$BTC #BTC Broke $21,299 with reattempt at $21,791 which resisted and held strong. 2 Attempts in last 6 days to break $21,791, 1W time-frame seems to be settling down slowly from the bearish turn. Continue watching $20,812 support which remains key for now.
Fundamental Development:- 'Brutal and unrelentingly hard': Singapore regulator's clampdown on crypto Singapore’s financial regulator and central bank has pledged to be “brutal and unrelentingly hard” on any “bad behavior” from the cryptocurrency industry.The comments come from Monetary Authority of Singapore (MAS)’s chief fintech officer Sopnendu Mohanty,...
Fundamental Development:- China warns Bitcoin is heading to zero but BoE looks on the bright side The Chinese government has capitalized on the violent downturn in the crypto market by warning crypto investors that Bitcoin prices are “heading to zero.” The South China Morning Post reported on June 22 that Chinese national news media agency Economic Daily had...
Fundamental Development:- Central Bank of Jamaica Warns About Bitcoin and Defends Its CBDC crypto winter that has evaporated most of the value of cryptocurrencies, central banks and governments from almost all over the world that have CBDCs or work on the development of state digital currency projects, are warning about the risks of using and investing in...
$BTC Given range remains in effect with $20,812 resistance holding. $19,894 showing some good support for last few hours, Last 1D candle closed with Doji could prove as confirmation to 1D bullish engulfing from 19 June. Good chance to break $20,812 here, Continue watching given resistance and support areas on the chart.
Reasons to short BTCUSDT --> 1) Downtrend's pullback, build up of bearish flag pattern 2) Multiple resistance to clear 3) bounce from resistance with no clear signs of follow up buying Reasons to long BTCUSDT --> 1) Price showed bounce from support with morning star doji in 4H timeframe if you are willing to short wait for confirmations like: --> candle close...
Last Friday Warned you about the possible drop that happened Saturday, $BTC Tested and broke $19,535 last Saturday, Given key support $17,999 tested and held. $20,812 resistance in effect with support at $19,535 currently. Last 1D close with bullish engulfing and 4H close with bearish engulfing expecting it to range $20,812-$19,003 today.
Fundamental Development:- 126% return for stock market short-sellers who smelled blood in crypto waters Short-sellers have made a killing on various sectors of the U.S. stock market this year, but no other sector "held a candle” to the block chain industry, with crypto company short-sellers profits up 126% in 2022, according new data., technology and data...
$BTC Given $19,894 support held, $19,894-$19,535 support area remains in effect here. $23,197 acting initial resistance as expected. Possible sideways range forming $19,894-$23,197. $21,299 current support. Gave your $19,894-$19,535 support area to watch over a month ago on May 10th😎.
Hello traders, Here in ETHUSD prices are now almost at it's support lvl around 800-1000 USD here we can enter for the short term entry with target of 1500-2000$. from the technical analysis it near at 200 DMA which is strong support zone for ethusd @800-1000 USD. Enter in the trade after today's fed interest rate declared at 23:30 IST. BUY ETHUSD @800-1000...
Fundamental Development:- Cryptocurrency lending firm Celsius Network will pause withdrawals and transfers between accounts due to "extreme market conditions", the company said on Monday, in the latest sign of pressure in the crypto industry.Bitcoin extended earlier declines after Celsius's announcement, falling more than 6% to as low as $24,888, an 18-month low....
Hello Traders, Hope you all are doing good!! I expect BTCUSD to go UP if it corrects here. Look for your BUY setups. *This BUY is risky and I am biased only for short term upside, if you dont know how to manage your trade, dont take the risk now and wait for it to break the last low for HPB. Please follow me and like if you agree or this idea helps you out...
BTC Buy Trade opportunity BTC Buyers are going to strengthen its ready to break out above the resistance area if the market closes above the resistance it will be very High Accuracy signals with very good risk-reward ‘Always trade with Stop Loss "
Fundamental Development:- Metaverse tokens are vastly outperforming every other crypto category in the current bearish condition, up by nearly 400% year on year.Leading the gains are Decentraland’s MANA (up 41%), The Sandbox’s SAND (up 470%), Axie Infinity’s Axie Infinity Shards (AXS) (up 511%), and Stepn’s GMT (up 746%), according to data from Kraken Intelligence...
Fundamental Development:- New York governor Kathy Hochul is yet to publicly commit to signing the controversial Proof-of-Work (PoW) crypto mining ban bill, instead noting that her team will be looking “very closely” at the proposal over the next few months.If she signs the bill into law, PoW crypto mining operations backed by fossil fuels would no longer be able...
BEL USDT Buy At CMP 0.922 Target 1.355 Stop Loss 0.704 Position Holding Period of 25 Days
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (29906.37). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Fundamental Development: - Data from Coin telegraph Markets Pro and Trading View flagged the largest cryptocurrency heading for nine weeks of downtrend in a row — the most in history. Already at a dubious record, Bitcoin’s weekly chart closes provided the backdrop to a weakness that continued to disappoint analysts over the weekend. Even stock markets, troubled by...