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Arshevelev

Bitcoin Slip below 40K, is it good to buy?!Bitcoin dropped briefly below $40,000 for the first time since August. I will looking for buys after bullish confirmation - for me it will be 5-wave + 3-wave structure which will show impulsive bullish formation. This combo will allow us to buy in safe zone with fine stop loss leverage. Yesterday I've took few risky short-term trades DOGE and AVAX which gave good profits ±150% x10 leverage, and tried to scalp long in SOL but closed with stop loss. I think today market will give us another good opportunities among altcoins. Right now market facing fears from the debt crisis at China Evergrande Group and expectations that the upcoming Federal Reserve (today) meeting will signal a scaling back in asset purchases later this year. Make sure you are following US stocks market situation, cause correlation between crypto and stocks back to high levels.
INDEX:BTCUSD
by ArShevelev
3
Bitcoin 21 September 2021. Trying to break the ice.Bitcoin price roll down -18% yesterday and now settle at 42800. This week I see price action within sub 44800 range, before any major breakout will happen. This time alt market will face short-term pullback, so we might get a good trades. Keep your eye on global markets, correlation between crypto and stocks are back to high levels (chart below) Stay focused on marked during Wednesday closing and be ready for the move in any direction. Best regards Artem Shevelev
INDEX:BTCUSD
by ArShevelev
Bitcoin Might be Bullish, but Prepare for Worst!BTCUSD down about -8% from today opening, dragging down whole altcoin markets. Bitcoin opens today in weaker structure than I thought. Shape obviously looking like H&S and 42800 neckline may not hold much... Bitcoin always drag altcoins more % down than itself. Dominance chart confirms the idea. So be careful, especially if you took alts during recent period of 2 months. Today bitcoin may stay near 44-ish zone, also expected some false shakeouts up and downs. So be patient before taking any risk on current, I should say, choppy environment. US market opening soon, might open below prior closing, which drag down SP and stocks down by a few %. So wait for your opportunity and now it is better to hedge your investments with stable assets. Best regards Artem Shevelev
INDEX:BTCUSD
by ArShevelev
7
SOLANA How dip it can go?!In fact SOLANA one of the most performing and reached top of the alt list this season. Only by summer the price increased by an enormous 800% percent. I think this could be the possible end of the growth for this project at least for this year. Now I am expecting a correction movement in the range of 130$ and 100$ USD. I cannot recommend any long term buys in this price action, cause things can be extra choppy in the range. Best regards Artem Shevelev
by ArShevelev
11
Bitcoin Testing $50000 and Sideways planBitcoin approaching target of previous updates, now chasing 50K target. From daily charts expectations was shared here and we can expect small move upside. From mid-term perspective I will expect price to calm down, probably we will see 44300 or pretty close to it. So there will be another opportunity to increase exposure on crypto market. Hopefully price will make it and break previous high at 53K, which will allow us to dream about approach the ATH again. We will see, btc is slow since summer, but usually things getting faster closely to the year end. See you in the next updates, Stay tuned Artem Shevelev PS: Do your own research and always trade with affordable risk.
INDEX:BTCUSD
by ArShevelev
2
Bitcoin Long story Short | choppy 46KSince my previous updates, Bitcoin sits in the range 46K and 43K. Causing price jump up and down 5% within a day. Keep your positions on hold, this might take a time before trend show up again. Hopefully we going to see daily closing above 46K, which can give us another impulse leg up. Price resistances givs us good understanding of targets and possible reversal points. But in case breakdown from 42K, we most likely will see price failing lower to sub 38K so take it to account before taking big bets for your positions. Keep your heads up Artem Shevelev
INDEX:BTCUSD
by ArShevelev
6
Whats next for Bitcoin: Levels and ThoughtsQuick pullback from 52k wiped -20% from the price, creating opportunities in support zone. Demand in Bitcoin high enough, so it is quite possible to see recovery from here. Keep in mind 42.3K level which important for sellers. If support will be strong enough - the price may do good pullback from this support and take another chance to break 52k. Quite good opportunity with nice risk/reward, so I will rebuild my long position to try. If price failed 42k - this will trigger another selling wave — in this case we must watch for levels near 38K. Best regards Artem Shevelev
INDEX:BTCUSD
by ArShevelev
4
Bitcoin Making it's way up $52K. Expected lows and highs.Bitcoin rally continues and now approaching $54K resistance zone. Over last week price made +13% profit move, which is awesome for crypto, most of alts did major move up simultaneously. Keep in mind possible start of correction down to $47-42K in mid-late September. But before that, personally, I am expecting reaching $54-60K as main target for taking profits. In 60K we have a strong resistance which will hard to break IMHO. Thanks for reading, Have a nice profits Artem Shevelev If you missed previous update:
INDEX:BTCUSD
by ArShevelev
6