#ETHUSDT is BULLISH Above this level. Don't FOMO!!Welcome to this extensive analysis of Etherium.
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Explained in the most simplified manner.
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Now, let’s get to the chart.
ETH broke all the support like BTC and made a low of $2300.
In our last trade, we got stopped out at $2920.
Currently, ETH is entering the resistance cluster. Once we break above the $2885 area it is highly likely that we will see some rallies further above the $3k zone.
SO $2885 or we can simply say that the price needs to break and close above the blue MA along with the falling expanding channel.
CONCLUSION:- ETH needs to break and close above both the channel and the blue MA in order to enter a new rally until then it is hitting resistance.
Also, the pattern is bullish with buy-side momentum increasing throughout the market, which is a good sign.
Let's just wait for this confirmation.,
ETH is a long above $2900 with SL below $2682
Invalidation:- Daily close below $2682
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#PEACE
Cryptorphic
#TOTAL MARKETCAP! Breakout imminent? BULL MARKET NOT OVER YET?Welcome to this extensive analysis on BTC Dominance.
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Explained in the most simplified manner.
I also post margin and futures trade setups.
Now, let’s get to the chart.
The index is currently retesting the BLUE MA which is bullish in the short term for both btc and altcoins.
What's really important is a close above that back expanding channel.
Breakout and retest would confirm a new bullish rally throughout the market and possibly a new ATH in BTC. For that to happen it needs to close above the $1.92 trillion mark and retest it successfully.
CONCLUSION:- Mcap must break and close above the red resistance cluster and retest it successfully for a new bullish rally. The expanding channel is a bullish pattern all we need is a breakout and retest.
What do you thunk of this chart?
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#PEACE
#BTCUSDT EMERGENCY UPDATE, BTC at Decisive Point!Welcome to this quick Bitcoin update.
It's been a while since I posted BTC Chart here on tv, there was probably nothing important.
BTC was destined to hit $40k as per my last chart and it did.
What's next? it's currently trading under the $40k accumulation zone.
Bulls need to hold the blue support trendline. It's almost 395 days old.
Any break and close below this blue trendline could result in a massive dump in the entire market (less likely but possible).
Bitcoin is on a thread tbh, Bounce is needed here with good volume.
Most importantly a close above two important resistance levels: $46k and $53k for new ATH!
Lower Support levels are $40k $37k and $33k.
If you ask me what I think?
A dump towards 37k to 39k and then a big green candle all the way to $46k+.
That will probably be the decision time.
What's your thought on this?
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#PEACE
#BTCUSDT Monthly close Incoming! What to expect?Welcome to this Multi time frame extensive analysis on BTC.
Still choppy PA below the 39k range.
Needs to get above that $42k range to be bullish again in the mid term.
So far Bulls are doing just fine.
Waiting for the daily close.
Monthly also closes in just few hours.
I'll post next BTC Chart after monthly close.
The main question is are going to hit the $30k again?
IMHO, as long as we stay above the $36.7k range, we are likely to break this $42k resistance ..
A close above the $42k range confirms the bullish uptrend and a possibility of a new ATH.
I'll share few more charts below this analysis.
Hope it's helpful for you, if it is do not forget to hit the like button and share your views in the comment section.
Thank you
#PEACE
Stay tuned
#BTCUSDT Is the retest complete? Or More correction ahead?Welcome to this extensive analysis of BTC.
I'll be sharing my thoughts on general behavior in current market conditions along with the charts.
It's an important element of trading.
Your habits and discipline.
First of all, I know you don't feel good about this market.
The price action might not be allowing you to make good money under these conditions.
The $38k retest was imminent and eventually, those who followed my updates didn't FOMO at $45k.
BTC might be bearish in the short term but as long as $30k to $35k holds BTC is fine.
(This is just what I see in the charts, not financial advice)
TBH, Unless you’re a pro trader you’ll end up losing in these market conditions.
I don’t know about BTC’s current short-term PA. Anything could happen. But if you zoom out on the Weekly and this 3 Day chart it simply looks like a retest to me and maintaining the support so far.
You can see how high leverage traders are being liquidated from both sides.
This PA is pure manipulation along with FUD on global scale.
Be careful with all your trades if you are trading.
I am just adding on spot and will be adding till $33k. There’s nothing much to add here.
You all pretty much understand the situation if you follow my regular updates.
Alts are following all the fuc#ry happening in BTC. IMHO it’s more important to preserve your portfolio and trade at the right time. These are simply no trade zone for me.
Conclusion:- BTC is bouncing from the 200D MA on a 3 Day chart for 4 weeks and maintaining it so far. It is also retesting the resistance turned support trendline. The range is $35k to $38k
Close below this MA will invalidate this chart.
What do you think about it?
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Like only if you find this chart helpful in any way.
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#BTC Dominance ALT SEASON POSSIBILITY EXPLAINED!!
Welcome to this extensive analysis of BTC Dominance.
If you are reading my updates for the first time, make sure you follow me to read the most complex charts
Explained in the most simplified manner.
I also post margin and futures trade setups.
Now, let’s get to the chart.
BTC Dominance bounced right from the bottom of the channel around 39.15.
Currently moving around 42.27 level and broke above the blue MA.
The chart is pointing towards a possible rally towards 45.49 in the next 2 to 4 weeks.
This will eventually give some momentum to BTC against altcoins.
ALTS in BTC pairs are likely to continue some decline for the next few weeks unless it hits the legacy trend line resistance which is almost
300 days old. So once the index reaches that resistance level a rejection would lead to a 3 months rally in Altcoins in BTC pairs. So we need to wait for a few weeks to see
whether it breaks the resistance or gets a strong rejection.
CONCLUSION:- Alts will continue to bleed till dominance reaches 45.49 level. Once that level is reached I will update the next chart.
We will have to see whether it gets rejected or breaks the trend line.
Invalidation:- Close below the Blue MA.
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#PEACE
#BTCUSDT is fine, Do not Panic.
I know it's looking ugly atm.
It can go a bit down though but I am expecting a bounce from somewhere between $37.2k to $38.8k.
This is why I have been saying again and again ABOUT THE $38.8K LEVEL Which was not retested even after the breakout of $42k resistance which eventually couldn't hold either.
Now I expect BTC to retest and hold the $38k level by the weekly close and we will be ready for another wave up.
the only way this chart could go wrong is a break below $35k level.
What do you think?
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Thank you
#PEACE
#ETHUSDT 100% Accuracy so far, What's next?Welcome to this quick update, everyone.
As per my last chart, ETH dropped to our buy zone and we bought both on spot and leverage.
The average entry is around $2885.
The next resistance is around $3200.
A break and close above this level will trigger a rally towards $4000.
The pattern is playing out perfectly.
So this is my plan:- I'll be holding positions with SL around $2936 with a target of $3860 to $4000.
What's your plan?
Let me know in the comment section.
Also, If you like this chart, do hit the like button and share your views in the comment section.
Thank you
#PEACE
#BTCUSDT Nasty candle close, What's next?Welcome to this quick Bitcoin Update.
It was a nasty candle close. The DOJI shows the selling pressure around 45k level. But as per on-chain data the big addresses didn’t sell, Retail did instead the whales bought more.
Bullish indication? I do think so.
This could be a short-term manipulated PA to make people panic. The good thing is we broke out but a green candle along with volume is needed here.
For now, $38.8k to $40k remains untested and seems likely to be retested soon.
I've been saying this, again and again, to be careful going long since $45k.
Let's just wait for the right momentum to enter the market.
What do you think?
Do you think this rally was just a trap?
Or we are about to break all the way to new ATH!
Also, if you like this chart do hit the like button and share your views in the comment section.
Thank you
#PEACE
#TOTAL MCAP, LTF Analysis, Buy levels will trigger soon..Welcome to this quick update.
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I share all my strategies for free which can help you to add some extra value to your trading decisions.
The total chart followed our speculated move as shown in the last chart (leaving the link to the previous chart below this analysis).
The formation of the right shoulder is in play.
Likely to retest the blue MA and bounce from there.
This could be the time to start adding some alt positions and DCA while it touches that MA.
Secondly, at this point, the risk will be lesser than 3 days back when you wanted to FOMO in that green market.
Hope you got my point!
You'll find most of the altcoins forming the same structure as shown in this chart.
The same rules apply to those too.
So trade accordingly,
If you want me to share all of these charts, all you need to do is hit that like button and share your views (If you have any) in the comment section. It supports me to make more of these contents for free.
Thank you
#PEACE
#ETHUSDT Pull back imminent? Buy levels given here.Welcome to this quick trade setup.
ETHUSDT looks good in the given range, $2768 to $3068.
Although we need to convert the $3400 level resistance into support.
It's better to be cautious at current levels and use the DCA strategy.
Inverse H&S Formation in play.
Breakout of the neckline will trigger a rally to the $4k level.
Let me know your thoughts in the comment section.
Do hit the like button if you like it.
Thank you
#PEACE
#TOTAL MARKETCAP! Bitcoins and Altcoins are not done yet!Welcome to this quick update, everyone.
The total mark cap has broken out of the downtrend channel and is currently trying to retest the level.
In my previous chart, I said we need a close above that blue MA line though I expected some early rejections it broke out at once!
We also got a breakout above the downtrend channel after exactly 90 days of consolidation.
I expected a little more sideways action and consolidation previously but the breakout on 4th Feb changed everything.
What are the possible scenarios right now?
Well, keeping in mind this is not a fakeout, we are likely to continue the rally to retest $46k and $53k in BTC but before that, the red zone is needed to be retested for a healthy and sustainable rally throughout the market. This retest could result in some pullbacks in altcoins and BTC ($38.8k to $41k) followed by a 15% rally in BTC.
That will be the best time to enter the market.
ALTCOINS will follow BTC.
This is not financial advice, these are all my own views as per the chart.
What's your thought on this?
Do hit the like button and share your views in the comment section.
Thank you
#PEACE
#BTCUSDT Short term Technical AnalysisBitcoin is bullish again.
Since we got a close above 42k.
The next Resistance is around $46k where we have already seen some rejections at $45.5k.
Probably some retests to the lower 40ks and then we go up to $46k.
Just keep in mind the $38.8k level has not been retested yet, It doesn't have to be retested if you ask me.
We have seen many times BTC breaks the basic rules of TA. If it does, that could be the best buying opportunity if you are hedged.
Also, the USDT dominance has already got some rejection.
The retest would provide us with some buying opportunities in Altcoins and BTC as well.
What do you think?
Do hit the like button and share your views in the comment section.
Thank you
#PEACE
IS THIS BULL MARKET OVER ? Not yet here's what you need to know!I'll just keep it short,
USDT.D is hitting the long-term resistance around 4.87.
Break above and close above this level means the beginning of the bear market which will eventually lead to the break below the 30k level.
Whereas, rejection could take BTC to $43k+ level again.
$35k also happens to be monthly support which makes it quite important.
if BTC manages to hold $35k by Jan month's close the cycle will stay intact.
Currently, there's too much manipulation in the market and things are still uncertain.
This chart is the best indicator for the market direction.
Better use it in HTF.
Rejection is the key to new ATH, less likely but still possible as long as BTC is trading above $28k to $32k area.
What to do?
Wait for the right time.
We have been sitting aside and waiting for the right time to trade since BTC broke below $53k.
This decision helped us to save a lot of funds.
Your priority should be to protect your funds and avoid leveraging here.
My message to you will be to relax and Don't stress too much about money
Try to get engaged in things you love, it could be going on vacations, trekking, learning some new hobbies, hitting the gym.
Just take your time and don't give up!
Thanks for reading.
#BTC/USDT Broke out on 4th Feb exactly as Expected! PART-IIWelcome to this quick update, everyone.
BTC broke on 4th Feb, do you remember the chart that I have posted on 4th Jan?
If not, check it out, I'll leave the link below this update.
Though I got a bit drifted away with the short-term charts, BTC did manage to close above the $38k level making it bullish in the short term.
This was the surprise I have been talking about.
So the question is what's next?
IMHO, BTC broke out nicely and is ready to go up only if can fulfill these conditions:-
1. Holding the $38k level on daily
2. Closing above 21MA in 2 Day chart (15 hours left for the candle to close)
3. USDT dominance breaks and closes below 21 MA in the 2-day chart.
4. Weekly close above $51.5k for new ATH
All this bullishness could end up being a big trap if the 3rd condition doesn't get fulfilled in the next candle closes.
Also, the 38k level has not been tested yet.
So be careful trade mostly the short-term setups.
I'll keep you posted with this chart.
What's your thought on this?
Do hit the like button and share your views in the comment section.
Thank you
#PEACE
#Total Mcap, Not everyone is watching this!!I'll keep it short unless we see a break and close in daily above this red resistance which happens to be around $1.87 trillion. I don't think we will start rallying.
Also if you look into the grey box, the index got rejected multiple times from the blue line.
It needs to get above it.
If you are too excited with that $3000 candle on BTC, Don't!
Be smart and think twice before FOMO buying anything.
It's better to buy higher with confirmation rather than buying exactly at the resistance!
What's your thought on this?
Do hit the like button and share your views in the comment section!
#PEACE
#BTCUSDT Bullish again? Or Just a trap?Welcome to this quick update,
The total market cap needs to get above that $1.82 trillion level to be bullish again.
That level certainly gives us the $42k target for BTC as well.
Bitcoin needs to get above $42k to be bullish again.
Unless that happens there's still a possibility we can see lower $30ks as per my chart.
I'll also assess some LTF charts for the scalpers.
What do you think?
Do show your support and hit the like button.
Do not forget to share your views in the comment section.
Thank you
#PEACE
#LTCUSDT 3 Day Important Technical AnalysisLTC broke the $140 support level.
Lower buy range which also happens to be the resistance turned support levels is in the range of $71 to $84.
Not interested to buy here.
If you are holding long, Place SL around $92 and take profits above $118.
What's your thought on this?
Do hit the like button and share your views in the comment section.
Thank you
#PEACE
#BNBUSDT Important chart! This one is different.BNB is holding the support unlike other large cap coins.
It has shown massive growth in the last 2 years.
This level is important.
Golden pocket around $266 Which is the best buy area as per chart followed by some signs of reversals in ltf charts.
Lower support levels are $346 and $266.
What to do if you are holding longs?
IMHO, Better to hold with a SL below $335.
if you're looking to buy better wait for $266 or Start buying at cmp and DCA at lower levels.
I will personally wait.
What's your thought?
DO hit the like button and share your views in the comment section.
Thank you
#SOLUSDT Best Buy levels here.SOL is one of the best projects out there..
It has shown insane growth, almost $1 to $260 in less than a year! That's 260x
It needs to cool down a bit.
IMHO the best buy range fro Solana would be anywhere between $38 to $58.
I am not interested to buy here for long term.
FOR SCALPER: For scalping the scenario is different, Short term support around $88 is good and $88 to $100 is a good scalping range.
If you have doubts and don't want to miss the next run.
You can just follow the DCA strategy.
I am more of a trend trader.
So I don't really do much long term holding strategy in Crypto.
I always try to get the best entries possible in the market where no one is interested and try to take profits on the way up..
What's your thought on this?
Do hit the like button and share your views. in the comment section.
Thank you
#PEACE
XRPUSDT Long term view.. 7x possible!XRP is on a long term support.
Looks like a cup and handle formation in this long term chart.
I was asked by one of our community member whether to hold XRP for long term.
IMHO You can start accumulating here and DCA.
That's the best strategy for these large caps.
Best range is between $0.46 to $0.60 with a target of almost $3 to $5 (For few years) which is almost 6x to 10x from here...
Many charts coming up.
SO stay tuned and follow me if you haven't yet!
What's your thought?
Dos how your support and hit that like button.
Thank you
#LUNAUSDT broke the support!I'll keep it short!
Looks bearish to me.
Broke below 442 days of support trendline.
Lower support levels are $44.94 and $38.55
If it can get above $74 we can expect some bullish momentum but that's a long story for now.
Expecting a bounce around $45.
I will be ,posting more charts with very short and to the point analysis.
Do show your support.
#DOTUSDT Looks ready for a 100%+ pump! Trade Setup.Welcome to this quick update.
I'll keep it short.
Every time DOT breaks the Blue MA daily we have seen massive Rallies.
Firstly, It bounced from the support, and as per this chart, It must rally at least 100% TO 150% in the next few weeks.
ENTRY :- $25.5 to $29.6
Target :-
$45
$52
$61
Stop loss:- $23.82
*Not Financial Advice, DYOR before taking any trade.
If you want me to post more of these charts.
Hit the like button Follow me for more.
Thank you
#PEACE