#BTC Hit my 20.6k+ Target! What's Next?I'll keep it very short guys. First of all Congratulations to you all!
BTC BROKE 20k AND ACHIEVED A NEW HIGH OF $20800.
Scenario 1: This could be the last extended wave before correction.
I could be wrong this time and I would be more than happy to be wrong in this scenario.
Scenario 2: There's also a possibility that BTC could hit 23k within the end of this year which is only possible if it stays above 19.6k level.
You know very well There's no resistance above 20k and BTC just made a new high. It could be the beginning of a new Cycle..
I am seeing some real FOMO here. Sitting aside.
The purple area is now a support which needs to be tested.
Conclusion : BTC is really very bullish I will re enter again into the market with my 60% USDT around the purple range which is 19300 to 19800 with a SL around $18687.
Please do your own research before taking any trade decisions.
Thanks for Reading
#PEACE
Cryptorphic
#BTCUSD Perfect Prediction again. Current Possible scenario!
BTC Urgent Update : BTC followed our previous scenario perfectly again.
It bounced from the 17.5k support and reached our 18.5k+ retest level.
What do I expect from here?
I think we will hold the 17.5k level for now.
The 200D MA is around 17.7k which is a good thing.
We can test this major psychological Price level and bounce back above 18k.
Invalidation of this scenario would be a daily close below 17.5k.
In the mean time I can see some good buying opportunity in altcoins.
I will post some charts now and follow up the current ongoing trade setups.
Stay tuned.
Please support my work with your likes and comments, it motivates me to work harder and deliver these quality updates for you all.
Thank you
#PEACE
#BTCUSD Correction has started!The long awaited correction has started.
Broke below the 21D MA
Expecting a retest around 18.5k and then further down to the 17.4k level.
BTC won't dump for 10 to 20% at once it will go down slowly.
If you are a margin trader you can short the resistance levels and long the support levels with stop losses.
Currently the complete market is uncertain so better to be careful.
We can still see a spike from here to 19k and further down (This move will be to trap the late longs).
The scenario 2 that I posted 2 weeks back is playing perfectly as of now.
The direction is to the downside but with multiple retest to the upper levels. There's a lot information given in the chart please pay attention and observe.
Invalidation of this chart would be a daily close above 19.3K which seems likely for now.
Feel free to Hit the like button if you like this update and share your views in the comment section.
Staysafe
#PEACE
#FET/BTC Broke out! 95% Potential Profit Trade setup.FET BTC just broke out of the 21D MA and also the local trendline resistance.It bounced exactly from the bottom.
Expecting it to break the black trendline resistance and eventually go for a potential 95% rally.
ENTRY: 265 to 274
If somehow we get to see a dip we will buy back more putting a Stop Loss around 243.
TAREGTS:
324
356
411
439
490
512
SL : 243
If you like this setup please hit the like button and share your views in the comment section.
#PEACE
WAN/BTC Looks good for potential 40% move.Every time WAN breaks above the 21D MA in 4 hour chart we have seen 30 to 40% rallies within few days.
I just found the same fractal repeating.
Expecting this one to rally over 20 to 40% in the next few days. They also have some news within the end of this month. Dominance also seems to be rejected from the resistance level. So the Risk reward on this setup is quite good.
ENTRY : 1760 TO 1815
TARGETS :
1978
2135
2289
2351
Stop Loss : 1667
Do your own research before investing.
Feel free to hit the like button to support my work.
Thank you
#PEACE
This move Triggered Alt season last 3 times and its repeating!Welcome to this quick update everyone.
First of all Thank you so much for the immense support from you all. This is the reason why I decided to post on tv again.
Let's get to the chart.
Every time we see a cross of 21D MA below the 50D MA in daily chart we have witnessed an altseason.
It has been very accurate for the last three alt seasons.
I see it repeating again.
December is good for altcoins too.
Observe the purple boxes in the chart.
RED LINE : 50D MA
GREEN LINE : 21D MA
Dominance is also facing an important resistance around the 64 level.
Any break and close above this area could simpy invalidate this chart and the fractals too.
Let's wait for the fractals for the next few daily close.
I hope you learned something new from this chart.
I always try to point something out of my charts for you to learn and also see something that no one else is talking about. If you haven't, do have a look on my previous dominance charts to know the accuracy of my calls.
Thanks for reading.
Feel free to hit the like button if you like my updates and follow me for more upcoming Interesting charts.
#PEACE
#BTC/USD Important short update
BTC UPDATE (2 hour chart) : Bictoin has been trading sideways.
Bulls seem strong over 18.8k area.
I just need you to be informed, BTC is overbought in Lower Time frame charts.
The market is in extreme greed mode.
Needs correction. If you are in USDT better to stay that way.
If you are in BTC you must take some profits out at this price or maybe on a bounce.
It's likely that BTC could surpass 20k and then a big correction leaving a wick in the weekly close.
What we really need right now is a weekly close above 20k. Make it cemented in your brain.
BTC above 20k is bullish. Not here exactly. Altcoins are showing some good moves but for a sustainable rally in every alt we need btc to retrace.
I don't find it comfortable to enter altcoins while expecting a big move from BTC no matter the direction.
So stay relaxed but be vigilant to the market.
Thanks for reading.
Do hit the like button if you like this update and do share. your views in the comment section.
#PEACE
#BTCUSD 20.6k could be the TOP (Short term), Here's why!BTC bounced exactly as speculated from 18.3k level.
In some exchanges low was around 18.1k for the day.
In this chart I want you to look at the wicks in the yellow boxes.
Wicks are MOMENTUM BUYERS AND SELLERS.
When you see the wicks at the top it means there is a selling pressure and when you see there are wicks at the bottom, it simply means there is a strong buying pressure in the chart.Remember, longer the wick higher the momentum.
So the momentum is shifting towards buyers in the short term.There's a lot of buying pressure in the lower time frames though the volume is low.The upper trendline of the channel touches the 20.3k to 20.6k level this is why I think BTC could reach there making a tripple top.
We will wait for the daily close now and see if the price reclaims a close above the 19k level. If that happens we can see btc again trying to break the 20k level.
You can see there isn't any resistance above 20k so it can go up a bit more.
Though people are thinking of moon right now a surprise correction is inevitable.
CONCLUSION : BTC will correct soon it's just that more and more late longs are being trapped. Be cautious.
Thank you for your support so far.
Do hit the like button if you like this idea and share your views in the comment section.
Keep supporting it's because of you I spend so much time here answering your questions and posting spot on BTC updates which can help you to make better trade decisions on margins futures and even on spot.
Thank you
#PEACE
#BTC Hit 19.8k What's next? TOP OR A BREAKOUT?This update will be real quick and to the point.
BTC followed the scenario 2 and extended to almost 19.8k making a new high.
The ATH ended up with a wick so far and currently we are seeing a doji candle in formation which is basically a reversal candle.
I am still expecting a correction and scenario 2 is possibly in play.
Invalidation :
1. Break and close above the 19.6k level.
2. Trading inside the blue channel.
If this happens we can see an extended PA almost to 20.3k level.
FOR NOW LET'S WAIT FOR THE DAILY CLOSE.
I WILL KEEP THIS CHART UPDATED.
THE MONTHLY CANDLE CLOSES TONIGHT AND THIS WILL BE A GOOD CLOSE IMHO.
Shoot that like button and share your views in the comment section.
Thanks for reading
#PEACE
BTC Followed my prediction 100% accurately what's next?Another spot on chart!
I don't generally do nor do I like to brag about my charts, my charts speak more than what I say. I got some hate messages from strangers about this chart, I told them to comment on the post but they didn't.
BTC pumped right away from the 17.6k level as I said earlier.
If you longed on this setup you must be in healthy profit, better to book some now.
Currently it's facing an important level which is the 50D MA.
If we see a candle close above the 50D MA we can expect BTC to continue moving towards the 18.8K LEVEL.
Rejection of this 50D MA could can merely be a retest after the breakout and eventually BTC could plummet to 15.8k level through the multiple resistance levels around 17.7k 17.2k 16.8k 16.3k levels.
We need to watch the 50D MA now which is around 18.1k.
I'll keep this chart updated.
Thanks for your support so far only because of your support I am posting even on this Sunday morning.
Keep supporting, I'll keep you posted as much as I can.
If you haven't followed my yet follow me for more updates and trade setups.
Stay tuned!
Stay safe
#PEACE
#BTCUSD Important levels and Possible scenarios Explained!Welcome to this update. Please read carefully by looking at the chart.
Highly appreciate your support so far.
Let's get to the chart now:
Bitcoin broke the parabolic trendline and it seems we are going to hit the 17.3k resistance again.
In this chart I have speculated the possible move as per my opinion.
Invalidation will be break and close above 18.4k.(Unlikely)
Lower support zones:
.382 : 15.8K
.5 : 14.7K
.618 : 13.5K
Above are the important fib levels were 0.618 happens to be the golden pocket. Unlikley for now but it is possible.
Also to note that the blue channel has not been retested yet after the breakout so there's still chances that we can see a retest of the level in future.
The level is somewhere between 17.8k to 18.4k.
BTC has been falling since the last 3 days so there's a possibility that we can see a bullish rally to pump to the upper side of the channel resistances.
I see two possible scenarios in this chart. Either we test the 17.3k again and go down to the 15.8k level or we can just touch the lower trendline of the small blue channel at the top.
What should be the best thing to do right now?
IMHO If you are in USDT better to place your buy orders on the levels given above.
If you are a long term hodler you can just hold.
If you are a trend trader or short term trader better to sell some of your stack around the yellow box : 17.3k and again around the retest level of the blue channel which is around 17.8k to 18.4k.
(Not financial advise please do your own research).
It's really very important to be patient with your trades. 19.8k was a previous resistance and also there was some massive bearish divergence on multiple time frames. You knew this was coming. I have been saying this since very long so suggested holding USDT.
This could happen to be the last buying opportunity for retail traders when BTC corrects.
I will post multiple Time frame charts soon.
If you like this chart do hit the like button and share your views in the comment section.
Your support will be highly appreciated, It gives me reason to post regular charts for you all.
If you haven't followed me yet, follow me for more future updates.
Thanks for reading.
Stay safe
#PEACE
#DOMINANCE Should Fall! But for how long? On demand Chart!Dominance bounced around the 57 level in September second week. That was the time when I posted a chart and warned everyone to hold more BTC and minimise your exposure in altcoins.
Since then we have seen correction in altcoins for almost 76 days.
Now it got rejected from the upper trendline resistance of the channel.
What can we expect now?
I am expecting Dominance to fall from here. 64 Level was crucial and it already broke below it and currently retesting this level. Alts. must perform well for at least next 3 to 4 weeks.
Alts are taking a hit right now while BTC is under a short term correction.
The next crucial levels to watch are 61.20 and 58.
If Dominance breaks below the 61 level the alt season may get extended to almost 56 days.
History says Nov to Jan are good for altcoins.
I am holding the few altcoins that I posted like BLZ CTSI DUSK PPT and will add more on confirmations.
I will be posting altcoin setups soon, stay tuned.
Do hit the like button if you like my simple updates and share your views in the comment section.
#PEACE
#CTSI/BTC C& H Breakout 114% + Potential PROFITWelcome to this quick update everyone.
BTC Dominance is falling and this is a good opportunity to trade some altcoins.
CTSI is amonG the coins which haven't pumped much yet.
Currently it is breaking out of a Cup and Handle Pattern.
It also broke out of the long term Falling wedge pattern.
It also broke above 21D MA 50D MA and 200D MA.
ENTRY : 245 TO 271
Targets :
321
351
383
481
571
Stop Loss : 227
Do your own research before investing
Please hit the like button if you like my work and share your views in the comment section.
Stay safe
#PEACE
#BLZ BTC 400%+ Potential ProfitWelcome to this quick Altcoin Setup.
BLZ is among. the altcoins which really pump hard in altseason.
Last time we traded BLZ it rallied over 550%.
They also have some Mainnet news at the end of first quarter of 2021.
Just broke out of the 50D MA in Daily chart and 200D MA (Blue Line) in 2D Chart. We can also see a bullish MACD Crossover this 2D Chart.
ENTRY: 505 to 523
Second Entry if the price retraces : 478 to 495
Targets
598
688
747
957
1239
Stop Loss : Daily close below 50D MA
Do your own research before making any trade decisions.
Do hit the like button if you like this setup and shre your views in the comment section.
Thank you
Stay safe
#PEACE
#ETH/BTC Fractals indicate a 38% rally!Hello guys welcome to this quick setup.
#ETHBTC just broke out of the resistance trendline and currently retesting the flipped Support.
Fractals showing last time it happened ETH rallied almost 38%. This resistance is 106 days long.
IMO this is a good time to add ETH to your portfolio.
I have bought a big bag and will be holding for for few months.
This isn't a short term setup, rather a long term setup.
I will buying every dip if it comes.
WHAT DO YOU THINK about this setup ?
Do share your views in the comment section. Feel free to like this update if you agree, your likes won't cost you anything but provides me a motivation to bring moe of such quality contents for free.
#PEACE
#COTI/BTC Looks Extremely Bullish. C&H + INVERSE H&SWelcome to this quick altcoins setup guys.
COTI/BTC is trading around 255 to 257 while I am writing this update which is a very a very strong support.
Why am I bullish on this chart?
Bullish breakout of the Cup and Hassle formation at the bottom of the chart.
Inverse Head and Shoulders in formation which adds up to the Bullishness of this chart.
The only small resistance is 276 if it breaks we can easily see it reaching 341 sats.
GOLDEN CROSS: When 5OD MA crosses over the 200 D MA in HTF. 8 hour is considerably a HTF chart.
ENTRY:
254 to 256
TARGETS:
307
326
365
392
422
Sl: 227
FUNDAMENTALS:
Very strong fundamentals throughout the next 2 quarters.
An additional node will be added to the MainNet on July 1st, 2020.
They will be launching their COTI PAY Debit card and you do remember what happened to the price of MCO when their Debit card was launched it exploded 100% in a month. Yes!
So BUY this (DYOR) and IMO hold till the end of December. I am adding this coin to my portfolio for the next few months.
Thanks for coming by to this chart, Do. Hit the like button if you find this update useful.
Thanks
Stay safe
#PEACE
#BTC Dominance breaks! Altseason continues until this happens!Welcome to this quick update.
Thanks for the unmatchable support you've shown so far. Keep supporting if you find my work deserving.
1. Dominance broke down an important support level which held for the last 122 days.
2. As per fractals it should fall for approximately -5.88 % to the lower green support level from here which will result in anther alt rally for the next 4 to 6 weeks.
INVALIDATION POINT:
1. If it breaks above the 50D MA (Red line) and closes above it.
2. A positive daily close above the support line (Red Line).
This breakdown will result in 200 to 300% profit in the next 4 to 6 weeks in many altcoins. Follow me to know the TOP 10 altcoins to trade this season.
THE BEST THING ABOUT TRADINGVIEW IS YOUR CHARTS DOES THE TALKING, So go through my previous altcoin updates to know about my accuracy. If you find it deserving please like and shoot a follow for more future updates.
Thanks for reading
Stay safe
#PEACE
#BTC Dominance! Fractals! Alt season is not over YET?Welcome to this quick update guys.
Like my previous Dominance update I shared both the bull and the bear scenario.
In this chart I would like to share with you some reasons why I think Alt season may continue for more 7 weeks.
Please observe the chart with me:
The Fractals, you cn see the black poly line waves have been moving like a rhyme .
50D MA: Whenever Dominance breaks below 50D MA we have seen extended rallies for altcoins.
Potential Bearish Pennant in formation which generally breaks to the downside.
And most importantly the altcoin Hypes isn’t over yet. There are still mainnets to be launched, rebranding to be done, testnet to be released, Big announcements to be done.
So on the basis of all these technical and fundamental reason I think we can see an extended alt season is not OVER YET for the next 6 weeks.
If you like this idea please hit the like button to support my work.
Do not forget to follow me for more future updates on altcoins and bitcoins.
STAY SAFE
#Peace
#NANO/BTC Potential 102% Profit. Breakout+Bull FlagWelcome to this quick Update.
Let's get to the chart.
Why am I bullish on NANO?
1. Breakout of the Falling Wedge pattern.
2. Breakout of the long term (ALMOST 349 DAYS) Resistance.
3.BULL FLAG in daily.
4. Golden Cross (50D MA crossing over 200D MA)
ENTRY:
1132 TO 1155
TARGETS:
1458
1892
2156
Stop Loss: 1082
This idea is not meant to be a financial advise.
Please do your own research before investing.
Other alts which can still rally: QKC, WABI, ZEN,GRS and many more. Check my other ideas.
If you like this update feel free to leave a like and share your opinion in the comment section.
Stay safe
#PEACE
#QKC/BTC breakout within the next 72 hours?Welcome to this quick update guys.
I will keep this update very short and simple.
We entered QKC around 38 sats, price rallied to 78 sats, 105% from our entry zone!
Booked 50% and bought back around 49 to 52 sats (bigger bag) Next target is around 84 sats.
According to chart the last time price rallied it took almost 9 days to rally again. According these fractals We could expect the price to rally within the next 3 days.(OBSERVE THE FRACTALS IN THE CHART)
58 sats is a Solid support as it is also happens to be the 0.382 fib extension level.
This trade invalidates only on the break of 52 sats which is unlikely at the moment.
i AM HOLDING MY BAGS STRONG. With the POS Work support coming up on June 30 the price must rally to the upside.
If you agree please hit that like button and support my free work.
Thanks for reading please share your views and in the comment section and follow me for more future updates.
An update on BTC is coming up, truly fascinating it will be.
Stay safe
#PEACE
#BNB/BTC Ready for a decent Run? #BNB/BTC looks ready for another Run.
Why do I think so?
This is one of the coins which haven't pumped yet.
Certainly follows a channel in every trend and touches the upper resistance line of the giant falling wedge.
With many exciting news coming in binance I am bullish on BNB.
BEST ACCUMULATION RANGE: .00174 TI .001812
Targets are given in the chart please observe.
Hit that like button if. you agree and follow me for more altcoin and bitcoin updates.
#PEACE
#BTC/USD : All Questions Answered!! EXIT or HOLD ?Thanks for coming by to this update.
Before you start reading please hit that like button its free for you but precious for me. It motivates me to keep making such valuable contents for you all for free. It takes hours of research and attention.
Thanks
Let's get to the chart.
Guys firstly I need you to understand, TA is the perfect way to speculate the future price movements.
Taking trades on the basis of TA is mostly profitable.
So do not take any decision with emotions.
Some questions you must have:
1. When should we exit the Market?
2. Everybody is saying ATH this year really?
3. What if BTC plummets significantly?
I have all your questions answered.
I need to inform you that BTC is on a Critical stage. Monthly chart is bullish af.
The next 16 days (till the monthly candle ends) will be very important for BTC.
Let me make you aware of both Scenarios:
BEARISH OVERVIEW:
1. BTC has been trading under this 92 days long channel which is now broken.
2. Unless we see a BREAK BELOW 8600 which will make a new LOWER LOW will confirm the REVERSAL IN TREND the overall trend is still Bullish
3.Any daily close below 8600 will be the right time to exit the market and position yourself in USDT! We can go way lower can even touch the 5k level.
(Not a financial Investment)
4. What if it makes a lower low around 8600?
Well If it makes a lower low around 8600, it will make a lower high as well, that will be the best time to EXIT, THE FIRST LOWER HIGH!
FOLLOW ME TO KNOW EXACTLY WHEN TO EXIT IF THE TREND REVERSES!
BULLISH OVERVIEW:
1.Although BTC broke below that trendline but it might start trading under a potential Bullish Wedge for the next 16 days of the month to close above $9200 (The Brown dotted Line).
2. Maintaining that $9200 level will save us from being bearish but if somehow BTC manages to close above the $10500 Key Resistance, we will be entering a potential multi-year Bull Market.
So for those holding USDT (Sold around 10k on my call) just hold and stay aside until BTC makes a higher high above 10500.
If it manages to do so just jump in (I'll let you know the right time).
MUCH MORE INFORMATION IS GIVEN IN THE CHART, PLEASE OBSERVE.
I will update only 3 to 5 BTC updates monthly and that will be enough to know the trading territory for swing traders and scalpers.
Stop predicting the 100-200 dollar fluctuations and look at the big picture.
Do hit that like button and share your views in the comment section.
If you have any questions you can DM me directly. I try everyday to answer as many questions I can.
#Stay Safe
PEACE
#XVG/BTC 45% Profit and Riding. Final Target: 72.60%!Welcome to this quick update guys.
Some of you asked me for an update on XVG so here it is.
XVG broke out and pumped 45% already since our initial entry. The chart shows at least 70% profit to be booked.
That is my personal Target.
With the halving news on the first week of july it can easily reach those levels.
Although If you intend to ladder out (take profit) you can put your sell orders at the given targets in the chart.
If you didn’t buy it yet. You can consider buying partially at 51 52 and 53 sats.
TAREGTS will be the same as given in the chart.
Thanks for reading.
Hit the like button and share you opinion in the comments
DO not forget to follow me for daily updates on BTC and ALTCOINS.
#PEACE