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#AVAX Ready to Skyrocket: Massive Gains Ahead!Hi everyone! Today, I'd like to highlight another top altcoin: AVAX. It has found strong support at the anchored VWAP and is currently retesting a previous high area. Recently, $AVALANCHE surged to retest the previous support level from 2021, around the $65 zone, which acted as resistance. Now, it's finding support from previous highs. The VWAP is a highly regarded indicator, often used by institutional investors. Given this, it might be an excellent time to buy AVAX, as it appears ready to soar from its current range of $20 to $22. If it retests its all-time high of $148, we could potentially see returns of up to 500% from this point.
Long
by crypto_vulture_signals
2
Bitcoin Technical Analysis - Bitcoin is trying to take some support from the zone of 67,000$ - Bitcoin on a Daily TF looks different its trying to consolidate and find a support that can stop its further drawdown - The market from a technical perspective isn't portraying much bearish/bullish bias - One catalyst can bring down/up prices more - If you are looking for entries then I would highly recommend to wait for the weekends when you see prices filling back imbalances - 63,000-65,000$ WILL BE A VERY GOOD ZONE TO ACCUMULATE ALT/ETH/BTC
BITSTAMP:BTCUSDLong
by VKtradesimbalance
3
Bitcoin Technical Analysis & Possibilities - Bitcoin has recently shown a great jump and pump because of FED Rate cut expectations - However, the ETF Inflow from Hong Kong and US Asset Managers is not stopping as well - The fundamentals of Bitcoin looks good with no bearish scenario looming over - ETH ETF approval will be a bullish catalyst for the whole market however, bitcoin might go sideways because of this reason being ETH money inflow will increase - Watch out the zones mentioned and make sure you manage risk
BITSTAMP:BTCUSDLong
by VKtradesimbalance
BTCUSD - BITCOIN AT MAKE OR BREAK LEVELS ?Symbol - BTCUSD Bitcoin has climbed higher in recent months on enthusiasm and demand generated by the nearly dozen spot bitcoin ETFs that were approved in January, as well as crypto's next 'halving' event and the prospect of Fed rate cuts this year. But Fed rate cut expectations have been dialed back significantly amid hotter-than-expected inflation prints, which means central bankers look poised to keep rates higher for longer to fight inflation. Markets are now pricing in the fact that the Fed will only cut rates two times or less this year (as of now), according to the CME FedWatch tool. BTCUSD CMP - 62,000 Bitcoin is currently trading & consolidating in a wide range of 61,000 - 72,000 levels. Currently bitcoin is trading at lower range of this channel which is around 61,000-62,000 level. 60,000 is make or break level of Bitcoin as of now. Bitcoin has to sustain above 60,000 - 61,000 for any further up move. On breakdown of these levels, We may see bitcoin coming back to 52,000 - 50,000 levels. On sustaining 60,000 - 62,000 levels and moving up, we may see Bitcoin moving up to 85,000 and even 1,00,000. For me, Sustaining and moving up/breakout scenerio is likely. So I'm taking positional long positions in BTCUSD at CMP 62,000 with SL below 60,000. Incase BTCUSD breaking below 60,000 sustaining & closing below it. I'll close my long position & then I'll look to short it with SL above 62,000.
OANDA:BTCUSD
by akshit_official
Crypto Total Market Cap Analysis- The next wave for crypto Total Marketcap is going to be huge and parabolic - It will be very important to see how the market reacts from zone and whether it can hold the level of 2.1 Trillion or not - New Highs for the total market cap is programmed anyways but its crucial to understand how the reaction will be from the current price action - Altcoins are currently sitting at a very nice zone and I still think accumulating Alts here will be very profitable and helpful - Make sure that you are accumulating good Altcoins, Bitcoin, and Ethereum in Spot.
Editors' picks
CRYPTOCAP:TOTALLong
by VKtradesimbalance
2
BTCUSD Important levelHey Family, BTCUSD make or break level, BTCUSD is at important level and Forming a ascending triangle Pattern Let's see this breakout sustain or not. Trying To Break Support Trendline, If There is a reversal From The Support Trendline. Then We can see good Upside move possible only after breakout of resistance zone. what is your view please comment it down and also boost the idea this help to motivate us for sharing more idea. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
INDEX:BTCUSD
by ChartSight
BOME MEME COIN CRYPTO SWING LONG - Bome is a new crypto theme and these meme coins work in a theme only theme new names new hype new money infusion - From meme coins, your only goal should be to maximize as much as possible and not get in love with it or keep it in your portfolio forever - Have a small allocation of 5-10% on your overall portfolio and forget it - Bome is looking good for a swing long you can watch this base out and think about adding this as a positional or swing long - Keep your risk as low as possible and do not breach your risk on the trade
Long
by VKtradesimbalance
An Analysis of Bitcoin: Unveiling the Macroscopic TrendsIn the vast landscape of financial markets, Bitcoin stands as a beacon of innovation and volatility. Its journey from obscurity to mainstream recognition has been nothing short of remarkable, captivating the attention of investors, speculators, and analysts alike. Delving into the depths of its price action, we embark on an analysis that transcends the minutiae of daily fluctuations, focusing instead on the broader canvas of macroscopic trends. Bitcoin, the pioneering cryptocurrency, operates within a decentralized framework, free from the shackles of traditional financial institutions. This inherent autonomy infuses Bitcoin with a unique character, prone to wild swings and meteoric rises. Understanding its movements demands a blend of technical prowess, market sentiment analysis, and a keen eye for broader economic trends. At the heart of our analysis lies the examination of larger time frames, where the ebbs and flows of Bitcoin's price action reveal profound insights. Zooming out from the noise of hourly or daily charts, we discern the formation of significant patterns and trends that span weeks, months, or even years. Employing technical analysis tools such as moving averages, trend lines, and Fibonacci retracements, we chart the trajectory of Bitcoin's price movements. Through this lens, we identify key support and resistance levels that serve as pillars in the edifice of price discovery. These levels, when breached, often herald significant shifts in market sentiment, triggering cascading effects across the cryptocurrency landscape. Accompanying our technical analysis is a thorough examination of fundamental factors that influence Bitcoin's valuation. From regulatory developments and institutional adoption to macroeconomic trends and geopolitical tensions, a multitude of variables can sway the market sentiment towards or against Bitcoin. Crucially, risk management remains paramount in any analysis of Bitcoin or indeed any financial instrument. While the allure of potential gains may be enticing, prudent investors always consider the downside. Setting stop-loss orders and defining clear profit targets mitigate the inherent risks associated with trading or investing in Bitcoin. It is imperative to recognize that this analysis serves as a guide rather than a guarantee. The dynamic nature of financial markets ensures that no prediction is infallible. Therefore, it is prudent to consult with a qualified financial advisor before embarking on any trading or investment strategy. In conclusion, the analysis of Bitcoin in the larger time frame unveils a tapestry of trends and patterns that shape its trajectory. By blending technical analysis with an understanding of fundamental drivers and a disciplined approach to risk management, investors can navigate the tumultuous waters of cryptocurrency markets with greater confidence. However, prudent caution and professional guidance are indispensable companions on this journey of discovery.
by Sanil1912