TOTAL M.CAP IS AT DECISIVE POINT!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this TOTAL M.CAP update.
Total market cap is at crucial level now. It is forming a descending triangle pattern. Currently, it is at the lower trendline of the triangle. Previously, we saw a good bounce from this same level. So we can expect a bounce soon in the market it it holds this trendline.
if it breaks and close below the trendline then we will see more dump in the market. Keep an eye on next 4hr candle close.
What do you think about this?
Do you think we see a bounce in the market from this level or do you think that we see more dump.
Share your views in the comment section.
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Corecrypto
BTC: SHORT AND QUICK UPDATE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. First of all there is no need to be panic here. We have seen this kind of pump and dump from the past few days.
Now let's get to the chart.
According to the 4hr chart structure BTC is still holding the support of $28,800 and currently testing the lower trendline of the symmetrical trendline. We can expect a bounce from here.
As long as BTC stays above $28k there is no need to be panic. If any 4hr candle closes below $28k then it would be very bad and we might see another low of $24k-$26k
So keep an eye on next 4hr closing.
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BTC IS IN ACCUMULATION ZONE!! WAIT PATIENTLY!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update.
BTC has been in the accumulation zone for the last 28 days. It is in range-bound between $28-$32k. Once it breaks from this accumulation zone it will pump well.
It's also forming a symmetrical triangle-like pattern and currently, it is hovering near the lower trendline. It must bounce from here.
All we can do now is wait patiently and accumulate BTC and ETH.
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ETH SHORT TERM 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 in a retest phase after breaking out from the falling wedge in 4hr time frame. Currently, holding the support of $1800. Expecting a short-term relief rally from here.
ETH needs to hold the green box for a bounce from here. The main resistance level for ETH is at the $2000-$2100 level.
You can buy some ETH in the range of $1700-$1800 with the SL of $1699
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BTC: A PERFECT RETEST! NOW READY TO BOOUNCE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. BTC looks good as of now.
BTC is breaking out from the symmetrical triangle in the 8hr time frame and after the breakout, we got a perfect retest. And after this retest now it is ready to bounce.
If any candle closes below $29.5k then this retest process will become a fake move. But as long as BTC holds above $29.5k I'm expecting a good move from here.
You can also open a long position with an SL of $28,900
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ETH: READY TO GO $2500 AFTER A LITTLE CORRECTION!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
ETH is breaking out from the falling wedge pattern in 4hr time frame. Now it comes down to a perfect retest. After this successful retest, we can expect a good rally.
If we got a successful retest, then we see a 30% upside rally which takes us to the $2500 level. And as you know all the Altcoins depend on ETH move so when ETH moves to the upside after this correction all the Altcoins will follow.
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USDT DOMINANCE BREAKDOWN! BULLISH RALLY AHEAD IN THE MARKET!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this USDT DOMINANCE update. USDT.D looks bearish here.
As you know USDT Dominance is inversely proportional to the BTC and Alts. When USDT.D dumps the whole market (BTC and Alts) starts pumping.
According to the 4hr chart, USDT Dominance breaks down the triangle and now all we need is a successful retest. After the retest, we can expect more drop-in USDT Dominance.
When USDT Dominance retests we have a perfect chance to take lower entries in Altcoins. I'm waiting for a retest to long some Alts.
What do you think about this?
Do You think we get a retest from here or do you believe that this will be a takedown?
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BTC: BREAKS ABOVE $31K, WHAT'S NEXT?Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. What an amazing daily close we get after a long long time. BTC daily candle closes above the $31.5k level which is very good for bulls.
As you see in the chart, BTC breaks above the red resistance box which is a very good sign. Now BTC facing a small resistance at $31.8k and looks like we see some correction from here. So I'm expecting a correction up to $30.8k-$31k from here. After this little correction, we are all set to go $35k-$36k level.
This correction gives us a very good opportunity to take entry in Altcoins. Let's wait for the next few hours and see where it goes.
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ETH/USDT 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 trading inside a falling wedge-like structure in the 4hr time frame. Currently, it is trading near the upper trendline of the wedge. If it breaks out from here then we see a good rally in the whole market. On the other hand, if it again rejects from here then we go again to test the lower trendlime.
Wait for the clear break out before taking entry in Altcoins.
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BTC: ONCE AGAIN APPROACHING TOWARDS RESISTANCE LEVEL!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update.
BTC is bouncing nicely from the $28k support level once again and now trading above the $30k level. If we see the 10hr chart, looks like a symmetrical triangle is breaking out but still 7hours left in candle closing. So we have to wait for the candle close and break above the resistance level for further bullish movement.
Do not get excited by seeing this pump. IMO waiting for the break of resistance level is worth watching here.
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TOTAL M.CAP UPDATE! ARE THERE ANY CHANCES OF PUMP IN ALTS?Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this TOTAL M.CAP update. Total M.cap is used in the reference of BTC and Alts. If Total M.cap pumps whole market starts pumping.
Total M.cap is still defending its crucial support level (Green box). We might see some more downside moves in the market and after that, we can expect a good pump.
As you see in the chart, Total M.cap forms a descending broadening wedge-like pattern in a 2-days time frame. So after hitting a lower trendline of the wedge we can expect some bounce across the board.
IMO it's better to wait for a few more days and some confirmation to take entries in Alts.
What do you think about this?
Do you also think we can see some more downside movement in the market and pump after that or do you have any other view?
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BTC: BEARISH PATTERN! IF LOOSE THE SUPPORT TARGET WILL BE $21K!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. BTC is not looking good. It is hovering near the support for the past few days and every upside move is rejected by bears. Looks like bears are in full control.
In the 8hr time frame, BTC formed a bearish pennant-like pattern. It's already broken down from the pennant. But the last hope for bulls is the green support box. BTC is still holding this green support zone ($28k-$30k) for the last few days. If we get a close below $28k will confirm the downtrend and then we see a 30% move to the downside which will lead the price to the $21k-$22k level.
Let's see this BTC can hold this support or break.
What do you think about this?
Do you think BTC is bouncing from here or do you think that we see a $21k-$22k level in a few days?
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BTC: STILL HOLDING SUPPORT! HOPE FOR A BOUNCE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. As we told you in our previous update that it might be a fake-out and told you to put SL in all your long positions. Hope you listened and save your money.
Now, BTC again came back inside the triangle. The good thing is that it's still holding the support level so far and as long as it's holding the support we can expect a bounce and if BTC again breaks the triangle then this time surely it would be a clear breakout.
You can open a long position of BTC here with the SL of $28,400
Let's see how things go.
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WOO/USDT LONG SCALP SETUP!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this WOO/USDT TRADE setup. WOO looks bullish here.
WOO is breaking out from the ascending triangle pattern. Expecting a 40-50% bullish move from here. Buy some now and add more in the dip.
Entry range:- $0.215-$0.22
Target1:- $0.242
Target2:- $0.264
Target3:- $0.288
Target4:- $0.314
SL:- $0.202
Use low leverage 4x-6x
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MTL/USDT LONG SETUP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this MTL/USDT TRADE setup. MTL looks bullish here.
MTL is breaking out from the ascending triangle pattern. Expecting a 50-60% bullish move from here. Buy some now and add more in the dip.
Entry range:- $1.48-$1.52
Target1:- $1.72
Target2:- $1.94
Target3:- $2.16
Target4:- $2.38
SL:- $1.40
Use low leverage 4x-6x
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ETH SHORT TERM 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 trading inside a symmetrical triangle pattern in the 4hr time frame. Currently, it is reaching towards the major resistance line of triangle. If it breaks and close above the triangle ($2072) level then we can see a 14-15% pump in ETH.
On the other hand if we get the rejection from here then it might cam again to test the lower trendline of the triangle.
Let's see we will get a clear breakout this time or not.
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BTC: BREAKOUT OR JUST ANOTHER FAKEOUT? Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. BTC is trading above $30k.
BTC is breaking out from the symmetrical triangle and currently retesting it. After this successful retest, we might see a good upward rally.
The important thing to remember here is that we have seen a false breakout many times in recent days. Every time BTC did a break out it turned out to be a fakeout. So if you open any long position then keep your stop losses tight.
What do you think about this?
Do you think that we have seen a bullish rally from here or this is just another fake-out?
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CELR/USDT LONG SETUP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this CELR/USDT TRADE setup. CELR looks bullish here.
CELR is breaking out from the ascending triangle in the 4hr time frame. Currently, it is retesting. Long some now and add more in dip.
Entry range:- $0.1876-$0.01926
Target:- 40-50%
SL:- $0.018
Use low leverage 4x-6x
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ALTPERP UPDATE! ALTCOINS WILL PUMP MORE IF?Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ALTPERP INDEX update.
ALTPERP is looking good here. It is forming a symmetrical triangle in the 4hr time frame where breakout is still pending. If we get a proper breakout with good volume then we have seen a good pump in Altcoins in upcoming days.
I have already shared some Altcoins (Link given below) and try to share some more setups today. Looks like we have seen a mini Alt season in upcoming days.
Invalidation level:- If 4hr candle close below $2174 level.
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GAL/USDT TRADE SETUP! 80% PROFIT POTENTIAL!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this GAL/USDT TRADE setup. GAL looks bullish here.
GAL is breaking out from the descending triangle like pattern in 4hr time frame. However, there is still few hour left in candle closing but IMO you should buy some here and add more if it dips.
Entry range:- $6-$6.3
Target:- 80-100%
SL:- $5.70
Buy on spot.
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ALPHA/USDT LONG SETUP!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ALPHA/USDT TRADE setup. ALPHA looks good here.
ALPHA is breaking out from the descending triangle in the 4hr time frame. Expecting a big move from here. Buy some now and add more in dip.
Entry range:- $0.15-$0.16
Target1:- $0.178
Target2:- $0.194
Target3:- $0.226
Target4:- $0.242
SL:- $0.14
Use low leverage 4x-6x
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ETH: WEEKLY UPDATE! LINE CHART!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH update.
Why ETH can pump in upcoming days?
1) ETH is forming a falling wedge like structure in the weekly time frame and currently trading near the lower trendline of the wedge.
2) The main support level for ETH is at $1700-$1900 level
3) RSI is also forming a big falling wedge and looks like it might go to test the lower trendline in next few days. After touching it we can expect a good bounce.
4) Breaking below the falling wedge and everyone thinks that it's over but in actual it turned out to be a trap and ETH moving an upside rally again.
As you now all the altcoins follow ETH price action so when ETH starts it's rally we have seen a mini Alt season as well. Till now wait patiently and try to accumulate good coins in dip.
What do you think about this?
Do you think we can see a good relief rally in ETH and Alt coins or do you it will continuously dumping.
Share your views in the comment section.
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BTC: BREAKOUT WILL DECIDE THE NEXT MOVE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC update. BTC is rejected from the $30,500 level (Upper trendline of the channel and made a low of $28,700 level.
BTC is trading inside a symmetrical triangle pattern in the 4hr time frame where the breakout is still pending. If BTC breaks out from the triangle then our short-term target is $33k-$34k or if BTC breaks down the triangle then our target will be $25k-$26k level.
So overall it's better to wait for the clear move and decide where it wants to go.
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