$9.6 Billion Worth of BTC Left Cryptocurrency Exchanges in MarchA massive volume of BTC left centralized exchanges tracked by Glassnode in March. According to the on-chain data provided, traders and investors removed approximately 211,000 BTC from trading platforms to their private wallets or exchanged the cryptocurrency for fiat.
Exchange
Is Bitcoin Ready To Take Off?Weekly Time-frame
We are now trying to fill the long wicks to the upside. We are still inside Ichimoku Cloud. Greed and Fear index today is at #27 which is fear. Our correction today reach up to $39,400 which is our Tanken Sen Support and bounce right away to the upside. Awesome Oscillator (AO) still Bearish Saucer.
1D Time-frame
Bullish AO. We are now finding support in the Cloud at $40,767, once broken we are forming a lower high a descending triangle breakout to the downside. Bouncing Area of $39,400.
4H Time-frame
We found resistance in $41,000 once we flip it, it will be the next support as we are in the rally. once we get rejection we can expect more to the downside,. Next support is at $40,246, $39,900 top would be at $41,687 then goes down again for correction.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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BITCOIN DAILY UPDATE - BTC on important pointHello trading friends,
Depending on daily TA updates The uptrend will start from 40300+ with a time frame.
The point where we are now is an important zone - that could make a reason for the trend to entering the increased zone.
We have it about the 39200+ what could be an interesting powerline.
We have seen last time a price action what don't stay - what means it changes the time into short term - for example when there is uptrend -into short term it changed the trend also for the downtrend the same - this for 90% depending on last trends Ukraine and Russia.
Those have a long-term plan - hold to your plan with risk management.
Daily updates are more with live data - and adding about what happened at this moment into BTC.
It's good for BTC to stay above the whale setup zone. as these are an important zone between uptrend and downtrend, which could also affect the cycle trend.
We are not far from the uptrend area - but also on this point should the risk management by high, as the trend is still not confirmed for an uptrend.
Have a great day.
Give your nice like - if you like content or trading/studying the trend of BTC.
and if you want to get alerts with the next BTC updates - follow the channel - Thank you
BNB - Top-Down Analysis!Hello everyone, if you like the idea, do not forget to support with a like and follow.
WEEKLY: Right Chart
BNB is overall bullish and now approaching the lower brown trendline so we will be looking for buy setups on lower timeframes.
DAILY: Left Chart
BNB formed a valid channel in red but it is not ready to go yet.
Before we buy, we want the bulls to prove control.
Trigger => Waiting for a momentum candle close above the last high in gray to buy.
Meanwhile, until the buy is activated, BNB would be overall bearish can still trade lower inside the green support.
In this case, we will be looking for new buy setups to form.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
KCS - Trend-Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
KCS is overall bullish and now approaching a strong support zone in blue (15) so we will be looking for buy setups.
on DAILY: KCS is forming an inverse head and shoulders pattern , but it is still an idea.
Trigger => Waiting for the right shoulder to form then buy after a momentum candle close above the gray neckline.
Meanwhile, until the buy is activated, KCS would be overall bearish from a medium-term perspective and can still dive inside the support zone before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
skale network - long chart trend (skl) Breakout?Hello trading friends,
This is a small view update for the possible trend for long on SKL with the possibility of a breakout.
Know that sometimes coins increase, but after that, it goes into recovery - for this reason, the place always good sl on any study coin you have done.
Data:
SkL looks interesting and the time frame should confirm a coming time or this are only for a small-time or longer time.
It's also not a bad idea to wait on recovery trends or a re-test on further levels.
Know that fast handling and just entering the market could bring some into losing - study the trend well and take time - there is no hurry to make always directly an action.
And the market is very big 24/7 open. study your setups, and check which markets are good for you.
Trying to check the best possible time frame coins that have possibility to increase depending on more data trends.
Have a great day.
This is not a trading call - manage always your risk.
#If you like the content leave a like and follow - Thank you
Bitpanda BEST 1.0 to 2.0 Structure ComparisonBitpanda Ecosystem Token (BEST) upgraded to BEST 2.0
This analysis compares BEST 1.0 Structure with BEST 2.0 Structure and shows a potential dollar cost average zone for a reduced risk long entry.
BEST is due to so-called token burns a deflationary designed token of the Bitpanda Broker:
MAX: Initial Mint 1,000,000,000 (April 2020)
TOTAL: Down to a Total Supply of 819,397,250 (February 2022)
due to a burn of Burn 180,602,750 (February 2022)
CIRCULATING: With a current Circulating Supply of 353,119,453 (February 2022)
Do your own research: www.bitpanda.com
Register for Bonus: www.bitpanda.com
selby_exchange - BTCUSD - Selby Bitcoin Fibonacci TestSelby Bitcoin Fibonacci Test
BTC
January 16, 2022 - April 09, 2022
"Fib Test"
Custom Fibonacci Retracement Levels
Support of 1.333 or Above is Long Entry
Rejection of 1.111 or Below is Short Entry
Bull Market Continuation is Support of 3.666
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future
BNB - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
BNB is approaching a strong support in green so we will be looking for buy setups.
on H4: BNB is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, BNB would be overall bearish can still trade lower inside the green.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BKKT Extreme Volatility Option CallsBKKT is now at all time low, $3.41, after almost 3 months ago it was trading at $51.
Bakkt is oversold for the last 24 days!
But yesterday i noticed the highest out of the money calls that implied a huge volatility for BKKT: $35 strike price expiring May 20!
I haven`t seen such a 900% price difference since the GME calls 2 years ago.
This might be a great buy opportunity! if you don`t know BKKT, here are some details:
Cryptocurrency exchange Bakkt has a partnership with Mastercard to offer crypto debit and credit cards.
Bakkt has announced a separate deal with Fiserv .
Bakkt also partnered with Google to allow its users to purchase goods and services using cryptocurrencies through the Google Pay wallet.
Manasquan Bank, a NJ-based mutual community bank will be participating in its early adopter program, which will allow the bank’s retail clients to buy, sell and hold cryptocurrency through the bank’s mobile banking app.
BKKT`s Market Cap is 194Mil, basicaly a penny stock, lower than some of the most obscure crypto exchanges utility tokens.
And when you think Bakkt is owned by ICE, Intercontinental Exchange , the company who owns the New York Stock Exchange!
How high can this stock skyrocket from here?
HOOD 3.3X cheaper than the IPO priceRemember Robinhood Markets, Inc. (HOOD) trading at $85 5 months ago?
Now the price reached $11.69, which is 3.3 times lower than the IPO price.
Sitting al the all time low support now, HOOD can be a buyout for a big company la PayPal!
I see that as a great buy opportunity!
Looking forward to read your opinion about this!
selby_exchange - SOLUSD - Selby Solana Fibonacci TestSelby Solana Fibonacci Test
SOL
January 16, 2022 - April 09, 2022
"Fib Test"
Custom Fibonacci Retracement Levels
Support of 1.333 or Above is Long Entry
Rejection of 1.111 or Below is Short Entry
Bull Market Continuation is Support of 3.666
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future
selby_exchange - ETHUSD - Selby Ethereum Fibonacci TestSelby Ethereum Fibonacci Test
ETH
January 16, 2022 - April 09, 2022
"Fib Test"
Custom Fibonacci Retracement Levels
Support of 1.333 or Above is Long Entry
Rejection of 1.111 or Below is Short Entry
Bull Market Continuation is Support of 3.666
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future
KCS - Let's Go!Hello everyone, if you like the idea, do not forget to support with a like and follow.
KCS is overall bullish trading inside the brown channel.
KCS is now approaching the lower brown trendline and 15.0 horizontal support in green, so we will be looking for buy setups.
Before buy, we want the bulls to take over by breaking above the previous major high.
on DAILY: KCS is forming a trendline in blue but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated , KCS would be overall bearish from a medium-term perspective and can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Uniswap (UNI) Undervalued Will Be Back Over $20A lot of DeFi 1.0 and decentralized exchanges have been in the gutter for the past couple months and Uniswap is no exception. Uniswap has been trading below the 0.236 Fibonacci level since early December and it's only a matter of time before it starts to climb to the 0.236 Fibonacci level at $20. Uniswap is the second largest Decentralized Exchange when it comes to Total Value Locked (TVL) and has recently deployed on the Polygon (MATIC) ecosystem.
Once market sentiment moves back into greed from extreme fear I do see Uniswap ultimately reaching back to the 0.382 Fibonacci level of $25.29 which is also were the the Point of Control (POC) is at on the Visible Range Bars. A lot of price interaction with Uniswap has occurred over $20.
As of right now Uniswap is undervalued. Support Area is from $13.00 - $14.20. Much peace, love, wealth, and health.
selby_exchange - ALGOUSD - Selby Algorand Fibonacci TestSelby Algorand Fibonacci Test
ALGO
January 16, 2022 - April 09, 2022
"Fib Test"
Custom Fibonacci Retracement Levels
Support of 1.333 or Above is Long Entry
Rejection of 1.111 or Below is Short Entry
Bull Market Continuation is Support of 3.666
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future
selby_exchange - LINKUSD - Selby Chainlink Fibonacci TestSelby Chainlink Fibonacci Test
LINK
January 16, 2022 - April 09, 2022
"Fib Test"
Custom Fibonacci Retracement Levels
Support of 1.333 or Above is Long Entry
Rejection of 1.111 or Below is Short Entry
Bull Market Continuation is Support of 3.666
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future