Btc facing resistance, formed double top, showing bearish divergence and also clearly formed bearish shark pattern. Resistance area is 31500 and support levels are 28500 , 27000, 24500.
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USDT.D showing bullish sign and having clear bullish divergence which makes crypto bleed for some time.
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USDT D clearly showing bounce from them then 7.21% to 7.1% level , so we can expect alts and btc going to bleed for sometime , USDT.D have chance of retest at the level 8.90%.
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Btc clearly formed bearish shark pattern and lot of resistance facing here, Most of the miners started selling Btc and exchange inflow also increasing, All this factors supporting btc having 31500 has huge resistance zone and next support levels are 28500, 24800, 24200, 23800, 20000.
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We're close to two major resistance. Will have to wait for ETH to reject 2 of those trendline one of them is downtrend channel and another is on Daily chart. We will see if it breaks above it and continue. RSI is pretty strong at the moment but starting to curving downward. I'll be risking only about 3.50% of my position size to gain at least 6% on this trade. my...
BTC have 2 chances both side long and short, if btc cross 26600$ then we will see 30000$ level.
In case btc lost 26500 support we can expect 24800 to 23800.
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CRYPTOCAP:USDT DOMINANCE
On the H1 timeframe level the price action converted its Bullish Harmonic Bat pattern to the Bullish Harmonic Shark pattern level where the price action is currently consolidating at its Daily Horizontal S/R level marked between the 8.04% to 7.91% level
Currently, the price action on the H1 timeframe level makes out the structure of the...
btc is moving in a bullish flag. It bounced from the EMA 200 and now trying to break out the EMA's 21,55 and 89. The volume profile is showing resistance in its path.
The Breakout of the bullish flag will be the indication of an impulsive move in the market. If it rejects the EMA's then it will consolidate more in the bullish flag.
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TOTAL CRYPTO MARKET IS MOVING BELOW 1T , Next support is 850 billion and if fails another major support is 750B. Then we can see great move along with halving.
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BTC.D bullish PENNET which have chance to meet 54% of dominance which makes alts too much bleed.
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DXY chance of making first triple bottom then we can see massive move orles it will cool down.
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SP500 formed bearish shark pattern, so we can can expect 4700 to 4800 reversal.
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USDT.D will rise till 8.02% so now btc and alts will bleed again.
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USDT.D proper double bottom and bullish shark pattern also formed which makes alts and btc to bleed.
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BTC.D Formed Bullish shark and bullish divergence, which makes alts will bleed to fast.
Try to shorting ALTCOINS.
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Dont forget to follow and lik3
Eth has given breakout but from past few days I has taken many stop losses, it is good to do short from here by putting sl above liquidity
2nd entry is mentioned on chart along with takeprofit and stop loss
We can see little bit upwards , bullish shark and same time RSI bullish divergence which helps some time relief. My Target levels , 1. 27500, 2. 28500, 3. 29500.
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