BTC IS AT VERY CRUCIAL LEVEL! BREAK BELOW THIS THEN $14K IS NEXTHello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. From the starting of September I keep telling you that BTC is not looking good and might see some big drop in this month. When BTC is trading at around $23k in the starting of this month everyone was start calling to $30k is next, I told you that this was just a retest (Link of the charts given below). Hope you guys listened and save your hard earned money.
Now let's get to the chart.
BTC is forming a head and shoulder pattern in the daily time frame which is generally a bearish pattern. Currently, it is at the neckline of this head and shoulder. Any daily close below this neckline ($18.5k level) will take us to the $14k level from here.
However, IMO we might see some bounce from here in short term so don't try to short now. Wait for a confirm breakdown.
I hope this will never break below this neckline but let's see what happens. Whatever happens I'm ready to buy every dip and set my bids around $14k-$15k level.
What do you think about this?
Do you think that it will break below the neckline or do you think this is the bottom?
Share your views in the comment section.
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CHZ/BTC TRADE SETUP! A NEW ATH INCOMING!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this CHZ/BTC trade setup.
CHZ looks very bullish in the daily time frame. It is breaking out from the bull flag like structure in the daily time frame. Expecting a 150% pump from here. Buy some here and add more in the dip.
Entry range:- 1000-1100 sats
Target:- 100-150%
SL:- 900 sats
CHZ is a Fan token and world cup is coming in the month on Nov. so we might see some good rally in many fan tokens. Buying a decent bag of CHZ here and will add more in the dip.
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REEF/USDT LONG SETUP!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this REEF/USDT trade setup.
REEF looks good here. Breaks out in 1hr TF and currently retesting it. Open a long position here and add more in the dip.
Target1:- $0.00524
Target2:- $0.00562
Target3:- $0.00586
Target4:- $0.00628
SL:- $0.00455
Use low leverage (2x-4x)
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DOGE/USDT LONG SETUP! READY FOR 40-50% PUMP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this DOGE/USDT trade setup.
DOGE looks bullish here. Breaks out from the descending triangle in 8hr time frame. Open long position now and add more in the dip.
Target1:- $0.065
Target2:- $0.072
Target3:- $0.078
Target4:- $0.088
SL:- $0.056
Use low leverage:- 2x-4x
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BTC/USDT UPDATE! ANOTHER BEARISH PATTERN FORMING!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. I'm keeping it very simple and short here.
BTC is forming a descending triangle in the daily time frame which is generally a bearish pattern. Currently, it is trading above $20k and holding the $19.8k support very well so far. We can expect some short-term bounce from here up to the $21.5k-$22k level and after reaching there another rejection is highly possible.
The important support level of BTC is the $18k mark, any daily close below the $18k level will confirm the breakdown of this descending triangle. After the breakdown, we might see a $12k-$13k level.
Invalidation:- Any daily close above the $22.5k level
What do you think about this?
Do you also think that we can see a dump up to the $12k-$13k level in upcoming days or do you think that this is the bottom?
Share your views in the comment section.
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BNB/USDT SHORT SCALP SETUP! Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BNB trade setup.
BNB is forming a bearish pennant pattern in 30 min TF and looks bearish here. Open a short position here and add more to the upside.
Targets:- $270/$265/$260/$255
SL:- $283
Lev:- 20x
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ETH: WHERE IT GOES AFTER THE MERGE EVENT?Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
ETH is forming an ascending broadening wedge pattern in a 4hr time frame which is generally a bearish pattern. After a few hours, the ETH merge event is going to take place and IMO this is the sell the news event. Still, for confirmation, ETH needs to break below the lower trendline of the wedge.
Overall things look bearish here.
What do you think about this?
Do you think that after the merge event it's dumping hard or do you think that it is going to pump from here?
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BTC: PERFECTLY PLAYING THIS BEAR FLAG SCENARIO SO FAR!! Hello everyone, if you like the idea, do not forget to support with a like and follow.
Posted a BTC update a few days back when BTC is trading around $22k and told you that this whole bullish move might be a retest (Link given below). When everyone is extremely bullish and telling $30k by the end of this month. I told you that this whole move might be a retest. Following perfectly so far. Hope you guys listened and did not hold any long position.
As of now $20.2k-$20.5K is important to support here. I hold then we might see some bounce. A daily close below $20.2k and we are all set to go again $19k-$19.5k
There is a high chance that BTC made a new low this month and that might be our last opportunity to buy BTC at lower prices.
Let's see how this goes. We will always keep you updated about the market and try our best to give you. All we need is your little bit of support and love.
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USDT DOMINANCE UPDATE! A BULLISH RETEST!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this USDT Dominance update. USDT Dominance works opposite to the BTC and Alts. It means when USDT Dominance pumps, BTC, and Alts dumps, and vice versa.
Now let's get to the chart.
According to this daily time frame chart, USDT dominance breaks out from the descending triangle and currently looks like it is retesting the triangle. After this successful retest, we can expect a bounce in dominance and a dump in the crypto market.
Invalidation:- Daily candle close below the 6.30 level will invalidate this chart.
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TOTAL M.CAP: BEAR FLAG RETEST!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this Total M.cap update. Personally, I'm not a bear. I enjoyed more in the green market. I'm happy if this chart will invalidate but we have to be cautious until things look better.
Now let's get to the chart.
Total M.cap is currently trading above the $1T level. It is forming a bear flag in the daily time frame. After the breaking down of this bear flag, it looks like a clean retest of this bear flag. If this bear flag played out completely then we might see a 35-40% downside move in market cap.
Invalidation:- Any daily candle close above the $1.04T level will invalidate this bear flag.
What do you think about this?
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BTC: WHAT IF THIS WHOLE MOVE IS JUST A RETEST??Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. BTC is continuously pumping from the $18.5k level and currently trading above the $21.6k level. After posting this chart many of you guys don't like this but as a trader, we have to be aware of every possible scenario and I'm just sharing my idea here.
According to this 2D time frame chart, BTC breaks down the bear flag and this whole pump looks like a retest to this bear flag. If this was a retest then we see a dump soon. On the 13th of September CPI data will release so I'm expecting a dump on that day and before that, on weekend we might see some more bullish scenarios for trapping more and more longs.
Just be cautious here and wait for the weekly close is much better here IMO.
Invalidation:- If this 2D candle closes inside the flag (Above the $22.2k level) then this bearish scenario will be invalidated.
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BTC: BREAKS OUT! NEED A RETEST!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. My last scenario got invalidated because BTC 4hr candle close above the $19.5k level. Currently, it is trading above the $20.3k level.
According to the chart, BTC is breaking out from the falling wedge-like structure and currently facing some resistance at the $20.5k level. IMO, for a successful upside movement, BTC must retest the $19.5k level from here and get a strong bounce from there.
If it again closes below the $19.5k level then this bullish scenario will be invalidated.
As of now, I'm waiting for a perfect retest to take some long positions.
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BTC BREAKSDOWN! WHAT'S THE NEXT POSSIBLE SCENARIO!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. In my previous BTC update I told you that we might see a breakdown of this descending triangle and exactly the same happened.
Now what's next?
Now, IMO BTC must take a little bit support here and bounce to the $19.5k zone for a perfect retest of this descending triangle. Meanwhile, it might form a little head and shoulder type pattern in the process of this retest. And after the successful retest of this $19.5k level my target is $17.5k
Invalidation:- Any 4hr candle close above $19.5k level will invalidate this breakdown.
What do you think guys?
Do you also think that we might see a retest of $19.5k form here or do you think it will continuously dropping from here?
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BTC QUICK UPDATE! $17.5K OR $22.5K??Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this quick BTC update. BTC is still in a very uncertain situation and trading between the range of $19.5k-$20.5k
According to the chart, BTC is trading inside a descending triangle. So from here, $17.5k or $22k will depend on the breakout or breakdown of this triangle. If BTC breaks below the triangle ($19.5k) then my target is $17k-$18k and if BTC breaks out from this triangle then my target is $22k from here.
Until we did not see any clear move, it's better to stay aside and wait for the breakout or break down.
What do you think about this?
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BITCOIN DOMINANCE AT MAJOR SUPPORT! BE CAREFUL WITH YOUR ALT BAGHello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this Bitcoin Dominance update. Those who don't know, BTC.D works inversely with Altcoins. It means when BTC.D dumps, Alts will pump and when BTC.D pumps, Alts will bleed.
Now let's get to the chart.
Currently, Bitcoin dominance trading below 40 and it is at the major support level in the weekly time frame. Every time dominance comes at this level we have seen a pump and bloodbath in Altcoins.
BTC.D goes below 39.30 level only one time which happens in 2018. This 39-40 range is a very strong support so we see a bounce from here and if it bounce then be ready to see huge dump in Alts.
It's better to stay cautious now.
Invalidation:- Weekly close below 39.30 level.
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BTC: STILL IN A RANGEBOUND! HERE'S QUICK UPDATE....Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this quick BTC update.
BTC is trading in range from the last few days. It is trading between $19.5k-$20.5k level. Every time it reached at $19.5k level it bounces and when it reaches $20.3k level it got rejected. BTC needs to break either $19.5k or $20.5k level for a clear trend direction. Until then it's better to wait.
Bulls or bears fight goes on.
What do you think who wins?
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BTC: BOUNCE OR DIE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this quick BTC update.
BTC is currently trading below $20k level. It is forming an expanded ascending channel in the daily time frame and currently near the lower trendline of this channel. Last 3 times when price came in this range then we saw a good upside movement from here. So if BTC holds this trendline this time also then we can expect some bounce.
Any daily close below this trendline ($19k) will be very bad for BTC.
What do you think guys?
Do you think that we might see a bounce from here or do you think that we see more drop from here?
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ETH: POSSIBLE HEAD AND SHOULDER! ONE LAST LEG UP TO $1700!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
ETH is forming a head and shoulder pattern in the 8hr time frame and currently, it is forming a right shoulder of this pattern. Also, bouncing from the 200MA So I'm expecting a bounce from here and there is a high probability that we might see ETH again at the $1700 level before its MERGE event in September.
Expecting the last leg up from here and after the merge event, we see a continuous downside movement.
Invalidation:- Candle close below the neckline and 200 MA
What do you think?
Do you also think that we might see the last leg up before the merge event or do you think that it is continuously going down?
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BTC: IS $15K INCOMING IN REKTEMBER(Sept.)??Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. Our previous BTC update was spot on. When everyone was bullish and expecting a pump up to the $23k-$25k level, I told you to be cautious. Hope you guys listened and save your money. Meanwhile, our premium members made amazing gains.
Now, let's get to the chart.
BTC breaks down from the rising wedge pattern. RSI also breaks down. Last two times when it breaks this kind of similar pattern we see a 35-38% downside move. I'm expecting the same scenario here and we see BTC test $15k in the month of September.
After the month of September, we can expect a slow rise in price. IMO this $15k is the low of this bear market.
The best way is to keep DCA your BTC because when the bullish rally starts then it doesn't matter if you bought at $20k or $15k
If you missed this buying opportunity in waiting for $10-$12k then you will be regretted your whole life.
This is just my speculation, not financial advice.
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BTC: BEAR FLAG! REKTEMBER(Sept.) IS COMING!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC quick update.
BTC is moving in a rangebound from $21k-$22k from the last few days. It is forming a bearish flag in 4hr time frame and currently trading inside the flag. When it breaks down the flag then we expect price to touch $18k-$19k level.
REASONS I'M ON BEARISH SIDE:-
1) Price structure forming a bearish flag pattern.
2) RSI is forming a rising wedge like structure which is generally a bearish pattern.
3) Volume is not sufficient and continuously going down.
4) After a week, September month is starting which is generally a bearish month and also known as "REKTEMBER"
Invalidation of pattern:- If any 4hr candle close above $22k
What do you think guys?
Do you also think we might see another leg down from here or do you think it is continuously pumping from here?
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BNB: POSSIBLE HEAD AND SHOULDER! LOOKS BEARISH!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BNB update.
BNB is not looking good here. It is forming a head and shoulder-like pattern in a 4hr time frame which is generally a bearish pattern. BNB has important support at $272-$278 which is the neckline of this head and shoulder pattern. If it breaks below this support then we see more dump.
You can open a short position here with low leverage(2x-4x)
Invalidation:- Above $410
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ETH: BREAKDOWN! LOOKS BEARISH!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
ETH looks bad here. Breaks down from the ascending parallel channel and also breaks below from the important support zone. We might see more drops in ETH from here.
The next support levels are:- $1460/$1350/$1270
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BTC LTF UPDATE! DOUBLE BOTTOM!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC quick update.
BTC looks good in ltf. Currently, trading around $21.3k level and it is forming a double bottom pattern at $20.8k level which is generally a bullish pattern.
There is some resistance at $21.5k level. Once BTC breaks above $21.5k level then we might see a good rally up to $22.8k level.
Invalidation level:- Any hourly candle close below $20.8k
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