#BITCOIN URGENT Update! Positive Rally ahead ?Welcome to this quick Sunday update, everyone.
Only 4 hours 40 mins left for the weekly closes.
Let's look at the upcoming possible move for BTC.
Bitcoin has been trading inside this channel.
The reason I think this channel is valid is the black boxes.
You can see how those boxes work as support zones above the support trendline showing signs of sideways accumulation.
This chart will be wrong on a daily close below 46.5k level.
It's highly likely we will see a rally towards the $48.8k level here to test the 49.3k resistance.
Break below this channel would be disastrous.
I am holding positions with tight stop losses.
Since you don't trade in a sideways market.
You wait either for a breakout or a breakdown!
Important Note:- If a candle closes below this channel or $46.7k, that would invalidate this analysis.
Let's see how the weekly closes.
This is not financial advice, DYOR before taking any trading action.
What do you think about this chart?
Do you think BTC will start a positive rally from here?
Do share your views and hit that like button real hard!
So that I don't stop posting these important updates free for you all!!
#PEACE
Cryptorphic
#BTCUSDT at Important Resistance. Next Move explainedWelcome to this quick Update, everyone.
If you are reading my updates for the first time, do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
Bitcoin followed our last ANALYSIS perfectly and broke out the Bull Flag.
Currently, BTC is in the resistance area.
$48.6k happens to be an important resistance level.
You can those clusters of candles in this area that will act as a supply zone.
So far we can see continuous rejections since the daily close.
Remember what I said in the last update.
The rally everyone has been waiting for CAN ONLY GET TRIGGERED AFTER a daily close above $52k.
Anything below this level would be a trap.
$48.6K IS AN IMPORTANT RESISTAANCE followed by $49.4k and $52k.
IMHO, so many resistances AT a place don't allow you to make many trades.
So it's better to use stop losses if you are trading with leverage.
We have made killing profits since the last few weeks in our elite club. But we are holding only a few with Stop Losses.
Make sure you check that out too :)
So what do you think?
Will BTC break from here?
I believe we can see some more rejection in this area and weekly close will clear more of our doubts. Till then it's better not to trade much on weekends unless we see some good setups.
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
#RDNBTC 269%+ Potential Rally aheadWelcome to this quick Trade Setup, everyone.
If you are reading my updates for the first time, do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures.
RDN broke out of the 168 days resistance trendline.
This is a daily chart so it's highly likely we will see a good rally here.
It is currently retesting the resistance turned support.
Also trading above both 50D and 21D MA.
The on-chain shows big accumulations of almost $1.2 million worth of buys in a single day, a steady accumulation since the last few weeks. No major pump is seen to this day.
Accumulation Range:- 980 sats to 1150 sats
Targets:-
1465
1692
1858
2401
2993
3453
Stop loss:- 841
DYOR before taking this trade.
Also, I keep an eye on the Dominance chart. IF BTC.D bounces and becomes bullish I exit my ALT/BTC Pairs.
If that scenario comes I'll let you know so don't worry.
What's your thought on this?
Do hit the like button if you like this trade setup and share your views in the comment section.
Thank you
#PEACE
#MATICUSDT Trade Setup. 38% Scalping Opportunity!Welcome to this quick setup, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
MATIC broke out of the pattern recently.
It's retesting right now.
Also Broke above 21D MA which is bullish.
So this could be a reasonable trade.
But do your own research before trading, ALWAYS!
ENTRY: $1.18 to $1.315
Targets:
$1.47
$1.68
$1.73
Stop Loss:- $1.139
Recommended leverage: 2x to 5x
Spot if you want to be extra careful!
What's your thought on this?
If you want me to post more of these setups,
do hit the like button and share your views, coin requests etc in the comment section.
Thank you
#PEACE
#TOMOUSDT 30% Potential Rally ahead. Trade Setup1
Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
Open Long TOMO/USDT
Entry: $2.21 to $2.30
Target : 15% to 30%
Stop Loss:-$2.155 (agressive)
What's your thought on this?
Do hit the like button if you like this setup and want me to post more.
Also, share your views in the comment section.
Thank you
#PEACE
#BZRXUSDT Trade Setup. 25% Scalping Profit!Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
BZRX broke out of the channel and it's ready for a rally.
One of the altcoins which haven't been pumped yet!
ENTRY: $.315 to $.340
Targets:-
$.376
$.392
$.432
$.464
Accumulate in dips too.
Leverage: 3x to 5x
Stop Loss :- $.3065
If you want me to post more of these setups, hit that like button and share your views in the comment section.
Thank you
#PEACE
#BTCUSDT Bullish Divergence in Play+ PASTA Update!Welcome to this quick Sunday Analysis.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
BTC was forming bullish divergences since yesterday I updated in my previous update that BTC will bounce from there.
With the current market situation, it seems we can see some bounce from here.
Once 45>6k is breached in a 4-hour candle close, It's highly likely that BTC will pump to the $48k area.
Important support level:- $45k
Resistance levels: 46.5k, 47.2k, and 48.12k
Expect some retracements to the mid 45ks or even wicking below 45k for few minutes.
ALL EYES on weekly close!
Important Note:- BTC must hold that 21Weekly MA in this weekly close.
Only a close below this level could end this bullish momentum.
I need you to know this to stay ahead in the market.
ALSO, I posted about Pasta Finance in my previous updates.
BTC is looking bullish in the short term so it can rally from here.
Posted around $.28 and it pumped all the way to $1+
Short-term traders took some profits and it corrected to $0.40.
I am stacking it to make more Pasta. My target is above $6 to $10 in the mid-term.
I don't intend to tale short-term profits and eventually end up buying higher.
Currently hovering around $.43 Which is a good support level.
This is a good range to buy if you are thinking to go for some risky trade.
As I mentioned before, I know the whales could just start to pump this meme coin - expecting huge pumps and also corrections (Depending on BTC)) in the next few weeks.
It is highly likely to follow like Doge.
I am observing the big addresses.
None of them have sold a single coin even at $1.
I expect this one to do well in the next few weeks.
Nowadays memes are doing way better than the actual ones tbh.
But do your own research, This is not financial advice.
What's your thought on this and on BTC in general.
Do you think this correction is over?
Do you think BTC and Pasta could easily pump from here?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
#BTC Dominance 100% Perfect Prediction! What's next?Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
Let's get straight to the chart.
BTC dominance started falling from the 48.6 level (the circle) we called the alt season at that time.
Many altcoins already went 4x to even 10x.
The question here is, is it over already?
I will keep this simple for you...
If we hold this 41.8k level by this weekly close we can expect some bounce which will give us some opportunities to buy Altcoins at cheap prices.
Any close below the red line leads to alt season
Lower support is at 39.03 and 36.33 levels.
I am. holding my altcoins on spot for now.
What's your thought on this?
Do you think this correction is over?
Do you think ALTCOINS could easily pump from here?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
#BTC at Decisive Point. Bulls Defending 200D MA!Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
Let's get straight to the chart.
BTC is currently holding the support level at 200D MA.
About 200D MA:- The 200-day moving average is represented as a line on charts and represents the average price over the past 200 days or 40 weeks. The moving average can give traders a sense regarding whether the trend is up or down, while also identifying potential support or resistance areas. So by definition as long as the price stays above the 200D MA BTC is still in an uptrend.
I know it looks bearish in LTF but this is exactly what can be seen in the charts!
50D MA is also moving around $44672. We can see some wicks in that area.
IMHO BTC is likely to hit the 49k mark as long as 200D on Daily holds.
CLOSE BELOW TEH 200 DAILY MOVING AVERAGE (46.5K) WILL INVALIDATE THIS CHART.
What's your thought on this?
Do you think this correction is over?
Do you think BTC could easily pump from here?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
#BTCUSDT Don't panic. Last sweep before bull rally?Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
Let's get to the chart!
BTC broke out above the 51.5k level ending up being a fake breakout.
Whales started taking profits here and probably building long positions at lower level now.
The bulls are still strong and I thing there's no need to panic.
Reasons:-
1. BTC is testing the blue trendline which is the resistance turned support level.
2. 46k is an important level
3. 200D MA support at 46k
However there's one condition on which the whole bull rally depends which is holding the 21MA. For that we need a daily close above the 48.8k level.
Only a close above this level confirms a rally towards $54k level.
Else we could see some consolidation around the 43k to 47k area for the next few days and even a week.
Invalidation of this chart would be aa close below the 43k level.
What's your thought on this?
If you want me to post more of these updates, Do hit the like button and share your views in the comment section.
Thank you
#PEACE
#BTCUSDT Quick Hourly update and BSC Token Revealed.Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
Let's get to the chart!
BTC tested the lower support trendline.
Highly likely we should bounce from here for the channel to stay intact.
Close below $49,500 means a retest to the $46.4k to $47.8k level.
I know everyone is very bullish right now but only a close above $51.5k triggers a new Bull Rally.
Till then we are still in the danger zone. So trade cautiously.
BSC TOKEN Revealed:-
Also, As promised in my last BTC update, The BSC token that I've invested almost 5% of the trading account is Pasta Finance.
Reasons I bought a big bag of Pasta and Accumulating more?
Very Low supply, Good liquidity.
Almost 1800+ Holders
Still under the radar.
All other coins in this range are almost $20+ and this one is trading around $0.3 almost 40x down from its ATH!
So you can calculate the potential.
100x to 150x Potential!
IMHO, We can expect a big pump incoming in the next 48 hours.
The whales have also accumulated this coin for months.
Who knows? It can get listed on exchanges like Gate.io or even Binance in the future. if that happens 200x is nothing.
For example look at CAKE, $.19 to almost $23.60. Almost 230x!
So this is not fantasy, it happened. Even if it ends up with 50x, where's is the loss in that?
I recommend you to do your own research thoroughly AND THEN DECIDE!
How to buy?
Connect your trust wallet or Metamask wallet to the pancake or Pastaswap decentralized exchange and swap with BNB or BUSD!
My recommendation is to buy when no one is looking at it. You know I don't generally invest in such projects unless I am sure :)
But DYOR before investing! This is not financial advice. Thank you
What's your thought on this?
If you want me to post more of these updates, Do hit the like button and share your views in the comment section.
Thank you
#PEACE
#BTC Broke 50k! $75k Incoming? Eyes on BSC Coins for 50x Gains!Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
BTC broke above the 50k level in this chart,
Multiple retests to the 47k-49k is likely.
I'll keep it short as simple.
Once BTC breaks and closes above the $51.5k level BTC can start a rally towards a new ATH!
The HTF Charts shows the possibility of $100,000+ BTC in the near future.
This could be the beginning of the new bull rally.
However one needs to be very vigilant to the market which is in greed now.
Coins like BCH EOS and XRP can also do good if BTC breaks this 51k level.
So keep an eye on these.
Also, I am also looking into dex coins the high returns are on the coins listed on BSC (Binance Smart Chain). ETH gas fees are too high. BSC is way cheaper and possibility of being listed on Binance is higher too.
Example 1Inch, Uniswap Sushiswap etc
I am looking at the best alternatives of DEX Coins like CAKE and UNI.
Which provide farms, staking, etc you can make good returns with good projects.
This pump in BTC can bring big rallies in small caps too.
So this time I don't want to miss those coins.
Will be sharing with you all the gems soon.
so stay tuned!
I will be sharing some altcoins on spot too.
What's your thought on this?
Do you think BTC could easily pump from here?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
#BTCUSDT Bloody September Part IIWelcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
Though BTC broke below the support the 100 MA saved the day.
An important support level is around 46.5k
The blue channel could be tested around the daily close.
To be honest, I don’t know where it’s going. BTC must break above the 51k level to be bullish. As long as it stays below the channel it’s risky to enter or hold leveraged positions. The reason being we are trading around a Rising Wedge Channel.
BTC is very cunning. It breaks the pattern and then goes inside again.
The recent pump would end up being a trap If BTC breaks below the 100MA.
Be alert, avoid margin and leverage trades, and accumulate alts on spot in dips.
So IMHO it’s better to wait for the breakout to long and the breakdown to short.
What's your thought on this?
Do you think this correction is over?
Do you think BTC could easily pump from here?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
#BTCUSDT: Bloddy September Incoming?Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
As shown in the last post the channel worked perfectly fine.
However, before you go full-on bullish keep an eye on this rising channel that BTC has already broken down.
For BTC to continue the bullish momentum price needs to close inside the channel.
Else this could end up being just a retest before the red September arrives.
I am avoiding futures trades now. Closed most of the positions yesterday some on loss too.
The weekend is near.
In case there’s any change in the trend, I’ll let you know first!
Keeping it simple, back inside the channel and BTC could easily break through the 52k level by the end of Sept but the way it's looking.
It's not looking good, to be honest.
The only good thing is BTC is maintaining the 100MA.
Also, I have been accumulating altcoins on my Spot account.
IMHO, next few weeks we can get a good bargain on altcoins which will eventually go 2x to 5x by the end of this year. So follow me for the setups.
What's your thought on this?
Do you think this correction is over?
Do you think BTC could easily pump from here?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
Mask is ready for another leg up...Mask is consolidating above the 0.68 Fib after breaking out from the triangle, you can also spot head and shoulder...
Binance adding Mask to futures signal a gigantic move for Mask from here.
We all saw how C98 was pumped hard after being added on futures...
aiming for 23% above for the next move...
DYOR and NFA.
Thanks for having the time to go through...
#RUNEUSDT 170%+ Potential Rally ahead! Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
RUNE Broke out of the Inverse Head and Shoulders Pattern in HTF.
the price is retesting right now.
The pattern started forming on June 21st, 2021, and broke out on Aug 21st.
60 days of formation broke out a few days back. It couldn't be that weak.
The chart is pointing towards a 170% + rally.
Best entry:- $8.92 to $10.4
Targets:-
$10.96
$12.56
$13.88
$14.11
$15.89
$15.77
$18.26
25% Position you can hold till. $25
Stop Loss:- $8.33
Do your own research before investing.
I put my maximum effort into finding these setups. Please try to put some of yours too, before investing.
What's your thought on this?
Do you think this correction is over?
Do you think RUNE could easily start pumping from this level?
Do hit the like button if you like this setup and share your views in the comment section.
Thank you
#PEACE
#BTCUSD Bearish Divergence played out? Next bounce area?Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
Bitcoin played out the bearish divergence and got rejected from 50.5k level.
I WARNED IN MY LAST UPDATE TO AVOID MARGIN AND FUTURES TRADING.
I hope you all listened.
The price also made a low of 47.7k which is an important level.
The only support we have in the short term is the 200D MA.
Holding this level could take us back above 49k within the next 48 hours.
Break below this level BTC will be bearish and we can expect as low as 44k to be tested.
The overall trend is bullish, I just shared the LTF scenarios with you.
In a nutshell, I will avoid margin longs unless I see some concrete confirmations in the daily chart. All we need is to maintain the 46.5k level in daily closes. If we do both alts and btc will start rallying together.
Don't worry I will keep posting these ideas for you all no matter if the market is dumping or pumping.
So stay tuned and chill.
Keep accumulating the ALTS in BTC pairs on spot.
They will be profitable.
What's your thought on this?
Do you think this correction is over?
Do you think BTC could easily pump from here?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
#XRP/USDT Broke out. 42% potential Rally Ahead!!Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
Let's get to this setup.
XRP is broke out of the Triangle.
A retest is due and the retest will be the opportunity to buy some or long with low leverage.
Best Entry :- $1.18 to $1.27
Targets:-
$1.43
$1.56
$1.61
$1.72
Stop Loss:- $1.09
Caution:- It's very important to be careful now. I am seeing breakouts in Alts everywhere while BTC shows Bearish divergences. So things are quite uncertain
Since the market is looking very bullish expect some correction here.
IMO Adding on partially would be a good idea and If you want to trade on futures, better wait for the right green candle for the right confirmation above the triangular resistance turned support trendline. Also, DYOR before taking this trade.
If you are new to trading, avoid any long or short atm.
What's your thought on this?
Do hit the like button if you like this setup and share your views in the comment section.
Thank you
#PEACE
#REEF/BTC broke out Inverse H&S. 40%+ Potential Rally!Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
The bitcoin dominance is falling as per my chart and I believe alts will do good within the last quarter of this year.
September could be the best month to accumulate altcoins in BTC pair.
This is why I am posting altcoins this time so that you will be aware of the best alts to accumulate with less risk.
REEF has some exciting fundamentals in the last quarter.
Technically it broke out of the Inverse H&S Pattern with good volume.
Better start accumulating at the CMP and add more in the dips.
Entry :
43 sats to 50 sats
Target:-
57
63
69
74
83
If you want to hold it till the end of this year that would also be a good idea until we see any changes in the market. You can expect 2x to 3x profit.
If that occurs I'll update you all so nothing to worry about here.
Not providing any SL here.
Buy every dip if possible.
#DYOR before investing.
What's your thought on this?
Do share your views and do not forget to hit the like button.
Thank you
#PEACE
#BTC Couldn't break $50k. Is the momentum fading already?Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
On weekends volume is low. BTC reached $49.8k but couldn't breach the 50k mark.
What's really interesting is the price is holding the 48k level.
As long as this level holds a rally towards 51k is highly likely.
I expect 2 scenarios here to play out till Monday.
I have shown in the chart.
Once we hit that 51k mark a correction is likely.
My thought is if BTC hits that level by tomorrow better close your long positions and expect a bloody Monday.
Please observe.
What's your thought on this?
Do you think BTC will start its correction from here?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#BTCUSDT Bearish Divergence in LTF. Correction Incoming?Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
BTC Broke the 50k resistance and is currently trading at 50.2k.
Everyone is very bullish now and even the altcoins are showing a lot of signs of strength in Higher time frame charts.
In the last update, I said it's better to wait for correction in BTC to get into good positions with alts.
I haven't seen that yet.
BTC is also showing Bearish divergence in the lower time frame as you can see in the chart.
The market has been. green since many days.
Also in Extreme greed.
You have to be extra cautious while trading.
If you are new you better wait for the right time to enter.
All my futures positions are closed now in massive profits.
Holding on Spot only.
As per the chart, we can expect a retracement towards the green box 1 and 2 both. ranging from 45k to 48k level.
Daily closes above the 48k are all that is needed for now.
Close above 51k means new ATH.
So overall trend is bullish but in the short term, I expect some correction here.
What's your thought on this?
Do you think BTC will start some corrections from here?
Or do you think BTC could easily pump from here?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
#BTC Dominance bouncing? ALTCOIN Opportunities ahead?Welcome to this quick Sunday Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
Let's get to the chart.
The BTC.D Chart that I posted earlier followed the speculated path perfectly.
The chart shows the possibility of some bounce in this index which will eventually lead to corrections in altcoins.
These corrections won't last and should be considered as an opportunity to accumulate at lower levels.
So far we have traded many altcoins like:-
VET: 37% Profit
TOMO: 11%
COS: 70%
REEF::41%
DGB: 29%
LRC: 45%
BEAM: 24%
IOST: 28%
OXT: 34%+
XRP: 19% and many more...
All these Altcoins were posted and have shown massive profits lately without leverage.
I will be posting more setups this week.
So follow me and do hit that like button if you like me to post more Spot and Futures Setup.
Do share this chart with others.
Thank you
#PEACE
#COS/BTC 240%+ Potential Trade Setup!Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
COS Broke out of the 140-day long triangle and is currently retesting the support level.
It's highly likely it can pump 50% to 120% in the mid term and even try to break it's previoous ATH with a possible pump of 240% +.
ENTRY : 33 sats to 38 sats
Targets:-
47
56
74
84
97
106
SL: 29
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Follow me for more.
Thank you