BTC: WHAT IF THIS WHOLE MOVE IS JUST A RETEST??Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. BTC is continuously pumping from the $18.5k level and currently trading above the $21.6k level. After posting this chart many of you guys don't like this but as a trader, we have to be aware of every possible scenario and I'm just sharing my idea here.
According to this 2D time frame chart, BTC breaks down the bear flag and this whole pump looks like a retest to this bear flag. If this was a retest then we see a dump soon. On the 13th of September CPI data will release so I'm expecting a dump on that day and before that, on weekend we might see some more bullish scenarios for trapping more and more longs.
Just be cautious here and wait for the weekly close is much better here IMO.
Invalidation:- If this 2D candle closes inside the flag (Above the $22.2k level) then this bearish scenario will be invalidated.
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BTC: BREAKS OUT! NEED A RETEST!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. My last scenario got invalidated because BTC 4hr candle close above the $19.5k level. Currently, it is trading above the $20.3k level.
According to the chart, BTC is breaking out from the falling wedge-like structure and currently facing some resistance at the $20.5k level. IMO, for a successful upside movement, BTC must retest the $19.5k level from here and get a strong bounce from there.
If it again closes below the $19.5k level then this bullish scenario will be invalidated.
As of now, I'm waiting for a perfect retest to take some long positions.
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BTC BREAKSDOWN! WHAT'S THE NEXT POSSIBLE SCENARIO!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. In my previous BTC update I told you that we might see a breakdown of this descending triangle and exactly the same happened.
Now what's next?
Now, IMO BTC must take a little bit support here and bounce to the $19.5k zone for a perfect retest of this descending triangle. Meanwhile, it might form a little head and shoulder type pattern in the process of this retest. And after the successful retest of this $19.5k level my target is $17.5k
Invalidation:- Any 4hr candle close above $19.5k level will invalidate this breakdown.
What do you think guys?
Do you also think that we might see a retest of $19.5k form here or do you think it will continuously dropping from here?
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BTC QUICK UPDATE! $17.5K OR $22.5K??Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this quick BTC update. BTC is still in a very uncertain situation and trading between the range of $19.5k-$20.5k
According to the chart, BTC is trading inside a descending triangle. So from here, $17.5k or $22k will depend on the breakout or breakdown of this triangle. If BTC breaks below the triangle ($19.5k) then my target is $17k-$18k and if BTC breaks out from this triangle then my target is $22k from here.
Until we did not see any clear move, it's better to stay aside and wait for the breakout or break down.
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BITCOIN DOMINANCE AT MAJOR SUPPORT! BE CAREFUL WITH YOUR ALT BAGHello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this Bitcoin Dominance update. Those who don't know, BTC.D works inversely with Altcoins. It means when BTC.D dumps, Alts will pump and when BTC.D pumps, Alts will bleed.
Now let's get to the chart.
Currently, Bitcoin dominance trading below 40 and it is at the major support level in the weekly time frame. Every time dominance comes at this level we have seen a pump and bloodbath in Altcoins.
BTC.D goes below 39.30 level only one time which happens in 2018. This 39-40 range is a very strong support so we see a bounce from here and if it bounce then be ready to see huge dump in Alts.
It's better to stay cautious now.
Invalidation:- Weekly close below 39.30 level.
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BTC: STILL IN A RANGEBOUND! HERE'S QUICK UPDATE....Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this quick BTC update.
BTC is trading in range from the last few days. It is trading between $19.5k-$20.5k level. Every time it reached at $19.5k level it bounces and when it reaches $20.3k level it got rejected. BTC needs to break either $19.5k or $20.5k level for a clear trend direction. Until then it's better to wait.
Bulls or bears fight goes on.
What do you think who wins?
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BTC: BOUNCE OR DIE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this quick BTC update.
BTC is currently trading below $20k level. It is forming an expanded ascending channel in the daily time frame and currently near the lower trendline of this channel. Last 3 times when price came in this range then we saw a good upside movement from here. So if BTC holds this trendline this time also then we can expect some bounce.
Any daily close below this trendline ($19k) will be very bad for BTC.
What do you think guys?
Do you think that we might see a bounce from here or do you think that we see more drop from here?
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ETH: POSSIBLE HEAD AND SHOULDER! ONE LAST LEG UP TO $1700!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
ETH is forming a head and shoulder pattern in the 8hr time frame and currently, it is forming a right shoulder of this pattern. Also, bouncing from the 200MA So I'm expecting a bounce from here and there is a high probability that we might see ETH again at the $1700 level before its MERGE event in September.
Expecting the last leg up from here and after the merge event, we see a continuous downside movement.
Invalidation:- Candle close below the neckline and 200 MA
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Do you also think that we might see the last leg up before the merge event or do you think that it is continuously going down?
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BTC: IS $15K INCOMING IN REKTEMBER(Sept.)??Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. Our previous BTC update was spot on. When everyone was bullish and expecting a pump up to the $23k-$25k level, I told you to be cautious. Hope you guys listened and save your money. Meanwhile, our premium members made amazing gains.
Now, let's get to the chart.
BTC breaks down from the rising wedge pattern. RSI also breaks down. Last two times when it breaks this kind of similar pattern we see a 35-38% downside move. I'm expecting the same scenario here and we see BTC test $15k in the month of September.
After the month of September, we can expect a slow rise in price. IMO this $15k is the low of this bear market.
The best way is to keep DCA your BTC because when the bullish rally starts then it doesn't matter if you bought at $20k or $15k
If you missed this buying opportunity in waiting for $10-$12k then you will be regretted your whole life.
This is just my speculation, not financial advice.
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BTC: BEAR FLAG! REKTEMBER(Sept.) IS COMING!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC quick update.
BTC is moving in a rangebound from $21k-$22k from the last few days. It is forming a bearish flag in 4hr time frame and currently trading inside the flag. When it breaks down the flag then we expect price to touch $18k-$19k level.
REASONS I'M ON BEARISH SIDE:-
1) Price structure forming a bearish flag pattern.
2) RSI is forming a rising wedge like structure which is generally a bearish pattern.
3) Volume is not sufficient and continuously going down.
4) After a week, September month is starting which is generally a bearish month and also known as "REKTEMBER"
Invalidation of pattern:- If any 4hr candle close above $22k
What do you think guys?
Do you also think we might see another leg down from here or do you think it is continuously pumping from here?
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BNB: POSSIBLE HEAD AND SHOULDER! LOOKS BEARISH!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BNB update.
BNB is not looking good here. It is forming a head and shoulder-like pattern in a 4hr time frame which is generally a bearish pattern. BNB has important support at $272-$278 which is the neckline of this head and shoulder pattern. If it breaks below this support then we see more dump.
You can open a short position here with low leverage(2x-4x)
Invalidation:- Above $410
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ETH: BREAKDOWN! LOOKS BEARISH!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
ETH looks bad here. Breaks down from the ascending parallel channel and also breaks below from the important support zone. We might see more drops in ETH from here.
The next support levels are:- $1460/$1350/$1270
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BTC LTF UPDATE! DOUBLE BOTTOM!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC quick update.
BTC looks good in ltf. Currently, trading around $21.3k level and it is forming a double bottom pattern at $20.8k level which is generally a bullish pattern.
There is some resistance at $21.5k level. Once BTC breaks above $21.5k level then we might see a good rally up to $22.8k level.
Invalidation level:- Any hourly candle close below $20.8k
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BTC MUST BOUNCE FROM HERE, IF NOT THEN BE READY FOR A BIG DUMP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. In my previous BTC update, I clearly told you that BTC is not looking good so be cautious. Hope you guys listened and save your money in this dump.
Now let's get to the chart.
BTC is forming a bear flag-like structure in the daily time frame and currently trading near the lower trendline of the flag. The last two times, we see a very good bounce from this same zone. We can expect the same bounce this time also.
If in any case, BTC daily candle closes below $20.6k and breaks down from this bear flag it will be very bad for the whole market.
As of now looks like it is holding the support and ready to bounce from here.
What do you think about this?
Do you also think that BTC can bounce from here or do you think that it wil break down the bear flag and make a new low?
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USDT DOMINANCE BREAKOUT! BAD FOR BTC!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this USDT Dominance update. USDT Dominance works opposite to BTC. If USDT.D bounces BTC dump or if USDT.D dumps, BTC starts pumping.
Now let's get to the chart.
USDT Dominance breaks out from the triangle in the daily time frame and it looks very bullish to me which is very bad for the crypto market. If this pattern plays out completely then don't be shocked if we see a new low of BTC but it's early to say time will tell.
As of now, we have a 100D MA resistance ahead from there we expect rejection and a relief rally in BTC.
Until and unless USDT Dominance breaks below the $5.7 level don't expect a bullish market.
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BTC: BREAKS DOWN! LOOKS BAD HERE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. In my previous BTC update, I told you that BTC is at resistance and if it breaks the resistance then we see $30 soon but BTC is unable to break the resistance and got rejected badly.
Now, BTC is not looking good in the daily time frame. It breaks down from the rising wedge-like structure in the daily time frame. RSI is also breaking its uptrend.
The last two times when this happened we have seen a 30-35% drop in the price of BTC. BTC needs a daily close above $25k to invalidate this scenario else is ready for more drops.
What do you guys think about this?
Do you think that we again see a 30-35% downside move or do you think that this is a fakeout?
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BTC STILL STRUGGLING TO BREAK THE RESISTANCE! $30K AFTER BREAK!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update.
BTC is doing fine as of now. It is forming an ascending triangle in 4hr time frame and currently trading inside it. BTC is at the resistance level and trying to break this resistance continuously. You know the more it tried, the weaker resistance become.
Once we successfully break out of this ascending triangle and close above the red box then we are ready to go to the $28k-$30k level. Lower supports are $24.2k and $23.5k
Invalidation level- If any 4hr candle close below $23.5k then this chart becomes invalidated.
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DOGE/USDT TRADE SETUP! READY FOR A 60% MOVE TO THE UPSIDE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this DOGE/USDT trade setup.
DOGE looks bullish here. DOGE is breaking out from the symmetrical triangle in a 12hr time frame. Also, break above 200ma. Buy some here and add more in the dip.
Entry range:- $0.74-$0.77
Target:- 60-65%
SL:- $0.66
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SOL/USDT TRADE SETUP! READY TO PUMP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this SOL/USDT trade setup.
SOL looks bullish here. Breaks out from the Adam&Eve pattern in a 4hr time frame. Long some now and add more in the dip.
Entry range:- $46.6-$47.6
Target1:- $48.8
Target2:- $50.6
Target3:- $52.4
Target4:- $54.4
SL:- $45
Use low leverage (2x-4x)
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BTC IS READY TO GO $26K!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update.
BTC is forming a cup and handle pattern in LTF and also it breaks out from the neckline of the cup and handle. Expecting a good bullish move up to $26k from here.
Invalidation level:- Any candle close below $23.5k will invalidate this chart.
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BTC HH-HL TREND UPDATE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. BTC is once again rejected from the $24.2k resistance area and currently trading around the $23k level.
As you see in the chart, BTC is trading in an uptrend. It is clearly forming Higher highs and higher lows. The previous higher low was BTC made around the $20.8k level. So now there are two possible scenarios.
BTC has two important supports at $22.6k and $$21,5k so these two could be our new higher low. And after making this new higher low I'm expecting a good pump in the market and BTC might reach up to the $26k-$27k level by the end of August.
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1INCH/USDT TRADE SETUP! READY TO FLY!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this 1INCH/USDT trade setup.
1INCH looks very good here. Breaking out from the descending channel. Price is holding inside this channel for almost a year. It also tries to break out from the horizontal support. So I'm expecting a bullish rally soon. Buy some now and add more in dips.
Entry range:- $0.80-$0.87
Target1:- $1.001
Target2:- $1.262
Target3:- $1.551
Target4:- $2.021
SL:- $0.70
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FTM/USDT SCALP SETUP! READY FOR A 25% MOVE TO THE UPSIDE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this FTM/USDT trade setup.
FTM looks good here. It is forming an ascending triangle in a 4hr time frame. A breakout and retest are already done and now it's ready to go to the upside. Buy some now and add more in dips.
Entry range:- $0.36-$0.374
Target1:- $0.394
Target2:- $0.422
Target3:- $0.436
Target4:- $0.45
SL:- $0.34
Use low leverage (4x-6x) according to your risk.
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