Crypto Market Forecast: Slightly 🐂ish with Upside Potential 🌞Sunny conditions prevail in the global crypto market over the next 24 hours, as well as over a one-week horizon. ☀️
This translates into a slightly bullish market with upside potential. The various moves into the crypto sphere announced by traditional financial players over the past week are set to significantly boost demand for crypto assets and, ultimately, push up their prices. ☁️🌈
Stay up-to-date with the latest crypto weather forecast and market insights and follow us for more exciting updates! ⚡️📈🌐🔥💼
Cryptolevels
Ending of a Dramatic Week / Bitcoin ₿Quite the week for BTC.
1) A Buy Publishing was made last thursday at price $25,607
2) A Long Ethereum Publishing was made on Saturday at price $1,728
3) A Neutral Publishing was made on Tuesday at price $27,943
4) A Short Publishing was made Yesterday at price $29,318
Current Price is $30,177
BTC has been breaking zones to the upside and it is easy to understand that many players could be engaging in a chase with the market. I Choose patience and good Risk/Reward ideas over chasing the market and hoping that it will continue to rise. I can take a buy here but it's risky. Better to wait on a pullback. In the meantime I see good RR trade ideas. At the end of the day it comes down to the repetition of a process that has probabilities in your favor. And of course manging risk and cutting losses short when you are wrong.
Bright Skies and Bullish Potential in the Next 24 Hours? 🌞📈A slightly bullish market with upside potential lies ahead for the global crypto market in the next 24 hours and over a one-week horizon, according to the sunny outlook of ATTMO. ☀️
The ongoing crypto rally continued at full speed as the market was boosted by the positive remarks made by the Chairman of the Federal Reserve on cryptocurrencies overnight. Cryptocurrencies are an asset class with staying power, Jerome Powell said. 💪
The filing of three separate applications for spot Bitcoin ETFs also drives the rally. 📈
Stay tuned for more crypto updates and insights in ATTMO Times! 📰
Risk/Reward Bitcoin Setup ⛲Risk/Reward is the name of the game. In my scalping this morning I've taken 10 trades. I have gone on a losing streak of 10 trades in a row. After reading the books I've become aware that this is not unsual for a profitable system in the markets. I like the analogy of pulling marbles out of a hat. If you have an edge in the market then over the long term the marbles you pull out of the Hat will net you a positive R. However, in the short term you may pull out 10 marbles consecutively that do not net you anything. This is where trust in your experience and system will serve us as traders for a long time to come.
Technicals : Price has arrived at our monhtly supply zone 29,305$. Price is up 9ish percent over 2 days. The Market is not random and I'm aware of that. 8 4hr candles in a row is not common and that is a fact. Combining these confluences..
OCEANUSDT OCEANUSDT is in strong bullish momentum and seems like it is on the verge of breakout from resistance around 0.3720 region. If the instrument close above 03720 area , it will be nice buying option.
Bullish Trend Ahead with Positive Remarks and ETF Filing ☀️A slightly bullish market with upside potential lies ahead for the global crypto market in the next 24 hours and over a one-week horizon, according to the sunny outlook of ATTMO. ☀️
The ongoing crypto rally continued at full speed as the market was boosted by the positive remarks made by the Chairman of the Federal Reserve on cryptocurrencies overnight. Cryptocurrencies are an asset class with staying power, Jerome Powell said. 💪
The filing of three separate applications for spot Bitcoin ETFs also drives the rally. 📈
Stay tuned for more crypto updates and insights in ATTMO Times! 📰
Ninja Talks EP 20: The Book of Five RingsAs a martial arts enthusiast I found myself reading (again) my favourite book of all time, "The Book of Five Rings" by Miyamoto Musashi.
TLDR;
A 16th Century Samurai who had 64 duels to the death, never lost and wrote down all his techniques, thoughts and insights shortly before he died atop Mount Iwato.
Yeah I know, crazy, but true.
Anyway, I found myself reading this book again and I got to the chapter on Footwork where Miyamoto states something super important that relates to trading massively and something that will 100% help you in your finance career.
He said, "Tred strongly on your heels and allow leeway in your toes."
Essentially this is how I saw it as a trader.
The heel is the first principles of trading - aka the core fundamental rules you must follow to build your trading career.
The Toes are redundant techniques, noise, other peoples opinions, fake news and basically anything that isn't fixed, but constantly changing instead.
Here's how I see it, as traders we need to "Tred strongly on our First principles" and not get lost in frivolous escapades to find the perfect strategy - it doesn't exist, nor does it need to - because first principles are the building blocks of a successful career, not temporary dopamine Toes the majority of traders chase each day.
The first principles?
+ Psychology before, during and after a trade.
+ Win Rate
+ Risk
+ Reward
+ Entry/Exit technique(s)
+ Intuition (gained from experience, screen time and age)
+ Money Management and Compounding Tactics
+ Awareness (The core core)
Does this make sense Ninjas?
Operating from first principles allows you to focus on what's real and lasting, not things that are illusory and temporary.
That's all for this episode!
If you like this then consider giving a follow for more Ninja Talks.
Keep your blades sharp!
Nick
At least 2x coming for $SYS/USDTAfter my successful analysis for $PEPE/USDT, I took some profits from that trade and now I am going to invest in $SYS/USDT for the following reasons:
1. on the 28th of June there is going to be a new product of SYSLABS called Rollux, after launching this product there will be a buzz in the community, which will make the price go higher.
2. There is a nice bullish divergence, which you can also see on the screenshot.
3. After the market spike lately, sys stays calm, which makes me think that after the market calms down a bit, then sys will be the one making people talk about it.
Well, I indicate in the chart TP/SL, I am sure sys will do at least 2x from this price.
DYOR and invest on your behalf.
Cheers.
🌴🌡️ Tropical Heatwave: Is a Market Correction Looming? 🌧️Tropical conditions 🌴 lie ahead for the global crypto market over a one-day horizon, signaling a very bullish trend with an imminent market correction ahead. The crypto rally witnessed this week has been triggered by a series of announcements from major financial players, including the launch of a new crypto exchange for institutionals and the filing of several spot Bitcoin ETF applications to the US regulator. 💥
These recent developments show that financial institutions believe in the crypto assets, despite the US regulator's continuous crackdown on the US crypto market. Over a one-week horizon, sunny trading conditions prevail ☀️, indicating a slightly bullish market with upside potential for the cryptosphere. 📈💰
Stay ahead of the game and follow us to explore deeper insights in ATTMO Times! 📰✨
Bullish Descending Wedge ? ₿ Weekly S/R Level $24,363Price is squeezing to the downside as we approach our 24,363$ Weekly S/R Zone. It also happens to be an extreme Daily Zone. The next Daily zone being at 22K which is a 10% drop from $24,363 Level. Short Traders have enjoyed a consistent downside push across the past 2 Months ever since BTC tapped into the $30,000 Weekly Level. This Long idea has to do more with the psychology of some players wanting to jump in the short/downside train. We'll see if a correction will change their minds as I can see a correction to clear out liquidity after we touch into a weekly S/R level ( 24,363$) . This Weekly s/r level was quite relevant during August 22' and February 23' .
Sunny Forecast or Impending Correction? 🌴/☔ ?Tropical conditions 🌴 lie ahead for the global crypto market over a one-day horizon, signaling a very bullish trend with an imminent market correction ahead. The crypto rally witnessed this week has been triggered by a series of announcements from major financial players, including the launch of a new crypto exchange for institutionals and the filing of several spot Bitcoin ETF applications to the US regulator. 💥
These recent developments show that financial institutions believe in the crypto assets, despite the US regulator's continuous crackdown on the US crypto market. Over a one-week horizon, sunny trading conditions prevail ☀️, indicating a slightly bullish market with upside potential for the cryptosphere. 📈💰
Stay ahead of the game and follow us to explore deeper insights in ATTMO Times! 📰✨
Crypto Forecast: ☀️ Next 24 Hours Sunny, XRP 🌧️ in 1 Week?The global crypto market faces sunny conditions with a few clouds 🌤️ in the next 24 hours and over a one-week horizon, signaling a slightly bullish market with upside potential. The market is boosted by reports of a second filing of an exchange traded fund in the US 📈, which would boost demand for Bitcoin if approved by the US regulator.
XRP bucks this positive trend, with rainy conditions 🌧️ ahead both today and over a one-week horizon, indicating a downward trend. The XRP community is still awaiting an indicative court ruling in the US ⚖️ which has the potential to impact the entire US crypto sphere. 💼🌍
Follow us for more insights!
XRP's Rainy Forecast in the Crypto Market - What's Next? 🌧️The global crypto market faces sunny conditions with a few clouds 🌤️ in the next 24 hours and over a one-week horizon, signaling a slightly bullish market with upside potential. The market is boosted by reports of a second filing of an exchange traded fund in the US 📈, which would boost demand for Bitcoin if approved by the US regulator.
XRP bucks this positive trend, with rainy conditions 🌧️ ahead both today and over a one-week horizon, indicating a downward trend. The XRP community is still awaiting an indicative court ruling in the US ⚖️ which has the potential to impact the entire US crypto sphere. 💼🌍
Follow us for more insights!
TOMOUSDTCurrently TOMOUSDT is at strong support area and has shown good reaction of this area as did in past. If it continue with this reaction then minimum of 10% followed by 30% gain is on table.
The Resurgence. A Fake-Breakout on Ethereum The Weekly candle suggests that it may be closing as a Hammer candle in 29 hours. In anticipation of this, we are anticpating more bullish volume as we move into the next week of trading. Bulls have carried price back inside our 4Hr Range on Ethereum. Price returned to the top of the 4hr range around 1765. We have since returned to the bottom of the range where I can observe a good reward/risk idea. This is known as a Fakeout or Fake-Breakout with regard to price action analysis. It occurs frequently in the market in which price will "Breakout" and candles close outside a range. Soon enough though, price closes back within the range after capturing enough liquidity from the other side. As a consequence we may see a burst of momentum going the other way.
A useful belief that has served me well in the markets has been " Anything can happen"
Therefore, have reasonable expectations and cut losses short and manage risk if the market doesn't go our way.
1708$ is our SL ( a 20$ Loss or -1R )
Take Profit 1 is 1765$ ( a 36$ gain or a 1.8: 1 Reward/Risk )
Take Profit 2 is 1805$ ( a 77$ gain or a 3.5 : 1 Reward/Risk )
Take Profit 3 is 1842$ ( a 114$ gain or a 5.7: 1 Reward/Risk )
ORNUSDT ORNUSDT is trading in a range bound area, but has given a signal for range to break with bullish divergence. if it breakthrough 0.6940 region, it will be a nice buying opportunity.