ETH POSSIBLE SCENARIO!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
ETH is once again getting rejected from its main resistance level which is at the $1280 level. ETH is forming an ascending triangle pattern and trading inside it. I'm expecting a breakout of this triangle sooner or later.
My strategy is to accumulate ETH in the range of $1100-$11050 and hold it till $1800
As of now, it's better to wait and watch out for the levels carefully.
Invalidation level:- If we get a close below this triangle then simply exit.
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BTC: IS IT READY TO TEST $28K?Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. BTC is going well so far and perfectly following our previous analysis. Currently, trading above the $22k level.
Now, let's get to the chart.
BTC is forming an Adam & Eve pattern in a 12hr time frame and currently trying to break the neckline which is at the $21,800 level. For a bullish scenario, BTC needs to break this neckline and also the resistance at the $22.5k level. If we get a close above the 22.5k level then you clearly see that there is no major resistance till the $28k level.
Also, keep in mind that if again close below the $21.8k level then we might see again the $20k level so play accordingly now.
IMO it's better to wait for a close above the $22.5k level for opening any new position.
What do you think about this?
Do you think we break the $22.5k resistance and head towards the $28k level or do you think that we again see a dump?
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#BTC: CONSOLIDATION GOING ON! EXPECTING A UPWARD RALLY SOON!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update.
BITCOIN strong consolidation going on at $20k level, this can't go on forever, triangle primed to break to upside or downside. But RSI is printing bullish divergence though.
BTC going above $21,800 makes a higher high, and going below $18,800 makes a lower low, and the next move likely sets the direction forward.
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ALTCOINS BULLISH RALLY AHEAD IF? Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this Total3 market cap update. Total3 generally indicates the market cap for all Altcoins excluding BTC and ETH.
Now let's get to the chart.
Total3 is forming an inverse head and shoulder pattern here where the breakout of the neckline is still pending.
Once it breaks the neckline we will see a pretty good rally in Altcoins.
I'm expecting a bullish rally in Alts in the month of July and August. All i"m waiting for is to break this neckline. Let's see how it goes.
What do you think about this?
Do you also think that we might see a good rally in Alts in the month of July and August?
Share your views in the comment section.
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USDT DOMINANCE READY TO FALL! BULLISH 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 is looking in favor of BTC now. Currently, it is breaking down from the triangle pattern in 4hr time frame and now retesting the triangle. After this successful retest, we can expect a good drop-in USDT Dominance. As you know USDT Dominance is inversely proportional to the BTC, so we might see a good rally in BTC and Alts in the month of July.
If this pattern plays out successfully then we see $26k-$28k for BTC on board in the month of July.
Invalidation Level:- If USDT Dominnac breaks above the triangle (8.0 level) then this bearish pattern will be invalidated and we might see a new low in BTC.
What do you think about this?
Do you think that we might see a bullish rally in July month or do you think that we see a new low this month?
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BNB/USDT TA UPDATE! MUST ACCUMULATE IT FOR NEXT BULL RUN!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BNB update.
BNB is a high potential coin for the next bull run. Must keep it in your portfolio.
Now let's get to the chart.
BNB looks good in the weekly time frame. Holding a very important support level in the weekly time frame. $180-$220 is a very good support for BNB and I'm expecting it to hold this level. Accumulate BNB in this range is highly profitable and less risky. Because if in any case BNB closes below $180 support then you have to simply close your position.
It is also forming a big triangle. If it breaks the triangle we seen a big 300% move from BNB.
IMO it must be in your portfolio. Do not miss it. It can give you a very good returns in the next bull market.
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BTC: POSSIBLE SCENARIOS! 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 consolidating in the same range from the last 48 hours. Looks like someone tap the pause button for bitcoin.
According the chart, BTC is trading inside a channel and as long as it holds inside the channel we can expect a bounce. Breaks out of yellow line will give us the confirmation.
If any candle close below the channel then we see a dump again and I'm ready to short the market again.
So as of now we have to wait for the confirmation of bullish or bearish scenario. I'll keep you guys updated here.
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ETH: BEARISH PENNANT IN LTF! 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. Forming a bearish pennant pattern in 1h time frame where breakdown of pennant is still pending. Once it breaks down from this pennant we can expect a dump.
Invalidation level:- If any hourly candle close above the pennant will invalidate this chart.
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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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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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