XRP LONG SETUP! READY FOR A 15% PUMP!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this XRP/USDT trade setup.
XRP looks good here. Breaks out from the symmetrical triangle in a 4hr time frame and a retest is also done. Long some here and add more in the dip.
Entry range:- $0.406-$0.413
TP1:- $0.426
TP2:- $0.444
TP3:- $0.472
SL:- $0.3964
Lev:- 10x
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BTC: HEADING TOWARDS $25K, WHAT'S NEXT??Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
BTC is going good so far. After the 25BPS announcement from Powell it pumps well and cross above $24k. Heading towards its major resistance which is at $24k-$25k level. Still there is no major correction yet. So what we can expect from here?
We have a major resistance at $24k-$25k level so IMO we will not able to break this resistance in a single go. We might see a good correction from this $24k-$25k zone. But in case if we get a daily or weekly close above $25k then we might see more upside before any correction.
So far it is looking bullish. Try to buy Alts which will not pump much yet or wait for the correction.
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BTC: $25K BEFORE FOMC AND THEN NUKE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
BTC is going well and is currently trading above the $23.5k level. Let's discuss the next possible scenario from here.
BTC breaks above the crucial resistance of $23.3k after two days and as of now holds above it very well. As long as BTC holds above this $23k-$23.3k level we have a high chance that we see another leg up.
We have another important FED meeting (FOMC) on Wednesday so I'm expecting a last push up to the $25k level before FOMC and after that, we might see a huge correction.
Overall this week will be very crucial for us so trade very carefully. Do not get REKT by doing Fomo or some silly mistakes. Remember market always gives opportunities no matter what.
Invalidation of $25k is if we break below $22.5
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BTC QUICK UPDATE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
BTC is rejecting from the upper trendline resistance and made a low of $22.3k and bounce back. As of now holding the green box area so far. What's the next possible scenario from here?
As you see in the chart, BTC is forming a bull flag kind of structure in 1hr time frame. Once it breakout everyone become euphoric and thinking it will hit $25k next but IMO, that will be a big trap by the market makers and they dumped it instantly.
Next week we have FOMC so we definitely see a huge volatility. Stay cautious!
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SKL/USDT BREAKOUT! READY FOR A 30-40% PUMP!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this SKL/USDT trade setup.
SKL looks good here. Breaks out from the bullish pennant in 1hr time frame. Long now and add more in dip.
Target:- 30-40%
SL:- $0.0345
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BTC LTF UPDATE! BEST POSSIBLE SCENARIO FROM HERE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update. BTC is still holding pretty well. The bulls are in complete control here. Let's find out what's the next possible scenario from here.
BTC is forming a falling wedge-like structure in 1hr time frame. We have strong support in the $22.3k-$22.5k range. As long as BTC holds this zone we can expect another touch to the $23.4k level.
After hitting $23.4k we might see a significant rejection but all that depends on how the price reacts there. Will post this scenario in our next update when BTC reaches there.
Invalidation:- Breaks and closes below $22.2k is invalidation for this bullish scenario.
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BTC: MORE DUMP AHEAD!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update. In my previous BTC update, I clearly mention that BTC is at resistance so do not hold your longs and book profits in your long position. Hope you guys listed and save yourself in this dump.
Now, what's the next possible scenario from here?
BTC is forming an ascending broadening wedge-like structure in 2hr time frame which is generally a bearish pattern. After breaking down this broadening wedge, it is currently retesting it. So after this successful bearish retest, I'm expecting more dumps from here.
Invalidation:- Break and close above $21.1k will invalidate this bearish broadening wedge scenario.
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BTC: QUICK UPDATE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
BTC is forming an ascending channel-like structure in a 1hr time frame which is generally a bearish pattern. RSI is also showing bearish divergence. Price is still moving inside a channel and we might see another pump above the $21.5k level for trapping more longs and after that, a dump will be coming.
Once it breaks down the channel then it is a confirmation for the price to go lower.
Invalidation:- Break and close above $21.8k
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ALT M.CAP UPDATE! Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this TOTAL2 aka ALT MARKET CAP update.
TOTAL M.CAP is forming a falling wedge-like structure in the daily time frame and currently facing strong resistance at the upper trendline of the wedge. If it is rejected from here and starts dropping, we see a dump in Alts as well. In a bullish case, if it breaks out and gives a daily close above the red resistance line then more pumps are upcoming in Alts.
So basically I'm waiting for a reaction here first. I'm not longing for anything when Alt M.cap is at resistance.
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BTC: BEST POSSIBLE SCENARIO FROM HERE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this BTC update. My previous BTC analysis went wrong, I didn't expect that quick pump from $18k to $21k and IMO no one caught that kind of move. Still, I fully accept my mistake and try to learn more daily from the market.
Now, let's get to the chart.
As you see, BTC is forming a large falling wedge-like structure in the 2-day time frame and currently rejecting from the upper trendline of the wedge. From here, I'm expecting a correction up to $18k-$19k and this is the zone where I buy everything with a tight SL.
I'm expecting that after reaching the $18k-$19k zone, BTC will start pumping and breaking this falling wedge. Once it breaks above it then be ready for $30k
Invalidation of bullish scenario will be close below $18k
So as of now wait patiently until BTC reaches the support zone ($18k-$19k). Meanwhile, in between, try to do some scalp with a strict SL.
What do you think about this? Do you agree that BTC should do a pullback from here? Let me know your thoughts in the comment section.
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BTC: BEAR FLAG! DUMP AHEAD!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update. BTC is pumped very well in the last few days. It touched the $19k level. Now, what's the possible scenario from here? Let's discuss it in this analysis.
As you see in the chart, BTC is forming a bear flag in the daily time frame and currently, at the upper trendline of the flag. I'm expecting a rejection from here.
$19k is a crucial resistance level for BTC. If we get a weekly close above $19k then this flag will be invalidated and then we might see another rally up to the $22k level. But as long as BTC is inside this flag, I'm expecting a dump from here.
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BTC IS AT RESISTANCE! EXPECTING A CORRECTION FROM HERE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update. The first week of 2023 was going fantastic, we saw a good pump in the market. If you followed my previous analysis of BTC in which I clearly mentioned that BTC will go to test the $17.3k-$17.5k level and exactly the same happened.
Now, what's next?
As you see in the chart, currently, BTC is trading in the resistance zone. $17.3k-$17.6k is a crucial resistance area. I'm expecting a rejection from here and we might see a test of $16.8k-$17k from here.
Tomorrow, CPI data will release and I'm expecting a bad CPI this time. So every pump before the CPI is just a trap IMO.
Let's see how this goes.
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TOTAL2: EXIT PUMP OR START OF A NEW ALTSEANSON??Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this TOTAL2 aka ALT MARKET CAP update. When I posted this chart a few days ago, Alt M.cap was at $440B and currently, it is trading at $476B. It is going perfectly so far. We see a huge pump in the Alts. Hope you guys followed my projection and made good money.
Now, the question is is this the start of the new Altseason or this pump will fade up in the next few days? So to get the answer to this question read the whole update carefully.
As you see in the chart, Alt M.cap is forming a descending channel in the daily time frame and currently, it is trading near the upper trendline of the channel. Here we have some resistance. So IMO, it is not worth taking new positions here until we break and close above this channel with confirmation. There is no doubt in that we see some more pumps in Alts but it is not worth taking any new positions here.
If you are holding some Alts, then book profit or partial profit and wait for the dip to take new entries.
That's all from my side. What do you think about this? Let me know in the comment section.
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SOL/USDT LONG SCALP SETUP! READY FOR A PUMP!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this SOL/USDT trade update. SOLANA looks good in LTF. It breaks out from the triangle and currently retesting it. Long some now and add more in the dip.
Entry:- At CMP
Target:- $13.75
Target2:- $14.20
Target3:- $14.60
Target4:- More upside
SL:- $12.98
Lev:- 10x
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ETH IS AT RESISTANCE! EXPECTING A REJECTION FROM HERE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick ETH update.
ETH is forming a bear flag in 4hr, which is generally a bearish pattern. It is currently, near the upper boundary of the flag. I am expecting a rejection from here.
After the rejection, we have two supports one is at around the $1220 level and another one is at the $1190. Breaks and close below $1190 will be bad for the overall market and we might see a massive dump.
Invalidation:- If any 4hr candle breaks and closes above the flag's upper boundary ($1250), then this bearish scenario will invalidate.
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TOTAL2: ALTS RELIEF BOUNCE INCOMING!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this TOTAL2 aka ALT MARKET CAP update. As 2022 is ending and this year might be not good for us but hope 2023 will be the best year for everyone and you guys make a lot of money this year.
According to the chart, Total2 is an important support level and currently holds this support very well. We can expect a bounce from here. It means we see some relief rally in Alts in the first two weeks of 2023. Rsis also shows bullish divergence.
Invalidation level:- Daily close below $430B
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Wish you a very happy new year everyone. Hope this year brings lots of joy and happiness in your life.
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BTC: NEXT POSSIBLE MOVE FOR FIRST TWO WEEKS OF 2023....Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update. BTC is going down slowly as I told you in my previous BTC update.
BTC made a low of $16333 and I'm still expecting it to hit the $16.2k level. After hitting the $16k-$16.2k level, I'm expecting a good relief bounce up to the $17.5k level in the first two weeks of January.
Invalidation:- Daily close below $16k will invalidate this chart.
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ETH NEXT POSSIBLE SCENARIO!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick ETH update.
ETH is forming a bearish flag pattern in the 4hf time frame and currently, it is testing the middle line of the flag. I'm expecting a rejection from here and the price might go to test the lower line of the flag. Here we have strong support also.
After hitting the lower line, we can expect a bounce up to the $1230-$1250 range. I'm setting my long bids at the $1150-$1170 range with the tight SL. Let's see how this goes.
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BTC QUICK UPDATE! NEXT POSSIBLE MOVE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
BTC is still struggling to break the $17k resistance level and is currently trading around $16.8k. Price has been stuck in this range for the last few days because of Christmas. Now we might see some volatile move but the question is in which direction? Let us try to find this in this analysis.
According to the chart, BTC is forming an ascending triangle in a 4hr time frame and currently rejecting from the triangle's upper trendline. IMO, BTC breaks down this triangle and the price might hit the $16.2k-$16.4k level before any upward move. After hitting the $16.2k level, if the price holds there then we resume the uptrend.
Invalidation Level:- Any 4hr candle close above $17k
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BNB: DO OR DIE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this BNB update. As you know recently we have seen many FUD against Binance. No one knows whether these fud are true or not but we trying to understand the situation by reading the chart.
BNB is currently trading around the $245 level. It is trading inside a descending triangle in the weekly time frame. It has very strong weekly support at the $210 level. If BNB breaks and closes below the $210 level then I didn't see any good support until $40 in this weekly chart.
So is it possible that BNB goes in two digits? Don't know yet but nothing is impossible in crypto. We have to see many unlikely events this year like FTX, 3AC, LUNA, and many more. So that's why anything is possible. All we can do is stay alert and preserve our capital.
Until BNB holds above the $210 level it is safe and it's a good buying zone with a little SL of below $200
Let's see how next year will come to us. Hope for the best.
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BTC: WILL MANAGE TO HOLD THIS LEGENDARY SUPPORT LINE??Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this important weekly BTC update.
As 2022 is about to end, If you still manage to survive in this bear market and read this update then congrats you almost make it, and soon this bear market pain will be over.
We have been in a bear market for more than one year. And the biggest question of this year is "WHERE IS THE BOTTOM OF THIS BEAR MARKET?" So in this analysis, I'm trying to give you some hints and my thoughts regarding this.
As you see in the chart, we have a very crucial support line at around the $15k level. BTC manage to hold this trend line for the last 5 years. Every time price touched this trendline, we got a very good bounce. So there is a very high chance that history repeats this time also.
In the worst case, if we got any weekly close below $15k then be ready for a $10k-12k level but as long as we hold this legendary trendline support bottom is here.
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BTC: FORMING BEAR FLAG IN LTF!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update.
BTC is not looking good in LTF. It is forming a bear flag in 1hr time frame which is a bearish pattern. Price is still inside the flag. Once it breaks down the flag we got more confirmation of a downside move. If BTC breaks down this bear flag then the possible target is $15.8k-$16k
Invalidation:- Any hourly candle close above $17k
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BTC DOM UPDATE! ALTS MIGHT DUMP 40-50% FROM HERE IF??Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this Bitcoin Dominance update. BTC Dominance is inversely correlated with Alts. When dominance pumps, Alts dump, and when dominance dump, Alts pump.
According to the weekly chart of BTC Dom, it is forming a descending triangle here and currently trading near the above trendline. If it breaks out from this triangle then it will be very bad for Altcoins. Meanwhile, rejection from here will give some relief rally in the Alts.
For more confirmation, we have to wait for another weekly close. Let's see how this goes. I'll keep updating you.
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