#ETHUSD Reached $2800! Perfect Prediction! New Setup here...Welcome to this update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
In my previous ETH update that I posted on July 26th, I speculated a move towards $2800 and recommended an entry in ETH around $2000 and within 10 days the target got filled.
We made almost 40% profit on spot.
Perfectly on track! I hope you will appreciate these efforts.
In the current chart, the main support for ETH is at $2500, $2300 is another support If ETH gets there.
I expect some pullback to the $2500 to 2750 area and then a bounce to break the current resistance level around $2849.
Once we break and close above this resistance it's highly likely we will see ETH above the 3k mark.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
Cryptorphic
#BTCUSDT READY TO BOUNCE! DON'T PANIC!Welcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
Let's get to the chart.
Bitcoin dumped all the way to 37.7k level and bounced to maintain the $38.2k level which also happens to be the 21D MA in daily.
IMO, We must see some bounce anytime.
FOR THE TREND TO REMAIN BULLISH we really need a close above the 38.2k level and eventually 41.5k level for a new ATH.
If these things don't happen soon, it's highly likely that BTC could make a new Low below 27k level.
In the green box at the right hand bottom of the channel.
Invalidation: Just like I said in my last update, Daily close below this level could take BTC to 35k level.
What's your thought on this?
Do hit the like button and share your views in the comment section.
Your likes and beautiful comments encourages me to make more free content for the community. I hope it isn't much to ask.
Stay safe
#PEACE
#BTCUSDT 25% Pump Incoming, $48,950 on board?Welcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures.
Let's get to the chart.
BTC broke out of the important resistance around 42k level and is now hitting the support level to retest and continue to the upside.
IMHO BTC if stays and maintains the 21D MA Support which is around $38,220 a rally towards upper resistance levels is highly likely.
RESISTANCE LEVELS:-
$45,388
$48,950
Support levels :
$40,300
$39,400
Conclusion:- BTC is likely to continue its uptrend, invalidation will be a daily close below $38200.
What's your thought on this?
Do hit the like button to show your support and do share this chart with your friends. Let's spread knowledge and help others to succeed.
I'll keep this chart updated time to time.
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Thanks for coming by.
Stay safe
#PEACE
#BTCUSDT Ready for 48k! But What if ?...Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
Let's get to the chart.
In my previous update, I speculated BTC is likely to break the 41k level sooner or later and it played out perfectly.
What could we expect from here?
Since it's the weekend I expect BTC to make multiple retests to the lower 40k levels, $40,200 to $41,200 in order to kick out the high leveraged longs.
Important support level: $39400 and $40700
The resistance levels have been plotted in the chart itself.
BTC is highly likely to maintain these levels.
ALL WE NEED IS THIS WEEKLY CANDLE TO CLOSE ABOVE 41.4k. AND LOOKING AT THE CHART THIS SCENARIO SEEMS LIKELY.
What's your thought on this?
Do you think this correction is over?
Do you think BTC could easily pump from here?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
#PEACE
#BTC Finally Bullish or Bearish? 36k or 27k?Welcome to this quick update guys. Today I posted a chart in which I speculated that the price of the BTC is about to bounce. At that time BTC was trading around 29760.
It bounced already and rallied almost 10% from there.
What's next?
I will keep this very simple.
BTC needs to break out of this channel and close above the green box, the price level is $33.2k.
Else we are going back below 30k soonish.
What's my bet?
I think the price is likely to move on higher levels but this resistance must be broken soon for BTC to rally harder.
What's your thought on this?
Do you agree with me? Share your ideas and views in the comment section and do not forget to hit the like button if you like my updates.
Thank you
#PEACE
#BTCUSD Eyes on $39,400 .. Here's Why?Welcome to this quick Bitcoin update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures.
ALSO, THANK YOU FOR YOUR SUPPORT SO FAR.
MY LAST BITCOIN UPDATE which played accurately IS TRENDING AT NUMBER ONE in UK!
Let's get to the chart,
Bitcoin is trying to break the 41k level and getting rejected multiple times.
As per the chart, BTC already broke out with a successful close above 39400.
ALL WE NEED IS BTC TO STAY ABOVE 39400 in order to remain bullish.
However, it's important to be careful when you see 7 green daily candles in a row you can expect some red as well.
ALTHOUGH THE CHART IS VERY BULLISH We need to be careful here with leveraged positions.
Conclusion: BTC is bullish and must continue to the upside. Expect some consolidation down the line.
The invalidation would be a daily close below 37.4k.
If this happens all this pump would end up being a parma BULL Trap! That's unlikely IMO. So chill out :)
Upper Resistance Levels are:-
$44810
$47445
$48986
What's your thought on this?
Do you think Bitcoin's new ATH is coming?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
#BTC retraced to 37k! What will be the new higher Low?Welcome to this quick update everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
The recent trade we took is TLM Long around .26- .27 zone that we are holding now.
BTC couldn't break and close above 42k and we saw a retracement to the lower 37 levels exactly as speculated in the last update,
What's next?
There are two possible scenarios with overall bullish trend.
1. We needed a higher high for BTC we already got it so 37k are could be the level where we bounce as the new higher low.
2. Else we can retrace to the second demand zone which is around 34k to 35k level.
If you like this update do hit the like button and share your views/requests regarding trades and charts in the comments section.
Also do not forget to check out other trade setups and charts, I'll leave links below this update.
Thank you
#AXSUSDT Trade Setup, Bouncing off now!Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
Let's get straight to the chart:-
#AXS/USDT: Forming a descending wedge pattern that is generally bullish in nature.
However, the breakout will decide the direction of its trend.
If you haven't opened the position, wait for the breakout. Hidden Bullish Divergence.
ENTRY: $40.55 to $42.80
TARGETs :
$46.84
$49.30
$52.23
$57.87
Stop-loss around $39.32
DYOR before taking this trade.
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
Total Marketcap breaking out...Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
Let's get to the chart.
The total market cap chart looks really bullish here after breaking the $1.4 Trillion resistance level.
By the end of this week if the Total market cap closes above $1.68 trillion it's highly likely we will see a rally towards $1.77 to $1.8 trillion which will eventually push the whole crypto market. Both Altcoins and Bitcoin will pump together.
This is a very important chart that only a few people who always want to stay ahead use.
The structure exactly looks like BTC at 36k level.
INVALIDATION: Weekly close below $1.41 trillion.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
#1INCHUSDT Ready for Pump. BREAKING OUT!Welcome to this trade setup, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures.
1inch is breaking out now.
Inverse H&S Breakout with multiple retests on the neckline. SHows signs of accumulation.
ENTRY: $2.05 TO $2.20
TARGETS:
$2.27
$2.32
$2.39
$2.47
$2.55
Stop Loss : $2.03
DYOR before taking this trade.
More setups will be posted soon.
Do hit the like button if you want me to post such setups every day.
Do share your views in the comment section.
Thank you
#Bitcoin Dominance Pump Incoming? Alts in Danger!Welcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures.
Let's get straight to the chart.
It's been a while since I posted this chart on BTC.D,
BITCOIN Dominance is currently facing the triangular resistance.
The rejection would lead to some rally in BTC pairs.
Unless we see a confirmed breakout or a breakdown it's better to wait for now.
IMHO Bitcoin looks prime at this point so if the current money in the market flows in BTC we won't see much change in ALTS/USDT pairs. Instead, we will see a dump in BTC pairs because of an increase in BTC dominance.
What's your thought on this? Do share in the comments section.
Stay tuned
More updates coming up.
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
#TLMUSDT Trade Update+New Entry! Exclusive Setup.Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
TLM is consolidating around $0.30
I expect the price to dip around $.28 area
getting that entry could be an extra bonus for us.
those who haven't entered this trade yet.
You can still make an entry now.
ENTRY: $0.283 TO $0.305
Targets:-
$0.346
$0.367
$0.404
$0.434
Stop loss :- $0.244
As you can see a potential Inverse Head and Shoulders pattern is in making.
Invalidation will be a break below $0.27 level.
As per the pattern a successful breakout can pump TLM for almost 40% Minimum.
This trade is also based on fundamental catalysts so be careful and use less leverage better avoid it.
If you want such setups every day, do follow me, and do not forget to hit the like button.
If you have any questions, requests you can share them in the comment section.
Thank you
#PEACE
#TLMUSDT Looks price for 300%+ Rally!Welcome to this quick trade setup.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
TLM is one of the NFT coins which looks ready for the rally. All we need is a proper retest for the entry.
They also have some strong fundamentals this week.
We can see a textbook Inverse Head and Shoulders breakout here.
Considering the pattern target is around 300%+.
ENTRY: $0.2787 to $0.3050
Targets :
$0.56
$0.76
$0.83
$1.03
You can hold for more profits above this price.
The Stop Loss would be around $0.2396
#DYOR before taking this trade.
If you have more requests, drop them in the comment section I'll look into it.
#PEACE
#BTCUSD 41.4K on the board! This is why...Welcome to this quick Sunday update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I hope you enjoyed the weekend with your friends and family.
Let's get straight to the chart:-
In my previous update, I mentioned that BTC is ready for a rally towards 33k while BTC was trading around 29700+.
BTC did rally to these levels. I would call the rally towards 34785 something that saved BTC from a massive breakdown.
BTC is really looking good in the mid-term.
It already broke out of the channel resistance and currently, it's retesting the blue horizontal zone.
$32.2k to 33.4k is the main support area for Bitcoin.
I am expecting a rally towards 41k from here.
I know it's a BOLD statement but that is exactly what I see in the current chart.
There's one condition for that Bitcoin, it needs to hold the 32k Level no matter what by the weekly close.
What's your thought on this?
Do you think this correction is over?
Do you think BTC could easily pump from here?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
#BTCUSD Perfect Prediction, reached $40k! What's next?Welcome to this quick update, everyone:
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
15 HOURS BACK, In my last BTC update I speculated a move towards 41k level.
The pump was unexpected to me, I did expected a rally but not this fast to be honest!
BTC perfectly reached the 40k level last night with a huge green candle.
The market looks really bullish.
However, for a sustainable continuation pullbacks are very important in an uptrend.
Don't get carried away with the FOMO.
IMHO BTC must retrace to the 35k to 36k are and then continue to the upside eventually reaching the 41k level.
If not we will see a continued rally to the 40k level and then a rejection to the 35k level.
IMHO, A retracement to the 35k level would be very healthy for BTC.
What's your thought on this?
Do you BTC will break the 41k level too?
Do hit the like button and share your views in the comment section.
Thank you
#PEACE
#ETHUSD looks prime here! $2500 Incoming ?Welcome to this quick update on ETHUSD
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
Etherium looks really bullish as of now.
Just like the BTC chart, I posted a few hours back.
A healthy retracement would really be good for a sustainable rally towards $2800 breaking the 25k level first.
I've plotted the two scenarios I expect from here in the chart.
Scenario 2 seems likely.
What's your thought on this?
Do you think it will keep umping or retrace back for the 2k levels?
Do share your views in the comment section and do not forget to hit the like button.
#PEACE
#BTCUSD Broke below. Is it Bearish or Bounce Incoming?Bitcoin broke below the 30k level. As per my last BTC chart, this is the second scenario in play.
For Bulls, I know this is bad but not the END!
There's a lack of volume in the market.
Most importantly there's no fundamental stimulus to push positive rallies.
Bitcoin is trading below all important moving averages looking at the pattern it seems likely that a bounce is incoming from the lower trendline of the channel.
THE RSI shows a falling wedge pattern which is certainly going to break to the upside pushing the price higher.
Too much information given in the chart, do observe.
Possible areas for bounce:
28.2k
27k
24k
Just keep in mind if BTC doesn't maintain this channel by the weekly close we can retest as low as 24k in the coming weeks.
I believe a Bounce is incoming before the weekly close.
Do hit the like button if you like this update and share your views in the comment section.
Stay tuned
#PEACE
#AXSUSDT Trade Update!
AXS pumped into our entry zones 15 hours back to $27.
Our average short entry was around 26.55
AXS dumped all the way to $21.25 which is almost 20% from our entry giving us 100% profit with 5X leverage.
Technically it just broke the .23 fib level.
I took partial Profits here, closed 25% position around $21.5.
Next possible targets :
O.382 FIB LEVEL : $19.05
0.5 FIB LEVEL : $15.935
0.618 FIB LEVEL : $12.85 (Golden Pocket)
Move Stop Loss to $24.12 and hold the position.
If you want more setups like these every day, do hit the like button and share your views in the comment section.
Thank you
STAY SAFE
#PEACE
#ETHUSDT Is the Dump over?Welcome to this quick update, everyone.
#ETHUSDT bounced right off the $1706 which I called on my previous updates.
That was the golden pocket as per fIB RATIO.
What's next?
There are two scenarios and both are bullish if you see it as a mid-term signal.
We might get another. opportunity to buy ETH around $1700 that could happen purely on a complete daily rejection of $2k ETH. This is Scenario 2.
Scenario 1 is a breakout above the green zone.
If BTC manages to break and close above the Green box I believe ETH will enter into another positive wave after a long consolidation.
Stock RSI shows signs of rejection in the short term.
Let's see how daily reacts.
What's your thought on this?
Do share your views in the comment section and do not forget to hit the like button.
Thank you
#PEACE
#AXSUSDT 10x already, Is it over or more gas is left?Welcome to this quick update.
I don't generally post Altcoin setups these days but I got many requests for AXS.
So here it is.
Look at the chart.
2.8 to almost 29.15 in 22 days and you think it's intelligent to hold a LONG POSITION on AXS?
I wouldn't do that no matter what.
The community is strong but I see some good traders cashed out recently.
Since this coin has been going bananas you never know it can even break $30 in few days.
My thoughts:- Accumulate short with less than 5x leverage between $25.3 to $29
IN CASE THE TREND BREAKS which already seems it can reach as low as $12.6 Golden pocket as per Fib levels.
BREAK AND CLOSE BELOW $24 confirm the downtrend.
Stop Loss:- $30.25
DYOR before taking trades.
Do hit the like button if you like my setups and share your requests/views in the comment section.
Thank you
Stay safe
#PEACE
#BTCUSD 27k Incoming ? CRUCIAL UPDATE!!I'll just get to the point.
Bitcoin is at a crucial level right now.
It needs to close above the white trendline and break above the channel for bullish momentum.
Breaking the 33k floor was bad for BTC.
The chart looks simple and it seems 27k being the lower support zone for BTC It can get there.
It is also the demand zone so far.
We have seen multiple wicks showing buying momentum at those levels. The orange line shows what we can expect if this breakdown happens to be a fakeout.
CLEARLY A NO TRADE ZONE FOR ME.
I will be more than happy to buy BTC at lower levels.
Always look at the big picture.
BTC is poised to break $100k whether it is 2021, 2022, or 2023.
It will eventually happen!
Break and close above 33k invalidates this chart.
What's your thought on this?
Do share your views in the comment section and do not forget to hit the Like Button.
Stay safe
#PEACE
#BTCUSD Extensive Analysis, Next Demand Zone!Welcome to this extensive Analysis on bitcoin 3 days Chart.
BTC is currently trading around 33k level at the time of writing this update.
The weekly level still maintains the 50D WEMA which is a good sign for the Bulls.
While everyone wants an answer whether BTC is going to 28k or 43k I would like to share with you something very important that we need to keep an eye on,
Every time BTC starts a new rally we see a very sharp sweep to the downside to kick out all the weak hands.
We haven't seen that since we broke the 52k level.
I believe that last sweep is still due.
This could be anywhere between 23k to 28k level.
I would buy a good chunk of BTC at those levels.
I just want you to realise the current trend is too bearish!
Lack of volume, Breaking Support levels.
No fundamental catalysts.
Nothing but a series of FUD being posted everyday.
Unless BTC breaks above the 42k level with good volume and a weekly close we can expect more consolidation in the coming weeks.
We haven't seen much confirmations from the various important indicators too.
Though MACD looks bullish in this chart but it could just divert in the very next candle close. You can't just rely on one pattern or indicator for confirmations.
Remember, only a weekly break and close above the 42k level confirms a new uptrend.
Till then it's better to do small trades. Scalping is recommended if you know the basics of TA.
Do you agree with my analysis?
What's your thought on this?
If you like the information I shared here do hit the like button and share your views in the comment section.
Thank you
Stay safe
#PEACE
#ALTCOINs in Danger? Welcome to this quick update.
In my last update, I said if ALT Mcap CLOSES BELOW 738 Billion altcoins will be bearish AND YET WE SAW dump in ALTCOINS but it didn't follow how I expected.
Just shifting a few trendlines and I got the chart above.
Looks like it's still under the channel and a bounce is likely from here.
It will take some time with sideways action or even little pullbacks during the weekend.
Close below this channel could create a panic in the altcoin market with blood everywhere.
Let's hope we see a bounce from here.
Let me know your thoughts on this.
Thanks for reading, Do hit the like button if you like it and share your views in the comment section.
Thank you
Stay safe
#PEACE