ETH: REJECTING FROM RESISTANCE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick ETH update.
ETH is forming a big symmetrical triangle in the daily time frame and currently struggling to break the resistance level. This is a very crucial resistance line for ETH. We need a proper close above this resistance line for a good bullish movement.
As of now, it is rejecting the resistance line. I'm expecting more drop from here until and unless we did not manage to close above the resistance line. The strong support area for ETH is the $1400-$1500 level.
What do you think about this?
Do you think that we break and close above this resistance line or do you also expect a drop from here just like me?
Share your views in the comment section.
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Corecrypto
BTC: THIS WHOLE PUMP MIGHT BE A BEARISH RETEST!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
BTC bouncing sruprisingly very well from the $20k level. It pumps more than 10% in just few hours. What's next?
As you see in the chart, it reached at the crucial resistance level. This whole pump might be a bearish retest, if we did not manage to break and close above this resistance level.
Also, we have CPI data on Tuesday. So we might see some volatile move on this day.
Overall, I'm expecting a rejection from here.
Invalidation level:- If break and close above $22.5k level tha n this bearish scenario will invalidated.
What do you think about this?
Do you also think we see a rejection from here or do you think that we will break above this resistance and pumps more.
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BTC: BOUNCE OR MORE DUMP??Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this BTC update. If you are following me and reading my updates then definitely you are safe. In my previous BTC update, I clearly told you that BTC is not looking good, forming a bear flag pattern and we see a dump soon.
Currently, BTC is trading around the $21.7k level so what's the next possible scenario from here? Let's discuss this.
According to this 8hr chart, BTC is forming a descending triangle in 8hr time frame and currently hovering at the lower trendline of the triangle which is our last hope of any bounce. If BTC held this support and bounce from here then we see a pump up to the $22.5k level but for more bounce, BTC needs to break out from the triangle and close above the resistance line.
And according to the second scenario which is highly likely, once BTC breaks down the triangle and close below the $21.5k level then be ready for the $18k-$18.5k level.
IMO you should be ready to short any bounce from here with an invalidation of close above $22.5k
What do you think about this?
Do you think we might see a bounce from here or do you think that $18k is on the board?
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BTC: BEAR FLAG! ANOTHER DUMP EXPECTED!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
BTC is forming a bearish flag pattern in 1hr time frame and consolidating inside the flag. If it breaks down the flag then expect another dump up to the $20.8-$21k level. However, we have to wait for a breakdown of the flag for confirmation.
Invalidation:- Any hourly candle close above $22.7k will invalidate this bearish scenario.
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BTC QUICK UPDATE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update. BTC is dumping badly after breaking down from the $23k level. Now, what's next?
According to the chart, BTC is forming an expanding wedge-like structure in 4hr time frame which is generally a bullish pattern. Currently, it is touching the lower trendline of this wedge and bouncing. If BTC stays here for a while then definitely we can expect some relief bounce from here.
Invalidation:- If the candle closes below this wedge then expect more dump.
What do you think?
Do you also expect some relief bounce from here or do you expect more dump?
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LIT/USDT LONG SCALP SETUP! 30% PUMP INCOMING!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this LIT/USDT Trade setup.
LIT looks good here. Breaks out from the falling wedge in 1hr time frame and looks bullish. You can long some here with low leverage.
Buying range:- $1.25-$1.29
Target 1:- $1.35
Target 2:- $1.48
Target 3:- $1.56
Target 4:- $1.65
SL:- $1.21
Use low leverage (Max 5x)
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BTC BREAKDOWN! MORE DUMP INCOMING!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
BTC is not looking good here. Rejected badly from the $23.9k resistance level. Also, Breaks down from the bearish flag-like structure in 1hr time frame. Expecting more drops from here.
Invalidation:- Close above $23.9k
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ETH: QUICK UPDATE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick ETH update.
ETH is forming a big symmetrical triangle in the daily time frame and rejecting the upper resistance line. Currently, it is trading around the $1600 level. So we have two possible scenario's from here.
First, a possible scenario is to get a bounce from the green support zone ($1420-$1500 range)
The second possible scenario is if we break below the $1420 level then there are high chances that we revisit the lower trendline of the triangle ($1200 level)
So for a bullish momentum in ETH, we need to break and hold above the symmetrical triangle.
What do you think about this?
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BTC QUICK UPDATE!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
BTC is rejecting from the $25k crucial resistance level. Currently, it is trading around the $2k level.
So what's the next possible scenario from here? Let's discuss this.
BTC is forming an expanding wedge-like structure in 4hr time frame. As of now, we have good support in the $23.5k-$23.8k range. If BTC holds this support then we possibly see some bounce in the market.
On the other hand, if we get a close below the $23.5k level then be ready to see more dip. In that case, our next supports are $22.6k and $21.8k
The overall market is not looking good as of now. Avoid leverage trading for a few days until BTC does not correct itself completely. This is the time to stay sideline for a while.
I'll keep updating you when the next opportunity arrives. Till then stay safe,
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BTC: ADAM&EVE BULLISH PATTERN!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this BTC update. BTC is currently trading near the crucial resistance level of $25k so what's the next possible move from here? Let's discuss this.
BTC is forming an Adam&Eve pattern in the daily time frame and currently trading near the resistance level. All we need is a daily close above the $25.2k level for breaking out from this pattern. Once we get a clear breakout we are ready to go to the $30k level.
But until we close above the resistance level stay cautious. I'll keep updating you regarding this.
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BTC QUICK UPDATE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update. After the CPI data, BTC quickly pumps above the $22k zone from the important support level of $21.5k level. So what's next?
BTC is forming a falling wedge-like structure in 4hr time frame which is generally a bullish pattern. Currently, it is trading near the upper trendline of the wedge. We need to break and close above this wedge for a bullish breakout. Once it breaks above the wedge we can expect more pump up to $24k from here.
In case of rejection, we might see another retest of the $21.5k level and expect a pump from there.
So the plan is really simple here. Either wait for a breakout or wait for some dip up to the $21.5k level.
Invalidation of this bullish scenario if we get a 4hr close below the $21.3k level.
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ETH SHOULD RETEST THE $1250-$1350 ZONE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick ETH update.
ETH breaks down the rising channel in the daily time frame and currently trading around the $1500 level. It also forms a big symmetrical triangle which is not retested yet. For another potential rally in ETH, we just need to retest this triangle. We also have an important support level of $1250-$1350 at the triangle retest area.
What do you think about this? Let me know in the comment section.
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BTC: CORRECTION PHASE BEGINS! DO NOT BLINDLY BUY THE DIPS!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update. Everyone was expecting $25k before the correction but as you know BTC always gives surprises. Currently, it is trading below the $22k level. Let's discuss what's the next possible scenario from here.
BTC start correcting itself. We have two significant supports. One is at the $21.5k-$21.8k level and another is at the $17.5k-$18.5k level. If BTC couldn't hold our first support then be ready to buy in the lower areas.
This is the time you have to be very patient. Of course, the market gives some bounces but all these bounces are just trapped IMO. So better wait for confirmation and not take any trade blindly.
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BTC UPDATE! NEXT POSSIBLE SCENARIO!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
BTC is rejecting from the $24k level and slowly going down. It is forming an ascending channel pattern in 4hr time frame and currently trading around the lower line of the channel. We have crucial support of BTC at the $22.3k-$22.8k level. Break and closing below $22.3k will be bad for the market and then we see more correction.
If it holds the $22.3k-$22.8k area then we expect some bounce. Let's see how the price reacts in the next few hours.
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XRP LONG SETUP! READY FOR A 15% PUMP!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this XRP/USDT trade setup.
XRP looks good here. Breaks out from the symmetrical triangle in a 4hr time frame and a retest is also done. Long some here and add more in the dip.
Entry range:- $0.406-$0.413
TP1:- $0.426
TP2:- $0.444
TP3:- $0.472
SL:- $0.3964
Lev:- 10x
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BTC: HEADING TOWARDS $25K, WHAT'S NEXT??Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
BTC is going good so far. After the 25BPS announcement from Powell it pumps well and cross above $24k. Heading towards its major resistance which is at $24k-$25k level. Still there is no major correction yet. So what we can expect from here?
We have a major resistance at $24k-$25k level so IMO we will not able to break this resistance in a single go. We might see a good correction from this $24k-$25k zone. But in case if we get a daily or weekly close above $25k then we might see more upside before any correction.
So far it is looking bullish. Try to buy Alts which will not pump much yet or wait for the correction.
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BTC: $25K BEFORE FOMC AND THEN NUKE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
BTC is going well and is currently trading above the $23.5k level. Let's discuss the next possible scenario from here.
BTC breaks above the crucial resistance of $23.3k after two days and as of now holds above it very well. As long as BTC holds above this $23k-$23.3k level we have a high chance that we see another leg up.
We have another important FED meeting (FOMC) on Wednesday so I'm expecting a last push up to the $25k level before FOMC and after that, we might see a huge correction.
Overall this week will be very crucial for us so trade very carefully. Do not get REKT by doing Fomo or some silly mistakes. Remember market always gives opportunities no matter what.
Invalidation of $25k is if we break below $22.5
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BTC QUICK UPDATE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
BTC is rejecting from the upper trendline resistance and made a low of $22.3k and bounce back. As of now holding the green box area so far. What's the next possible scenario from here?
As you see in the chart, BTC is forming a bull flag kind of structure in 1hr time frame. Once it breakout everyone become euphoric and thinking it will hit $25k next but IMO, that will be a big trap by the market makers and they dumped it instantly.
Next week we have FOMC so we definitely see a huge volatility. Stay cautious!
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SKL/USDT BREAKOUT! READY FOR A 30-40% PUMP!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this SKL/USDT trade setup.
SKL looks good here. Breaks out from the bullish pennant in 1hr time frame. Long now and add more in dip.
Target:- 30-40%
SL:- $0.0345
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BTC LTF UPDATE! BEST POSSIBLE SCENARIO FROM HERE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update. BTC is still holding pretty well. The bulls are in complete control here. Let's find out what's the next possible scenario from here.
BTC is forming a falling wedge-like structure in 1hr time frame. We have strong support in the $22.3k-$22.5k range. As long as BTC holds this zone we can expect another touch to the $23.4k level.
After hitting $23.4k we might see a significant rejection but all that depends on how the price reacts there. Will post this scenario in our next update when BTC reaches there.
Invalidation:- Breaks and closes below $22.2k is invalidation for this bullish scenario.
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BTC: MORE DUMP AHEAD!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update. In my previous BTC update, I clearly mention that BTC is at resistance so do not hold your longs and book profits in your long position. Hope you guys listed and save yourself in this dump.
Now, what's the next possible scenario from here?
BTC is forming an ascending broadening wedge-like structure in 2hr time frame which is generally a bearish pattern. After breaking down this broadening wedge, it is currently retesting it. So after this successful bearish retest, I'm expecting more dumps from here.
Invalidation:- Break and close above $21.1k will invalidate this bearish broadening wedge scenario.
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BTC: QUICK UPDATE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
BTC is forming an ascending channel-like structure in a 1hr time frame which is generally a bearish pattern. RSI is also showing bearish divergence. Price is still moving inside a channel and we might see another pump above the $21.5k level for trapping more longs and after that, a dump will be coming.
Once it breaks down the channel then it is a confirmation for the price to go lower.
Invalidation:- Break and close above $21.8k
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ALT M.CAP UPDATE! Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this TOTAL2 aka ALT MARKET CAP update.
TOTAL M.CAP is forming a falling wedge-like structure in the daily time frame and currently facing strong resistance at the upper trendline of the wedge. If it is rejected from here and starts dropping, we see a dump in Alts as well. In a bullish case, if it breaks out and gives a daily close above the red resistance line then more pumps are upcoming in Alts.
So basically I'm waiting for a reaction here first. I'm not longing for anything when Alt M.cap is at resistance.
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