MBM_Crypto

MBM_Crypto Updated 

Here's a quick look at the Daily BTC chart. As we can see, the zone between 29k to 30k is a critically important price range that requires close attention. It has played a pivotal role in differentiating between the bull and bear market. As soon as the price broke below this zone, the market was deemed to have entered a bear market, while staying above it...

MBM_Crypto

The market cap of Altcoins is currently facing a significant challenge in surpassing the $620 billion benchmark. However, once this level is breached, a notable surge in Altcoin activity is expected. It is worth noting that the current BTC dominance of 47% can be attributed to the fact that the majority of ALTs have broken their BTC-pair support. Consequently, if...

MBM_Crypto

Here's a quick look at the 4D Logarithmic chart for DOGE. It is evident that the price is on the verge of breaking out of the massive bull pennant to the upside. This recent upward movement can be attributed to Twitter's adoption of DOGE as their desktop logo! There is significant upside potential if the price manages to break through this massive bull pennant!...

MBM_Crypto Updated 

Here's a quick look at the daily DOGE chart. It is apparent that the price has been oscillating within a larger falling wedge pattern. As a prudent approach, it would be advisable to wait for a clear and decisive breakout above this falling wedge before entering any trades. This would ensure a higher probability of success and reduce the risks associated with...

MBM_Crypto

Here's a quick look at the daily DOGE chart. It is apparent that the price has been oscillating within a larger falling wedge pattern. As a prudent approach, it would be advisable to wait for a clear and decisive breakout above this falling wedge before entering any trades. This would ensure a higher probability of success and reduce the risks associated with...

MBM_Crypto

The Altcoin market cap is struggling to break the $620B mark. If breached, expect a surge in Altcoin activity. But remember, Altcoin performance is closely tied to BTC, so a dip in BTC price will hurt Altcoins too. Keep an eye on the $620B mark if you're looking to trade some ALTs ------------------------------------------- If you like the content, then make sure...

MBM_Crypto

Here's a quick look at the 1 hr. XRP. The idea is: Buy when the price breaks above 0.55$ and take profits at the levels shown in the chart. Targets: 1. 0.557$ 2. 0.565$ 3. 0.583$ 4. 0.596$ ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups....

MBM_Crypto Updated 

Here's a quick look at the 8 hr. BTC chart. The bearish divergence on the RSI suggests that the trend is losing momentum, and a downward move could be expected. Additionally, the low volume indicates that a substantial movement could occur at any moment. With the bearish divergence on the RSI and the low volume, it's highly likely that a move to the downside could...

MBM_Crypto Updated 

The idea is: Buy when the price breaks above 0.4551$ and take profits at the levels shown in the chart. Targets: 1. 0.46$ 2. 0.47$ 3. 0.479$ 4. 0.49$ ------------------------------------------- Key Dates to Watch in March: 30 Mar: GDP Report ------------------------------------------- If you like the content, then make sure to comment and like the...

MBM_Crypto

Here's a quick look at the BTC 4 hr . chart. As we can see, the price has formed a descending triangle, and a break, either way, will happen soon! It is important to note that there exist significant unfilled CME- and Fair value gaps situated below the current price. As a general trend, these gaps are known to be filled eventually. Thus, it would be reasonable...

MBM_Crypto Updated 

Here's a quick look at the CELR 4 hr. chart. As we can see, the price has formed a bigger cup & handle formation, which is a bullish price pattern. It all depends on BTC. BTC is close to a more significant resistance zone (28k zone), and one should be careful when trading! ------------------------------------------- The idea is: Buy when the price breaks above...

MBM_Crypto

Here's a quick look at FET 2 hr. chart. As we can see, the is currently at the apex of the triangle, and a breakout, either way, could be around the corner! The best entry would be when the price breaks above 0.375$. ------------------------------------------- The idea is: Buy when the price breaks above 0.375$ and take profits at the levels shown in the chart....

MBM_Crypto Updated 

Here's a quick look at the 8 hr BTC chart. As we can see, the price has been oscillating within the bigger broadening wedge. This kind of price action is tough to predict. The CPI data came in low at 6.0%, which pumped the whole market. With a series of lower lows and higher highs, the bulls and bears are getting rekt simultaneously! If the price stays within...

MBM_Crypto

Here's a quick look at the 12 hr. BTC chart. As observed, the price has yet to break out of the broadening wedge pattern. The oscillation of lower lows and higher highs has resulted in losses for both the bulls and bears. If the price remains within the broadening wedge, a probable move to the downside may occur, though there is always uncertainty. Additionally,...

MBM_Crypto

The idea is: Buy when the price breaks above 0.395$ and take profits at the levels shown in the chart. Targets: 1. 0.4$ 2. 0.41$ 3. 0.42$ 4. 0.4375$ 5. 0.46$ ------------------------------------------- Key Dates to Watch in March: 30 Mar: GDP Report ------------------------------------------- If you like the content, then make sure to comment and...

MBM_Crypto Updated 

Here's a quick look at the 1 hr. BTC chart. As we can see, the price is currently forming a bear flag, a bearish pattern, and a decisive move could be around the corner! We may see a push to 29k to close the CME gap. Any decision by the Federal Reserve to increase interest rates by 50 basis points would likely result in a considerable market downturn. So, it...

MBM_Crypto

Here's a quick look at the 8 hr . SHIB chart. As we can see, the price is getting closer to the trendline, and a break to the upside could be around the corner! BTC is close to a more significant resistance zone (29k zone), and one should be careful when trading! ------------------------------------------- The idea is: Buy when the price breaks above 0.0000112$...

MBM_Crypto

Here's a quick look at the total Crypto m—cap excluding BTC. It is evident that the total market cap of Altcoins is currently encountering challenges in surpassing the $620 billion threshold. In the event that the market breaches this level, a significant uptick in Altcoin activity is expected to occur. However, the performance of Altcoins is intrinsically linked...