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Ismashprofit

$BTC Analysis📍$BTC Analysis October 29, 2021 -------------------- BIAS: Mid-Term: Bullish Short-Term: Neutral -------------------- Getting near to our monthly close (which will occur in less than 72 hours), expect an increase in volatility, volume, and push from both the bulls and the bears. $67167.00 is currently acting as our strongest resistance (Current All-Time High) and $57925.00 as our most important mid-term support. We need a break either above or below the aforementioned levels in order to confirm a new significant midterm move, which is getting closer every single second Up Probability: 52% - Down: 48% ---------------------- Best Regards, iSmashProfit™
by TopGBanks
$BTC AnalysisThe price has been -9% down in a matter of days, after reaching a new mid-term lower low of $58,017 The $57930.00 - $56730.00 Decent support has been found around this area, meaning that we could build up short-term bullish momentum from here, enough for a couple of higher leverage shorter-term scalps. The most important level, for now, has become $60,638 which was just turned into resistance and should be broken to the upside in the next few days to prevent further downside. Up Probability: 42% - Down: 58% -------------------- Closely watching the market for both long and short scalping entries on higher leverage. Spot long positions should be benefited greatly by our last move, as it gives us a chance to average down on them before a stronger move. As always, stay safe brothers! -------------------- Best Regards, iSmashProfit™
by TopGBanks
ALTS MARKET CAPOur Toal Alt-Market Cap has just confirmed a higher time Frame (4H) breakout of the bull flag formation we were in the past week, at around $1.43 Trillion meaning that factoring in current BTC price action and BTC Market Dominance, we will likely see a decent consignation in it VIP EXCLUSIVE: Strongest resistance is currently at around $1.58 Trillion for Alt-Market Cap, meaning it’s the level that we’re aiming for in the next couple of weeks/months. If we manage to reach this level, we’re likely seeing a steep drop in BTC Market Dominance, which would remain between our current ranges and $68,000 - $72,000. -------------------- Best Regards, iSmashProfit™
CRYPTOCAP:TOTAL2
by TopGBanks
$BTC Dominance UpdateTimeframe: 1D -------------------- Currently, our strongest resistance for BTC Market Dominance lies at around 47% (which is also confluent with our 200 EMA on the Daily). This is a very important level to watch, as we’re expecting Dominance to remain below it in order to see the alt run we’re expecting to top off the year. A break and close below $43.42 are what we currently need to confirm a mid-term Dominance correction and further alt upside. -------------------- Best Regards, iSmashProfit™
CRYPTOCAP:BTC.D
by TopGBanks
$BTC DominanceBTC Market Dominance reaching highs not seen in August while BTC breaks its All-Time Highs. We do expect a correction in it, which will get us the alt season we've been talking about, however, it won't likely be right away, and the reason is very simple. What are we expecting from our current level? As for now, our 48.91 May/August highs remain untouched, meaning we could very likely see a liquidity tap up there (which would send BTC up to $70,000 - $72,000), before a deep correction in market dominance. The highest we see BTC Market Dominance going before a correction is $50.17, which would happen in no more than a week, and would afterward send ETH and alts flying. ------------------ Best Regards, iSmashProfit™
CRYPTOCAP:BTC.D
by TopGBanks