Get started

Cryptorphic

#BTCUSDT Bullish Divergence. Long Here..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! Bitcoin got rejected from the channel resistance. This is why I asked you guys to wait for the daily close above $39400. It didn't happen and BTC plummeted all the way to $37170. Multiple indicators are pointing towards some rallies in BTC. It will be short though. For that to happen we need a clear breakout above the green line. ($39400). I'll be opening some long based on this logic, as USDT.D is also pointing towards some bearish move which is good for the market. What do you think? Do let me know and hit the like button. Thank you #PEACE
Long
by Cryptorphic
11
#TOTAL MARKETCAP on Support! BULLISH Rally ahead?Welcome to this extensive analysis of Total Marketcap. 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. Before I start explaining the chart I want you to take a note. TA is not about predictions and prophecy! It's a simple technique (that most traders simply make more complex), to understand the moves of an operator of a particular asset and take your trade decisions accordingly. It helps to understand both bearish and bullish scenarios in a chart. I am not here to predict anything, I speak about the facts I see in the chart, with no bias. You can have another opinion for the same chart. So it completely depends on how you see it. Remember my charts always have an expected move as per indicators and patterns along with some logic. And I also have an invalidation point in all my charts with proper reasoning. I could be wrong. That's how TA is done IMO! Do not expect much from anyone, no one really knows everything about the market. If someone tells you he/she knows, either he's a God or a Liar. Learning TA will help you to become a better trader. Not a fortune teller. Now, let’s get to the chart. The total mCap is currently sitting right o the support. Any break and close below this channel will result in a beginning of a more bearish rally across the market. A strong bounce will lead to a green quarter ending. This is certainly a good spot to get into some spot positions with similar charts and bullish indications. The risk is very low compared to the reward. I will post some Altcoin setups soon. Follow me for more. CONCLUSION:-Total mcap is on support and needs some volume and bullish catalyst. Invalidation:- Daily close below $1.46 trillion mcap Note- DYOR before taking any trades, I am not a financial adviser. What do you think of this chart? Do share your views in the comment section and do not forget to hit the like button. Thank you #PEACE
CRYPTOCAP:TOTALLong
by Cryptorphic
5
#BTC Dominance following the path! Part IIWelcome to this extensive analysis BTC Dominance. 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. BTC Dominance is following the previous chart so far. Although there's some initial rejection at the red zone. A break above that red zone is likely which will take us to 45.5% range. A rejection at that point could result in fireworks across the btc pair altcoins. For now expect some more bloodbath in Altcoins till dominance reaches the legacy trendline resistance which will eventually give us some good buying opportunities. We will asses our strategy to enter altcoins when we reach there. It's better to wait for now. Invalidation:- Daily close below the blue MA. What do you think of this chart? Do share your views in the comment section and do not forget to hit the like button. Thank you #PEACE
CRYPTOCAP:BTC.D
by Cryptorphic
2
#BTCUSDT Correction over or was it just a trap?Welcome to this extensive analysis of Bitcoin. 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. BTC got rejected for the 4th time from the micro resistance channel alonwith the red MA. Although it didn't break the resistance, the support is still intact. We can expect a bounce anywhere from the $37.2k to $38.8k range which happens to be the lower support trendline support of the green channel. So for the time being we can expect a little more downside here. As per the previous chart, the $38k level is an important zone for BTC. It also happens to be the second pivot zone. BTC needs to get above that blue MA to rally for the fifth time all the way to the green channel resistance. Break below $37.2k will take us to the $34k-435.5k range which is the legacy trendline support. Invalidation:- Close below the legacy trendline support. What do you think of this chart? Do share your views in the comment section and do not forget to hit the like button. Thank you #PEACE
Long
by Cryptorphic
1
#BTCUSDT Do not panic! This is what we needed.Welcome to this quick analysis of BITCOIN 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. In my last chart, I mentioned that we need a retest of the $42k level. I see that happening now. There's nothing to panic about here. We needed this healthy retracement. The chart shows the possibility of a new rally towards the $46k level and even further. Only a break below the 38k level will invalidate this chart. CRYPTO AS A SAVIOUR:- As you can see even the Ukrainian government is asking for donations in Crypto! This is very positive for the whole crypto community and its future. It shows how the financial system is failing during times of crisis and Crypto is helping the people from the streets to the presidential table. I just wish things get better and this war gets over soon. All we need is peace and harmony. The best levels to buy BTC are $40200 to $42400. Upper resistance levels are $45k to $47k level. CONCLUSION:- BTC needed a retracement and it's happening now. nothing to panic about here and try to DCA if you are buying BTC. Am just sharing my ideas here and this is not financial advice. What do you think of this chart? Do share your views in the comment section and do not forget to hit the like button. Thank you #PEACE
Long
by Cryptorphic
19
#ATAUSDT Scalp Setup 90% profit expected.This is a quick trade setup. Scalping Setup:- ATA broke out of the resistance and is currently trading above 2 important MAs. Currently trading inside a microchannel. Breakout looks imminent. Break above $.4185 will trigger a 15%+ Rally! ATAUSDT :- Long Position Entry :- $.3847 to $.4080 Targets:- $.4177 $.4376 $.4462 $.4582 Stop Loss :- $.3756 SL is a must and enter partially! Leverage:- As per your convenience. with 5x leverage and an 18% pump from the current market price could give us a 90% profit. DYOR before taking this trade. Thank you
Long
by Cryptorphic
#BTC Dominance. ALTSEASON will trigger at this level... Welcome to this extensive analysis of Bitcoin Dominance. 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. BTC Dominance is currently holding the 42.4 level. As long as it holds this level it's highly likely we will see some rally in BTC while it reaches the 45.22% level. This will trigger the rally in BTC too, possibly till $46k only if it maintains $38k support. CONCLUSION:- BTC.D is likely to rise to 45.22% and get a rejection at that point which will eventually trigger the rallies in altcoins against BTC pair. Invalidation:- Daily close below 40.27 What do you think of this chart? Do share your views in the comment section and do not forget to hit the like button. Thank you #PEACE
CRYPTOCAP:BTC.D
by Cryptorphic
3
#BTC Dominance ALT SEASON in Q2 Possible? Here's Why!Welcome to this extensive analysis of Bitcoin Dominance 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. BTC Dominance bounced and pumped almost 4% since the last chart. Expected this growth and asked you not to go long on BTC pairs. Hope you listened. The charts show potential for more growth in BTC Dominance. Once we hit the legacy trendline resistance, a rejection will cause rallies across the market in BTC pair altcoins. This is why I expect a nice second quarter, especially for Altcoins. CONCLUSION:- Bitcoin Dominance should rise to almost 45.50% We will see later whether it breaks the long-term resistance or gets rejected from there. It's early to come to a solid conclusion. Close above that level means BTC will hit new ATH and Alts go cheaper. Invalidation:- A close below 50D MA will invalidate this chart. What do you think of this chart? Do share your views in the comment section and do not forget to hit the like button. Thank you #PEACE
CRYPTOCAP:BTC.DLong
by Cryptorphic
3
#BTCUSDT RETEST COMPLETED Pumped 18%!! Next trade Signal here!Welcome to this quick analysis of Bitcoin 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. BTC bounced right off the 200D MA on 3 days chart. This is why you must believe in TA. It helps us to make better trade decisions. Now, I'll keep it very short and simple. If you follow my updates regularly you must be aware that I posted a long signal at $35k to $38k which was the retest level range. Although it hit $34k it was simply an opportunity! BTC needs to break and close above the $46k range in order to pump to $50k+. This is what the chart says. if you ask me, I believe BTC is likely to go for a retest to the lower 42k area and bounce from there all the way to 46k. What happens next will be decided when it hits that mark. One thing seems highly likely now that the trend is not over yet! There's still a possibility that we can see a new ATH in BTC. All we need is a clean break above that $52k level. Until that happens we need to stay cautious with our trades and holdings in general. CONCLUSION:- BTC is likely to retest the $42k level and continue its uptrend till 46k. Once that happens we will assess in the next chart. I WAS BULLISH AT 34K, I WAS BULLISH AT 38K, AND AM BULLISH NOW TOO! Invalidation:- Daily close below the 200D MA. What do you think of this chart? Do share your views in the comment section and do not forget to hit the like button. Thank you #PEACE
Long
by Cryptorphic
9
#USDT.D : BULL RUN IS NOT OVER YET, FIREWORKS IMMINENT!!!Welcome to this extensive analysis on USDT Dominance. 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. If you are not familiar with this index let me tell you this index is inversely proportional to BTC and ALTS in general. This means when this index shows some green candles you will see the market starts dumping and vice versa. USDT Dominance is currently moving around the upper resistance at 4.50+ level. Few points to keep in mind:- 1. We can see a long wick which is a sign of rejection in the current candle making in a strong Doji (Evening star pattern) 2. As per fractals Every time this index hits the 2 years resistance line we have seen 6 to 8 weeks of rejections and consolidation around the resistance followed by 15 to 20 weeks of Bullish rally across the market. 3. Multiple Indicators show signs of bearish momentum in the weekly chart. 4. MACD is a lagging indicator showing potential for a bearish crossover within the next few weeks. 5. Double Top formation with rejection. 6. LTF Shows Retest also signs of reversal(Chart will be posted below this update) Based on all of these facts a bearish rejection is possible. However, keep in mind it can make a triple top too to finally flush the remaining late longs which will be fueled by the current conflicts between Russia and Ukraine. So everything is aligning perfectly IMHO, What do we need? A confirmation candle below the current weekly candle. The current candle closes in 7 hours. So make sure you follow me and keep an eye on my updates. I do not post a lot but I do only when it's needed. So let me just make it simple for you. Unless USDT Dominance breaks and closes above the red resistance area It's highly likely we will see a major rally throughout the market. Both in BTC and ALTCOINS. Invalidation:- A weekly close above the red zone will invalidate this chart. MY TRADING PLAN:- I'll assess BTC.D, USDT.D, TOTALMCAP, TOTAL2, and BTC all together and enter when I finally see the confirmations. I'll enter the market to trade on leverage and also hold spots for 15 to 20 weeks depending on both technicals and fundamentals. To be honest, if everything goes as it seems we will see a bullish rally across the market in March April and May followed by the dump in June and July. I hope this analysis clears your mind and all your doubts about the current trend. Please do not take this idea as financial advice, this is simply meant for educating you to make better trade decisions. Let me know what you think of this chart. Do share your views in the comment section and do not forget to hit the like button. Thank you #PEACE
CRYPTOCAP:USDT.DShort
by Cryptorphic
25
#BTCUSDT Retest complete ? or More corrections ahead ? PART IIWelcome to this analysis everyone. If you are reading my updates for the first time, do consider following me if you want the most complex charts in simplified unbiased manner. I also post margin and futures trade setups. Now lets's get to the chart. BTC retested the $34k level making a low of $34,222. As I said in my previous chart, I'll be adding on spot till $33k. Although there is a lot uncertainty in the global market but everything is in the chart if you look properly. Bitcoin is making a green candle on this 200D MA in the 3 days chart. The candle closes in the next 31 hours. TBH, That's a nice DOJI. Once we see the weekly as well as 3 day candle closing above $38k things will get better in the short term. Still It's hard to say that correction is over. CONCLUSION:- BTC looks bullish in the short term. But you gotta be very careful because either we are about to see a new parabolic run all the way to $100k+ or this will end up being a trap. In both scenarios there are some confirmations for which we will wait and I will keep you posted. What do you think about it? If you like it, do hit. the like button and share your views in the comment section. Thank you #PEACE
Long
by Cryptorphic
14
#ETHUSDT is BULLISH Above this level. Don't FOMO!!Welcome to this extensive analysis of Etherium. 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. ETH broke all the support like BTC and made a low of $2300. In our last trade, we got stopped out at $2920. Currently, ETH is entering the resistance cluster. Once we break above the $2885 area it is highly likely that we will see some rallies further above the $3k zone. SO $2885 or we can simply say that the price needs to break and close above the blue MA along with the falling expanding channel. CONCLUSION:- ETH needs to break and close above both the channel and the blue MA in order to enter a new rally until then it is hitting resistance. Also, the pattern is bullish with buy-side momentum increasing throughout the market, which is a good sign. Let's just wait for this confirmation., ETH is a long above $2900 with SL below $2682 Invalidation:- Daily close below $2682 What do you think of this chart? Do share your views in the comment section and do not forget to hit the like button. Thank you #PEACE
by Cryptorphic
6
#TOTAL MARKETCAP! Breakout imminent? BULL MARKET NOT OVER YET?Welcome to this extensive analysis on BTC Dominance. If you are reading my updates for the first time , make sure you follow em 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. The index is currently retesting the BLUE MA which is bullish in the short term for both btc and altcoins. What's really important is a close above that back expanding channel. Breakout and retest would confirm a new bullish rally throughout the market and possibly a new ATH in BTC. For that to happen it needs to close above the $1.92 trillion mark and retest it successfully. CONCLUSION:- Mcap must break and close above the red resistance cluster and retest it successfully for a new bullish rally. The expanding channel is a bullish pattern all we need is a breakout and retest. What do you thunk of this chart? Do share your views the comment section and so not forget to hit the like button. Thank you #PEACE
CRYPTOCAP:TOTAL
by Cryptorphic
6
#BTCUSDT EMERGENCY UPDATE, BTC at Decisive Point!Welcome to this quick Bitcoin update. It's been a while since I posted BTC Chart here on tv, there was probably nothing important. BTC was destined to hit $40k as per my last chart and it did. What's next? it's currently trading under the $40k accumulation zone. Bulls need to hold the blue support trendline. It's almost 395 days old. Any break and close below this blue trendline could result in a massive dump in the entire market (less likely but possible). Bitcoin is on a thread tbh, Bounce is needed here with good volume. Most importantly a close above two important resistance levels: $46k and $53k for new ATH! Lower Support levels are $40k $37k and $33k. If you ask me what I think? A dump towards 37k to 39k and then a big green candle all the way to $46k+. That will probably be the decision time. What's your thought on this? If you want me to post more of these charts, Do hit the like button and share your views in the comment section. Thank you #PEACE
by Cryptorphic
20
#BTCUSDT Monthly close Incoming! What to expect?Welcome to this Multi time frame extensive analysis on BTC. Still choppy PA below the 39k range. Needs to get above that $42k range to be bullish again in the mid term. So far Bulls are doing just fine. Waiting for the daily close. Monthly also closes in just few hours. I'll post next BTC Chart after monthly close. The main question is are going to hit the $30k again? IMHO, as long as we stay above the $36.7k range, we are likely to break this $42k resistance .. A close above the $42k range confirms the bullish uptrend and a possibility of a new ATH. I'll share few more charts below this analysis. Hope it's helpful for you, if it is do not forget to hit the like button and share your views in the comment section. Thank you #PEACE Stay tuned
by Cryptorphic
4
#BTCUSDT Is the retest complete? Or More correction ahead?Welcome to this extensive analysis of BTC. I'll be sharing my thoughts on general behavior in current market conditions along with the charts. It's an important element of trading. Your habits and discipline. First of all, I know you don't feel good about this market. The price action might not be allowing you to make good money under these conditions. The $38k retest was imminent and eventually, those who followed my updates didn't FOMO at $45k. BTC might be bearish in the short term but as long as $30k to $35k holds BTC is fine. (This is just what I see in the charts, not financial advice) TBH, Unless you’re a pro trader you’ll end up losing in these market conditions. I don’t know about BTC’s current short-term PA. Anything could happen. But if you zoom out on the Weekly and this 3 Day chart it simply looks like a retest to me and maintaining the support so far. You can see how high leverage traders are being liquidated from both sides. This PA is pure manipulation along with FUD on global scale. Be careful with all your trades if you are trading. I am just adding on spot and will be adding till $33k. There’s nothing much to add here. You all pretty much understand the situation if you follow my regular updates. Alts are following all the fuc#ry happening in BTC. IMHO it’s more important to preserve your portfolio and trade at the right time. These are simply no trade zone for me. Conclusion:- BTC is bouncing from the 200D MA on a 3 Day chart for 4 weeks and maintaining it so far. It is also retesting the resistance turned support trendline. The range is $35k to $38k Close below this MA will invalidate this chart. What do you think about it? Do share your views in the comment section. Like only if you find this chart helpful in any way. Thank you
Long
by Cryptorphic
21
#BTC Dominance ALT SEASON POSSIBILITY EXPLAINED!! Welcome to this extensive analysis of BTC Dominance. If you are reading my updates for the first time, make sure you follow me to read 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. BTC Dominance bounced right from the bottom of the channel around 39.15. Currently moving around 42.27 level and broke above the blue MA. The chart is pointing towards a possible rally towards 45.49 in the next 2 to 4 weeks. This will eventually give some momentum to BTC against altcoins. ALTS in BTC pairs are likely to continue some decline for the next few weeks unless it hits the legacy trend line resistance which is almost 300 days old. So once the index reaches that resistance level a rejection would lead to a 3 months rally in Altcoins in BTC pairs. So we need to wait for a few weeks to see whether it breaks the resistance or gets a strong rejection. CONCLUSION:- Alts will continue to bleed till dominance reaches 45.49 level. Once that level is reached I will update the next chart. We will have to see whether it gets rejected or breaks the trend line. Invalidation:- Close below the Blue MA. What do you think of this chart? Do share your views in the comment section and do not forget to hit the like button. Thank you #PEACE
CRYPTOCAP:BTC.DLong
by Cryptorphic
5
#BTCUSDT is fine, Do not Panic. I know it's looking ugly atm. It can go a bit down though but I am expecting a bounce from somewhere between $37.2k to $38.8k. This is why I have been saying again and again ABOUT THE $38.8K LEVEL Which was not retested even after the breakout of $42k resistance which eventually couldn't hold either. Now I expect BTC to retest and hold the $38k level by the weekly close and we will be ready for another wave up. the only way this chart could go wrong is a break below $35k level. What do you think? Do hit the like button and share your views the comment section. Thank you #PEACE
BYBIT:BTCUSD.P
by Cryptorphic
6
#ETHUSDT 100% Accuracy so far, What's next?Welcome to this quick update, everyone. As per my last chart, ETH dropped to our buy zone and we bought both on spot and leverage. The average entry is around $2885. The next resistance is around $3200. A break and close above this level will trigger a rally towards $4000. The pattern is playing out perfectly. So this is my plan:- I'll be holding positions with SL around $2936 with a target of $3860 to $4000. What's your plan? Let me know in the comment section. Also, If you like this chart, do hit the like button and share your views in the comment section. Thank you #PEACE
Long
by Cryptorphic
7
#BTCUSDT Nasty candle close, What's next?Welcome to this quick Bitcoin Update. It was a nasty candle close. The DOJI shows the selling pressure around 45k level. But as per on-chain data the big addresses didn’t sell, Retail did instead the whales bought more. Bullish indication? I do think so. This could be a short-term manipulated PA to make people panic. The good thing is we broke out but a green candle along with volume is needed here. For now, $38.8k to $40k remains untested and seems likely to be retested soon. I've been saying this, again and again, to be careful going long since $45k. Let's just wait for the right momentum to enter the market. What do you think? Do you think this rally was just a trap? Or we are about to break all the way to new ATH! Also, if you like this chart do hit the like button and share your views in the comment section. Thank you #PEACE
by Cryptorphic
2
#TOTAL MCAP, LTF Analysis, Buy levels will trigger soon..Welcome to this quick update. If you are reading my chart for the first time, do follow me for more timely analysis and exclusive trade setups. I share all my strategies for free which can help you to add some extra value to your trading decisions. The total chart followed our speculated move as shown in the last chart (leaving the link to the previous chart below this analysis). The formation of the right shoulder is in play. Likely to retest the blue MA and bounce from there. This could be the time to start adding some alt positions and DCA while it touches that MA. Secondly, at this point, the risk will be lesser than 3 days back when you wanted to FOMO in that green market. Hope you got my point! You'll find most of the altcoins forming the same structure as shown in this chart. The same rules apply to those too. So trade accordingly, If you want me to share all of these charts, all you need to do is hit that like button and share your views (If you have any) in the comment section. It supports me to make more of these contents for free. Thank you #PEACE
CRYPTOCAP:TOTALLong
by Cryptorphic
2
#TOTAL MARKETCAP! Bitcoins and Altcoins are not done yet!Welcome to this quick update, everyone. The total mark cap has broken out of the downtrend channel and is currently trying to retest the level. In my previous chart, I said we need a close above that blue MA line though I expected some early rejections it broke out at once! We also got a breakout above the downtrend channel after exactly 90 days of consolidation. I expected a little more sideways action and consolidation previously but the breakout on 4th Feb changed everything. What are the possible scenarios right now? Well, keeping in mind this is not a fakeout, we are likely to continue the rally to retest $46k and $53k in BTC but before that, the red zone is needed to be retested for a healthy and sustainable rally throughout the market. This retest could result in some pullbacks in altcoins and BTC ($38.8k to $41k) followed by a 15% rally in BTC. That will be the best time to enter the market. ALTCOINS will follow BTC. This is not financial advice, these are all my own views as per the chart. What's your thought on this? Do hit the like button and share your views in the comment section. Thank you #PEACE
CRYPTOCAP:TOTALLong
by Cryptorphic
7