BTC: THIS SUDDEN PUMP IS JUST A RETEST! STILL BEARISH!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this quick BTC update.
BTC took a sudden pump after hitting $18.5k level and it reached to almost $21k level. But this sudden pump of BTC is does not looks good at all.
As you see in the chart, This is just a retest after breaking down from the symmetrical triangle and looks like it is ready to fall again. According to the pattern target is $16k
Invalidation level:- If BTC breaks above the upper trendline of the triangle which is at around $21,300 then this chart becomes invalidated.
What do you think about this?
Do you think it will pump again or do you also think that we see a dump from here.
Let me know your views in the comment section.
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Corecrypto
BTC UPDATE! 18K INCOMING IF?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 forming a inverse Adam & Eve pattern which is generally a bearish pattern. Although it is not confirmed yet because BTC is still holding the $19,800 support level. Once it breaks below the $19,800 support we can expect it to reach $18k level.
If you want to open a short position then wait for the breaks below the 19,800 support area.
Invalidation Level:- If BTC breaks and close above $20,500 level then this pattern becomes invalidated.
What do you think about this?
Do you also think we can see $18k from here or do you think we get a bounce from here?
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BTC: BREAKS DOWN! EXPECTING A MOVE TO THE DOWNSIDE!!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 not looking good here. Tried many times but not able to break the $22k resistance level. Now it's breaks down from the symmetrical triangle pattern in 2hr time frame. I'm expecting a 10-15% move to the downside.
Resistance:- $22k
Supports:- $19.8k/$18k
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USDT.D BREAKS OUT! BEARISH FOR BTC AND ALTS!!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 looks bullish here. It is already breaking out from the falling wedge pattern and currently retesting the wedge. After this successful retest, we can expect a bounce in dominance.
As you know when USDT Dominance pumps then BTC and other Alts start dumping. So keep your stop losses tight if you open any long position.
Invalidation level:- If it breaks below the wedge (6.86 level) then this bullish scenario becomes invalidated.
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#ETH: INVERTED H&S PATTERN! LOOKS BULLISH!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
ETH looks good here. Forming an inverted head and shoulder pattern in 2hr time frame. Currently, it is in the process of forming the right shoulder. Once it breaks the neckline of the head&shoulder it will pump hard.
A strong support for ETH is at $1050
You can open a long position here with the SL of $1040
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BTC: POSSIBLE SCENARIO! BULLISH!!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 forming an inverted head and shoulder-like pattern here which is generally a bullish pattern. Currently, it is in the process of forming the right shoulder and the important support here is $19,800-$20,200 level. I'm expecting a bounce from this zone.
Once BTC breaks the neckline of this inverted head and shoulder we can target for $26k-$27k level from here.
Invalidation level:- If it breaks and closes below $19.7k support then this inverted head and shoulder pattern becomes invalidated.
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BTC: BREAKS OUT IN LTF! READY TO GO $23K-$24K!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this quick BTC update.
BTC looks good in 1hr time frame. Breaking out from the bullish expanding wedge. Looks like it is ready to test $23k-$24k level from here.
If you want you can open a long position here with the SL of $20.2k
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BTC: BEARISH PATTERN IN LTF!! WAIT FOR BREAKDOWN!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this quick BTC update. Our previous analysis went perfectly accurate. We told you to open a long position when BTC was at $18k and pumped to the $20.8k level from there. Hope you guys make good money.
Now, BTC is forming a bearish flag-like pattern in 1hr time frame where we still did not get the breakdown. We might test one more time to the upper trendline of the flag which is at around the $21.2k level and after that, it starts dropping.
I'm waiting patiently for a clear breakdown of this bear flag for opening any short position.
Invalidation level:- If it breaks the flag to the upside then this pattern becomes invalidated.
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BTC: LTF UPDATE! MUST BOUNCE FROM HERE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this quick BTC update. Our previous BTC chart got invalidated and BTC made a new low of $17.6k
Now, BTC is forming a falling wedge pattern n 2hr time frame. Also, forming a bullish divergence in RSI. Expecting some bounce from here.
If it breaks the wedge to the upside then we can expect a good rally to $21k-$22k in the next few days.
Invalidation level:- If any 2hr candle closes below $17K then this wedge pattern becomes invalidated.
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BTC: BULLISH PATTERN IN LTF! WEEKEND RELIEF RALLY?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 forming a falling wedge pattern in a 45min time frame. A falling wedge is generally a bullish pattern. Currently, BTC is trading near the lower trendline of the wedge. We can expect a weekend pump from here.
If it breaks out from the falling wedge then we can expect more pumps.
Invalidation level:- If any candle closes below $18,600 then this chart becomes invalidated.
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BITCOIN DOMINANCE NOT LOOKS GOOD! BE CAREFUL WITH YOUR ALTS!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC Dominance update. Bitcoin dominance is inversely proportional to altcoins means when BTC .D increases Alts starts dumping and when BTC .D dumping, Alts starts pumping.
As of now, BTC dominance is not looking good. It already breaks out from the channel and pumps all the way to the 48.40 level. Now it came down to 45 levels and it looks like a perfect retest. After this retest, I'm expecting a pump-in dominance so with this pump we see a drop in Altcoins.
The next important resistance to dominance is at around the 52-54 level. So you can imagine if dominance pumps to 52-54 level then how hard Alts will dump. So be extra careful with your Alts until and unless we get back inside the channel.
Invalidation level:- If any 2-day candle closes below the 44.50 level then we entered again inside the channel and this bullish scenario of dominance will be invalidated.
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ETH: NOT LOOKING GOOD IN LTF! READY FOR A NEW LOW!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
ETH is not looking good here in 1hr time frame. It is forming a symmetrical triangle-like pattern. ETH was rejected multiple times from the resistance line and now breaks the support line as well.
I'm expecting a 15-20% drop from here in ETH price. As you know when ETH drops many altcoins will also follow. So stay cautious and trade carefully.
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BTC: BREAKS OUT IN LTF! WAIT FOR THE RETEST!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update.
BTC looks good in the shorter time frame. Breaks out from the falling wedge pattern in 2hr time frame. It is currently rejected from the $22,800 resistance area and looks like we might retest the wedge (around $21k).
Looks like it is ready to go to test the $24k-$25k level in short term. All we need to break is the $22,800 resistance area.
Invalidation level:- If any candle closes below $20.8k then this chart becomes invalid.
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USDT.D LOOKS BEARISH IN LTF! 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 looks bearish in 15 min time frame. Making double top and looks like it is ready to fall from here. So if USDT Dominance falls then we will see some bounce in BTC and Alts.
Support is at a 7.85 level. If it also breaks the 7.85 level then expect more bounce in BTC and Alts.
Invalidation level:- If any 15 min candle closes above the 8.34 level then this chart becomes invalidated.
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BTC: EXCLUSIVE LONG TERM UPDATE! WHEN BULL MARKET STARTS?Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. In this BTC update, I'll try to clear all your doubts. This chart is purely based on fractals and previous data.
So let's start.
First Bull Cycle:- First bull cycle of BTC starts before the first BTC halving which is in 2012. After the first halving, BTC made a top of $1k in Nov. 2013 and after that, a 1 year correction period starts.
Second Bull Cycle:- Second bull cycle of BTC starts before the second halving which is in 2016. After the second halving, BTC made a top of almost $14,500 in Dec. 2018 and after that, the same 1 year correction period starts.
Third Bull Cycle:- Third bull cycle of BTC starts before the third halving which is in 2020. After the third halving, BTC made a top of almost $69k in Nov. 2021 and after the month of Nov. 2021, we saw a continuous drop in the price of BTC.
Fourth Bull Cycle:- So according to the history, this correction period till last Nov. 2022 and after that, we will see a bullish rally in the market where the top is around $2,50,000.
According to the above analysis, our first doubt (when bull market) will clear. Now the second important question is what can be the bottom of this correction?
As you see in the chart a yellow MA which is a monthly 50MA act at the bottom of every cycle. So according to this theory, the bottom of this cycle is around $21,300 but that does not mean we did not go below that we might see a wick below the 50MA and that is the best buying opportunity.
Conclusion:-
BTC bottom is around $18k-$22k
The bull market starts after Nov. 2022
Hope after reading this whole update all your doubts will clear. If still have any then you can ask in the comment section or you can also share your views in the comment section.
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BTC: IS THERE ANY HOPE LEFT FOR BULLS?Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update.
BTC does not look good at all in lower time frames. It breaks all the important support levels. As I told you in my previous BTC updates that $28,800 is a very important support for BTC but it doesn't holds and now you see the result.
So what's next? Is there still any chance for a bounce?
According to this 3-days chart, BTC breaks below the giant triangle but one thing I see here is that this 3-days candle still not closed. So still there is a little hope for us if and only if BTC close this candle above $28,200 level.
If we get the next 3-days candle close above $28,200 then all these downside move turned into a fake out. But if we close below $28k then ready to see more lows.
Do not open any short or long position now. It's better to wait for the weekly close for more confirmation.
Do not take much stress. As you know nothing goes down or up forever. Sooner or later we see a continuous green days. We just have to wait patiently.
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ETH: WEEKLY EXCLUSIVE UPDATE! BOUNCE INCOMING SOON!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH weekly update. ETH is continuously falling since April month and we got 10 consecutive red candles in the weekly time frame.
So what we can expect now? A bounce is incoming or do we see more red candles?
Well, I'm expecting a green weekly candle sooner or later. Here's why?
1) Price is forming a falling wedge-like structure in the weekly time frame and slowly heading towards the lower trendline of the wedge. So after touching the lower trendline of the wedge we can expect a good bounce.
2) EMA200 is also in conflict with the lower trendline which gives us more hope of a bounce.
3) RSI is also forming a falling wedge and is currently at the lower trendline.
4) If in any case, it does not hold the ema200 then we might see a fake down move and it might test the previous ATH which is at around the $1400 level.
So by all these possible scenarios, we can expect a reversal soon in ETH, and as you know most of the Alts will follow ETH so we might see a good Altseason soon.
I'm expecting a reversal in the market by late June or mid-July. All we have to do now is patiently wait for the right time to enter in Alts.
This is not a piece of financial advice. This is a possible scenario according to the previous data and some indicators.
What do you think about this?
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TOTAL M.CAP IS AT DECISIVE POINT!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this TOTAL M.CAP update.
Total market cap is at crucial level now. It is forming a descending triangle pattern. Currently, it is at the lower trendline of the triangle. Previously, we saw a good bounce from this same level. So we can expect a bounce soon in the market it it holds this trendline.
if it breaks and close below the trendline then we will see more dump in the market. Keep an eye on next 4hr candle close.
What do you think about this?
Do you think we see a bounce in the market from this level or do you think that we see more dump.
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BTC: SHORT AND QUICK UPDATE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. First of all there is no need to be panic here. We have seen this kind of pump and dump from the past few days.
Now let's get to the chart.
According to the 4hr chart structure BTC is still holding the support of $28,800 and currently testing the lower trendline of the symmetrical trendline. We can expect a bounce from here.
As long as BTC stays above $28k there is no need to be panic. If any 4hr candle closes below $28k then it would be very bad and we might see another low of $24k-$26k
So keep an eye on next 4hr closing.
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BTC IS IN ACCUMULATION ZONE!! WAIT PATIENTLY!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update.
BTC has been in the accumulation zone for the last 28 days. It is in range-bound between $28-$32k. Once it breaks from this accumulation zone it will pump well.
It's also forming a symmetrical triangle-like pattern and currently, it is hovering near the lower trendline. It must bounce from here.
All we can do now is wait patiently and accumulate BTC and ETH.
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ETH SHORT TERM UPDATE! Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
ETH is in a retest phase after breaking out from the falling wedge in 4hr time frame. Currently, holding the support of $1800. Expecting a short-term relief rally from here.
ETH needs to hold the green box for a bounce from here. The main resistance level for ETH is at the $2000-$2100 level.
You can buy some ETH in the range of $1700-$1800 with the SL of $1699
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BTC: A PERFECT RETEST! NOW READY TO BOOUNCE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. BTC looks good as of now.
BTC is breaking out from the symmetrical triangle in the 8hr time frame and after the breakout, we got a perfect retest. And after this retest now it is ready to bounce.
If any candle closes below $29.5k then this retest process will become a fake move. But as long as BTC holds above $29.5k I'm expecting a good move from here.
You can also open a long position with an SL of $28,900
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ETH: READY TO GO $2500 AFTER A LITTLE CORRECTION!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
ETH is breaking out from the falling wedge pattern in 4hr time frame. Now it comes down to a perfect retest. After this successful retest, we can expect a good rally.
If we got a successful retest, then we see a 30% upside rally which takes us to the $2500 level. And as you know all the Altcoins depend on ETH move so when ETH moves to the upside after this correction all the Altcoins will follow.
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