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.
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 Profit update:
Target 1 ✅
Target 2 ✅
Target 3 ✅
Target 4 pending.
Target 1 ✅
Target 2 ✅
Target 3 ✅
Target 4 pending.
#ALICE/USDT looks very bullish
Big buying volume coming in.
Entry:- $13.78 to $14.10
Target:-
$15.22
$16.76
$17.43
SL:- $13.56
Big buying volume coming in.
Entry:- $13.78 to $14.10
Target:-
$15.22
$16.76
$17.43
SL:- $13.56
#IOST/USDT is ready for a massive rally. Look at that daily accumulation since last 8 weeks. It has been consolidating.
Entry:- $.0492 to $.0515
I will update full chart later… Start accumulating
Entry:- $.0492 to $.0515
I will update full chart later… Start accumulating
BTC Update:
We are still under the retest zone on BTC. Once again BTC dropped down to the 1st support level and currently it is below the $60k.
We expect a bounce coming in soon but only if it holds the current support level. A breakdown can go wrong dragging the price up to $58k to $57k.
A bounce on the other hand will tray to break the $62k resistance level and once we break above it, BTC will possibly test the older ATH ($64899).
Let's hope for the best.
We are still under the retest zone on BTC. Once again BTC dropped down to the 1st support level and currently it is below the $60k.
We expect a bounce coming in soon but only if it holds the current support level. A breakdown can go wrong dragging the price up to $58k to $57k.
A bounce on the other hand will tray to break the $62k resistance level and once we break above it, BTC will possibly test the older ATH ($64899).
Let's hope for the best.