be a smooth growth of the BTC price and possibly more rapid growth of altcoins by the end...
Today our attention was drawn to TrueFi TRU. We think we understand the logic of the behavior of buyers and sellers in this asset. So, let's try to take a position for a medium-term trade on the following conditions: Entry: in the range of $0.034-0.0358 (the desired average price is $0.0349) Stop: $0.0318 (-8.88%) Take profit: $0.0628 (+80%) P/L ratio -...
Just remembered that today is "Black Friday" and every year the crypto market has either corrected growth or fallen sharply on this day. Wonder if this year's market players will follow the "tradition" so that the Internet will again be flooded with thousands of memes about "red discounts on crypto" :) What are your thoughts? What will be the market? Write in...
A few thoughts on the current situation on the BTCUSD price chart: - On the one hand, the "inverted head and shoulders" pattern, which we wrote about in March 2023, is only 7% away from reaching the target of $40k. In addition, yesterday's daily candlestick on the BTC chart closed very bullishly, but why is there no continuation of growth? - On the...
Today we will try to summarize the results of 2022 and look a little into the future. What can we say, We think few people will deny that 2022 is one of the worst years that we have seen and consciously felt. Painful both separately for the participants of the crypto world and in general in the context of the economic, military and geopolitical situation in the...
Altcoins prices are starting to reach areas where we would be ready to buy longs for medium-term trades. So we'll try to publish a little more trades for the community in the near future, but it's not certain) Today, we'll take a look at Worldcoin, which is a fairly young coin but has already made "a name for itself". It's worth remembering that many WLDs were...
The TRXUSDT price often moves differently from the rest of the market. This may be because Justin SUN is behind the project, and he likes to "impose his own game" on the market. He is an interesting character in the crypto industry, you can read various investigations and stories about him in your spare time. So, the other day, the TRXUSD price hit a strong...
The 420th day of a long and protracted consolidation in the wide price range of $5-9 LINKUSDT has passed Both shorts and longs are gaining positions in consolidations. Given that almost everyone has theoretically agreed that the "bottom of the cryptocurrency market in 2023" has already been reached, we can assume that someone is buying enough Link to last their...
We are impressed by the Solana project, at least because of the way its creators, developers, and holders are fighting for its existence. The last year has been difficult: either the closest possible connection with FTX, or recently Sol was included in the list of "securities" from the SEC. There were also many minor breakdowns, such as the absence of a mined...
Over the weekend, unexpectedly for many, including us, the AAVE price showed a +40% increase. However, so far, buyers have not been able to gain a foothold above the trend line, which has been in place since 2021. AAVE buyers still have many tasks ahead of them to develop a positive scenario for the AAVEUSDT price movement: 1. To prevent the price from falling...
If we look at the trading history of CAKEUSDT, we will see that the price is still in a downtrend channel After breaking through the critical $3.60 level, the price of CAKE has been falling steadily. It is a thankless task to guess when the price of PancakeSwap will hit the bottom, especially since the BTCUSDT price may be just beginning to fall. But we can...
Taking into account the fact that in the medium term we are more inclined to believe that the crypto market will grow, we continue to publish medium-term trades. In order to continue the growth of the crypto market, we would not like to see a correction of the BTCUSDT price below $26950-27000 in the coming days: In previous years, the LTC price was one of the...
The excitement in the cryptocurrency market is just beginning. Perhaps this is due to the fact that after the announcement of not very good quarterly data by large companies, the SP500 continued to fall and funds decided to transfer a small part of their capital to "high-risk" assets that are growing in order to level the yield of the overall portfolio. Or...