Pro Analysis
Total2 (Alt Market Cap) Update:- We can see that Bitcoin did set a new ATH, and the the Total Market Cap as well did set a new ATH. Yet, the Alts Market Cap still did not. Altcoin market cap is on the resistance for the 3rd time. Probably a bit of retracement…
TOTAL2 (ALT MARKET CAP UPDATE):-
In our previous update of Total2 we clearly mentioned that Alt market cap is on resistance and we see a correction from here. After one day of that update we see a big crash in Alts. Hope you listened and save your hard earned money.
It already rejected from the resistance then what now?
Currently Alt M.cap is hovering at $1.37T and yesterday it came down all the way at $1,3T and touched the 50D MA then bounce. So right now we have a very strong support of 50D MA at around $1.3T. If we close below the 50D MA then our next support is at $1.22T.
However, Total2 is still trading inside a big ascending triangle. Sooner or later this triangle will breakout and then we see a big pumps in Alt coins.
So be ready to see a big Alt season. But remember never trade with high leverage and without stop loss.
Stay tuned and pin our channel at top.
In our previous update of Total2 we clearly mentioned that Alt market cap is on resistance and we see a correction from here. After one day of that update we see a big crash in Alts. Hope you listened and save your hard earned money.
It already rejected from the resistance then what now?
Currently Alt M.cap is hovering at $1.37T and yesterday it came down all the way at $1,3T and touched the 50D MA then bounce. So right now we have a very strong support of 50D MA at around $1.3T. If we close below the 50D MA then our next support is at $1.22T.
However, Total2 is still trading inside a big ascending triangle. Sooner or later this triangle will breakout and then we see a big pumps in Alt coins.
So be ready to see a big Alt season. But remember never trade with high leverage and without stop loss.
Stay tuned and pin our channel at top.
BTC Update:
BTC is strongly holding the 1st support level and we may possibly see a bounce coming in. Keeping a note that BTC has the resistance 1 & 2 to face to make a bullish jump towards the new high.
If BTC fails to go higher and gets rejected from the current levels then we have the 2nd support level at $55k to hold the price.
Stay tuned for more updates.
BTC is strongly holding the 1st support level and we may possibly see a bounce coming in. Keeping a note that BTC has the resistance 1 & 2 to face to make a bullish jump towards the new high.
If BTC fails to go higher and gets rejected from the current levels then we have the 2nd support level at $55k to hold the price.
Stay tuned for more updates.
Pro Analysis
BTC Update: BTC is strongly holding the 1st support level and we may possibly see a bounce coming in. Keeping a note that BTC has the resistance 1 & 2 to face to make a bullish jump towards the new high. If BTC fails to go higher and gets rejected from the…
As we expected. BTC bounced back strong breaking the 1st resistance level. Almost a 5% bounce from the support level. Let’s if it can break the 2nd resistance level and the moving averages.
Stay tuned for more exciting updates.
Stay tuned for more exciting updates.
ADA/USDT TA ANALYSIS:-
ADA is trading in a accumulation zone since many days. Currently, it is forming a ascending triangle pattern where the breakout is still pending. $2.32 is the major resistance zone for ADA. When it breaks the triangle and $2.32 resistance it can pump well.
A major support zone for ADA is at $1.8-$2 so you can start to build your position now and add more up to $1.8
ADA is trading in a accumulation zone since many days. Currently, it is forming a ascending triangle pattern where the breakout is still pending. $2.32 is the major resistance zone for ADA. When it breaks the triangle and $2.32 resistance it can pump well.
A major support zone for ADA is at $1.8-$2 so you can start to build your position now and add more up to $1.8
BTC update:
We saw a quick -6% dump on BTC from $61348 to $57653. But the way it quickly dumped, it recovered back as well leaving a long shadow behind. BTC was trying to break the 21 MA for quite some time but ultimately it got rejected.
Still, we don't need to worry a lot as BTC is still holding the support 1 (Previously resistance 1). Until and unless BTC breaks down below the 3rd support level which is between $53k to $55k, we are ok.
If at BTC continues with it's correction then $53k should be the least.
To confirm the bullish move, BTC must break above the resistance level.
Stay tuned for more updates.
We saw a quick -6% dump on BTC from $61348 to $57653. But the way it quickly dumped, it recovered back as well leaving a long shadow behind. BTC was trying to break the 21 MA for quite some time but ultimately it got rejected.
Still, we don't need to worry a lot as BTC is still holding the support 1 (Previously resistance 1). Until and unless BTC breaks down below the 3rd support level which is between $53k to $55k, we are ok.
If at BTC continues with it's correction then $53k should be the least.
To confirm the bullish move, BTC must break above the resistance level.
Stay tuned for more updates.
Pro Analysis
Important Note:- Guys never open any position with high leverage on futures. Of course we are in a bull market but whales always try to wipe out high leveraged position from the market. Suppose that you open a position of $100 with 20x leverage and if market…
$46,78M BTC longs were liquidate because of recent BTC drop. That's why we told you to not use high leverage in any of your positions.
Market update:-
BTC Update- BTC is doing well till now. Currently it is ranging between support and resistance. Resistance is at $62k and support is at $58k. So far BTC tested the support zone of $58-$60k several times. Everything is good if Btc stays above $57k. If Btc breaks $57k then it is bad for both BTC & Alts. So play safe and don't use high leverage.
Alts update:- As long as BTC is above $58k alts doing good. Also, ETH is breaking out its ATH which is a good sign for Altcoins. As you know Alts follow ETH.
BTC Update- BTC is doing well till now. Currently it is ranging between support and resistance. Resistance is at $62k and support is at $58k. So far BTC tested the support zone of $58-$60k several times. Everything is good if Btc stays above $57k. If Btc breaks $57k then it is bad for both BTC & Alts. So play safe and don't use high leverage.
Alts update:- As long as BTC is above $58k alts doing good. Also, ETH is breaking out its ATH which is a good sign for Altcoins. As you know Alts follow ETH.
BREAKING: Australia’s regulator gives green light to Bitcoin ETFs
Australia’s corporate regulator has given the green light to a range of cryptocurrency-related ETFs, which could see Bitcoin and Ethereum-backed investment funds trading on the ASX in the coming months.
https://www.smh.com.au/business/companies/asic-gives-trading-of-bitcoin-ethereum-etfs-green-light-20211029-p594ea.html
Australia’s corporate regulator has given the green light to a range of cryptocurrency-related ETFs, which could see Bitcoin and Ethereum-backed investment funds trading on the ASX in the coming months.
https://www.smh.com.au/business/companies/asic-gives-trading-of-bitcoin-ethereum-etfs-green-light-20211029-p594ea.html
The Sydney Morning Herald
ASIC gives trading of Bitcoin, Ethereum ETFs green light
The corporate regulator has released guidelines and rules which could see a range of cryptocurrency-related investment funds trading on the ASX in coming months.
Pro Analysis
Market update:- BTC Update- BTC is doing well till now. Currently it is ranging between support and resistance. Resistance is at $62k and support is at $58k. So far BTC tested the support zone of $58-$60k several times. Everything is good if Btc stays above…
BTC update:
BTC broke the $62k resistance and looks like might reach out for the new all time high. But in order to do that BTC needs to rally more that 7% from the current price.
All we need is the daily close to be above $62k to be on the bullish side.
We will update more on this so stay tuned.
BTC broke the $62k resistance and looks like might reach out for the new all time high. But in order to do that BTC needs to rally more that 7% from the current price.
All we need is the daily close to be above $62k to be on the bullish side.
We will update more on this so stay tuned.
Guys BUY FTM/USDT at CMP
Around $2.93 to $2.99
Posting chart with Target and SL in a while.
Around $2.93 to $2.99
Posting chart with Target and SL in a while.
Pro Analysis
BTC update: BTC broke the $62k resistance and looks like might reach out for the new all time high. But in order to do that BTC needs to rally more that 7% from the current price. All we need is the daily close to be above $62k to be on the bullish side.…
BTC update:
BTC daily close was above $62k which was good and currently it is retesting the dotted trendline. We can expect a bounce coming in but BTC really needs to break and stay above the resistance level. Until and unless it goes above the resistance, things will remain skeptical.
A drop will possibly bring the price back to $60k support level.
We are holding our trades with low leverage and SL.
Stay tuned for more updates.
BTC daily close was above $62k which was good and currently it is retesting the dotted trendline. We can expect a bounce coming in but BTC really needs to break and stay above the resistance level. Until and unless it goes above the resistance, things will remain skeptical.
A drop will possibly bring the price back to $60k support level.
We are holding our trades with low leverage and SL.
Stay tuned for more updates.
Bitcoin balance held on exchanges has continued to decline this week.
Balances have fallen to 2.474M BTC, returning to levels last seen in Aug 2018.
Since Feb 2020, the average rate of outflow has been 30.85k $BTC per month.
#Bullish
Balances have fallen to 2.474M BTC, returning to levels last seen in Aug 2018.
Since Feb 2020, the average rate of outflow has been 30.85k $BTC per month.
#Bullish
Don’t fall for FOMO buying tops and Panic selling bottoms like usual.
Most of the people loose their money by panic buying or selling. HODL is the best strategy.
HODL Bitcoin instead of losing your capital trading.
Market update:- There is nothing much movement in the market. Market moves in sideways. So do not sit and stare your computer sceen. Use this time to gain some knowledge.
Enjoy the weekend with your family and loved ones. If we see any opportunity then will update you.
Stay tuned and pin our channel at top.
Most of the people loose their money by panic buying or selling. HODL is the best strategy.
HODL Bitcoin instead of losing your capital trading.
Market update:- There is nothing much movement in the market. Market moves in sideways. So do not sit and stare your computer sceen. Use this time to gain some knowledge.
Enjoy the weekend with your family and loved ones. If we see any opportunity then will update you.
Stay tuned and pin our channel at top.
FIL/USDT Trade setup:
FIL looks bullish here. Expecting 10% to 15% gain.
Entry: $58.6 to $61.03
Targets:
$62.8
$64.5
$66.7
$69.1
Stop Loss: $54.36
FIL is a storage network and it is yet to rally. We are filling some FIL in spot as well for mid-term holding. It looks promising.
Accumulate the dip, use low leverage and do not trade without stop loss.
FIL looks bullish here. Expecting 10% to 15% gain.
Entry: $58.6 to $61.03
Targets:
$62.8
$64.5
$66.7
$69.1
Stop Loss: $54.36
FIL is a storage network and it is yet to rally. We are filling some FIL in spot as well for mid-term holding. It looks promising.
Accumulate the dip, use low leverage and do not trade without stop loss.
Pro Analysis
FIL/USDT Trade setup: FIL looks bullish here. Expecting 10% to 15% gain. Entry: $58.6 to $61.03 Targets: $62.8 $64.5 $66.7 $69.1 Stop Loss: $54.36 FIL is a storage network and it is yet to rally. We are filling some FIL in spot as well for mid-term holding.…
The trade setup is for FIL and not FTM. Error rectified.
BTC Update:
BTC is still struggling to break above the resistance level. Breaking this resistance is important for a bullish move. The 21 MA and 50 MA is forming bullish crossover which is a good sign.
Overall, BTC is still in good hands. BTC is above the 1st support level ($60k) which is a safe zone. Breaking below that will be critical.
Stay tuned for more updates.
BTC is still struggling to break above the resistance level. Breaking this resistance is important for a bullish move. The 21 MA and 50 MA is forming bullish crossover which is a good sign.
Overall, BTC is still in good hands. BTC is above the 1st support level ($60k) which is a safe zone. Breaking below that will be critical.
Stay tuned for more updates.
Pro Analysis
FIL/USDT Trade setup: FIL looks bullish here. Expecting 10% to 15% gain. Entry: $58.6 to $61.03 Targets: $62.8 $64.5 $66.7 $69.1 Stop Loss: $54.36 FIL is a storage network and it is yet to rally. We are filling some FIL in spot as well for mid-term holding.…
FIL/USDT UPDATE:-
Target1✅
Target2✅
Almost 8% up (without leverage) from our entry.
Enjoy the profit.
Target1✅
Target2✅
Almost 8% up (without leverage) from our entry.
Enjoy the profit.