MicroStrategy has acquired an additional 11,931 BTC

(source)

📉 Bitcoin Daily 📈

Bitcoin shows maximum choppiness. Don't know if intraday analysis make sense here. From week timeframe point of view there is nothing to do in crypto till BTC reach bottom of the range which can be anywhere in between 58k and 61500. Everything else is intraday trading with high risk to get chopped out. Please understand me correct - I am not against intraday trading, but its impossible to post updates for it.

Anyway. I gave you idea about higher timeframe perspective. Short term we have two zones of interest - above is developing May VAL around 65200, and below is May POC and developing quarter VAL around 62400-63000. Don't try to trade in between of these levels.

Nearest liquidity pools:
above - 64910 / 65350 / 66570 / 67400
below - 62680 / 60480 / 58720 / 556850

Lines on the chart:
🔸72132 - May high
🔸71363 - March close
🔸69667 - week close
🔸68540 - week close (May)
🔸67577 - May close
🔸66653 - week close
🔸64025 - last April week close

Trend: D 🔽 W 🔼 M 🔼

🤑 F&G: 63 < 64 < 74 < 71 < 71

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@WiseAnalyze #BTC #Bitcoin #important #ta

So Dollar Index keep on following my drawing. Nearest target zone 105.4-105.7
That will be the zone capable to reject DXY back down. But no guarantees.

If things get worse we might see it above 107.6 in a couple of months.

@WiseAnalyze #DXY #ta #update

Both long setups got filled. Now all left is to pray for Ethereum ETF hype to save BTC from dying and bullish weekend 😎

Second setup drawing shows precisely 2:1 RR just for clarity. I recommend to watch the whole 4H FVG from 3542 to 3570 for signs of rejection. But start zooming in only after at least 1H or 4H candle shows weakness - that will give a chance to stay in trade in case of pump and breakout.

P.S. BTC on daily still look like shit. Unless ETH does it's magic, BTC future is under 60.2k (and the market will follow). So there is no clear bias here.

@WiseAnalyze #ETH #update

👆🏼💡 First entry was lower, but look at risk reward levels for each trade. That is why you should never pay attention to other's PNL cards 😉

First was created before Ethereum dumped, and so the distance to stop was large (-2.78%). Entry is lower, but position size is smaller, so profit of $1 per each $1 you risk starts at 3559

Second setup created today based on lower timeframe price action. Stop closer (-0.92%) and position size larger. Profit of $1 per $1 risk is at 3516

Higher entry PNL card might look less, but it actually makes more money at less % of growth. It all depends on distance to SL and position size (which depends strictly on SL alone). That is why you can make same amount of money scalping BTC 1% range (with 0.25% SL), as if you were holding some PEPE for 130% (because for shitcoin you had to use 33% SL)

That is why trades and statistics for them I see in majority of other channels mean nothing. Often misleading and fake. Some show only %, without taking SL distance as a main factor. Claim wins for trades that didn't even reach 0.5 risk reward (example) 😅 And so on.

My statistics might look not as bright, but there are some nuances:
* they are true (take trial, scan the channel history and compare with numbers - everything is transparent)
* I count as lost all trades that didn't reach at least 1:1 RR (unless I wrote to exit earlier)
* I count RR from the top of buy zone - otherwise, taken from the dips, RR results would be much higher (same as percentage of win trades)
* my stats consider only signals with clear SL and count risk reward reached by each (I give much more charts with buy zones, but not specifying stop levels, and they don't go into stats)
* missed trades don't go into stats. There are many missed "by cents"

P.S. I ain't a saint or the best trader in the world. I have good days and bad days. I make mistakes. And get fooled by market sometimes. My TA is very good, but TA is not a precise science, and so my forecasts don't always come true. Which is normal, because the whole TA is about conditions and price action, which changes all the time. And I never lie. So this trade can end up with a loss as well 💩 That is not the point )

This cycle is different. No sense in denying it. Bitcoin ETF pumped money into crypto and BTC approached halving and new ATH at the same time. And now we have Ethereum ETF narrative and possibly others. So will BTC dip I don't know, but from this month chart it seems absolutely harmless and healthy... lets say 48.3-50.8k

If no dip happens 🙏🏼 hallelujah! I don't mind. My plan remains the same in any case. I hodl till last quarter of 2025 and sell everything. After that we'll have 1-1.5 year of bear market.

@WiseAnalyze #BTC #Bitcoin #important #ta #cycles

📉 Bitcoin Daily 📈

Bitcoin short term zones of interest - above is developing May VAL around 65000, and below is May POC and developing quarter VAL around 62300-63000. Both have high chances for price visit, but we don't know in which sequence. So make sense to wait and ignore price action in between.

My feelings are that Friday close for Gold and stocks was pretty bearish, although week candles look decent. So there might be a bearish start of next week. Crypto has weekend to prepare, but without volume I doubt it will move too far. Those zones of interest are my borders of expectations for these 2 days.

P.S. Look at fear and greed index. It finally took a dip to May pre-pump values. Pre-pump.

Nearest liquidity pools:
above - 64910 / 65350 / 66570 / 67400
below - 63000 / 62400 / 60480 / 58720 / 556850

Lines on the chart:
🔸72132 - May high
🔸71363 - March close
🔸69667 - week close
🔸68540 - week close (May)
🔸67577 - May close
🔸66653 - week close
🔸64025 - last April week close

Trend: D 🔽 W 🔼 M 🔼

🤑 F&G: 53 < 63 < 64 < 74 < 71

Useful links: Alts Watchlist | Forex | Twitter | Instagram | YouTube

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@WiseAnalyze #BTC #Bitcoin #important #ta

🤖 Bot alert - #BTC cross 61500 - entering wide area of Week range bottom with last down to ~58k
Reference to post - https://www.tg-me.com/WiseAnalyze/16257
Not a signal, DYOR!

📉 Bitcoin Daily 📈

Bitcoin reached developing quarter VAL around 62300 ✅ So far looks like a free fall, but considering Dollar Index starts Monday with down-move as well, there is a good chance BTC will bounce soon. That chance doesn't deny the possibility of BTC price first reaching May VAL under 60650.

Nearest liquidity pools:
above - 63026 / 64920 / 65700 / 67500
below - 61710 / 59930 / 58720 / 56850

Lines on the chart:
🔸72132 - May high
🔸71363 - March close
🔸69667 - week close
🔸68540 - week close (May)
🔸67577 - May close
🔸66653 - week close
🔸64025 - last April week close

Trend: D 🔽 W 🔼 M 🔼

🤑 F&G: 51 < 53 < 63 < 64 < 74

Useful links: Alts Watchlist | Forex | Twitter | Instagram | YouTube

Support this channel - sign up to BingX exchange with 20% discount on fees. Trade Crypto, Forex and Commodities all in one place 🔥

@WiseAnalyze #BTC #Bitcoin #important #ta

That one played out fast. May open at 60651 crossed in a quick dump. Volume is good. Worth watching lower timeframes for reversal patterns (sign of a dead cat bounce). But keep in mind higher timeframes - till no bullish signs there bias remains bearish.

📉 Ethereum chart review 📈

Ethereum lost developing quarter VWAP. Sad moment. But that was somewhat expected. From here we may expect the following scenarios.

* Bulls buy the dip and push ETH back above February close at 3343 - surprisingly bullish that scenario might be caused by ETH ETF news or whatever. The only scenario to save market from long bearish summer

* Price continue exploring the dips. Nearest zone is in between 3262 and 3150. So the top of it already tapped. The rest for the following days.

* Continuation of previous scenario where ETH continues towards the bottom of the range at 2800-2930

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@WiseAnalyze #ETH #ta

In general I feel that for safe trading we should give market some time to lose bearish momentum and let bull whales show themselves and give confidence to the crowd. But if you are bored, this is setup for 2:1 at least. Has FA news and chart looks ok.

🛒 Taking GMT Long under 0.1594

💩 SL on 4H close below 0.148 (-7.16% - invest 7% per 0.5% capital risk)

Risk Reward levels:
R1 - 0.1709 (SL to BE)
R2 - 0.1823
R3 - 0.1937
R4 - 0.2051

@WiseAnalyze #GMT #trade

#ETHBTC chart is one of major indicators for altcoins market bias. And on week timeframe it look decent. So far its a bull flag and sooner or later it should explode towards "red" zone above around 0.06 (and that will start an altseason) 🚀

I've been buying it in several steps and pretty happy by now - average price 0.05036
Partial profit taken on that bounce and next TP is above 0.0612

@WiseAnalyze #ETH #ta

Instead of thousand words just a simple line chart for PEPE

@WiseAnalyze #PEPE #ta

GME look very attractive for a bounce. Wide gap above at 0.0095-0.0113 act like a magnet to price.

At the same time, if market will have another dip, GME should drop down to 0.0042-0.0050 area. Can be taken for new entries or DCA.

@WiseAnalyze #GME #ta