OP LongAfter a long wait, I am currently waiting for this pair to give me my confirmation for a long position.
Price already in my area of value, just waiting for the market to tell me to get in on a Buy.
Buy bias for the coming Months.
Hello Friends!
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**First Scenario - Long:**
Initial Target: $3.3
Entry: $2.4
Stoploss: 2.2
**Second Scenario - Short:**
It's already tested at $3 in price.
Less probability of going down, but if you're shorting, double-check your stop loss.
In a general bear market, prices can drop to $1.8 or $1.6 if they go below $2.2 level.
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Take into consideration:
Holders have been rising since the start of the year.
Psychological Resistance at $4
Psychological Support at $1.8
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NFA
DYOR
Good Luck!
⚠️Caution: Just because I've set my buy and sell position Settings or drawn direction lines on my chart doesn't indicate I've opened a position or am obsessed with a particular bias. This is only a forecast; I don't trade when the price reaches my level; I have rules of engagement. Perhaps the most crucial element is 🆘RISK MANAGEMENT🆘.
Whales
Possible (roughly estimated) Wyckoff cycle on BTCUSDThis is what I think may happen with BTCUSD based on Wyckoff cycles. I haven't checked the fibs or anything, so prices may be a bit inaccurate, but basically it works like this. Note that the prices here haven't been checked at all, and at the end of the day they don't really matter aside from the fact that market-movers know people look at them and use them to try to predict the market, which is nearly impossible unless you have enough money to set the market in your favor.
The people controlling the price (whales, institutions) can set walls wherever they want. They can cause the price to either oscillate within a range, to go up, or to go down. They are counting on human emotion (FOMO/ FUD) to drive the price one way or another.
Note also that, during cycles of Accumulation or Distribution, they are still accumulating during the lows of the Distribution cycles or the highs of the Accumulation cycles. So within these cycles are cycles of a lower magnitude.
The point is, the price is going to keep going up, because the asset has a fixed supply. They can prey on human emotion and lack of market education to predict what "most people" (the fish) will do. At the same time, they hold enough to setup walls and keep the price within certain ranges, allowing them to sell at the highs of that range and buy back in at the lows of the range.
This sounds stupid, because it literally is "sell high / buy low". In this case though, it isn't really all that stupid, because they can set the high and lows by creating buy and sell walls wherever they want to. Only a more powerful whale can really break their ranges, but that's pointless because it is in their best interest to work together and take the money from people trading on the daily, hourly and even sub-hourly oscillations. After all, they aren't counting on something going "to da moon" to pay their bills. They have enough money to survive a crash, or to capitalize on a "breakout" (which is when they stop selling and keeping the price within a range).
Most of these prices will look random, which they kind of are. But it's like putting 5 metronomes on a platform with a couple of cylinders beneath it - eventually the metronomes sync up. So their goal is less to "make money on this next day" than it is to "figure out a range that works in our best interest, and keep it going for as long as the little guys keep playing ball". Once smaller-time investors (people who have to go to work or are counting on good trades to pay their bills) dry up, they simply stop holding the price down and let people continue to buy. These are the people you should be following, because ultimately, they control the price.
That's the beautiful thing about Bitcoin. Its value is not predicated upon who has the most missiles, or who is developing some groundbreaking new technology. It is only predicated upon the assumption that it works, which it does (as a means of transferring value from one individual to another in a secure manner).
Altcoins are typically people trying to "print more bitcoin" by piggybacking off of the crypto movement in general and hoping enough fish bite the hooks. There are very, very few altcoins that have any intrinsic value which Bitcoin doesn't already have. I can't even think of one right now, so if you can please let me know.
XRP Whales Hordes 74 Mil Coins: A Prelude to an Impending Rally?Recently, CRYPTOCAP:XRP , the Ripple-backed token, made waves as it witnessed a significant accumulation of 73.81 million coins from the renowned exchange, Binance.
The news rippled through the crypto community, sparking a flurry of speculation and optimism about the future trajectory of $XRP. At a time when the market is rife with uncertainty, such pronounced movements from whales serve as beacons of hope, hinting at potential bullish momentum on the horizon.
According to data from Whale Alert, four substantial transactions saw CRYPTOCAP:XRP being accumulated from Binance, amounting to a staggering $45.87 million worth of the digital asset. These transactions, orchestrated by anonymous wallets, underscore a growing confidence in CRYPTOCAP:XRP 's long-term prospects, despite the current red trading charts.
The sheer scale of these accumulations has ignited curiosity and anticipation among traders and investors worldwide. It's a testament to the resilience and underlying value perceived within the CRYPTOCAP:XRP ecosystem, even in the face of short-term price fluctuations.
However, the contrasting price action of CRYPTOCAP:XRP amidst these accumulations raises intriguing questions about market dynamics. While the CRYPTOCAP:XRP experienced a modest drop of 0.46% over the past 24 hours, bullish sentiment continues to permeate derivative markets. Data from Coinglass indicates a surge in open interest and trading volume, accompanied by a rise in the token's funding rate. These indicators suggest a growing influx of capital and heightened market activity, laying the groundwork for a potential breakout.
In the midst of this fervor, voices within the crypto community are amplifying the optimism surrounding XRP's future trajectory. Pro-XRP advocate Bill Morgan boldly predicts a new all-time high for the token in 2024, adding fuel to the bullish narrative. Meanwhile, analysts such as Egrag Crypto and Dark Defender maintain their bullish outlook, underscoring XRP's potential to surge towards the coveted $1 mark.
The accumulation of CRYPTOCAP:XRP by whales from Binance serves as a tangible expression of confidence in the asset's fundamentals and long-term viability. It's a signal to the broader market that significant players are betting on CRYPTOCAP:XRP 's resurgence, despite the prevailing market conditions.
As the crypto market continues to evolve and mature, events like these remind us of the intricate interplay between investor sentiment, market dynamics, and fundamental value. While short-term price movements may fluctuate, the underlying fundamentals of projects like CRYPTOCAP:XRP remain robust, offering a beacon of hope for those who dare to dream of a brighter future in the world of digital assets.
Whales accumulate on the timid and the weak or just inexperienceWe see this quite often in BTC, Especially at ATH levels where inexperienced speculators flood into the space dreaming of bitcoin millions but really are not believers. Whales feed, normies Bleed might be a good Alternate title.
we continue to see resistance flipped support on an ATH, heavy action to get the Chart watchers who Zoom way in and watch charts on 1 and 5 minute intervals in awe of Bitcoins ability to gain 1000 dollars in value in what amounts to a trip to the fridge. These same people also panic buy rallys and panic sell reversals.
I cannot stress enough that if you are new to crypto, have some thoughts that it is a scam, that it is not a real world asset or any other doubt, but you cannot deny that people are making money and you like money too, right?
Right? Well, If you like money, why do you give it away?
Let me guess , I know the answer I think, it's simple isn't it.
You like money and you made a mistake, what are you doing messing with this crypto business anyway, you should have trusted your initial feelings of doubt and stayed far away and you just want out, if you've lost 30% and its only been a few hours you may as well count your blessings you've even got that left, better get out fast before Bitcoin goes into the negatives and your on the street eating from the trash. Right?
Hold on, Stop that thinking, you've fallen for the okie doak and are a mark, a sucker, rube, ok ok ok , that isn't productive but now that we've established that, what now?
Cash out, sell your electronics, move to a commune and worship the water nymph queen who above all things else is the true expression of feminine purity in a world controlled by the patriarch. Listen, I don't want to slap you and have no clue what any of that means, but let me tell you something. I was once you, well, almost, but in spirit, yes.
Until I learned "How to take BTC Whales to the ground with this one trick"
Yes, and its simple, Don't sell at a loss. Just don't
BTC ON THE WAY TO 48K WITH THIS CYCLE TRENDThanks for reading this update.
BTC seems to enter an important volume where we expect that BTC have a high chance of breaking the 48K soon.
Remember. There is not way that is going directly to trend, BTC will play all possible trends to go to the goal. The trend is your friend.
44K is a key level and same time a break level for new volume which will make the trend bullish.
Our data shows us that the possibility that BTC will break is high.
BTC has been since OCT 2023 in a cycle trend that still is active.
We did expect before the breakdown of BTC with the same data to below 40K
And with the same data we did expect before the increase below 40K to 43K
The new update shows an expected 44K which still is running.
BTC plays in zones, the best way is the turtle way with following the right trend
This is not trading advice and guarantee for the trend.
THIS IS HOW BTC WHALES ARE ABLE TO BREAK BTC TO 48KThanks for reading this update.
For the day traders know that BTC can have unexpected movements and that a time frame movement means not a building trend. historical and TA shows that it's very hard to predict the right moment of increasing and breakdown trend of BTC since trends can go in different ways to the goal. The turtle way is one of the ways that BTC can be used.
That's why we follow the trend in full options With the high possibility trend with data .
Depending on our study we expect that BTC has a high chance of breaking to 48K with the volume whale trend. The Volume can start from the area of 44K. this way can go stable with different low time frame changes until BTC hits the main goal of 48K.
The monthly chart view shows interesting data between a 15-20% increase possibility for BTC for this month, and that makes this a new confirmation that BTC is starting to have.
a new volume can bring BTC powerfully to the 48K Target including.
As writing this update BTC is below 43K . We expect that there is the highest chance BTC will overclock this 42K and that BTC will get a break increase that will bring BTC to 43.8K, from there BTC will enter into an important area of volume, and a bullish trend of 44K, which could make the trend much faster to the goal main update of 48K
This is not trading advice. It's important to understand that the movement of BTC is unexpected and that following the trend one of the best ways is.
ICP will thriveICP holders had a hard time after the FTX manipulation disaster, most of them are trapped in the 30-100$ range. A lot of people sold out of frustration. It will be a choppy road but if the right catalysts kick in this coin could go way past 150$ like MSTR (MicroStrategy) did back then to 400$.
CiRUS $0.11 Finding Value while Following the Moneya gateway or WEB 3.0 play that covers almost everything to find ones preferrence
from Defi NFT etc..
WiFM whats in it for you.... it rewards you from your DATA location bowsing history sites frequented etc,
the team is solid young professional and experienced yet low key...
with the guidance of MERLiNs or senior advisors to keep them tamed on track and FOCUS
could be fliped by MarcA to Unicorn ++ to big funds by 2025 or sooner when the FED decides to halt or ease RATE hikes
🐋 Deep Dive Part II: Whale Behavior & Market Mastery! 🌊📚Hey Crypto Enthusiasts! 🚀
In a recent analysis, I not only nailed Bitcoin's (BTC) movement but also illuminated the subsequent altcoin surge, driven by insightful whale behavior observations. Let's merge these insights with a focus on ADA (Cardano), OP (Optimism), SOL (Solana), and BTC. 📊
Cardano's (ADA) Meteoric Rise 🌟
ADA's journey began with a break above a pivotal support-resistance level. My entry point at 0.256 turned into a remarkable rally, hitting 52 cents. This movement was a classic case of altcoin buoyancy following Bitcoin's pause.
Optimism (OP) and the Altcoin Breakouts 🌈
In the shadow of Bitcoin's stagnation, altcoins like OP exhibited significant breakouts, showcasing the shifting focus of market whales from Bitcoin to promising altcoins.
Bitcoin (BTC) and Whale Dynamics 📉
Bitcoin's behavior provided a crystal ball into the whale activities. As BTC approached a major resistance level, it signaled a strategic move by whales to divert funds towards altcoins, catalyzing their surge.
Solana (SOL) and Market Trends ☀️
Solana's chart also mirrored this trend, highlighting the broader market dynamics influenced by these significant players.
🔍 Insight on Whale Behavior:
My analysis delved deep into the whale behavior, highlighting how Bitcoin's rally and subsequent pause was a precursor to altcoin dominance. This strategic pause in Bitcoin's ascent was a clear signal for the whales to redistribute their focus and capital, sparking a remarkable rise in altcoins like ADA, OP, and SOL. 🔄
The Bigger Picture - Understanding Market Shifts: What this trend teaches us is the importance of reading between the lines. Whale movements often precede major market shifts, and by understanding these patterns, we position ourselves to make informed decisions. 🧠
Future Outlook: As we continue to monitor these market dynamics, it's crucial to stay vigilant. The crypto market is known for its volatility, and while the current trend favors altcoins, it's essential to be prepared for any shifts that may arise. Always keep an eye on key resistance and support levels, market sentiment, and global economic factors that could influence the next big move. 🌐
Together, let's stay ahead of the curve in this fascinating and ever-evolving world of cryptocurrency. Your insights and engagement are what make this journey exciting and rewarding!
One Love,
The FXPROFESSOR 💙
part 1:
BTC 2.0 PREDECTION From $0,10 TO NEW ATH $1.59 - 2023Thank you for taking the time to review our update. It's essential to emphasize that the following information is not intended as trading advice,
The max supply same as BTC 21M and the TA trends will make this coin able to break .
BTC 2.0 demonstrating significant changes in trading volume, representing a new cryptocurrency with inherent high-risk However, if BTC 2.0 manages to sustain a value of $0.08 or higher, there is the potential for upward momentum and a potential break on low time frame.
We expect that BTC 2.0 is able to gain from the target $0,10 to $1.59 in 2023
Our low time frame with the first TARGET $0,20 and main update.
#Nottradingadvice
#For day traders take always profits when market increase
WHAT IS THE SUCESS OF GAS-USDTThank you for reading this update.
We can learn a lot from the building coin GASUSDT, what makes this coin increase time by time, and where is this coin going. The last one Let the market show this where the coin is going.
As traders when we started studying this coin we found a lot of nuggets about how we can expect the coming a better way the volume, this coin did show how the building volume was able to increase in a short term of time.
We found out that the best success this coin had is the whale-building trend, this is going out of any TA.
The trend of this coin did show unexpected volume that is building with time, and there is still a possibility this coin can gain $20 since it is on whale volume
This is not trading advice since crypto can change with time.
see this 100% as just a view from another trader.
This coin has a high risk for day traders since it can drop more % we have seen this more times.
(until now it did recovery all the breakdowns.)
SUSHI WILL EXPLODE THE CRYPTO MARKET up $2 /HIGH VOLUMEThanks for reading this update.
Depending on our last study a new hype is about to start for SHUSHI, this study is made depending on the latest trends of this coin.
We expect to see soon a break up of $1.63 with a building trend up $2
This coin has a maximum supply and increase in holders and volume, and some interesting things are going on with this coin.
When its time, it will show unexpected whale volume.
Global Economic Recession SPX CRASHSPX is finishing a 1-2-3-4-5 wave for new highs. Whales are ready to push the stock market to new highs. This will get the majority of traders very bullish while whales exit the stock market and flip the trade. One of the worst recessions in history is in the making. Pattern: Inverse H&S
🟡 - Bitcoin Whales 11.6.2023We are witnessing an intriguing phenomenon recently, Bitcoin has slowed down since 24 so far, although it managed to rise 35,971 but fell fast despite this, As I highlighted on October 24th, considerable resistance has emerged within the $35-36,000 threshold for Bitcoin.
This is not just a coincidence. Current market dynamics, upon closer inspection, reveal that Bitcoin whales are actively applying selling pressure at this critical point. It's a strategic game, and these market drivers aren't just participants—they set the pace.
This can be a short-term pressure and does not indicate that Bitcoin will collapse or crash completely but it indicates that there is a challenge at a specific price, once everything slows down and then Bitcoin shows signs of weakening after whale pressure, this means that Bitcoin's performance is not strong enough yet in this game
Within the provided graph, I have pinpointed three critical areas of interest through Q1 and Q2 of 2023, delineated by two prominent green circles and one salient red circle(today). These circles illuminate the pivotal buying and selling actions of Bitcoin whales.
Green Circles (January to May 2023): These larger green circles underscore the zones where substantial whale purchases occurred at specific price points. Within these zones, numerous smaller blue circles are visible, courtesy of an analytic indicator that tracks whale transactions, signifying either buying or selling maneuvers. Particularly under the line, these blue small circles consistently indicate that whales have been 'buying low.'
Red Circle (Recent Weeks): Conversely, the large red circle captures the locus of recent whale selling, as marked by small red circles above the line. Each of these red circles flags an instance where whales 'sold high.' Notably, since these red markers last materialized around October 23rd, Bitcoin has exhibited a somewhat decelerated pace over the following 16 days.
Short Term Chart
Long Term Chart
This pattern prompts further inquiry into the strength and momentum of Bitcoin. I've applied additional metrics to gauge Bitcoin's vitality. While certain indicators reveal short-term weakness, from hourly to daily perspectives, Bitcoin maintains robust signals of long-term fortitude.
Forward-Looking Considerations:
It is pivotal to monitor both the short-term indicators and the long-term trajectory. Should signs of long-term weakness begin to align with the short-term trends, it could presage a potential downtrend. At present, however, the evidence suggests a moderation in momentum rather than an outright downturn.
By staying attuned to both whale behavior and a suite of analytical indicators, we can better navigate the currents of the Bitcoin market and anticipate potential shifts.
AXS VOLUME WHALE INCREASEThank you for reading our update. Please remember that this is not advice for trading.
AXS Looks to have a new uptrend volume
Can have the same effect as TRB shows before.
AXS is known from 27-07-2021 when it was able to gain from this price action to up $160
And still, there is a list of building whales that holding it.
RVN IS THE BUILDING COINRVN is the coin of the moment with building trend on day frame, this can go further on the swing trend and long term.
RVN has a building trend and can show an interesting break in the coming time frames
And same time it's the coin of the moment.
We follow always what the trend shows depending on the tools and trends we use.
RVN can shows more in the coming time.
Bitcoin's Journey to $34,300: Analyzing Recent DevelopmentsJoin us as we analyze Bitcoin's remarkable journey to $34,300. This article breaks down the recent developments that have propelled the cryptocurrency to new heights, offering a comprehensive perspective on the factors driving this impressive price point.
Crypto Whales Continue to Amass Bitcoin
In the past 24 hours, we've witnessed a surge in large crypto wallets holding 100 to 1,000 BTC, with 16 new wallets joining this league.
This increase aligns with a decline in smaller holders, hinting at a consolidation by major market participants. This movement bolsters a positive market sentiment.
However, users should temper their expectations. This shift might suggest that these key players are acquiring Bitcoin for long-term holding rather than immediate profit.