Trading Crypto Guide ™
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Trading Crypto Guide ™
#BTC in H4 TF trying to flip the resistance but we need to see that in Daily TF. Price forming the Bear Flag Pattern, which is a bearish continuation pattern, that can push the price lower. Price is truly bearish, so be alert with altcoins positions.
#BTC broke the Bear Flag Pattern and given a shallow break of the support too. Price can trend bearish now, so be careful to any open futures position. Wait for the further price action to develop.
Trading Crypto Guide ™
Here is the analysis of #AIXBT: There is a falling wedge pattern forming on the 4-hour chart, and it is approaching the breakout point. A candle close above $0.12 will confirm the bullish scenario, and we will open a long position after that.
#AIXBT gave a shallow break of the falling wedge pattern but the market still looks bearish. Price can move higher but bullishness will kick in after $0.12. You can have a small position and anticipate the break of the resistance level.
Trading Crypto Guide ™
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Trading Crypto Guide ™
#BITCOIN DAILY TF UPDATE : #BITCOIN on Daily TF, pushed all the way breaking the nearby support and reached the next key support zone of $111,600 - $112,000. Price perfectly rejected from there and now again at resistance and rejecting too. Price looks strong…
#BITCOIN DAILY TF UPDATE :
#BITCOIN on Daily TF, failed to flip the resistance area, and had a clean drop from there. Price broke the support area and now near to its next support zone around $106,000 - $106,450. We already warned about the market now still small drop can come, so plan the trades accordingly.
#BITCOIN on Daily TF, failed to flip the resistance area, and had a clean drop from there. Price broke the support area and now near to its next support zone around $106,000 - $106,450. We already warned about the market now still small drop can come, so plan the trades accordingly.
Trading Crypto Guide ™
#LINK ANALYSIS : #LINK had a very sharp rally in the altcoins rally, and reached the major resistance area of $26.10 - $26.80. Price looks slightly bearish at the moment. If price break the $25.00 mark then an aggressive buy can be taken along it.
#LINK started consolidation, below the resistance area and now the setup is forming, need to wait for the breakout now. Setup looks less probable, but take it once it happens.
#BTC retraced -9.2% from $124.4K high to $112.9K with weaker capital inflows indicating investor reluctance at elevated levels 📉💪. Current realized cap growth at +6%/month vs +13%/month during initial $100K breakout 📊⚡️.
Highlights significantly softer demand appetite from investors at current price levels 🔄👀💰
Highlights significantly softer demand appetite from investors at current price levels 🔄👀💰
Trading Crypto Guide ™
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Trading Crypto Guide ™
#BITCOIN DAILY TF UPDATE : #BITCOIN on Daily TF, failed to flip the resistance area, and had a clean drop from there. Price broke the support area and now near to its next support zone around $106,000 - $106,450. We already warned about the market now still…
#BITCOIN is holding the support trendline for now. However, there is still weakness in the market, and I expect the price may visit the support area.
Trading Crypto Guide ™
#DXY UPDATE : #DXY had very slow retracement through the week, Index retested the weekly level and Daily area, and dumped hard, on Friday with the Powell Speech. Now its again on the Major Support Zone.
#DXY is once again testing the major support area, and things look bearish. A break below this major support level will weaken the dollar, bringing more money into the stock and crypto markets.
Trading Crypto Guide ™
#DXY UPDATE : #DXY had very slow retracement through the week, Index retested the weekly level and Daily area, and dumped hard, on Friday with the Powell Speech. Now its again on the Major Support Zone.
#DXY is once again testing the major support area, and things look bearish. A break below this major support level will weaken the dollar, bringing more money into the stock and crypto markets.
Trading Crypto Guide ™
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Here is the analysis of #ARB:
The price is currently testing the support area, and there is a triangle pattern on lower time frames. Opening a small long position here is a good option, as a bounce is expected. A break of the trendline will lead to upward movement.
The price is currently testing the support area, and there is a triangle pattern on lower time frames. Opening a small long position here is a good option, as a bounce is expected. A break of the trendline will lead to upward movement.
Trading Crypto Guide ™
#BTC broke the Bear Flag Pattern and given a shallow break of the support too. Price can trend bearish now, so be careful to any open futures position. Wait for the further price action to develop.
#BTC continues its bearish trend and has tapped the lower support zone. I expect some sideways movement in this support area.
Trading Crypto Guide ™
#US30 UPDATE : #US30 maintained it structure and had some strong stop hunts of previous low. With the powell speech, Index had a very strong pump making new All Time High. Now it can retrace till 45,200 and 45,000 area, which could push price further higher.
#US30 moved as expected, and the price retraced to the $45,200 zone and bounced from there. Price is heading towards the all-time high and will continue to push higher.