BTCUSDTPERP Wedge Needed to Hit $28,000Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌Despite the strong growth, I still see a rising wedge, which signals a possible medium-term correction. So far, I have the following scenario: a retest of $24,200 and a trip to the upper border of the wedge, in the same place as the seller's zone. After that, the price may drop to $22,500.
📌The $25,400 seller zone will be the key point. Breaking through and fixing above it will open the way for us to $28,000. Otherwise, Bitcoin will have to drop to the $22,500 range to reaccumulate.
What do you think about this? Write your comments and put likes👇
Dodo
BTCUSDT |Overview| Goals for next weekHello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌 The weekend has come, I think you should not expect strong volatility because there are small volumes on the weekend, you can just watch the chart. I think next week will be hot!
📌Bitcoin still failed to break through the $25,000 zone, got a rebound again, and went to a correction ($24,300-23,800)
📌 But there is good news, the asset has consolidated above $24.000 which indicates a bullish priority wrote about it next week.
📌 It is also worth paying attention to the S&P 500, the fund closed above $4200, I think from the opening of the new week we can see a slight correction and continued growth of $4.300-4.500 (Pay attention to RSI)
📌 A few words about Ethereum, they broke through the psychological level of $2000 and then got a rebound, I expect a correction to the $1900-1880 zone and continued growth of $2.500
All profitable trades and have a good weekend. Write your comments and like!
FTTUSDT |Coin Review| uplinkHello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Friends today we have FTT coin (FTX token) for parsing
There is an expectation that we will bounce from the upper borders of the channel to the support zone, I think it will not be bad to gain a position from these values.
Of course, I don’t believe so much in the breakdown of the channel, so I will erase fixing from the upper borders of the pattern, and then look at the breakdown.
ADAUDT |Coin overview| We continue to gain position.Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Friends, the last signal worked almost halfway to your profit, moved my stop to plus, I expect a breakthrough to the $0.61 zone. There is a fixation above the upper border of the triangle, also 0.618 Fibonacci
I think there is also a chance for a correction towards 0.5 Fibonacci, if we test the countertrend again, then there is a chance to rebound well.
Update Idea
BTCUSDT |Overview| Pump next week?Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
-I would like to sum up the results of the outgoing week.
-All the goals that I wrote for this week worked out exactly as planned. |BTC| |ETH| |RUNE|
-Bitcoin still failed to break through the $25,000 zone, got a rebound again, and went for a correction ($24,300-23,800)
-But there is also good news, the asset has consolidated above $24,000, which indicates a bullish priority, wrote about it next week, (here).
-You should also pay attention to the S&P 500 , the fund closed above $4200, I think from the opening of the new week we can see a slight correction and continued growth of $4.300-4.500 (Pay attention to RSI )
-A few words about Ethereum , they broke through the psychological level of $2000 and then got a rebound, I expect a correction to the $1900-1880 zone and continued growth of $2.500
- All profitable trades and have a good weekend.
OPUSDT |Coin Review| Breakout of the local countertrend!Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Let's analyze the OPUSDT coin from the side of technical analysis
The asset is now locally in a downtrend, this can be seen from the local double line countertrend, it is also price resistance.
There is a strong pursed trend line, I expect a breakdown in the short term and a removal to the 0.5 Fibonacci zone ($ 1.825)
SANDUSDT |Today's Review|Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
The last deal worked as planned, now you can roll over to long
My plan for a trade entry from the local trend line $1.2791
Stop-loss, as always, hid behind the trend line $ 1.2345
Take profit will be removed according to the situation, approximately $ 1.43
Profit to all, do not forget about your risk management!
DOGEUSDT |Coin Review| Working out another triangleHello trader A new idea arrived for you today. Like and subscribe to the channel there is a lot of useful information✅
The price of DOGE is too high for the usual triangle
I expect soon a test of the border of the template, the field of which is the breakdown of the upper border
Workout plan approximately 7 days✅
Write your comments and like.
BTCUSDT |Overview| What awaits us for the next weekHello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
💡Triangle flat top formation Rising priority.
▫️Bitcoin has tested up the border of the triangle at 4H with low volatility, which means that a strong upward movement should be expected soon. While we received a rebound, now the asset is going for a correction towards $23.600 I wrote about this above.
▫️If the price can fix above the upper border of the pattern ($24.600-25.000), we can expect the first targets for the next week at $27.000-29.000.
Also a few words about the stock market:
📌If the S&P 500 can hold the $4.200 value and consolidate above, then we will see a breakout and the Bitcoin plan will work.
(For those who don't understand (S&P 500 and Bitcoin are correlated assets, asset prices move in relation to each other)
🗯Most importantly, watch your risk management! All the best and have a good day!
ATOMUSDT |Coin Review| Back in space?Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
-Guys, the market is now cooling down a little from yesterday's news events, now there is not a big correction, but I think growth will resume again soon, and our first goal is $24,700 for #btc
-Atom showed not bad growth over the last week + 30% good result.
-If we consider the asset from the technical side, then we see a strong trend line on the chart, against which the asset bounces over and over again.
-My entry will be $11.011 The asset is now overheated, I'll wait for the correction and take a comfortable position.
-Stop-loss set below the trend line ($10.324)
-Guys, this is not financial advice, make decisions on your own, only you are responsible for your transactions!
Write your comments and like!
BTCUST |Short-term trade| There will not be a big rollback of thHello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌 Friends, against the background of the news pump, you probably managed to earn extra money, congratulations to everyone on the profit!
📌 You can start fixing your positions little by little for those who held the position or just managed to get into this btc movement
📌The rule is buy news at the bottom, sell at the top, here I am of the same opinion, I think they will roll back to the $23.000-23.300 zone
📌So be careful, I know someone likes big shoulders, don't be greedy!
BNBUSDT |Coin Overview| Time for a fix, no?Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
My last attempt at BNB ended in zero, this rocket flies without leaving a chance for short positions.
On the chart, we have approached the upper border of the rising channel, also pay attention to the "rising wedge" formation. I think the level of $340 will be decisive for the correction of BNB.
We will observe, also we should not cancel the fact that we can test $ 350, well, it’s so easy to throw a bait))
write comments and like
RUNEUSDT |Glorious review| Wanted an altraket? Hold on!Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌 Friends, I want to share with you technical analysis on #Run, I think there are options to break through the first target of $3.040
📌It will be safer to open a deal from the borders of the trend line, my entry will be from the trend line!
Write comments and like what do you think about this?👇
ADAUSDT |Overview| Flat top triangleHello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Friends on the chart, the "flat-top triangle" formation I think there is an option that the rocket will shoot up to the $0.61 zone
It is also likely that there will be a breakdown of the lower border, so I removed the stop a little further
BTCUSDT |This is a bear trap| Or fake?Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌Finally, we see a more or less adequate correction in BNB, I think there is a chance to roll back to $300!
📌For three days there was a strong dominance of bulls, the rocket flew as best it could, so they can roll back below $300
📌 Guys, I immediately say that this is not financial advice, I'm just sharing my thoughts! You are solely responsible for your transactions.
BTCUSDT |This is a bear trap| Or fake?Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌 Friends of all the good time of the day, for someone it’s the other way around, of course, against the background of a fall, well, as we know that after growth there always follows a fall, and this is normal!
📌Let's move on to technical analysis.
📌On the chart, if you stretch Fib into short, you can see how we clearly tested the level of 0.236 and bounced back, they can just give a squeeze and return to the previous values.
📌 Also pay attention to the trend line, I already gave it to you in my TA when testing it, most likely we will bounce back to $23.200-24.000 if there is a breakdown, we will fall to $20.900
📌 Before tomorrow's meeting, the market can swing in different directions and I can repeat it again tomorrow, so I advise you to be careful with margin trading!
BTCUSDT |Forecast for today| Another trap?Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
▫️Friends bitcoin is currently showing downward movement towards $23,000
▫️After yesterday's breakdown of the countertrend price, it again came to test the countertrend only from the reverse side, in this case, we can expect both a rebound by $24.700 and a dive into the retest zone of $22.500
▫️This volatility is possible in anticipation of tomorrow's results wrote about it (here). Be careful with margin trading!
Put likes and write comments!
Interesting Analytics |DeFi Sees New Growth Cycle| BTC 30000$Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
💡 Friends, I want to share with you an analytical article, I think this article will open the eyes of those who have not yet believed in a bull market in the near future.
➡️ Write your comments and put likes!
📌DeFi sees a new growth cycle; Beanstalk replanted after April feat
📌The broader market saw slight gains over the weekend. BTC briefly slipped below $23k early Friday amid unexpectedly strong employment data, but managed to hold above that support in weekend trading. At the time of writing, the largest cryptocurrency by market capitalization is well above the $23,000 support after gaining 1.7% in the last 24 hours. BTC is facing strong resistance in the $23.5K to $23.7K area.
📌Most likely, in the short term, after a complete breakthrough above this resistance zone, a steady increase will begin. Meanwhile, the downward pressure on long-term holders of BTC has eased slightly as spot prices are above the average cost basis. However, these holders continue to hold their coins with unrealized losses ranging from 11% to 61% on average.
In a similar vein, ETH is trading above the $1,700 level with a 2.4% gain over the same period.
The network's performance for the second largest cryptocurrency by market capitalization points to an emerging pattern of growing demand if the merger succeeds. The major altcoins are in the green and FLOW is leading an upward price move with a double digit percentage increase. Despite the recent explosions, the DeFi sector, especially the synthetic asset category, could see the start of a new growth cycle thanks to the recent integration of the Synthetix protocol.
Back to the future👇
The muted activity in the BTC derivatives market is likely due to market participants focusing on merger stories. However, BTC funding rates on major exchanges have fluctuated wildly, possibly in anticipation of Mt.Gox distribution in August, exacerbating market uncertainty. The ETH futures market is seeing a general discount with a three-month base rate in negative territory and backwardation in the term structure. ETH option volume has yet to return to normal despite open interest hitting a new all-time high amid the buzz around The Merge. The put/call ratio is falling to new lows, indicating big bets for a massive rally in September with a well-insured downside.
BITCOIN on TrendLine NOWWell, in the previous analysis, we mentioned the resistance areas that were incapable of failing the second resistance and are now being reformed to the PRZ range of process support and static support. If this area fails, we will have more to fall to the specified areas in the chart.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Opinion of the popular analyst Altcoin Sherpa | Bitcoin 28000$Crypto Trader Says Bitcoin Flashing Bullish Signal, Updates Ethereum, Solana and Optimism Forecasts.
Hello friends, today I want to share with you the opinion of one polar analyst Altcoin Sherpa, he shared his point of view, what will happen in the near future in the cryptocurrency market! In his opinion, in the short term, Bitcoin is intuitively perceived as $28,000. He also gave analytics for the ETH / USDT pair, ETHUSDT SOLANA and the altcoin OPUSDT. Attached Altcoin Sherp graphics for general distribution, As long as the market moves in the way that the Altcoin Sherp analyst said. Like and write your comments if you are with his opinion or not?
Let's start.
A popular analyst updates price targets for four crypto assets as markets try to end the week in positive territory.
A pseudonymous trader known as Altcoin Sherpa tells his 180,800 Twitter followers that while he expects Bitcoin (BTC) to return to $28,000 in the not-too-distant future, a brief spike above $24,500 on July 30 has not convinced him. that BTC is witnessing a strong uptrend in the short term.
“I remain of the opinion that we are heading towards $28,000 medium term, but would like to see more swings around $23,000-$22,000 to form a significant low. To be honest, the last high of $24,700 was not very convincing, but in my opinion, this is still a bullish market structure.”
The analyst believes that Bitcoin could rise if it finds a higher low in the $22,000 to $23,000 range, although he expects Ethereum (ETH) to break out before BTC.
“I would like a higher low to be set in the $22,000-23,000 area, this is still bullish on the long charts until shown otherwise.
Still looking closely at ETH, I think it's leading."
At the time of writing, Bitcoin is valued at $22,919.
Next on the radar's radar is the Solana (SOL) smart contract platform. Altcoin Sherpa says it has been sitting on the sidelines and expects further up and down movement in the $32 and $47 range.
“It seems really unclear to me, I have not taken any active positions for Solana for some time now.
A lower high is followed by a higher low, expecting an overall greater return.”
Below is an example on a Solana chart
Solana has also seen a slow decline from the market-wide rally that peaked last Saturday, although SOL has managed to climb 2.08% in the past 24 hours and change hands at $40.39.
Moving on to leading smart contract platform Ethereum, the analyst sees a bright spot for investors who have lost money against the US dollar (USD), noting that ETH looks strong against BTC.
“You may be in bad USD positions, but ETH/BTC is really strong.
Very interesting price behavior in the medium term; I think there are some arguments in favor of not holding BTC in the future.”
Below is a hello example of an ETH/BTC chart
At the time of writing, Ethereum is trading at $1,731.
The latest is Optimism (OP), a layer 2 scaling solution for Ethereum. The crypto strategist says that after the altcoin has experienced significant gains over the past few weeks, he plans to go short OP to hedge against his other more aggressive crypto investments.
"Shorting this as a hedge for my other stuff."
OPUSD Chart Example
ETHUSDT🚀 Flying to $2000 Breakdown of the mirror level!Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌 Guys, in simple words, what is a mirror level - a mirror level is a level that the instrument broke earlier, and now it bounces back to it from the other side.
💡For more than a year, the $1700 level acted as a support level, now the support is a strong resistance and it was successfully broken through, I think this is a direct road to $2000
Write your comments what do you think about this, can ETH reach $2000?
BTCUSDT |Will Inflation Results Hit the Market?| Important!Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌Capitalization of the cryptocurrency market is 1.1 trillion.
📌Bitcoin closed the weekly candle without a shadow, and immediately there was a takeaway, I think this is a bullish sign for continued growth
📌The market also reacted to the growth of the S&P 500. as we see it in a positive direction
📌However, you should not relax either. Another meeting is expected on August 10, and when the US and China release inflation data, they may affect the next round of interest rates, which will affect both the stock market and the cryptocurrency market.
📌 However, everything can change. It is likely that the decoupling may occur on August 10, when both the US and China will release inflation data. They can influence the next round of interest rate hikes, which will affect both the stock market and the cryptocurrency market.
So keep your positions on the alert, we can see both pump and dump!
BTCUSDT |This week's review| Important! Don't relax!Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
▪️The whole week will probably be bullish, well, there are a couple of nuances that are worth discussing. Let's start with technical analysis and then continue with fundamental.
▫️The asset has broken through the local countertrend and is now moving towards the first local resistance. I think if the price breaks through 0.236 Fibonacci, then most likely we will meet with $25.000-26.500
-This week, on August 10, an important event, China and the United States will release inflation data. They can affect the next round of interest rate hikes, this can affect both the stock market and the cryptocurrency market.
-At the last meeting, if you look at the chart for July 13 and 27, you can see that the market reacted in a bullish direction, can the situation repeat itself again, what do you think?
Write your comments what do you think about this?