ChainAssetsCapital

ChainAssetsCapital

The week for filling up our bags is near. By 14th or 15th we shall have BTC reach our first target of 10500, and if it holds it in the first go, we should be looking for an upward potential of at least 60 to 70% in BTC alone. if it fails to hold the 10500 levels we should expect it to drop a little over 27 to 28% more to meet our next Fibonacci level at...

ChainAssetsCapital

We believe Ethereum bottom is not done yet and we are certain that we will see ethereum in sub 500 levels to pick up for long term. #ethereum #cryptoanalysis #bitcoin

15:25

ChainAssetsCapital

Hi Everyone, We all are waiting for another Bull Run or Relief Rally from Market for a while now, but will it be attained any time soon or do we need to wait for a long duration of time for that to happen. Most Indicators are simply lagging indicators and can only tell so much about the actual future price of Market. However, that's not the case with Fibonacci...

17:19

ChainAssetsCapital

Hi Everyone, I hope everyone's doing great and we know you all are waiting for market to MOVE in either direction, but here's our little input for you. Please do let us know of what you think about market and what other Major moves you think market can make in the comment section below. Entry:- Tomorrow at 5:30 AM (GMT:5:30 HRS). SL :- 32k TP :- 48K Risk to...

ChainAssetsCapital

Hello Traders, Weekly close was more of a Downtrend Depletion with a Doji being formed on our charts. However, as we see it now, we are currently looking at a weekly opening which could end up creating quite a lot of Panic in our trading community. We have already gone below our last week's Low and the week just started. Although we would want to believe that its...

20:00

ChainAssetsCapital

Hi Everyone, this is an update to our last analysis. Looks like we tried to respect the move on btcusd Support, but the price action is against us. This again can be because of worldwide panic of going into a hypothetical World War / Cyber War with nations, but Market is still trying its best to NOT make a Lower Low on Weekly time frame. This in turn can be...

19:38

ChainAssetsCapital

A macro scale analysis on BTCUSD for weekly time frame to see where we are headed in the Long/Short Term. We see that BTC is taking support at 50% fib level on Monthly as well as weekly time frame. Additionally it seems like we also have other fib levels supporting the price to go in the upside direction. Other than that, we also have a Parallel Trend Channel...

ChainAssetsCapital

Hi Everyone! Another Update on our BTCUSDT Chart. Looks like we are now proceeding as per our last projections wherein we suggested that BTCUSDT might be looking for $42000 levels. AS those levels are now achieved and we have a somewhat stabilized BTCUSDT movement. It is now time for us to take a look at BTCUSDT Chart one more time. Negative Narrative: We...

ChainAssetsCapital Updated 

Just now, compared Fibo on Two different Levels of BTC to validate the current move and found out that, with Previous High as 52920 and Low as 28805, we satisfy the current BTC Resistance Level at 161.8%. If then recalculated from its current Top at 69000 and Low at 39600, we get a fair support at 54300. Previous High was 52920 (Approx. 53000) and New Fibo...

ChainAssetsCapital

Hello Everyone, we just noticed that DXY is extremely bullish at the moment, and thus we can conclude that the majority of Traders both on Organizational and Individual Level are having their doubts about the market. Looks like Dollar index will open with a Gap Up tomorrow, and thus it can result in sudden drop of Crypto Markets. Obviously we may be able to...

ChainAssetsCapital

It has been a hot topic of whether to take entries into ALTS is a good option now or not. We too took our sweet time checking markets for sure. ETHUSDT which is the Pied Piper for ALTS(mice) is currently facing a sort of resistance (around 1900). If we break through this $1900 level with a good volume then surely that can be considered as a good sign of taking...

ChainAssetsCapital

Hello everyone! So the past few Days have been tricky and we certainly have not been able to tell where the market is headed next. We at Chainassets.capital have been riding this rollercoster as well. Anyhow, for the time being we have two possible situations here. ETH going up from here is a more likely scenario since we just bounced off 50% fib level, and...

ChainAssetsCapital Updated 

Should we start Shorting BTC and ETH now? Going by current Market Trend, we see that it took support from $1300 area and made a rally till this current Point, However, Going by the Trend Channels drawn in the mentioned link proves that, this might be it for the current small bull run. I'm still Bullish on ETH and BTC as a whole for long term, but for short...

ChainAssetsCapital

We have few scenarios here, BTC is currently trading below its Support level as per Volume Profile, and same goes for ETH. BTC.D is also about to fall, indicating slight rise in either Dollar Index or OTHERS.D. If the charts are right, and everything is following its Fibonacci range, we at ChainAssets.Capital are expecting BTC to fall even more and see a new...

ChainAssetsCapital

Looks like we have seen an ATH for now, this isn't coming from a long Bull Run Cycle that we saw in the previous 4-5 months, but the analysis seems to be following Fibonacci Levels. Last week we saw ETH and BTC touching new highs, with the advent of new Traders/holders coming from all sort of areas, who maybe followed Elon's Comments of Cryptos, however, looks...

ChainAssetsCapital

How many of you know there was a massive sell off of $DXY during Mar 17 - Dec,17 and there was a massive bull run of #btc and $alts during the same period. Fyi, $DXY sell off has just started again since April 2020 and broken a 9 year long monthly trendline in July. At the same time, gold has broken its 9 year long ATH in July only And monthly closure is tonight....