ETH: QUICK UPDATE!!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 big symmetrical triangle in the daily time frame and rejecting the upper resistance line. Currently, it is trading around the $1600 level. So we have two possible scenario's from here.
First, a possible scenario is to get a bounce from the green support zone ($1420-$1500 range)
The second possible scenario is if we break below the $1420 level then there are high chances that we revisit the lower trendline of the triangle ($1200 level)
So for a bullish momentum in ETH, we need to break and hold above the symmetrical triangle.
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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 $25k crucial resistance level. Currently, it is trading around the $2k level.
So what's the next possible scenario from here? Let's discuss this.
BTC is forming an expanding wedge-like structure in 4hr time frame. As of now, we have good support in the $23.5k-$23.8k range. If BTC holds this support then we possibly see some bounce in the market.
On the other hand, if we get a close below the $23.5k level then be ready to see more dip. In that case, our next supports are $22.6k and $21.8k
The overall market is not looking good as of now. Avoid leverage trading for a few days until BTC does not correct itself completely. This is the time to stay sideline for a while.
I'll keep updating you when the next opportunity arrives. Till then stay safe,
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BTC: ADAM&EVE BULLISH PATTERN!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this BTC update. BTC is currently trading near the crucial resistance level of $25k so what's the next possible move from here? Let's discuss this.
BTC is forming an Adam&Eve pattern in the daily time frame and currently trading near the resistance level. All we need is a daily close above the $25.2k level for breaking out from this pattern. Once we get a clear breakout we are ready to go to the $30k level.
But until we close above the resistance level stay cautious. I'll keep updating you regarding this.
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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. After the CPI data, BTC quickly pumps above the $22k zone from the important support level of $21.5k level. So what's next?
BTC is forming a falling wedge-like structure in 4hr time frame which is generally a bullish pattern. Currently, it is trading near the upper trendline of the wedge. We need to break and close above this wedge for a bullish breakout. Once it breaks above the wedge we can expect more pump up to $24k from here.
In case of rejection, we might see another retest of the $21.5k level and expect a pump from there.
So the plan is really simple here. Either wait for a breakout or wait for some dip up to the $21.5k level.
Invalidation of this bullish scenario if we get a 4hr close below the $21.3k level.
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ETH SHOULD RETEST THE $1250-$1350 ZONE!!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 breaks down the rising channel in the daily time frame and currently trading around the $1500 level. It also forms a big symmetrical triangle which is not retested yet. For another potential rally in ETH, we just need to retest this triangle. We also have an important support level of $1250-$1350 at the triangle retest area.
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BTC: CORRECTION PHASE BEGINS! DO NOT BLINDLY BUY THE DIPS!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update. Everyone was expecting $25k before the correction but as you know BTC always gives surprises. Currently, it is trading below the $22k level. Let's discuss what's the next possible scenario from here.
BTC start correcting itself. We have two significant supports. One is at the $21.5k-$21.8k level and another is at the $17.5k-$18.5k level. If BTC couldn't hold our first support then be ready to buy in the lower areas.
This is the time you have to be very patient. Of course, the market gives some bounces but all these bounces are just trapped IMO. So better wait for confirmation and not take any trade blindly.
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BTC UPDATE! 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 BTC update.
BTC is rejecting from the $24k level and slowly going down. It is forming an ascending channel pattern in 4hr time frame and currently trading around the lower line of the channel. We have crucial support of BTC at the $22.3k-$22.8k level. Break and closing below $22.3k will be bad for the market and then we see more correction.
If it holds the $22.3k-$22.8k area then we expect some bounce. Let's see how the price reacts in the next few hours.
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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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