Nobody expecting this price. Bitcoin ETF & intraday.Hello, nice person!
I believe it is time to add more entries. The market is becoming more confident in the ATH level breakout.
I anticipate a pullback from the $60,000 zone and efforts to enter the $66,000 and higher levels during the week.
I will try to take multiple entries in the $62,000 - $61,000 range, with a small position and risk.
Many people expect a price of $100,000, but let's be honest: whales won't offer you precisely $100,000, so we'll aim for levels below, and mostly the 80,000 zone, and so on.
Bitcoin's entry to ETF is an opportunity for the market to move higher and reach a cap of $10 trillion within a decade.
Thank you for your time and effort; please like or comment on this post, and I wish you excellent results!
Artemcrypto
WAZIR will have a major breakout in the coming days. Take it.Hello, nice person!
WRXUSDT can break out of the triangle in a couple of days: claim gains in the $ 3.00 - $ 4.00 range in three weeks.
Keep your buys on the low side, take $1.2, if possible take 1.1 - 1.0 too.
High volatility is expected, so use only affordable risk in the trade.
Best regards,
Artem Shevelev
@ArShevelev #bitcoin targetHey guys! What a move today, price moving bullish and seems like we about to break ATH on the next week, maybe on my Birthday 🎂 October 21st 🥳
What a gift it would be if Bitcoin move to new all time highs 🎁 ))
I wait for 88K before any major retracements and then 120K as main target for this cycle!
Always DYOR and risk responsibly.
MATIC trending higher, key steps for breakoutMatic is currently trading at $1.4, up 15% from yesterday's close. However, don't immediately hop on a pump. Price is currently approaching significant downtrend resistance, which might lead a retracement to the 1.3-1.2 zone.
In the case of a breakout from resistance, we may expect a large move in the mid-term, with targets at 1.7 and 2.4.
Bitcoin is following a well-known pattern. Useful points.Bitcoin has printed a bullish pattern with just two or three resistances in front of it, indicating that a rise is likely in the following 10 days. I predict the price will stop around 60k and drop to 56k before rising to 62k and retracing to 58k, where it will be free to surpass the previous all-time high. In the meanwhile, altcoins will have an opportunity to rise once again.
By the way, network transactions are still on the low side, so if only increase +100,000, we should be able to achieve Bitcoin price $80-90,000 by the end of the year.
@Shibtoken experiences another challengeThis time, SHIB is following my prior plan. Since yesterday, this is the only token that has risen in tandem with bitcoin, while all other tokens/coins have fallen.
Looking ahead to the next movement, I'm evaluating 2-3 market motion options. We should prepare our backup strategy and risks now, given the current situation of the financial market. Look at the intraday setup for SHIBUSDT (pic below) — the price is in a bullish triangle, therefore it will only be a day or two before it reaches the 3400 target level.
Cryptocurrencies are changing rapidly, so it's a good idea to have a backup plan in case things go wrong. Keep an eye out for lines and breakouts on the main chart, and you will be safe!
Expectations for the SHIB intraday setupLooking at the hourly SHIB chart (pic below),
I see that at least two drawings are forming here, after which a large upward movement can be expected if the current chart is a symmetric triangle.
In the second case, I will expect a descending triangle (pic below) to develop, which will involve a little more time and sideways movement. I'm still researching which triangle it will be, so I'm considering both possibilities.
Trending will be significantly bigger than you anticipatedGuys I suppose I have to tell you about this right now. Bitcoin's price increased by 5% yesterday, and it is currently trading at $57560. However, do not board the leaving train; instead, rush on the next station, and take your seat. After reviewing the existing trend and patterns, I believe we are in for a series of important price movements.
Take a look at the market movements in 2020, it was in a bull trend and created this beautiful pattern, that also represents a Head & Shoulders pattern (see pic below) but instead of reversing, moves higher.
This pattern can be spotted on Bitcoin across history, typically on intraday setups, but it can also be found on higher timescales.
As you can see in the image below, the same pattern is observed on a 1-hour timeframe, with the same swings and structure.
I believe the price will go down again in the coming days, with expectations at $55,600 and $56,300. Price will rebound in a sideways fashion within a week or two after reaching those levels, before the next big breakout. Following that, we may see a significant effort to recapture the existing ATH or set up a new level.
COTI / USDT Might go into $10, Wave analysis.Coti aims to create a "finance on the blockchain" ecosystem to address traditional finance's problems, such as excessive fees, latency, and lack of global scale.
Coti accomplishes this by introducing a new sort of DAG-based blockchain architecture that uses the Proof of Trust consensus method.
The multiDAG structure of Coti allows independent DAG clusters to be combined into the larger Coti network. This enables businesses to use the Coti network to create their own tokens (such as stablecoins).
COTI's price appears to be bullish, as it is currently trading near the resistance of the (1)-wave, and we could see a significant rally for this company. This analysis should be correct if the Bitcoin price remains bullish, but things can change quickly. So be cautious and take a low-risk position.
@ArShevelev thoughts on Bitcoin fractal. Reasons for $200,000Hey, Bitcoin trading in $55,600, which is +35% from last swing low, now breaking previous swing high with impressive move.
Take a closeup look on Post-Halving fractal (in 2020)
It look pretty similar to our current situation (Oct. 2021), and possible high demand on Bitcoin after breakout from $60,000, here is closeup chart:
Price sits above dynamic resistance and seems like $60,000 is a matter of 2 weeks.
If we manage to break ATH at 65,200 — price will fly to $80,000 - 100,000 in short period.
Daily Moving Average setup — looks semi-bearish / neutral, for now — DMA200 above DMA100 which is bearish. If Bitcoin price falls back inside triangle Bulls need to defend price at $46,000-44,000 to make a new ATH, otherwise price will fall lower.
Best regards
Artem Shevelev
Stay tuned for further updates.
Shiba Inu Long Accumulation x3.6 profit! Next move revealed x2!Hey, here is the chart compare between Shiba Inu and Ripple (in 2017)
Both charts look similar and have at least 2 similar shapes.
First let's see Ripple price action and you can find on the left side of the chart — Hypodermic Top, the distribution pattern which
consists of two rapid movements up and down almost on the same price range. Thereafter Price developed the Cup & Handle accumulation range before establishing a new ATH for XRPUSD and XRPBTC.
Now take a look Shiba Inu price action at the right side of the chart — the price on SHIBUSDT appears in the same manner:
Hypodermic Top distribution with Cup & Handle accumulation. Now the price made more than x3 from the accumulation range. What a nice rally.
If we look at development of XRPBTC after accumulation (mark up) you will notice Triangle shape, after which price created new ATH and made at least x2 in a few weeks.
So basically this is what I am expecting from the price of SHIBUSDT during the next couple of weeks — sideways in triangle shape and at least x2 rally. Prices have big room to go.
Anyway guys, this is my research, remember — Markets are always going up and down, so DYOR and trade with affordable risk.
Best regards
Artem Shevelev
US Stocks Early-Mid October 2021 Trade Plan [SP500]Looking at US stock market it is clear that bulls trying to defend positions.
Gap near 4440 is next target and level to hold.
US stocks market might recover during next sessions up to 4380-ish.
If bulls are strong enough to hold, we might go up to 4440 - gap level, and if close above it I will look for adding more exposure to this market.
Stay tuned
Best regards
Artem Shevelev
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.
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
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
FETCH FET / BTC idea to watchIn this case price formed triangle shape, which can be bearish, and considering placement of this shape I think chances for breakdown are higher.
This shape is also found in Wyckoff Distribution models.
Looking for targets near 1500 sat
USD target can be found on pic below:
Best regards
Artem Shevelev
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
ETHEREUM Fractal Proving possible $5000, but first $2600Guys look, this thing on ETH / USD showing pretty similar movement in different scale. In between February and April we had smaller triangle with same price action inside.
I think this year price will made similar movement. So next stop might be 2600 before another leg up towards 4000 and 5000-5200.
So long term expectations is to buy near support range 2800-2600 and wait for the launch!
Best regards
Artem Shevelev
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.