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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Corecrypto
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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BTC MUST BOUNCE FROM HERE, IF NOT THEN BE READY FOR A BIG DUMP!!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 clearly told you that BTC is not looking good so be cautious. Hope you guys listened and save your money in this dump.
Now let's get to the chart.
BTC is forming a bear flag-like structure in the daily time frame and currently trading near the lower trendline of the flag. The last two times, we see a very good bounce from this same zone. We can expect the same bounce this time also.
If in any case, BTC daily candle closes below $20.6k and breaks down from this bear flag it will be very bad for the whole market.
As of now looks like it is holding the support and ready to bounce from here.
What do you think about this?
Do you also think that BTC can bounce from here or do you think that it wil break down the bear flag and make a new low?
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USDT DOMINANCE BREAKOUT! BAD FOR BTC!!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 BTC. If USDT.D bounces BTC dump or if USDT.D dumps, BTC starts pumping.
Now let's get to the chart.
USDT Dominance breaks out from the triangle in the daily time frame and it looks very bullish to me which is very bad for the crypto market. If this pattern plays out completely then don't be shocked if we see a new low of BTC but it's early to say time will tell.
As of now, we have a 100D MA resistance ahead from there we expect rejection and a relief rally in BTC.
Until and unless USDT Dominance breaks below the $5.7 level don't expect a bullish market.
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BTC: BREAKS DOWN! LOOKS BAD HERE!!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 BTC is at resistance and if it breaks the resistance then we see $30 soon but BTC is unable to break the resistance and got rejected badly.
Now, BTC is not looking good in the daily time frame. It breaks down from the rising wedge-like structure in the daily time frame. RSI is also breaking its uptrend.
The last two times when this happened we have seen a 30-35% drop in the price of BTC. BTC needs a daily close above $25k to invalidate this scenario else is ready for more drops.
What do you guys think about this?
Do you think that we again see a 30-35% downside move or do you think that this is a fakeout?
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BTC STILL STRUGGLING TO BREAK THE RESISTANCE! $30K AFTER BREAK!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update.
BTC is doing fine as of now. It is forming an ascending triangle in 4hr time frame and currently trading inside it. BTC is at the resistance level and trying to break this resistance continuously. You know the more it tried, the weaker resistance become.
Once we successfully break out of this ascending triangle and close above the red box then we are ready to go to the $28k-$30k level. Lower supports are $24.2k and $23.5k
Invalidation level- If any 4hr candle close below $23.5k then this chart becomes invalidated.
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DOGE/USDT TRADE SETUP! READY FOR A 60% MOVE TO THE UPSIDE!!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. DOGE is breaking out from the symmetrical triangle in a 12hr time frame. Also, break above 200ma. Buy some here and add more in the dip.
Entry range:- $0.74-$0.77
Target:- 60-65%
SL:- $0.66
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SOL/USDT TRADE SETUP! READY TO PUMP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this SOL/USDT trade setup.
SOL looks bullish here. Breaks out from the Adam&Eve pattern in a 4hr time frame. Long some now and add more in the dip.
Entry range:- $46.6-$47.6
Target1:- $48.8
Target2:- $50.6
Target3:- $52.4
Target4:- $54.4
SL:- $45
Use low leverage (2x-4x)
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BTC IS READY TO GO $26K!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update.
BTC is forming a cup and handle pattern in LTF and also it breaks out from the neckline of the cup and handle. Expecting a good bullish move up to $26k from here.
Invalidation level:- Any candle close below $23.5k will invalidate this chart.
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BTC HH-HL TREND UPDATE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. BTC is once again rejected from the $24.2k resistance area and currently trading around the $23k level.
As you see in the chart, BTC is trading in an uptrend. It is clearly forming Higher highs and higher lows. The previous higher low was BTC made around the $20.8k level. So now there are two possible scenarios.
BTC has two important supports at $22.6k and $$21,5k so these two could be our new higher low. And after making this new higher low I'm expecting a good pump in the market and BTC might reach up to the $26k-$27k level by the end of August.
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1INCH/USDT TRADE SETUP! READY TO FLY!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this 1INCH/USDT trade setup.
1INCH looks very good here. Breaking out from the descending channel. Price is holding inside this channel for almost a year. It also tries to break out from the horizontal support. So I'm expecting a bullish rally soon. Buy some now and add more in dips.
Entry range:- $0.80-$0.87
Target1:- $1.001
Target2:- $1.262
Target3:- $1.551
Target4:- $2.021
SL:- $0.70
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FTM/USDT SCALP SETUP! READY FOR A 25% MOVE TO THE UPSIDE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this FTM/USDT trade setup.
FTM looks good here. It is forming an ascending triangle in a 4hr time frame. A breakout and retest are already done and now it's ready to go to the upside. Buy some now and add more in dips.
Entry range:- $0.36-$0.374
Target1:- $0.394
Target2:- $0.422
Target3:- $0.436
Target4:- $0.45
SL:- $0.34
Use low leverage (4x-6x) according to your risk.
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BTC: A BIG MOVE INCOMING SOON!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update.
BTC is still consolidating in the same range from the last 5-6 days. It is trading inside a symmetrical triangle in a 4hr time frame and the triangle is squeezing very tightly here. So we definitely see a breakout or break down.
Bullish case:- If BTC breaks out of the triangle and breaks the $23.5k resistance then be ready for the $26k-$27k level.
Bearish case:- If BTC breaks down the triangle then be ready for the $19k-$20k level.
Let's hope BTC breaks out in the upside direction.
What do you think guys?
Do you think we see a rally to $26k-$27k from here or do we see a dump from here?
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S
RVN/USDT TRADE SETUP! READY FOR A 80% MOVE TO THE UPSIDE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this RVN/USDT trade setup.
RVN looks good here. Breaks out from the bull flag-like structure in a 4hr time frame. Expecting a 70-80% bullish rally from here. Buy some now and add more in the dip.
Entry range:- $0.038-$0.034
Target:- 70-80%
SL:- $0.036
Use low leverage (2x-4x)
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ARPA/USDT BREAK OUT! READY FOR A 170% MOVE TO THE UPSIDE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ARPA/USDT trade setup.
ARPA looks very bullish here. Breaking out from the descending channel. ARPA is consolidating in this channel since the starting of 2022 and now it's breaking out. I'm expecting a bullish move here.
Buy some here and add more in dips.
Entry range:- $0.041-$0.045
Target:- 150-170%
SL:- $0.034
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ALT M.CAP IS TRYING TO BREAK OUT!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this TOTAL2 (Alt M.cap) update.
Total2 is forming a symmetrical triangle in the daily time frame. Currently, it is at the resistance trendline. Also, there is a 100MA. All we need is a close above the triangle and 100MA for a perfect breakout.
If it gives a perfect breakout then August will be very good for ALtcoins. We might see an 80-100% pump in many Alts. As of now waiting for a breakout.
Support:- $590B
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ETH UPDATE!!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 rising wedge structure in 6hr time frame which is generally a bearish pattern. ETH is hovering in $1650-$1750 zone from the last few days. If it breaks down this rising wedge structure then it will be bad for ETH and many Altcoins. Resistance for ETH is still same which is at $1730-$1790 level.
Supports:- $1490/$1380/$1260/$1000
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BTC: LTF UPDATE1 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 trading between the support and resistance level. Market is very choppy these days. It will hunting stop losses of both sides so we need to be extra careful these days.
Bullish scenario:- If BTC breaks the $23.5K resistance and hold above then we can expect $24k-$25k level again.
Bearish scenario:- If BTC breaks below the $22.6k support level then it will drop to $21k-$21.5k level.
So all things depend on the next move of BTC. I'll keep updating you.
Support:- $22.6k (If break open short)
Resistance:- $23.5k (if break open long)
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BTC: NEED TO BREAK THIS LEVEL FOR $28K-$32K!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update.
BTC is forming a descending broadening wedge pattern in the daily time frame and currently facing strong resistance at the $24,200 level. BTC needs to break and close the daily candles above the $24,200 level for further bullish movement in the market.
So far it is rejecting from the resistance level. IMO we might test the $22k level from here for a retest and if the $22k level holds by bulls then we see a good uptrend continue.
So my plan is I'll long BTC at the $22k-$22.5k level if it reached there and hold.
In the second scenario if we get a breakout without any retracement then
I'll open a long position at the retest of this wedge.
As of now, we have to wait patiently and enjoy your weekend.
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