ETH: AT RESISTANCE! STAY CAUTIOUS!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
ETH did quite a good rally in recent days and currently trading above $1700 level.
According to this 1day chart, ETH is facing horizontal and trendline resistance confluence here. We need to break above this resistance for a further bullish rally in the market. RSI is also facing resistance and in overbought zone.
So what's the plan here?
1st scenario:- I'm buying ETH at pullback around $1550-$1600 level only if it holds.
2nd scenario:- If ETH gives a breakout from here without any pullback then I'm buying with the target of $2300-$2500
As of now I'm waiting patiently for either a breakout or a pullback.
Hope this chart will help you. If you have any queries or ideas then share in the comment section.
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BTC: EXPECTING A HEALTHY PULLBACK FROM HERE BEFORE NEXT LEG UP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update.
BTC is pumping hard after the fed announcement of 75bps hike rate.
After the news BTC breaks out from the descending channel and currently trading above $23k level. Now I'm expecting a retest from here which is much needed for a healthy upside movement. I'm expecting the price came back to $22k level and after that we see a good upside movement.
If it continuously pumping without any retracement then this pump is definitely wrong and we dump hard on weekend.
Let's see how this goes in the next few hours.
What do you think about this?
Do you also think that we see a pullback from here or do you think that it will continue pumping?
Share your views in the comment section.
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ETH UPDATE! BOUNCE FROM WHICH LEVEL??Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
ETH is perfectly rejected from the yellow trendline and continuously going down from there.
ETH might bounce from $1250 level. Here's why?
1) Previous accumulation zone for ETH is $850-$1250 and after the break out we haven't seen a retest yet of $1250 level.
2) Strong support of 0.618 fib level.
3) 50D ma strong support also.
So, there is high chances that we see a good bounce in ETH from $1250 level. If it's unable to hold the $1250 level then we might see more low.
What do you guys think about this?
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GMT/USDT SHORT SCALP SETUP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this GMT/USDT trade setup.
GMT looks good here for short. Breaks down from the head and shoulder pattern and currently trying to retest the neckline. Open a short position here and add more to the upside.
Entry range:- $0.89-$0.91
Target1:- $0.86
Target2:- $0.82
Target3:- $0.78
Target4:- $0.74
SL:- $0.94
Use leverage 5x-10x
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BTC UPDATE! HOW LOW BTC CAN GO FROM HERE??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 dropping from the $24k resistance level and liquidate the most of the traders who opens a long position after seeing the break out. This is how market makers playing with retail traders. If you wants to earn money in this market you have to think like a whale. We clearly told you about this rejection in our previous update. Hope you listen and save your hard earned money.
So what's next?
Now the scenario is that BTC is back inside the triangle after giving a fake break out so there is high chances that BTC might test again the lower trendline of the triangle which is around $20k-$20.4k level. If BTC holds the lower trendline of the triangle and bounce from there then this time we see a real break out and BTC might pump again.
But the main concern here is Fed FOMC meeting which is held on 27th July so if we got some negative results then market might take more dip. Let's hope for the better.
As of now it's better to wait for the FOMC meeting results. After that we see some positive movement in the market.
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BTC: IS THE CORRECTION OVER?Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update.
BTC is in correction stage after the rejecting from $24k resistance level. So now the question is that this correction is over?
Well, I don't think so. This move is looks like a retest to me. Until and unless BTC did not give a close above $23,400 things are uncertain. I'm still expecting BTC to hit $21.5k level and after that we get a good bounce.
Next week on 26th-27th we have a FOMC meeting so we might see some fake outs or fake downs so stay cautious. Also, tomorrow is weekly close. Let's see how we get a weekly close.
If you want to open a long position then set your limits between $21k-$21.5k level with the SL of $20.8k
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RUNE/USDT TRADE SETUP! READY TO PUMP 100%!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this RUNE/USDT trade setup.
RUNE looks good here. Breaks out from the big symmetrical triangle in 6hr time frame. Expecting a big move to the upside from here.
Entry range:- $2.34-$2.44
Target1:- $2.72
Target2:- $3.02
Target3:- $3.44
Target4:- $4.44
SL:- For leverage ($2.22)
For spot ($2.00)
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RLC/USDT LONG SCALP SETUP! Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this RLC trade setup.
RLC looks good here. Breaks out from the bullish descending broadening wedge pattern in 2hr time frame. You can open a long position here with the tight stop loss.
Entry: At CMP and add more up to $0.94
Target1:- $0.99
Target2:- $1.04
Target3:- $1.08
Target4:- $1.14
SL:- $0.90
Lev:- 5x-10x
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ATA/USDT LONG SETUP! READY TO PUMP 70% FROM HERE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ATA/USDT trade setup.
ATA looks good here. Breaking out from the triangle in an 8hr time frame. Expecting a good rally from here. You can buy some here and add more in the dip.
Entry range:- $0.17-$0.18
Target1:- $0.192
Target2:- $0.220
Target3:- $0.244
Target4:- $0.284
SL:- $0.157
You can buy on spot or use low leverage(2x-4x)
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ALTS WILL PUMP SOON AFTER A LITTLE PULLBACK!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this Alt M.cap AKA Total3 update.
Alt m.cap is trading inside a symmetrical triangle in the daily time frame and currently facing some resistance as the triangle's upper trendline. I'm expecting some pullback from here. I'm not opening any long positions now. Either I'm waiting for a pullback or if it breaks out from here, I'm taking some long positions.
Let's see how this goes.
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CHR/USDT 160% PUMP INCOMING! BEST BUY ZONE..??Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this CHR/USDT trade setup.
CHR looks good in the daily time frame. Breaks out from the falling wedge pattern. RSI also shows bullish divergence and a breakout. Buy at the retest level.
Entry range:- $0.165-$0.190
Target1:- $0.22
Target2:- $0.27
Target3:- $0.32
Target4:- $0.42
SL:- $0.15
Buy only on spot and hold it.
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GRT/USDT BREAK OUT! READY FOR A 70% MOVE TO UPSIDE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this GRT/USDT trade setup.
GRT looks good in the daily time frame. Breaking out from the falling wedge-like structure. Accumulate this and hold for a big profit.
Entry range:- $0.110-$0.118
Target1:- $0.134
Target2:- $0.160
Target3:- $0.18
Target4:- $0.20
SL:- $0.102
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ETH IS AT RESISTANCE! IF BREAK THEN BE READY FOR MINI ALTSEASON!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
ETH is bouncing well from the $1000 level and is currently trying to break its crucial resistance level. If ETH successfully breaks this resistance level then be ready for a mini Altseason. However, we have to wait for the candle to close above the resistance level.
If ETH successfully closes above the $1280 level then the next resistance for ETH is at $1500 and $1700
Do you think that it successfully breaks above the resistance this time?
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SHIB/USDT READY FOR A 70% MOVE TO THE UPSIDE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this SHIB/USDT trade setup.
SHIB is breaking out from the neckline of the inverse head and shoulder pattern. It breaks out after the 2months consolidation. I'm expecting a big move soon. Buy some now and add more in the dip.
Entry range:- $0.0115-$0.0123
Target1:- $0.0138
Target2:- $0.0162
Target3:- $0.0180
Target4:- $0.0196.
SL:- $0.0108
Buy on spot or you can also use low leverage (2x-4x) according to your risk management.
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BTC: READY FOR $28K!! ANY DIP FROM HERE IS A BUYING OPPORTUNITY!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update.
BTC doing pretty well and following the ETH pump now. Breaking out from its most crucial resistance level of $23k
So what's next?
BTC has already broken out from the triangle and a retest is also done. Everyone in the market is waiting for a dip but you know BTC didn't give this chance so easily. If we got any dip from here is a good buying opportunity.
As long as BTC stays above the $21.5k level buy at every dip if you get. What I'm expecting here is BTC is again pumping up to $24k-$24.5k and then it came for a retest of $22.5k level.
Let's see how this goes.
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TOTAL M.CAP UPDATE! MARKET IS READY TO PUMP 20-40%....Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this Total M.cap update. After a long time, the total m.cap reached around $1T and it looks like it will be ready to pump more from here.
Total M.cap breaks an important resistance level which is around $950B and after breaking this resistance we can expect a good pump in the market.
Our next two resistances are at the $1.16T and $1.34T levels.
For this pump, all we need is to hold the $950B support previously resistance.
IMO we might see greenery in the upcoming weeks. July and August months give us a nice bullish rally.
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BTC: STILL CONSOLIDATING!! BREAKOUT OR DUMP?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 consolidating inside the symmetrical triangle in 4hr time frame. It is also forming a rising wedge-like structure here. Here are two scenarios for BTC:
Scenario1 (Bullish case):- BTC will pump continuously from here and breaks out the triangle. If it breaks out from the triangle (break above the $23k level) then we see a bullish rally up to the $27k-$28k level.
Scenario2 (Bearish case):- BTC pumps a bit from here. It might test the $22k-$23k resistance level and again be rejected from the resistance level. If it breaks down the rising wedge again then we might see a dump towards $19k again.
So basically we have to wait for a clear breakout or rejection for further confirmation. Let's see how this goes.
What do you think?
Do you think this time BTC breaks the resistance level and is ready to go $28k or do you think that we again see the $19k level?
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USDT DOMINANCE BOUNCING FROM SUPPORT! BEARISH FOR CRYPTO MARKET!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this USDT Dominance update. As I told you in my previous USDT Dominance update that we have a very strong support at 7.0-7.2 level and it is exactly bouncing from this level.
USDT Dominance is already breaks out from the symmetrical triangle and this move to the downside is just a retest. After this successful retest we can expect a good bounce in USDT Dominance which is very bad for BTC and Alts.
For a bullish scenario it has to breaks below the triangle. Any 4hr candle close below 7.0 level will start a bullish rally in BTC and Alts. So keep a close eye on this and take trade accordingly.
What do you think about this?
Do you think it will continue bouncing from here or do you think that it will break below the support this time and we see a bullish rally in the market?
Share your views in the comment section.
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BTC: FORMING BEARISH PATTERN IN LTF! STAY CAUTIOUS!!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 rising wedge pattern in 1hr time frame which is generally a bearish pattern. Although, it is still inside the wedge but once it breaks below the wedge we can expect a drop up to $19k-$19.5k level.
Invalidation level:- If any hourly candle close above $21,200 then this chart becomes invalidated.
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SEE THIS BEFORE TAKING ANY LONG POSITION! ALTPERP UPDATE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ALTPERP update.
Here is the 3hr chart of Altperp. Altperp is a index which we can use while we trade in futures Altcoins.
As you see in the chart, Altperp is retesting the symmetrical triangle after the breakdown. After this successfully retest we can expect a drop in this index so we can see drop in Altcoins too.
So imo it's a bit risky to taking a long position here.
Invalidation level:- If it break above the triangle then this chart become invalidated.
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BTC: STILL NOT OUT OF DANGER!!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 from the $19k support pretty well as we told you in our previous update.
BTC is still trading inside a bear flag and currently trading near the middle line of the channel.
Scenario1:- If BTC got rejected from here then we again see it at $19k level.
Scenario2:- If BTC breaks this middle line of the channel (Breaks above $21k) then we see a rally to the upper trendline of the channel and we might see a rejection from there.
In short until and unless BTC did not break the $23k level we don't expect a rally. If BTC breaks down this bear flag then be ready for a new low.
Let's see how this goes in the next few hours.
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USDT DOMINANCE IS AT SUPPORT! WHAT TO DO HERE? LONG OR SHORT?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 is trading inside a symmetrical triangle and currently near the lower trendline. USDT Dominance needs to break the green support zone for further bullish rally on the market. If it again bounce from here then we see a dump in the market again.
So it's better to wait for a close below the support level before taking any long positions here.
It's a bit risky to open a long position here. IMO wait for the daily close is much better here. If you already have some long position then try to book some profits is a good idea here.
What do you think about this?
Do you think that it again bounced from here or it will break the support this time and we see a bullish rally in the market?
Share your views in the comment section.
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BTC: LAST HOPE 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 is continuously dropping after the rejection from the $22.5k resistance level. It is forming a bear flag in a 12hr time frame and currently hovering near the lower trendline of the flag. As long as BTC stays above this lower trendline ($19k) we can expect a bounce from here.
If in any case, it breaks down from this bear flag (Break below $19k) then be ready for another low.
Support:- $19k
Resistance:- $22.5k
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