BTC: BREAKS ABOVE $31K, WHAT'S NEXT?Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. What an amazing daily close we get after a long long time. BTC daily candle closes above the $31.5k level which is very good for bulls.
As you see in the chart, BTC breaks above the red resistance box which is a very good sign. Now BTC facing a small resistance at $31.8k and looks like we see some correction from here. So I'm expecting a correction up to $30.8k-$31k from here. After this little correction, we are all set to go $35k-$36k level.
This correction gives us a very good opportunity to take entry in Altcoins. Let's wait for the next few hours and see where it goes.
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ETH/USDT 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 trading inside a falling wedge-like structure in the 4hr time frame. Currently, it is trading near the upper trendline of the wedge. If it breaks out from here then we see a good rally in the whole market. On the other hand, if it again rejects from here then we go again to test the lower trendlime.
Wait for the clear break out before taking entry in Altcoins.
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BTC: ONCE AGAIN APPROACHING TOWARDS RESISTANCE LEVEL!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update.
BTC is bouncing nicely from the $28k support level once again and now trading above the $30k level. If we see the 10hr chart, looks like a symmetrical triangle is breaking out but still 7hours left in candle closing. So we have to wait for the candle close and break above the resistance level for further bullish movement.
Do not get excited by seeing this pump. IMO waiting for the break of resistance level is worth watching here.
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TOTAL M.CAP UPDATE! ARE THERE ANY CHANCES OF PUMP IN ALTS?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 M.cap is used in the reference of BTC and Alts. If Total M.cap pumps whole market starts pumping.
Total M.cap is still defending its crucial support level (Green box). We might see some more downside moves in the market and after that, we can expect a good pump.
As you see in the chart, Total M.cap forms a descending broadening wedge-like pattern in a 2-days time frame. So after hitting a lower trendline of the wedge we can expect some bounce across the board.
IMO it's better to wait for a few more days and some confirmation to take entries in Alts.
What do you think about this?
Do you also think we can see some more downside movement in the market and pump after that or do you have any other view?
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BTC: BEARISH PATTERN! IF LOOSE THE SUPPORT TARGET WILL BE $21K!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. BTC is not looking good. It is hovering near the support for the past few days and every upside move is rejected by bears. Looks like bears are in full control.
In the 8hr time frame, BTC formed a bearish pennant-like pattern. It's already broken down from the pennant. But the last hope for bulls is the green support box. BTC is still holding this green support zone ($28k-$30k) for the last few days. If we get a close below $28k will confirm the downtrend and then we see a 30% move to the downside which will lead the price to the $21k-$22k level.
Let's see this BTC can hold this support or break.
What do you think about this?
Do you think BTC is bouncing from here or do you think that we see a $21k-$22k level in a few days?
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BTC: STILL HOLDING SUPPORT! HOPE FOR A BOUNCE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. As we told you in our previous update that it might be a fake-out and told you to put SL in all your long positions. Hope you listened and save your money.
Now, BTC again came back inside the triangle. The good thing is that it's still holding the support level so far and as long as it's holding the support we can expect a bounce and if BTC again breaks the triangle then this time surely it would be a clear breakout.
You can open a long position of BTC here with the SL of $28,400
Let's see how things go.
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WOO/USDT LONG SCALP SETUP!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this WOO/USDT TRADE setup. WOO looks bullish here.
WOO is breaking out from the ascending triangle pattern. Expecting a 40-50% bullish move from here. Buy some now and add more in the dip.
Entry range:- $0.215-$0.22
Target1:- $0.242
Target2:- $0.264
Target3:- $0.288
Target4:- $0.314
SL:- $0.202
Use low leverage 4x-6x
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MTL/USDT LONG SETUP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this MTL/USDT TRADE setup. MTL looks bullish here.
MTL is breaking out from the ascending triangle pattern. Expecting a 50-60% bullish move from here. Buy some now and add more in the dip.
Entry range:- $1.48-$1.52
Target1:- $1.72
Target2:- $1.94
Target3:- $2.16
Target4:- $2.38
SL:- $1.40
Use low leverage 4x-6x
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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 trading inside a symmetrical triangle pattern in the 4hr time frame. Currently, it is reaching towards the major resistance line of triangle. If it breaks and close above the triangle ($2072) level then we can see a 14-15% pump in ETH.
On the other hand if we get the rejection from here then it might cam again to test the lower trendline of the triangle.
Let's see we will get a clear breakout this time or not.
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BTC: BREAKOUT OR JUST ANOTHER FAKEOUT? Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. BTC is trading above $30k.
BTC is breaking out from the symmetrical triangle and currently retesting it. After this successful retest, we might see a good upward rally.
The important thing to remember here is that we have seen a false breakout many times in recent days. Every time BTC did a break out it turned out to be a fakeout. So if you open any long position then keep your stop losses tight.
What do you think about this?
Do you think that we have seen a bullish rally from here or this is just another fake-out?
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CELR/USDT LONG SETUP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this CELR/USDT TRADE setup. CELR looks bullish here.
CELR is breaking out from the ascending triangle in the 4hr time frame. Currently, it is retesting. Long some now and add more in dip.
Entry range:- $0.1876-$0.01926
Target:- 40-50%
SL:- $0.018
Use low leverage 4x-6x
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ALTPERP UPDATE! ALTCOINS WILL PUMP MORE IF?Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ALTPERP INDEX update.
ALTPERP is looking good here. It is forming a symmetrical triangle in the 4hr time frame where breakout is still pending. If we get a proper breakout with good volume then we have seen a good pump in Altcoins in upcoming days.
I have already shared some Altcoins (Link given below) and try to share some more setups today. Looks like we have seen a mini Alt season in upcoming days.
Invalidation level:- If 4hr candle close below $2174 level.
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GAL/USDT TRADE SETUP! 80% PROFIT POTENTIAL!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this GAL/USDT TRADE setup. GAL looks bullish here.
GAL is breaking out from the descending triangle like pattern in 4hr time frame. However, there is still few hour left in candle closing but IMO you should buy some here and add more if it dips.
Entry range:- $6-$6.3
Target:- 80-100%
SL:- $5.70
Buy on spot.
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ALPHA/USDT LONG SETUP!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ALPHA/USDT TRADE setup. ALPHA looks good here.
ALPHA is breaking out from the descending triangle in the 4hr time frame. Expecting a big move from here. Buy some now and add more in dip.
Entry range:- $0.15-$0.16
Target1:- $0.178
Target2:- $0.194
Target3:- $0.226
Target4:- $0.242
SL:- $0.14
Use low leverage 4x-6x
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ETH: WEEKLY UPDATE! LINE CHART!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
Why ETH can pump in upcoming days?
1) ETH is forming a falling wedge like structure in the weekly time frame and currently trading near the lower trendline of the wedge.
2) The main support level for ETH is at $1700-$1900 level
3) RSI is also forming a big falling wedge and looks like it might go to test the lower trendline in next few days. After touching it we can expect a good bounce.
4) Breaking below the falling wedge and everyone thinks that it's over but in actual it turned out to be a trap and ETH moving an upside rally again.
As you now all the altcoins follow ETH price action so when ETH starts it's rally we have seen a mini Alt season as well. Till now wait patiently and try to accumulate good coins in dip.
What do you think about this?
Do you think we can see a good relief rally in ETH and Alt coins or do you it will continuously dumping.
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BTC: BREAKOUT WILL DECIDE THE NEXT MOVE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. BTC is rejected from the $30,500 level (Upper trendline of the channel and made a low of $28,700 level.
BTC is trading inside a symmetrical triangle pattern in the 4hr time frame where the breakout is still pending. If BTC breaks out from the triangle then our short-term target is $33k-$34k or if BTC breaks down the triangle then our target will be $25k-$26k level.
So overall it's better to wait for the clear move and decide where it wants to go.
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BTC: $32K NEXT, HERE'S WHY?Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update.
BTC made a low of $28,700 and now I'm expecting an upside movement.
BTC is forming a descending broadening wedge pattern in the 4hr time frame. If this pattern plays out perfectly and holds the $28,700 level then we can expect it to reach the upper trendline of the wedge.
You can also open a long position here with the tight SL of $28,500 and target will be $32k-$33k
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BITCOIN DOMINANCE UPDATE! SHOULD HOLD YOUR ALTCOINS OR NOT?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 trading inside a channel in the weekly time frame. Currently, it is rejecting from the upper trendline of the channel. If we get a rejection from here then we will see a relief rally in Altcoins.
If Bitcoin dominance breaks above this channel and any weekly candle closes above 45.20 level then we will see another crash in Altcoins.
Here is a simple plan you must follow:- You can buy some good altcoins with the tight Stop loss and keep a close eye on Dominance. If we get a weekly close above 45.2 then exit from all Altcoins.
What do you think about this?
Do you think we will see a relief rally in Alts from here or we will another crash in Alts?
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JASMY/USDT TRADE SETUP! BREAKOUT!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this JASMY/USDT TRADE setup. JASMY looks good here.
JASMY is breaking out from the falling wedge-like structure in 6hr time frame. After the breakout currently it is going for a retest. After this successful retest, I'm expecting a bullish rally. Buy some now and add more in the dip.
Entry range:- $0.013-$0.0145
Target1:- $0.0166
Target2:- $0.0194
Target3:- $0.0232
Target4:- $0.0268
SL:- $0.012
Buy this on spot or you can also use low leverage according to your risk.
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BTC: $35K OR $26K? WHAT'S NEXT?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 post, I showed you that BTC is forming an inverse head & shoulder pattern and we got the breakout but it didn't go according to the pattern. This is just because everyone is talking about the same pattern (Inverse H&S) and market makers never want that more than 90% of people are right so they manipulate the price action. So we have to be extra cautious at this time.
Now let's get to the chart.
BTC is forming a rising wedge-like pattern in 4hr time frame. The direction of the breakout will decide the next move of BTC. If BTC breaks out (Break and close above $31.5k) from this wedge then our target is $35k or if BTC breaks down (Break and close below $29.5k) from this wedge then our target should be $26k
Let's wait for the breakout or breakdown then we will decide our next move.
What do you think about this?
Do you think we go to $35k from here or $26k?
Share your views in the comment section.
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SAND/USDT LONG SCALP SETUP!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this SAND/USDT TRADE setup. SAND looks good here.
SAND is breaking out from the cup and handle pattern in 1hr time frame. After the breakout retest is also done. Long some now and add more in the dip.
Entry range:- $1.34-$1.38
Target1:- $1.46
Target2:- $1.58
Target3:- $1.76
Target4:- $1.90
SL:- $1.28
Use low leverage (4x-6x)
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BNB:TRADE SETUP! INVERTED H&S BREAKOUT!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BNB update. BNB looks good here.
BNB is breaking out from the inverse head&shoudler pattern in the 3hr time frame. After breaking out of the neckline, currently, it is retesting. After this successful retest, I'm expecting a good pump. Open a long position here and add more in dip.
Entry range:- $294-$302
Target1:- $320
Target2:- $344
Target3:- $378
Target4:- $404
SL:- $285
Use low leverage (4x-6x)
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BTC: SHORT TERM PLAN! BULLISH OR BEARISH?Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. BTC is still in a confusing situation where I'm trying to explain whether it pumps from here or dump.
Let's get to the chart.
Bullish Scenario:- According to the chart, BTC is forming an inverse head&shoulder pattern in 2hr time frame where the breakout of this pattern is still pending. If we get the breakout of the neckline then my target is $35.5k
Bearish Scenario:- At the same time, BTC is also forming a symmetrical triangle pattern if we breakdown below the lower trendline of the triangle then we might see more dump in BTC, and then my target for BTC is $25k
So what should we do now? We should wait for the breakout or breakdown. If we get a breakout from the Inverse H&S pattern then we took some long positions or if we get the breakdown from a symmetrical triangle then we took some short positions. As simple as that.
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