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?
Share your views in the comment section.
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Corecrypto
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?
Share your views in the comment section.
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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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ETH: AT RESISTANCE! STAY CAUTIOUS!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
ETH did quite a good rally in recent days and currently trading above $1700 level.
According to this 1day chart, ETH is facing horizontal and trendline resistance confluence here. We need to break above this resistance for a further bullish rally in the market. RSI is also facing resistance and in overbought zone.
So what's the plan here?
1st scenario:- I'm buying ETH at pullback around $1550-$1600 level only if it holds.
2nd scenario:- If ETH gives a breakout from here without any pullback then I'm buying with the target of $2300-$2500
As of now I'm waiting patiently for either a breakout or a pullback.
Hope this chart will help you. If you have any queries or ideas then share in the comment section.
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BTC: EXPECTING A HEALTHY PULLBACK FROM HERE BEFORE NEXT LEG UP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update.
BTC is pumping hard after the fed announcement of 75bps hike rate.
After the news BTC breaks out from the descending channel and currently trading above $23k level. Now I'm expecting a retest from here which is much needed for a healthy upside movement. I'm expecting the price came back to $22k level and after that we see a good upside movement.
If it continuously pumping without any retracement then this pump is definitely wrong and we dump hard on weekend.
Let's see how this goes in the next few hours.
What do you think about this?
Do you also think that we see a pullback from here or do you think that it will continue pumping?
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ETH UPDATE! BOUNCE FROM WHICH LEVEL??Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
ETH is perfectly rejected from the yellow trendline and continuously going down from there.
ETH might bounce from $1250 level. Here's why?
1) Previous accumulation zone for ETH is $850-$1250 and after the break out we haven't seen a retest yet of $1250 level.
2) Strong support of 0.618 fib level.
3) 50D ma strong support also.
So, there is high chances that we see a good bounce in ETH from $1250 level. If it's unable to hold the $1250 level then we might see more low.
What do you guys think about this?
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GMT/USDT SHORT SCALP SETUP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this GMT/USDT trade setup.
GMT looks good here for short. Breaks down from the head and shoulder pattern and currently trying to retest the neckline. Open a short position here and add more to the upside.
Entry range:- $0.89-$0.91
Target1:- $0.86
Target2:- $0.82
Target3:- $0.78
Target4:- $0.74
SL:- $0.94
Use leverage 5x-10x
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BTC UPDATE! HOW LOW BTC CAN GO FROM HERE??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 dropping from the $24k resistance level and liquidate the most of the traders who opens a long position after seeing the break out. This is how market makers playing with retail traders. If you wants to earn money in this market you have to think like a whale. We clearly told you about this rejection in our previous update. Hope you listen and save your hard earned money.
So what's next?
Now the scenario is that BTC is back inside the triangle after giving a fake break out so there is high chances that BTC might test again the lower trendline of the triangle which is around $20k-$20.4k level. If BTC holds the lower trendline of the triangle and bounce from there then this time we see a real break out and BTC might pump again.
But the main concern here is Fed FOMC meeting which is held on 27th July so if we got some negative results then market might take more dip. Let's hope for the better.
As of now it's better to wait for the FOMC meeting results. After that we see some positive movement in the market.
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BTC: IS THE CORRECTION OVER?Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update.
BTC is in correction stage after the rejecting from $24k resistance level. So now the question is that this correction is over?
Well, I don't think so. This move is looks like a retest to me. Until and unless BTC did not give a close above $23,400 things are uncertain. I'm still expecting BTC to hit $21.5k level and after that we get a good bounce.
Next week on 26th-27th we have a FOMC meeting so we might see some fake outs or fake downs so stay cautious. Also, tomorrow is weekly close. Let's see how we get a weekly close.
If you want to open a long position then set your limits between $21k-$21.5k level with the SL of $20.8k
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RUNE/USDT TRADE SETUP! READY TO PUMP 100%!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this RUNE/USDT trade setup.
RUNE looks good here. Breaks out from the big symmetrical triangle in 6hr time frame. Expecting a big move to the upside from here.
Entry range:- $2.34-$2.44
Target1:- $2.72
Target2:- $3.02
Target3:- $3.44
Target4:- $4.44
SL:- For leverage ($2.22)
For spot ($2.00)
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RLC/USDT LONG SCALP SETUP! Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this RLC trade setup.
RLC looks good here. Breaks out from the bullish descending broadening wedge pattern in 2hr time frame. You can open a long position here with the tight stop loss.
Entry: At CMP and add more up to $0.94
Target1:- $0.99
Target2:- $1.04
Target3:- $1.08
Target4:- $1.14
SL:- $0.90
Lev:- 5x-10x
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