what just happened in market btc broke the main support now we will have to see a bounce back from below supports where we also have our trendline support
the btc can bounce from here or else it go down to lower areas marked in red
be safe hope you had placed sl we expected such bad moment in btc but it was quick
no worries stay away from market dont open new position until we see a good volume pump in lower areas
Btc!
Falling market could be apportunitywait for confirmation at important level atleast in 4hr and 1D timefram, take trade accordingly. Provided that, also go through long short ratio, cuz Whales always tries to liquidate retailers by taking opposite trade,
... suggest commodity/crypto for analysis, in comment
what now?btc breakout downwards from symmetrical triangle changing the whole market sentiments
there are two possibilities now if that occurs we can again see btc in green if not btc can go down to lower supports
considering the market cap it is near its last support if it bounce back the market will green back
btc dominance is falling hence some random alt are pumping example (GMT)
but with current news where terra bought more btc
we would expect a pump since there knowledge would be high ofcrs than from us they would have expected this is only dip
so why not we too accumulate
can place a long position at 44400 nice support (enter with tight trailing Sl)
happy trading bye!
MDX Looks good to pumpCOIN NAME: MDX
PAIR-USDT
EXCHANGE : ANY
Buy: 0.2336to 0.22450
T1- 0.2808
T2- 0.3055
T3- 0.3482
SL- 0.2030
Targets depend on BTC movement, Never forget that the Crypto market will change according to the BTC . SL must be required for this MDX coin.
Note: I'm not a financial advisor. This analysis is for an Idea and a view. Crypto is the biggest profitable trading business, and without stop loss and emotional control, no one cannot win in this game.
If you like my analysis please encourage me with your likes and comments, Do you need any coin analysis then message me, I will do it for you.
ILA (INFINITE LAUNCH) Be ready COIN NAME: ILA
PAIR-USDT
EXCHANGE : KUCOIN
Buy: Market
T1- 0.0334
T2- 0.0422
T3- 0.0566
T4- 0.0644
SL - 0.0207 or HOLD and buy-in Dips
Fundamentals are not that much strong right now but still trading volume and its activity is very good.
Targets depend on BTC movement, Never forget that the Crypto market will change according to the BTC . Keep SL if you don't want to hold but not required for the Spot trading if you want to buy in Dips.
Note: I'm not a financial advisor. This analysis is for an Idea and a view. Crypto is the biggest profitable trading business, and without stop loss and emotional control, no one cannot win in this game.
If you like my analysis please encourage me with your likes and comments, Do you need any coin analysis then message me, I will do it for you.
BTC/JPY - weekly Analytics + Altcoins 04.04.2022At the moment key events are taking place, in case of further price consolidation at the current levels, chances for the continuation of the current growing trend will increase significantly, the key resistance level is 5911072 (its test took place on April 3, 2022). Impulses formed from the upcoming consolidation will be an additional confirmation of the idea of the long-term upward movement.
Altcoins:
Among altcoins, we single out ETHEREUM and TRX as the most promising projects, which can grow by times.
BTC/USD - weekly Analytics + Altcoins 04.04.2022At the moment key events are taking place, in case of further price consolidation at the current levels, chances for the continuation of the current growing trend will increase significantly, the key resistance level is 5911072 (its test took place on April 3, 2022). Impulses formed from the upcoming consolidation will be an additional confirmation of the idea of the long-term upward movement.
Altcoins:
Among altcoins, we single out ETHEREUM and TRX as the most promising projects, which can grow by times.
BTC/USD - Weekly OverviewOn the 1D-candlestick timeframe, BTC continues to face resistance at $47.3K. On the Fibonacci retracement level, the resistance is placed at the 0.382FIB level.
The price level hints for a possible consolidation range looking to form between $44K to $48K. A breakout from the upper range of $48K can be positive signal for hitting the potential target placed at 0.5FIB level. On the other side, if the price level faces a negative breakout below $44K, the support is placed at 0.236FIB level.
However, the price level is still able to maintain sustainability above EMA-200 which is a positive sign
In case of further upside, the potential target can be set at 0.5FIB level which is placed at around $51K
EMA-20 is also looking in the potential to have a positive crossover against EMA-200 which could result in an increase in volatility for the world’s largest cryptocurrency
GLMR is BullishCOIN NAME: GLMR
PAIR-USDT
EXCHANGE : ANY
STRENGTH:
Weekly Stochastic will cross soon
Coin gecko Rank: 146
Good Mark Cap
Trading in 24 Exchanges
Buy: 2.7450 to 2.8050
T1- 2.9616
T2- 3.1895
T3- 3.4691
T4- 4.5180
SL - 2.23 or HOLD
Targets depend on BTC movement, Never forget that the Crypto market will change according to the BTC . Keep SL if you don't want to hold but not required for the Spot trading if you want to buy in Dips.
Note: I'm not a financial advisor. This analysis is for an Idea and a view. Crypto is the biggest profitable trading business, and without stop loss and emotional control, no one cannot win in this game.
If you like my analysis please encourage me with your likes and comments, Do you need any coin analysis then message me, I will do it for you.
BTC/JPY - weekly Analytics + Altcoins 28.03.2022Bitcoin continues its recovery and is above the key resistance of 5125726 (we mentioned in our previous review), which increases the probability of the growing trend continuation, locally I would like to see a correction in the form of a price trading - this will give additional confirmation of the future ascending of quotations and entry points for buying with a controlled risk level.
Altcoins:
Among altcoins, we single out ETHEREUM and TRX as the most promising projects, which may grow several times.
BTC/USD - weekly Analytics + Altcoins 28.03.2022Bitcoin continues its recovery and is above the key resistance of 45,500 (we mentioned in our previous review), which increases the probability of the growing trend continuation, locally I would like to see a correction in the form of a price trading - this will give additional confirmation of the future ascending of quotations and entry points for buying with a controlled risk level.
Altcoins:
Among altcoins, we single out ETHEREUM and TRX as the most promising projects, which may grow several times.
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (46542.43).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 79.
Take Profits:
TP1= @ 47596.07
TP2= @ 48654.08
TP3= @ 49497.94
TP4= @ 50140.78
TP5= @ 51311.16
SL= Break below S2
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#btc analysis with some news for expiry of this monthHere’s why Bitcoin bulls will defend $42K ahead of Friday’s $3.3B BTC options expiry
1. Between $39,000 and $42,000: 6,300 calls vs. 6,300 puts. The net result is balanced between the call (bull) and put (bear) instruments.
2. Between $42,000 and $44,000: 8,700 calls vs. 4,600 puts. The net result favors bulls by $175 million.
3. Between $44,000 and $45,000: 10,600 calls vs. 4,300 puts. Bulls boost their gains to $280 million.
This time, m personally watching the #btc expiry
ACOINUSDT (ALCHEMY) can give a little profit.COIN NAME: ACOIN
PAIR-USDT
EXCHANGE : KUCOIN
Buy: 0.2282to 0.2355
T1- 0.3310
T2- 0.4056
T3- 0.5286
No SL
Targets depend on BTC movement, Never forget that the Crypto market will change according to the BTC . SL must but not required for the Spot trading if you want to buy in Dips.
Note: I'm not a financial advisor. This analysis is for an Idea and a view. Crypto is the biggest profitable trading business, and without stop loss and emotional control, no one cannot win in this game.
If you like my analysis please encourage me with your likes and comments, Do you need any coin analysis then message me, I will do it for you.