#BTCUSDT at Decisive point...BTC/USDT is right at the support.
Break below could trigger a rally towards $40k and eventually 38k which is our major support.
However a strong bounce could change everything.
USDT dominance also showing bearish signs (chart will be posted in next update).
BTC could bounce from here and trade back above $44k.
Still at decisive point, better to trade with confirmations.
Do like it if you find it helpful.
Stay tuned
#PEACE
Cryptorphic
#BTCUSDT Do not panic, This MA can still save the day!BTC/USDT needed a retracement after weeks of a continuous pump.
BTC had finally reached the $44k level support.
The 44.5k level happens to be the 21DMA in daily.
As long as BTC holds this level daily, a bounce around the 44k level is highly likely.
So, it's better to just stay aside and wait for the right time to get into trades.
Better stay away from leverage trades when the market is at the decisive point.
Hope you keep an eye on this level.
INVALIDATION:- This Chart will be invalidated if BTC closes below $41900 which is the lowest level of the green support zone.
Note:- A close 38k will ruin this whole bull run.
If you like this quick update, follow me to get more updates.
Do not forget to hit the like button and share your views in the comment section.
Thank you
#PEACE
#BTCUSDT broke down.. Important Update here...BTCThough we closed below the 21 MA. As said in my last BTC idea, that was the level we needed to hold in daily.
Unfortunately BTC broke below that level.
Now, the possible area for bounce is around $41900. when you look at the daily chart,
This is the lowest BTC can go atm.
Though we've got this EMA on 6 hours chart.
Multiple candles closes above it so far.
Let's see how it plays out.
ACTION:- Staying aside for the right time to get into leverage trades.
IMHO It's better to wait for the weekly close to come for any solid conclusion.
We need a close above the 21W MA.
Let me know what you think.
Also, If you find it helpful do hit the like button to show your support.
Thank you
#PEACE
BTCUSDT Quick Update. Breakout Incoming, Bullish or Bearish?BTC shows it could breakout which makes things fishy.
Though I am in USDT right now. Will be more than happy if USDT dominance (my previous chart) breaks down and continues the downfall but we do need some pullbacks too. Nothing goes down forever.
So be attentive.
Multiple indicators are pointing towards another pullback in the short term. So keep an eye on it.
If BTC breaks the daily above $46800, we are good to go.
Better to keep cash in hands in case we get another dip which seems likely.
Hope it helps, If it does do not forget to hit the like button.
Thank you
#PEACE
#BTCUSDT 80K Incoming!!! Brace yourselves...Welcome to this short update on Bitcoin.
Reasons to Follow me?
*9 Years in Trading!
*7 years in Crypto
*Certified Technical Analyst
*Record Holder of Most liked Bitcoin Chart on Tradingview.
*Consistent updates on Markets and Trade Setups
*No Bias
*All-time Top Author on various assets and index charts globally.
*Very Active Community during both bull and Bear Market
Let's get to the chart!
BTC looks good here and here are the reasons why BTC is likely to break the previous ATH.
1. BTC held the $33k level which is the lower support bottom for BTC
2. BTC is currently holding the $21MA daily,
3. Increase in BTC holders in the long term has reached ATH recently.
4. BTC is holding the 50 DMA level.
5. USDT Dominance is showing signs of bearishness.
6. TOTAL MARKET CAP is bullish.
7. Fractals are showing signs of a possible rally.
8. To complete the pattern BTC needs to print a third top which will eventually make a triple top
pattern in higher time frame charts.
9. BTC needed a retest after the $42k breakout and it's happened followed by a strong bounce.
Based on these reasons there's a high possibility that BTC will reach a new ATH in the next few weeks.
TRIGGER POINT FOR THE RALLY:- Break and close above the 200D MA.
INVALIDATION:- Break and close below the 30k- 33k support.
*This is not financial advice., this is just what I see in the charts.
Let me know your thoughts do hit the like button if you like this idea and share your views in the comment section.
Thank you
#PEACE
#USDT Dominance , about to make a move. be ready..USDT Dominance, certainly a trap.. Keep an eye
You can see a Head and Shoulders pattern but I think it's better to wait for the breakout.
Break above and alts will be rekt in the short term.
Keeping cash aside is the best strategy IMO, in case you want to take entries lower in BTC and ALTS both.
Follow me for more interesting on time updates and ideas.
Thank you
#PEACE
#DENTUSDT Could Explode and Rally 500%+ Here's Why!!Welcome to this SPOT TRADE SETUP.
Reasons to Follow me?
*9 Years in Trading!
*7 years in Crypto
*Certified Technical Analyst
*Record Holder of Most liked Bitcoin Chart on Tradingview.
*Consistent updates on Markets and Trade Setups
*No Bias
*All-time Top Author on various assets and index charts globally.
*Very Active Community during both bull and Bear Market
Let's get to the chart.
Last time Dent broke out and pumped like crazy.
Almost 5000%+ for almost 60 days.
Since this pump Dent has been forming this triangle.
Once it breaks out. There's a possibility for an easy 5x to 10x from this coin.
IMHO, Enter on the breakout or you can simply buy now and add on the dips later to DCA.
Am not gonna tell you any entry or Target.
The chart says it all.
Please observe.
Invalidation:- Close below the triangle support trendline.
If you want me to post more trades do hit the like button and share your views in the comment section.
Thank you
#PEACE
#CVX/BTC 100% Potential rally ahead...SPOT TRADE SETUP (Binance)
CVX/BTC:- On the verge of a breakout.
Either buy the retest of the breakout or simply buy now and DCA on dips with SL.
Details are given in the chart.
Make sure you do your own research.
Entry :- 6110 to 6500 sats
Target:- 50% to 100%
Stop Loss:- 5680 (Subject to change as per market condition)
DYOR
Do hit the like button if you want me to post more.
Thank you
#Peace
#PEOPLE/USDT a must have alt for a bag.. 200%+ Potential PEOPLE broke out of this triangular pattern after 100 days of consolidation.
Likely to pump in the next few weeks.
This is a newly listed coin on Binance and has the potential to grow exponentially.
ENTRY:- .072 to .063
Targets:-
$.087
$.112
$.124
$.136
$.159
$.182
$.192
Stop Loss:- $.0544
For the BTC pair, accumulate between 125 sats to 155 sats aiming for a target of 200% + and an SL of 108.
Do your own research before taking this trade.
And if you want me to post more altcoins, do hit the like n=button and share your views in the comment section.
Thank you
#BTCUSDT Broke $45k Level but Retracement Expected!!!BTC broke above the $45k level and is trading around the $47k level right now.
As per this chart, it's very important that it hits the $45k level for a retest.
That will be the best opportunity to get entries for your favourite altcoins.
LTF Charts show signs of weakness.
IF YOU ARE TRADING ON SPOT YOU CAN USE THESE TWO STRATEGIES :-
Simply buying at CMP and add more in the dips to average your entries.
OR YOU CAN JUST wait for the reteracement to get into positions.
The problem is we haven't seen proper retracements throught the recent rally whiich is not good for a sustainable growth.
So be careful and trade wisely.
Conclusion:- Sooner or later we will see retracement levels to buy -$45k with a target of $52k...
Let me know what you think of this chart.
Do hit the like button if you find it helpful and share your views in the comment section.
Stay happy
#PEACE
ICP/USDT 400% + Potential Trade Setup.Welcome to this Trade Setup on ICP.
Reasons to Follow me?
*9 Years in Trading!
*7 years in Crypto
*Certified Technical Analyst
*Record Holder of Most liked Bitcoin Chart on Tradingview.
*Consistent updates on Markets and Trade Setups
*No Bias
*All-time Top Author on various assets and index charts globally.
*Very Active Community during both bull and Bear Market
Let's get to the chart
ICP broke out the 277 days long consolidation under this triangle.
Bullish DIvergence played out.
Our Initial Entry as posted in my last update was around $17.
It's already 30% up since then.
Consider adding this to your spot portfolio after doing your own research.
It's likely that to run for a massive rally.
ENTRY:- $18.55 to $22.43
TARGETS:-
$36
$54
$79
$87
$95
$112
$123
DYOR before taking this trade.
Stop Loss:- TBA, as per market conditions.
Do hit the like button if you want me to post more of these setups and share your views/charts in the comment section.
Thank you
#PEACE
#BTC Dominance is Bearish! Massive ALT SEASON will trigger soon.Although I have been calling for an Alt season for the last 4 weeks.
A massive rally looks imminent in Altcoins.
Below are the reasons we can see an Altseason trigger:-
1. Close below 21 MA confirmed
2. close below 50 MA confirmed
3. Possible bearish Crossover below 21 MA below the 50 MA.
4. BTC Dominance got rejected from the red resistance zone.
5. Multiple indicators show signs of bearishness in this chart.
Invalidation:- Dominance staying above the 200 MA is a problem. Dominance must break below it to confirm the trend.
The lower target for Dominance is around
Let me know your thoughts.
Thank you
#PEACE
#VRA/BTC 150%+ Potential Rally ahead..Welcome to this quick trade setup.
VRA broke out of the long-term triangle pattern and is currently retesting the resistance turned support trendline.
As per the pattern, there is a possibility of a 130% + rally in the next few weeks.
I bought VRA and holding on the spot.
ENTRY: 4800 sats to 5800 sats
Target :- 50% to 130% (OPEN
Stop Loss:- 4330
DYOR (Not Financial advice)
If you want more just hit that like button.
Thank you
#PEACE
#ETHUSDT 40% up already! Quick update...ETHUSDT:- Up 40% since our spot entry.
It has been a beast way better than BTC tbh.
Currently hitting the resistance.
Let's see if it can break above the daily 200MA.
For leverage trades though. you can look at the ltf charts to get entries remember we do not long the resistance.
Let me know what you think
Thank you
#PEACE
#BTCUSDT 10%+ Rally DONE! 100% Accurate so far. Next Target hereI'll keep it short.
BTC did manage to break the $42k mark and is trading around the $45k level just like we explained in our last idea.
A weekly close above the $46k level would trigger a nice rally towards $52k.'
BTC just needs to hold this level by the weekly close.
Simply put, a close above the $46k level would be good.
BTC Short time Frame:-
Though BTC is looking good after this breakout.
The altcoin dominance is showing signs of bullishness in the short-term chart.
Better to book profits on your leveraged trades.
Let me know what you think in the comment section.
Thank you
#PEACE
#BTCUSDT 10%+ Rally Incoming all the way to $45k?Welcome to this short update on Bitcoin.
Reasons to Follow me?
*9 Years in Trading!
*7 years in Crypto
*Certified Technical Analyst
*Record Holder of Most liked Bitcoin Chart on Tradingview.
*Consistent updates on Markets and Trade Setups
*No Bias
*All-time Top Author on various assets and index charts globally.
*Very Active Community during both bull and Bear Market
Let's get to the chart!
Bitcoin got rejected from the channel resistance and broke below it.
Currently, the price hovering right above the $41k area.
As per this chart, the $39.5k to $40.5k is the most important area for BTC to long.
Also, it needs to break and close above the $42.6k area in order to pump all the way to $45k+ resistance.
If you want to long BTC, the green area is where you might wanna put your buy orders. Multiple MA's support is just inside the green zone.
(Not financial advice).
Conclusion:- BTC is bullish above $38k and IMO it is a retest before the next leg up.
Looking at other major charts BTC looks bullish atm.
I won't be bearish as long as it holds the $38k level in HTF.
INVALIDATION:- Close below $38k.
What do you think?
Do let me know and hit the like button if you find this chart helpful.
Thank you
#PEACE
#BITCOIN Hourly Update!Bitcoin broke above the $42k level and is trying hard to maintain that level.
As long as BTC stays this way, Altcoins will do good.
BTC must break the 45k level soon in order to keep this trend intact.
Red MA is acting as support. Good price to long BTC is between $39500 to $41566.
BTC can follow any of the 2 given scenarios in the chart (Please Observe).
I've got a few questions regarding the Alts I am holding right now.
Am holding these:- ATA, GALA, ICP, RAY, FET, FTT, COTI, MANA, RUNE, BOBA, BICO, and BTS on spot.
All are 25% to 40% +up. Let me know your Altcoin picks in the comment section.
If you find this chart update helpful, do hit the like button.
Thank you
#PEACE
#USDT.D Not everyone is watching this... Mini Altseason ahead?Welcome to this short update on Bitcoin Dominance Analysis.
Reasons to Follow me?
*9 Years in Trading!
*7 years in Crypto
*Certified Technical Analyst
*Record Holder of Most liked Bitcoin Chart on Tradingview.
*Consistent updates on Markets and Trade Setups
*No Bias
*All-time Top Author on various assets and index charts globally.
*Very Active Community during both bull and Bear Market
Let's get to this 3-day chart!
In my last chart (i will leave the link below this idea) I posted the possibility of a bearish PA and the chart followed accurately.
We saw many altcoins showing positive rallies across the market.
Well, right now the dominance broke below the rising trendline and got multiple rejections from the top.
The PA is trading below the blue MA as well.
This candle closes below the blue MA is likely to confirm a bullish rally for the next few weeks.
A mini alt season is what I can call it for now.
As per this pattern, the index is likely to fall by 30% from the current level followed by a bounce on the support trendline.
This will give us 6 to 8 weeks of mini altseason.
INVALIDATION:- Close inside the channel or break above the red resistance cluster.
I'll be opening some long based on this logic, as USDT.D is also pointing towards some bearish move which is good for the market.
You do your own research before taking any trade.
What do you think?
Do let me know and hit the like button if you want me to post more of these updates.
Thank you
#PEACE
#TOTAL MARKETCAP Brokeout.. Market about to explode?Welcome to this quick update, everyone.
The total market cap broke out of the falling wedge channel.
Every altcoin I bought when the total was on support is 20% to 30% up already.
The chart shows the possibility of a 100% rally in the market pushing the total market cap to almost $3.5 trillion.
We can also expect a big rally around the altcoin space and BTC as well.
This chart is giving us hints that BTC can break the $46k and eventually $53k resistance in the next few weeks opening the door to the possibility of a new ATH.
Will that happen? I don't know. Time will tell.
The index is trading above both the red and the blue MA as of now which shows the signs of reversal.
It was almost 50 days of accumulation at lower levels.
What we can see now is a beautiful retest.
A green weekly close confirms this scenario.
INVALIDATION:- Losing the lower trendline support and both the MAs daily will invalidate this chart.
What do you think of this chart? Let me know in the comments section
DO hit the like button if you like my work.
Thank you
#PEACE
#ICPUSDT Breaking out, Worth a shot?Welcome to this quick trade setup.
ICP broke out of the orange falling wedge channel inside the larger channel.
If we zoom out you can see a bounce on the support trendline VOLUME IS LOOKING GOOD too.
Many indicators point towards reversal signs.
The strategy is to accumulate at lower levels by buying at every dip.
ENTRY: $15.47 to $17.54
Targets:-
$21.88
$29.83
$34.52
$40.12
$55.32
$81.33
$121.30
Stop Loss:- $14.77
Do your own research before investing, I am not a financial advisor.
Keep in mind this is a long-term
view and it can change as per market conditions.
If you want me to post more trade setups, do hit the like button and share your views in the comments section.
Thank you
#PEACE
#COCOS/USDT 400%+ Potential Profit, Trade SetupCOCOS broke out of the pattern and was retested recently.
The chart shows the possibility of a massive pump in the next few weeks based on the following reasons:-
1. Broke out of a long term resistance and retested
2. Trading above the Blue and the Red MA which indicates signs of reversal.
3. Good volume pouring in since the last few weeks.
ENTRY:- $1.03 to $1.23
If you want to get in, get in partially add on every dip...
Targets:-
$1.36
$1.62
$1.88
$2.18
$2.74
$3.39
$4.28
$5.36
Stop Loss:- $0.981
Do your own research before taking this trade, I am not a financial advisor.
These are mid-term trade setups not meant to be taken as a scalping setup.
Also, If you want me to post more of these trade setups, do hit the like button and share your views in the comments section.
Thank you
#PEACE
#BICO/BTC This alt could give us 350%+ profit in few weeks.Thank you for coming by to this chart.
Reasons to Follow me?
*9 Years in Trading Financial Markets!
*7 years in Crypto
*Certified Technical Analyst
*Record Holder of Most liked Bitcoin Chart on Tradingview.
*Consistent updates on Markets and Trade Setups
*No Bias
*All-time Top Author on various assets and index charts globally.
*Very Active Community during both bull and Bear Markets
Let's get to the chart!
BICO is trying to break out the accumulation zone.
It has been trading inside this falling wedge channel for the last 100 days!
The volume is good. Multiple indicators p [pointing towards a possible breakout.
Already broke out in LTF charts. Once dominance gets rejected from the resistance trendline (Check my BTC.D Chart)
This altcoin is likely to explode.
ENTRY:- 308 to 355
Targets:-
494
545
687
791
1071
1277
1386
1495
Stop Loss:- 276 sats.
This is a low-risk trade with an utterly high reward.
But do your own research before taking this trade.
I am not a financial advisor.
Thank you
#PEACE
#ETHUSDT Reasons WHY ETH could reach $5k by the May 2022!!Gained 2k new followers in the last 6 weeks.
Thank you so much to all of you for your consistent support.
Now, let's get to the chart.
ETHUSDT is trying to break out of the channel.
A daily close above the channel would confirm the breakout.
It has been almost 128 days since the price is trading inside this falling wedge channel.
Technically a successful retest with green candle confirmation would result in a positive rally towards $3k $3.5k and even $4k.
Few conditions need to be fulfilled here:-
1. It maintains the channel resistance turned support.
2. Previous breakouts above the blue MA have resulted in a multiweek green market.
3. The blue MA needs to get above the Red MA which will be a positive sign.
4. As per fractals it could roughly reach the $5k target if the above conditions are done.
5. From possible bottom to higher target takes 114 days which gives us 3rd week of May 2022.
Do observe the chart there is more information given, do observe.
My thoughts:- I am bullish on ETH looking at the current PA but one more shakeout to trap the bears and liquidate the late longs would be the best time to enter if you don't have it yet. $2422 to $2600 is the best area to buy with an invalidation point of a daily close below $2177.
Hope it helps, if it does do hit the like button and share your views in the comment section.
Thank you
#PEACE