FTX Token (FTT) Bullish Breakout, Long-Term Up IncomingFTX Token (FTTBTC) just printed a very strong bullish breakout and this is giving me the feeling of upcoming, sustained long-term growth.
We can see a strong big candle today which puts FTTBTC above all my EMAs/MA.
The trading volume has been green for the past 3 days and the RSI is looking very good (these are bullish signals).
The MACD is printing a young bullish crossover and allows for additional growth.
We can easily see 35%+ coming out of this pair in the coming days/weeks but 85%+ is also possible mid-term...
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Conditions for change
This is an early signal since the daily candle is yet to close.
If prices breakdown and close below EMA200/MA200, the above signals become invalid and a new analysis is needed.
Any trading above EMA50 and we remain strongly bullish on FTX Token vs Bitcoin.
Remember to hit LIKE to show your support.
Namaste.
FTX
$ADA : Possible wyckoff accumilation range playing out.Wyckoff is a type of accumilation range whales use to control the market and fill there bags before the price shoots up.
We need to flip the level marked "Resistance" As support now for this to play out.
ADA looks exactly like one, check my previous ETH idea linked below for another wyckoff that played out recently.
LARGO - ETH - Oportunidad de CompraFTX:ETHUSDT se ve demasiado alcista, esta es una oportunidad para que el que no este adentro pueda entrar en esta posición, ya por fin hemos roto la gran resistencia en ~285, lo que significa que tenemos el camino libre hasta las proximas resistencias en ~318 y ~366. Un retest del soporte en ~286 es una buena oportunidad de compra.
Entrada: 285.23
Objetivo 1: 318.7
Objetivo 2: 366.5
SL: 272.52
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LINK - Testing a range highAfter successfully broke through 4h resistance, LINKPERP is approaching a range high (purple zones) on daily near $8. Almost sure it will be tested today.
Not a fan of breakout trading, so I'll wait for the retest of $8 level to enter any position
Hit the "LIKE" button and follow to support, thank you!
Information is just for educational purposes, never financial advice. Always do your own research.
SXP (Swipe) - Tried to push higher, but rejected SXP price tried to hold above $1.6, but was rejected. Looking for longs at bit lower, in $1.45 - 1.40 zone.
Hit the "LIKE" button and follow to support, thank you,
Information is just for educational purposes, never financial advice. Always do your own research.
SHORT - DRGN - Trading OpportunityFTX:DRGNPERP tried to break ATH resistance, seemed to succeed but has now broken down below support, retested it and continued to go down, will probably go back to previous supports. This is also an index based on a few chinese altcoins, and with the market being in a place where it's hard to gauge what's going to happen next, this probably is going to take a huge hit if things go south.
Entry: 1189.2
Target 1: 1078.8
Target 2: 993.2
SL: 1240.6
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Cup and Handle ready for the retestAlthough there isn't much data on Theta on FTX, a nice Cup and Handle has formed with a retest of the neckline initially failing to penetrate although it is still looking like it might with a Bullish Engulfing and the Daily candle almost closing. Volume has subsided in the middle and increased as price returned to the neckline. The measured move takes it to 0.30610 sats and with BTC looking a little bearish for the time being on an intraday chart and many other alts having a pump, it looks like it could be Theta's turn.
The neckline is a very strong resistance though with this being the fourth attempt at breaking it. The 4hr time frame showing an increasing OBV with price ranging and being held by the day 10 MA. A Bullflag has also formed on the 1hr with some higher than normal volume.
Entry, stop loss and exit have been added onto the chart!
Let me know in the comments if you agree/disagree... Don't forget to follow me on Twitter @BeerCanCapital
LONG - LINK - Trading OpportunityAscending triangle like formation on FTX:LINKPERP , seems like it wants to keep going, market is really euphoric right now so it will probably keep going even it it hits the stop loss, volume also checks out
Buying on a breakout.
Entry: 6.34
Target 1: 6.7270
Target 2: 7.0070
SL: 6.2095
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LONG - KNC - Trading OpportunityFTX:KNCPERP has been drawing a symmetric triangle for the past week already, this has been the 3rd bounce from the bottom trendline, looking to take advantage of the move, if it breaks out we will buy again on a retest.
Entry: 1.5912
Target: 1.7395
SL: 1.5389
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
Vechain price may drop sharply.Vechain is a quality blockchain project.
It is a project that is in cooperation with many companies and is suitable for the needs of the age.
The news that the Vechain team will participate in the World Artificial Intelligence launch in China; vechain over-priced its price.
Of course, it is important to make a vechain presentation against world giants leaders, but is it important enough to leave 2x profit? This subject may vary from person to person.
Here is the long-term technique of vechain price.
Red zones are horizontal and sloping trend areas.
The price of vechain, which could not exceed the red area, includes the potential for falling.
SHORT - ADA - Trading OpportunityHuge bearish divergence formation on FTX:ADAPERP , although volume has been really strong and other indicators still show bullish, this is certainly a chance that we cannot miss as this divergence has been forming on higher timeframes aswell.
Entry: 0.104655
Target 1: 0.09677
Target 2: 0.090905
SL: 0.107590
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
LONG - ETC - Trading OpportunityAfter slowly melting away for a couple of months FTX:ETCPERP seems to have formed a bottom, and now it is breaking upwards, kumo breakout on the 4h cloud and entering the cloud on the 6h chart, looking quite promising.
Entry: 5.9575
Target 1: 6.1735
Target 2: 6.44
SL: 5.8610
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
#Bitcoin : Clear consolidation range.This is just a simple chart outlining the clear consolidation range Bitcoin is in, expecting swings within the range and until we get a nice close and support/resistance flip outside the range its pretty hard to say where exactly bitcoin will go.
We are near the bottom of the range now so its either we keep pumping upwards from here or test the 8600 level soon.
You can see the clear defined orders in the heatmap here :
media.discordapp.net
the yellow lines are high density.
BTC and ETH PrepSwap-Spot basis on avg currently positiveComparison BTC and ETH pairs between BitMEX, Deribit and FTX Perpetual Swaps vs Coinbase (Spot) price basis.
We can observe an on-going basis pattern currently trending positive (trading with premium).
Positive basis is leading information towards funding rate becoming positive as well.
Positive Funding rates means Longs pay Shorts
Longs paying shorts mean market makers will have the incentive to provide liquidity to longs. Even if that means another 30% rally up but crash bellow price point where funding turned positive is strongly possible.
These analysis are nuanced as usual but as we keep trading in the range the more stronger is the bearish case if we dont see the flip to the negative side.
Basis being positive means that Funding rates will be affected accordingly to the positive side.
When price trading with a premium market makers have the incentive to provide liquidity to longs by being short because they earn the funding. This is particular important at top of uptrend rallies where they can "engineer" another (fomo) rally or an upthrust while knowing that dump is eminent because of the path of least resistance.
This can also be used to artificually surpress price moving too much up. Likewise they keep providing strong liquidity to shorts while ensuring that price wont move much and this way allowing alts to have their rally vs btc and eth.
So either this is an effort to keep price still trading in the range while allowing alts to run OR it's the beggining of another significant drop in BTC and ETH price.
COMP - Full retrace incoming? Looks not as good now as before, has dumped 44% and weakly bounced. If it loses 200 level, it will completely roll back.
I think if bitcoin continues to fall or sideways it will dump.
Plan to short a retest of the $240 resistance.
The biggest supply APY:
06/21: BAT : 25.45%; for USDT it's 0.1%. COMP: $350
06/21: BAT : 25.28%; for USDT it's 0.15%. COMP: $217
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
Bitcoin - Ranging, Volatility spike soonNothing happens, on HTF bitcoin is slowly moving in the middle of the big range between $10k and $8.6k, printing wicks up and down.
I think it should be resolved soon, but how "soon" and which direction is not clear.
I'm in a small long from $9375, waiting for the bullish or bearish confirmation.
I think volatility will explode soon, so I'm observing MOVE contract on FTX for a short volatility scalp trade.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
SHORT - BNB - Trading OpportunityFTX:BNBPERP getting a clear rejection of the top of the 1d cloud making confluence with the MA50, Kijun has been retested multiple times so we doubt it will work as a really strong resistance, looking for previous support and bottom of the cloud as target.
Entry: 16.5875
Target 1: 14.99
Target 2: 13.7375
SL: 17.19
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
Change of Behavior on LOW CAP CRYPTO INDEXWYCKOFF STORY
1. Supply comes in but it is quickly absorbed. A trading range starts.
2. Shakeout and successful test. Phase C is completed.
3. Supply is still present on the top half of the range, but it’s quickly absorbed. The uptrend starts.
At point 4 supply comes in on the overbought line of the uptrend channel, a danger point. However, price holds and a test as a higher high on low volume indicate that buyers are accepting higher prices.
Price accelerate to the upside, climactic move. Change of Behavior.
TACTICS: The uptrend has ended, we are now consolidating. At point the highest supply signature since the beginning of the uptrend suggests that we will likely revisit the support.
Trading the Crypto Market with the Wyckoff Method course starts in July
www.wyckoffanalytics.com
LONG - LINK - Trading OpportunityAfter FTX:LINKPERP managed to break above the MA200 on the 4h chart, trying to mitigate the huge fall down from before. Now it is retesting once again this important support which also makes confluence with another support. Setting SL at a wick below these lines.
Entry: 4.0765
Target 1: 4.2810
Target 2: 4.5165
SL: 3.9955
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
BTC long idea- price had a nice reaction off of 4H demand. It tagged it and had a very fast rally away from it.
- then it reclaimed monthly open which acted as a major support zone before and should have acted as resistance on the way back up
- the failure of this support-resistance-flip in itself can be a strong entry trigger
- long target will be the first trouble area in form of the lowest 4H close before the break down
SHORT - MATIC - Trading OpportunityMA200 retest on the 4h chart with no volume, with a soon to be death cross, this is not looking good FTX:MATICPERP , the mainnet hype seems to have been over a long time ago already.
Entry: 0.02052
Target: 0.01856
SL: 0.0210780
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).
LONG - KNC - Trading OpportunityBINANCE:KNCBTC has finally managed to break above this resistance that had been holding it for quite some time now, after a beautiful retest, it seems like its ready to go for the next resistance. KNC is also a coin that is looking extremely good in the long term, as it's been on an uptrend for quite some time now, even being inside the weekly ichimoku cloud, it wouldn't surprise us if it was to go a couple of hundred percents up from here.
Entry: 0.00007856
Target 1: 0.00009021
Target 2: 0.000010195
SL: 0.00007359
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).