#USDT Dominance giving us a hint for the next move...Welcome to this short update on USDT Dominance.
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Let's get to the chart!
USDT Dominance broke below the triangular pattern in this 30 minutes chart.
In case it breaks and closes above the 4.56% level in this chart expect the whole market to god won for the next couple of days and BTC could reach the lower $37k level to print the lower low in LTF.
In case we get a rejection from here, expect BTC to rally towards $45k soon.
So there's nothing to predict here, we need to be vigilant as well as keep an eye on the charts.
Rejection at this point will tell us how the next week could be.
Sunday close will be important keep an eye on that.
Conclusion:- USDT Dominance is at the decisive point. Taking any long or short positions is risky.
With confirmation, Long on Rejection, and Short on the breakout, That's the plan
DYOR, before taking any trade. Always try to learn rather than blindly follow anyone's idea.
Keep an eye on the market
Do hit the like button if you like and share your views in the comment section.
Thank you
#PEACE
Cryptorphic
#BTCUSDT needs to do this to break above $42k..Welcome to this Idea on Bitcoin.
Reasons to Follow me?
*9 Years in Trading!
*7 years in Crypto
*Certified Technical Analyst
*Record Holder of Most liked Bitcoin Chart on Tradingview.
*Consistent updates on Markets and Trade Setups
*No Bias
*All-time Top Author on various assets and index charts globally.
*Very Active Community during both bull and Bear Market
*500+ Ideas posted on Tradingview
Let's get to the chart.
BTC bounced right off the $39200 level.
Everything is aligning perfectly so far.
I am not saying I am bullish because I want to. Just sharing what I see in the chart.
The reason why BTC could start a rally soon:-
1. USDT Dominance is about to get rejected by the resistance.
2. TOTAL MCAP retested perfectly
3. BTC is in the making of a bullish divergence. For that BTC needs to print a low below the $39200 level.
Every time that happened BTC bounced with strong volume. This is why I posted my last chart saying $39200 might not be the bottom.
All I could see is selling pressure around the $40k+ level in BTC.
However, a close above $42k will trigger the rally.
Invalidation:- Losing $35k in a daily candle close.
Nothing is confirmed yet, let me know what you think of this chart in the comments section.
If you like my post or found it helpful do hit the like button.
Always do your own research and learn from other people's work rather than following blindly.
Thank you
#PEACE
#USDT Dominance is at resistance...But Don't buy now...Welcome to this short update on USDT Dominance.
Reasons to Follow me?
*9 Years in Trading!
*7 years in Crypto
*Certified Technical Analyst
*Record Holder of Most liked Bitcoin Chart on Tradingview.
*Consistent updates on Markets and Trade Setups
*No Bias
*All-time Top Author on various assets and index charts globally.
*Very Active Community during both bull and Bear Market
Let's get to the chart!
USDT Dominance broke below the Ascending triangular pattern.
The current PA looks like a retest to me.
A rejection is likely around the 4.34% level.
Also hitting the upper BB line.
Rejection around the 4.34% level will be the best time to load ALTS on spot IMO.
Invalidation:-
Any break and close inside the channel will invalidate this chart.
To be precise, closing above and maintaining the 4.34%+ level would ruin this rally.
Let me know what you think in the comment section.
If you find it helpful, do not forget to hit the like button.
Thank you
#PEACE
#XTZUSDT Ready for 250% Rally. Trade Setup Here.
Welcome to this Trade Setup on XTZ.
If you are reading my updates for the first time, make sure you follow me if you want the most complex charts
Explained in the most simplified manner.
I also post margin and futures trade setups.
Now, let’s get to the chart.
XTZ is currently trading at around $3.40.
As per fractals, every time XTZ hits the lower support trendline we have seen 8 to 12 weeks of the bullish rally in XTZ.
Besides, it's trading above the important MAs and multiple indicators are showing signs of bullishness.
So this will be my trade plan:-
ENTRY:- Accumulate between $2.5 to $3.4 (On spot)
For leverage :- $2.82 to $3.27
TARGETS:-
$4.67
$5.33
$6.82
$7.21
$8.55
$9.76
Stop Loss:- $2.39
The chart looks promising and can pump almost 250% in 2 to 3 months.
Just keep in mind if you are planning to trade with leverage, make sure you enter on the correction.
Please do your own research before taking this trade.
This is not financial advice.
Also, let me know What you think of this trade?
Do share your views in the comment section and do not forget to hit the like button.
Thank you
#PEACE
#TOTAL closed above this EMA! Bullish Rally ahead? Total mcap broke out on March 22nd, 2022, and is currently retesting the resistance turned support trendline.
As per this chart TOTAL, MCAP is likely to rally from here.
As per fractals, 200D EMA has been an important indicator for short bull rallies throughout the market.
The index closed right above the EMA.
There's a lot of FUD in the market which logically shows signs of opportunities in the market.
$1.8 Trillion happens to be a very important support level for the index to hold on 2D and weekly charts.
Conclusion:- Total mcap has retested after the breakout and bouncing from the 200D EMA. Increases the possibility of a bullish rally for the next few weeks.
Invalidation:- Only if it breaks and closes below the Channel.
If you find this chart interesting, do hit the like button and share your views in the comment section.
Thank you
#PEACE
#BTCUSDT on Support but $39200 might not be the bottom!BTC managed to bounce from the $39200 low.
This 12 hour chart shows possibility of another 3 to 5% decline in BTC price to touch the lower bottom trendline support.
Although $38k is an important support for BTC BTC might wick down to $37200 only if it breaks the recent low of $39200.
So $37200 is $39200 is a good range to long on low leverage or buy on spot.
Losing this channel on the lower trendline will be a red flag for this rally.
Bears will take over in case BTC breaks this channel./
So right now it's important to be extra cautious to preserve your funds.
Conclusion:- As per TOTAL and TOATAL2 Chart Market should pump in the coming days keeping in mind a possibility of new low below $39200.
Invalidation:- Close below this channel.
Let me know your thoughts.
Do hit the like button if you like it.
Thank you
#PEACE
#TOTALMCAP Retest is almost completed. Important MA Support hereTOTAL MCAP has reached its important support range.
We might see a few % down from here but eventually, a bounce is inevitable.
Also, most of my alt positions have been stopped with decent losses and a few with major losses.
I'll take those as a lesson.
Not rushing to get into any positions.
So basically we need to look into three assets and indexes here, BTC USDT.D and TOTAL
Better to wait for that green candle.
DYOR
Do hit the like button if you like these quick updates and share your views in the comment section.
Thank you
#PEACE
#BTCUSDT at decisive point. Triple bottom in play?42k is a crucial level for BTC to hold.
Triple bottom formation in play.
Bullish divergence in RSI.
If the triple top in USDT Dominance works out.
We are likely to bounce from here.
But it's always better to stay extra careful when you are trading a market that never sleeps.
Close below $40.9k will tigger a rally towards 38k which has been plotted as scenario (LESS LIKLEY BUT POSSIBLE)
Let me know your thoughts.
Do hit the like button if you want me to post more of these short updates during unusual market behaviour.
Thank you
#PEACE
#USDT Dominance triple top or breakout?Triple top ✅
But RSI shows a breakout in LTF.
It needs to close below 4.26 else it can go a bit high as well.
Place SLs in your trades.
My orders are filled but it's important to be extra cautious.
Invalidation:- Close above 4.4 will invalidate this chart.
Let me know what you think
DO hit the like button if you want me to post more of these short updates,
Thank you
#PEACE
LOOM/BTC 370% +Potential profit on Spot.LOOM Broke out of the long-term triangular pattern.
Consolidated for almost 457 days this coin has been showing signs of some potential pump.
Looks like a good trade and a must-have coin in your portfolio.
Entry:- 187 to 215 sats
Target: 100% to 370%
Stop loss:- 166
DYOR before taking this trade.
Let me know if you have an altcoin that you think could do goo din the next few days.
If you like it, do hit the like button and share your views in the comment section.
Thank you
#PEACE
BTC/USDT Short term Update...More correction ahead?As said in my last post, multiple rejections from the 44k level show weakness in bulls and bears taking over in the short term.
Flipping the 44k level could change things for BTC in the short term.
So far BTC could go down to the $41700 level where we have the 200D EMA support.
Failing to hold that level would be bad for BTC.
So far Bounce from $40900 to $41700 looks highly likely,
Since USDT Dominance is hitting the resistance right now, anything could happen.
Action:- Wait for the bounce with the volume on 200EMA to trade on futures.
SPOT:- Keep adding to your alt positions to DCA.
DYOR
If you find this chart helpful, do hit the like button and share your views in the comment section.
Thank you
#PEACE
#BTCUSDT at Decisive point...BTC/USDT is right at the support.
Break below could trigger a rally towards $40k and eventually 38k which is our major support.
However a strong bounce could change everything.
USDT dominance also showing bearish signs (chart will be posted in next update).
BTC could bounce from here and trade back above $44k.
Still at decisive point, better to trade with confirmations.
Do like it if you find it helpful.
Stay tuned
#PEACE
#BTCUSDT Do not panic, This MA can still save the day!BTC/USDT needed a retracement after weeks of a continuous pump.
BTC had finally reached the $44k level support.
The 44.5k level happens to be the 21DMA in daily.
As long as BTC holds this level daily, a bounce around the 44k level is highly likely.
So, it's better to just stay aside and wait for the right time to get into trades.
Better stay away from leverage trades when the market is at the decisive point.
Hope you keep an eye on this level.
INVALIDATION:- This Chart will be invalidated if BTC closes below $41900 which is the lowest level of the green support zone.
Note:- A close 38k will ruin this whole bull run.
If you like this quick update, follow me to get more updates.
Do not forget to hit the like button and share your views in the comment section.
Thank you
#PEACE
#BTCUSDT broke down.. Important Update here...BTCThough we closed below the 21 MA. As said in my last BTC idea, that was the level we needed to hold in daily.
Unfortunately BTC broke below that level.
Now, the possible area for bounce is around $41900. when you look at the daily chart,
This is the lowest BTC can go atm.
Though we've got this EMA on 6 hours chart.
Multiple candles closes above it so far.
Let's see how it plays out.
ACTION:- Staying aside for the right time to get into leverage trades.
IMHO It's better to wait for the weekly close to come for any solid conclusion.
We need a close above the 21W MA.
Let me know what you think.
Also, If you find it helpful do hit the like button to show your support.
Thank you
#PEACE
BTCUSDT Quick Update. Breakout Incoming, Bullish or Bearish?BTC shows it could breakout which makes things fishy.
Though I am in USDT right now. Will be more than happy if USDT dominance (my previous chart) breaks down and continues the downfall but we do need some pullbacks too. Nothing goes down forever.
So be attentive.
Multiple indicators are pointing towards another pullback in the short term. So keep an eye on it.
If BTC breaks the daily above $46800, we are good to go.
Better to keep cash in hands in case we get another dip which seems likely.
Hope it helps, If it does do not forget to hit the like button.
Thank you
#PEACE
#BTCUSDT 80K Incoming!!! Brace yourselves...Welcome to this short update on Bitcoin.
Reasons to Follow me?
*9 Years in Trading!
*7 years in Crypto
*Certified Technical Analyst
*Record Holder of Most liked Bitcoin Chart on Tradingview.
*Consistent updates on Markets and Trade Setups
*No Bias
*All-time Top Author on various assets and index charts globally.
*Very Active Community during both bull and Bear Market
Let's get to the chart!
BTC looks good here and here are the reasons why BTC is likely to break the previous ATH.
1. BTC held the $33k level which is the lower support bottom for BTC
2. BTC is currently holding the $21MA daily,
3. Increase in BTC holders in the long term has reached ATH recently.
4. BTC is holding the 50 DMA level.
5. USDT Dominance is showing signs of bearishness.
6. TOTAL MARKET CAP is bullish.
7. Fractals are showing signs of a possible rally.
8. To complete the pattern BTC needs to print a third top which will eventually make a triple top
pattern in higher time frame charts.
9. BTC needed a retest after the $42k breakout and it's happened followed by a strong bounce.
Based on these reasons there's a high possibility that BTC will reach a new ATH in the next few weeks.
TRIGGER POINT FOR THE RALLY:- Break and close above the 200D MA.
INVALIDATION:- Break and close below the 30k- 33k support.
*This is not financial advice., this is just what I see in the charts.
Let me know your thoughts do hit the like button if you like this idea and share your views in the comment section.
Thank you
#PEACE
#USDT Dominance , about to make a move. be ready..USDT Dominance, certainly a trap.. Keep an eye
You can see a Head and Shoulders pattern but I think it's better to wait for the breakout.
Break above and alts will be rekt in the short term.
Keeping cash aside is the best strategy IMO, in case you want to take entries lower in BTC and ALTS both.
Follow me for more interesting on time updates and ideas.
Thank you
#PEACE
#DENTUSDT Could Explode and Rally 500%+ Here's Why!!Welcome to this SPOT TRADE SETUP.
Reasons to Follow me?
*9 Years in Trading!
*7 years in Crypto
*Certified Technical Analyst
*Record Holder of Most liked Bitcoin Chart on Tradingview.
*Consistent updates on Markets and Trade Setups
*No Bias
*All-time Top Author on various assets and index charts globally.
*Very Active Community during both bull and Bear Market
Let's get to the chart.
Last time Dent broke out and pumped like crazy.
Almost 5000%+ for almost 60 days.
Since this pump Dent has been forming this triangle.
Once it breaks out. There's a possibility for an easy 5x to 10x from this coin.
IMHO, Enter on the breakout or you can simply buy now and add on the dips later to DCA.
Am not gonna tell you any entry or Target.
The chart says it all.
Please observe.
Invalidation:- Close below the triangle support trendline.
If you want me to post more trades do hit the like button and share your views in the comment section.
Thank you
#PEACE
#CVX/BTC 100% Potential rally ahead...SPOT TRADE SETUP (Binance)
CVX/BTC:- On the verge of a breakout.
Either buy the retest of the breakout or simply buy now and DCA on dips with SL.
Details are given in the chart.
Make sure you do your own research.
Entry :- 6110 to 6500 sats
Target:- 50% to 100%
Stop Loss:- 5680 (Subject to change as per market condition)
DYOR
Do hit the like button if you want me to post more.
Thank you
#Peace
#PEOPLE/USDT a must have alt for a bag.. 200%+ Potential PEOPLE broke out of this triangular pattern after 100 days of consolidation.
Likely to pump in the next few weeks.
This is a newly listed coin on Binance and has the potential to grow exponentially.
ENTRY:- .072 to .063
Targets:-
$.087
$.112
$.124
$.136
$.159
$.182
$.192
Stop Loss:- $.0544
For the BTC pair, accumulate between 125 sats to 155 sats aiming for a target of 200% + and an SL of 108.
Do your own research before taking this trade.
And if you want me to post more altcoins, do hit the like n=button and share your views in the comment section.
Thank you
#BTCUSDT Broke $45k Level but Retracement Expected!!!BTC broke above the $45k level and is trading around the $47k level right now.
As per this chart, it's very important that it hits the $45k level for a retest.
That will be the best opportunity to get entries for your favourite altcoins.
LTF Charts show signs of weakness.
IF YOU ARE TRADING ON SPOT YOU CAN USE THESE TWO STRATEGIES :-
Simply buying at CMP and add more in the dips to average your entries.
OR YOU CAN JUST wait for the reteracement to get into positions.
The problem is we haven't seen proper retracements throught the recent rally whiich is not good for a sustainable growth.
So be careful and trade wisely.
Conclusion:- Sooner or later we will see retracement levels to buy -$45k with a target of $52k...
Let me know what you think of this chart.
Do hit the like button if you find it helpful and share your views in the comment section.
Stay happy
#PEACE
ICP/USDT 400% + Potential Trade Setup.Welcome to this Trade Setup on ICP.
Reasons to Follow me?
*9 Years in Trading!
*7 years in Crypto
*Certified Technical Analyst
*Record Holder of Most liked Bitcoin Chart on Tradingview.
*Consistent updates on Markets and Trade Setups
*No Bias
*All-time Top Author on various assets and index charts globally.
*Very Active Community during both bull and Bear Market
Let's get to the chart
ICP broke out the 277 days long consolidation under this triangle.
Bullish DIvergence played out.
Our Initial Entry as posted in my last update was around $17.
It's already 30% up since then.
Consider adding this to your spot portfolio after doing your own research.
It's likely that to run for a massive rally.
ENTRY:- $18.55 to $22.43
TARGETS:-
$36
$54
$79
$87
$95
$112
$123
DYOR before taking this trade.
Stop Loss:- TBA, as per market conditions.
Do hit the like button if you want me to post more of these setups and share your views/charts in the comment section.
Thank you
#PEACE
#BTC Dominance is Bearish! Massive ALT SEASON will trigger soon.Although I have been calling for an Alt season for the last 4 weeks.
A massive rally looks imminent in Altcoins.
Below are the reasons we can see an Altseason trigger:-
1. Close below 21 MA confirmed
2. close below 50 MA confirmed
3. Possible bearish Crossover below 21 MA below the 50 MA.
4. BTC Dominance got rejected from the red resistance zone.
5. Multiple indicators show signs of bearishness in this chart.
Invalidation:- Dominance staying above the 200 MA is a problem. Dominance must break below it to confirm the trend.
The lower target for Dominance is around
Let me know your thoughts.
Thank you
#PEACE