ETH: RETEST IS IN PROGRESS AFTER THE BREAKOUT!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH/USDT update.
ETH is breaking out from the falling wedge pattern and currently going for a retest. After this successful retest, it is ready to pump.
As you know Altcoins also depend on ETH so while ETH is retesting so many altcoins also retest and that will be the best opportunity to grab some.
You can also long some ETH in the range of $2800-$2880 with low leverage and with the SL at $2650
Sharing some Altcoins setups when this retest is complete.
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VET/USDT TRADE SETUP! BULL FLAG BREAKOUT!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this VET/USDT TRADE setup. VET looks good here for a good upside potential rally.
VET is breaking out from the bull flag-like structure in the 8hr time frame. Expecting a 90-100% move to the upside here. Buy some now and add more in the dip.
Entry range:- $0.050-$0.054
Target1:- $0.062
Target2:- $0.074
Target4:- $0.084
Target4:- $0.096
SL:- $0.044
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ZIL/USDT TRADE SETUP! BOUNCING AFTER THE PERFECT RETEST!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ZIL/USDT TRADE setup. ZIL looks good here for a good upside potential rally.
ZIL had done a more than 70% correction after the recent pump. That whole correction is just a retest after the breaking out from the big falling wedge in 2day's time frame. Now after this successful retest it is again ready to pump.
Buy some now and add more in the dip.
Entry range:- $0.07-0.08
Target:- 250-300%
SL:- $0.062
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USDT.D BREAK DOWN! 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.D looks bearish here.
USDT Dominance is breaking down from the rising wedge-like structure. Looks like it is ready to fall from here.
As you know USDT Dominance is inversely proportional to the BTC. So if USDT.D falls so we can expect a rise in the price of BTC.
I'm expecting a good positive rally in the market for the next two weeks. BTC chart (Posted earlier) also indicates the same thing. If you did not read that update then check it out (Link given below).
What do you think about this?
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IMX/USDT LONG SCALP SETUP!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this IMX/USDT TRADE setup. IMX looks good here.
IMX is breaking out from the broadening wedge pattern and a retest is also done. Expecting a 25-30% move to the upside. Long now and add more in the dip.
Entry range :- $1.54-$1.62
Target1:- $1.68
Target2:- $1.76
Target3:- $1.84
Target4:- $2.0
SL:- $1.46
Use low leverage (4x-6x)
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IS THIS THE RIGHT TIME TO LONG ALTS? ALTCOIN INDEX UPDATE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ALTPERP INDEX update.
ALTPERP INDEX is at an important level of support. We have seen a bounce from this area multiple times. So If we go for some long positions here then the risk is very low and reward is high.
Also, Altperp is trading inside a falling wedge-like structure. If we break this wedge then we can expect a good pump in Altcoins. The same falling wedge-like structure formed previously and after the breakout, we have seen a 25% move to the upside. So I'm expecting the same this time also.
Do not long anything at CMP (Current market price). I'm still expecting the last drop in BTC and Alts. We might have some wicks below the support zone so that would be the perfect area to pick some long position.
Invalidation Level:- Any daily candle closes below 2950
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ETH: WAIT FOR BREAK THIS BEFORE PRESSING LONG OR SHORT BUTTON!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH/USDT update.
ETH is bouncing nicely from the lower trendline of the wedge. Now it is moving towards the breakout point. If ETH breaks and close above this wedge then we see some good movement in ETH and Altcoins.
If it again rejects from the wedge breakout point then we might see another lower low.
So it's better to wait for some confirmation to enter in any trade setup.
We will be posting some Long or Short trade setup after we got the confirmation.
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BTC: STILL INSIDE THE FALLING WEDGE! WAITING FOR A BREAKOUT!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC /USDT 4hr update. In my previous BTC update I clearly told you that if BTC does not break the falling wedge then we can see $37.8k soon (Link given below do check it out).
BTC made a new recent low of around $37,400. Currently, it is once again reached the lower trendline of the wedge and bouncing from there. Also, RSI is printing a bullish divergence.
Let's see in this bounce we will be able to break this falling wedge or not?
Break this falling wedge will bring a new positive rally towards $44k-$45k in the market.
Invalidation level:- Close below $36.8k
What do you think about this?
Do you think we will see a good bounce from here or do you think that we see more dump?
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USDT.D UPDATE! ONCE AGAIN ON DECISIVE MODE!!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 once again looks scary here. Break and close above this channel will bring more dump in the market.
USDT.D forming a bullish rectangle pattern in the daily time frame. If we break and close above this rectangle pattern then we see more dump in the market. Still we have few hours left for the weekly close.
Let's see will it break this time or we see another rejection from the resistance.
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LOOKS/USDT TRADE SETUP! 400% PROFIT EXPECTED!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this LOOKS/USDT TRADE setup. LOOKSRARE is an NFT market place which is far better in comparison to the Open sea.
LOOKS is forming a symmetrical triangle pattern in a 10hr time frame. Currently, it is hovering near the lower trendline of the triangle. Bounce is expected from there. Once it breaks the triangle then a real rally begins.
If it breaks below the triangle then we will close in little loss. So overall it's a low-risk and high reward trade setup.
Entry range:- $1.4-$1.5
Target1:- $1.92
Target2:- $2.92
Target3:- $4.20
Target4:- $7.0
SL:- $1.26
Soon expecting it to be listed on BInance.
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WABI/BTC REQUESTED CHART UPDATE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this WABI/BTC TRADE setup. WABI is on the very important support. Either it make it from here or break it.
WABI is forming a bull flag like structure in the weekly time frame. But still it is not break the flag. Currently, it is at a very important support level. Buying here will be very low risky and high rewardable.
Entry range:- 200-222 sats
Target:- 400-500%
SL:- If any weekly candle closes below 200 sats then I'll exit.
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BTC BULLISH RALLY MIGHT START FROM NEXT WEEK! HERE'S WHY??Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this important BTC and Dollar index comparison. Dollar index is inversely proportional to the BTC.
We might see a bullish rally in BTC from next week. Here's the reason.
As you see in the chart of DXY, it is reaching its major resistance level which is at around 103 level. Previously two times we saw the rejection in the Dollar index exactly at this same level.
While the Dollar index gets rejected a new bullish rally starts in BTC. So if we get the rejection from the same level this time also then we witness another bull run of BTC.
Invalidation level:- If DXY breaks and closes above the 103 level (Any weekly candle) then this chart becomes invalid.
Let's hope that we got the rejection this time also and we see a new bull run of BTC.
What do you think about this?
Do you think DXY gets rejected from the resistance and we see a bull run or do you think that it breaks the resistance level this time?
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USDT.D UPDATE! A RELIEF RALLY INCOMING SOON IN THE MARKET!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this USDT DOMINANCE update.
Why, I'm expecting a relief rally in the market? Here's the reason-
1) USDT Dominance is trading inside a channel in the 8hr time frame. Currently, it is rejecting from the upper trendline of the channel which is a good sign for the market.
2) Last two times it's got rejection from the same level so I'm expecting the same this time also.
3) It is forming a bearish divergence in RSI.
If we get the prefect rejection from here then we have an important support level at 4.30-4.44 level (BTC $44k-$48K) which is a very crucial level. If we break this support level then we expect a big pump in the market.
Let's see how this goes.
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ALTPERP INDEX UPDATE! A RELIEF BOUNCE INCOMING FOR ALTS!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ALTPERP INDEX update. ALTPERP INDEX is basically used for perpetual coins (Futures trade).
ALTPERP is forming a falling wedge like structure in 4hr time frame. Also, holding an important support level (green box) so far. Currently, it is bouncing from the lower trendline and showing some strength. Expecting a good bounce in altcoins soon.
I'll also sharing some good profitable altcoins setup soon. But remember do not trade without a stop loss and do not use high leverage.
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BTC: BULLS STILL IN CONTROL!! Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC /USDT update. What a beautiful daily close we got. My previous idea of the Head&Shoulder bearish pattern is invalidated and I feel no shame to accept it. I don't say like other people that I'm absolutely right every single time, I also made some mistakes and I have no shame to accept them.
Now, let's get to the chart first.
BTC is still maintaining inside the same channel and holding the $39k support in the daily time frame very well so far. Yesterday we got a beautiful daily close above $40k
Now, BTC has to break the resistance 1 which is at the $41.5k-$42.5k level, and also there is a 50D MA. If we get a successful close above resistance then we are all set to test our resistance 2 which is at the $46k-$48k level.
Invalidation level:- Daily close below $39k
What do you think about this?
Do you think we can see $48k soon on the board or do you think this is just a fake pump?
Share your views in the comment section.
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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 BTC /USD 4hr update.
BTC once again starts dumping and does not hold above the $40.5k level. Now in the 4hr time frame BTC forming a falling wedge pattern. So it must bounce from here.
If we break and close below $38,200 then ready for more dip.
You can also take a long position here with the SL of $38k
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GMT: BREAKOUT! READY TO GO $5!!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.
GMT is breaking out from the bullish pennant pattern in the 4hr time frame. Expecting it to reach $5 soon. Buy some now and add more in dips.
Entry range:- $3.25-$3.40
Target1:- $3.70
Target2:- $3.92
Target3:- $4.44
Target5:- $5
SL:- $3.06
Use low leverage 2x-4x
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GALA/USDT TRADE SETUP! ABOUT TO BREAK!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this GALA/USDT TRADE setup. GALA looks good here.
GALA is trading inside a symmetrical triangle in 1hr time frame. Once it breaks the triangle expect a 10-12% pump. Long now and add more in the dip.
Entry range:- $0.187-$0.189
Target:- 10-12%
SL:- $0.182
Lev:- 10x-20x
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ETH/USDT: BULLISH FALLING WEDGE FORMATION! Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH/USDT update. ETH looks good in LTF.
ETH is forming a falling wedge pattern in a 4hr timeframe which is a bullish pattern. All we need is a breakout. Currently, it is holding above 50 MA and moving in the green box.
IMO you should buy it after the confirmed break out of this wedge because if it got rejected again then we might see it again at around $2800. So it's better to wait for the confirmation.
Local support:- $2960
Local resistance:- $3060
Strong support:- $2750-$2800
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BTC: BEARISH PATTERN! STAY ALERT!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC /USDT update. BTC is not looking good here.
Let's get to the chart first.
BTC is making a head&shoulder pattern in an 8hr time frame which is usually a bearish pattern. It also breaks down the neckline of the head&sgoulder pattern and currently retesting it. After this retest, we can expect more dump.
BTC has important support at the $36.5k-$37.5k level. Either we get bounced from there or if not then it falls more and we might see $30k according to this pattern.
Also, if you see a daily chart of BTC then you see that BTC is forming a bearish flag pattern in the daily time frame which has not broken down yet. If any daily candle closes below $39k then it will be very bad for the overall market.
What do you think about this?
Do you also think we can see more dump from here or do you think that BTC starts pumping from here?
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FET/BTC: READY FOR A BULLISH MOVE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this FET/BTC TRADE setup. FET looks good here.
As I updated in my previous BTC Dominance chart that BTC.D looks bearish and ready to fall so Altcoins in BTC pair can pump well. So far my prediction goes accurate and many altcoins which I shared already in good profit(you can check link given below).
FET breaking out from the bull flag like structure in 2days time frame. I'm expecting a 200-300% pump from here.
Buy some here and add more in dips.
Entry range:- 940-1040 sats
Target1:- 1400 sats
Target2:- 2000 sats
Target3:- 2600 sats
Target4:- 3600 sats
SL:- 840 sats
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USDT DOMINACE BREAKOUT! BTC IS IN DANGER!!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 does not look good here.
USDT.D breakout from the inverse head&shoulder pattern in an 8hr time frame which is a bullish pattern. And you know when USDT Dominanc pumps all the crypto market BTC and Alts starts dumping. This is not a good sign for a cryptocurrency market.
Although still, we have two resistance levels 4.90 and 5.22 from there we can expect a reversal. If USDT.D breaks the 5.22 level then it's really really bad for BTC. Stay cautious with your trades and keep your stop losses tight until we get any bullish confirmation.
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U.S. DOLLAR INDEX LOOKS BULLISH! NOT GOOD FOR BTC!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this important update on the U.S. Dollar index. Of course, BTC is an independent asset class but it is somehow correlated with the U.S. Dollar index. Bitcoin has a negative correlation with the U.S. Dollar index. In other words, when the U.S. dollar rises, then, as a rule, BTC tends to fall. I’ll also add that there is rarely a positive correlation between BTC and the U.S. dollar.
Now, let's go to the chart.
Here I show you a chart of the U.S. Dollar index in the 2-week time frame.
As you see in the chart, it is forming an Adam&Eve pattern where breakout and retest are already done. After the successful retest, it is continuously going up.
It has strong resistance at around 103 level which is not broken since 2000-2001. The last time the U.S. Dollar index was traded above the 103 level was in 2000-2001. So if we broke above that level this time then it is very bad for the cryptocurrency market.
As of now, BTC is holding crucial support of $39k. Few hours left for the weekly close. If we get the weekly close below $39k then things become ugly. So my advice is to stay aside from the market for a while. Wait for some confirmation is the much better option here.
Let's see how we get the weekly close.
Hope I'll clear all your points and you understand the relation between the U.S. Dollar index and BTC.
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