Pro Analysis
11.8K subscribers
6.6K photos
2 videos
1.16K files
2.41K links
Contact us @markhenry01

We ProAnalysis, we aim to provide a conducive learning environment so you can learn and make profit .Not financial Advise .We are not responsible for any of your bad trades.
Download Telegram
Market Update:-

BTC Update:- BTC still doing well. Last night shakeout was a buying opportunity. Hope you guys bought the dip. Right now we have a strong support at $61.8k and major support at $60k. As long as we are above these levels then no need to worry.
Also, after 12 days there is a very important event for BTC which is 'TAPROOT ACTIVATION'. Soon we will see a new ATH of BTC.

Alts update:- Alts are taking some correction yesterday. Also, USDT Dominance is at crucial point so keep and eye on it and Total Market cap is also retesting after the break out. Soon we will see a great Alt season. Be ready for it.

Stay tuned and pin our channel at top for more updates.
Google searches for "buy Bitcoin" are at the same level as November 2020 - when the price was at $19K

Bitcoin went up 3x soon after....
Ok, so here's an exclusive update on BTC price in 4 hours timeframe.

BTC lately showed some retracement which was expected and it is still above the 1st support level ($60k).
If you pay close attention to the chart then you'll notice that after BTC reached its ATH, it formed a falling wedge pattern which eventually got invalidated after a few falls. Now, currently, BTC is trying to form a rising wedge pattern and if that's the case then BTC must make a bullish move towards the $65k.
We will consider support 1 ($59k to $61k) to be a crucial support level for BTC and if BTC closes below this support then the rising wedge pattern will get invalidated and we may witness BTC dropping to the $58k support level.

We are expecting a bounce from this level keeping in mind the invalidation level. We have been informing you all to use low leverage and trade with your SL to avoid heavy losses or liquidation. We hope that you all followed our instructions.

We will keep things updated so stay tuned.
Pro Analysis
Ok, so here's an exclusive update on BTC price in 4 hours timeframe. BTC lately showed some retracement which was expected and it is still above the 1st support level ($60k). If you pay close attention to the chart then you'll notice that after BTC reached…
BTC update:

BTC is moving up in a direction we talked about in our previous update. Let's see if it can rally up breaking the resistance level.
We will stick to the update we posted before and we will surely update if there's any changes in the market.
"Trillions of dollars" will flow into Bitcoin spot ETF – MicroStrategy CEO

The U.S. market has just witnessed the launch of futures-linked Bitcoin ETFs in the market. However, there’s been an increased demand for spot Bitcoin exchange-traded funds, which directly tracks the underlying asset class, from institutional players as well as lawmakers.

Speaking at the Bloomberg Financial Innovation Summit on Thursday, November 4, Bitcoin evangelist and MicroStrategy CEO Michael Saylor said that the Bitcoin ETFs will storm the financial markets over the next three years.
BZRX had some bad rumours and escallated quickly.
Just sitting on the support. Not sure if the news is 100% genuine.
Looks like a good buying opportunity to me. So bought a decent bag on spot and longed on futures.
MACD is turning bullish.
Hammer at the bottom shows buying strength.
Bullish divergence in RSI.
Kess Risk High reward trade.

ENTRY : $0.375 to $0.388

Target : 15% to 20%
Stop Loss:- $0.3669
Pro Analysis
BTC update: BTC is moving up in a direction we talked about in our previous update. Let's see if it can rally up breaking the resistance level. We will stick to the update we posted before and we will surely update if there's any changes in the market.
BTC update:

So far, BTC is doing good and according to our TA, it must bounce and break the resistance level soon. Breaking down below the support level 1 will be critical.

Keep an eye on the support and resistance level.

We will be posting some altcoin setups so be ready.

Stay tuned.
C98/USDT Trade Setup:

C98 broke out of the triangle and currently retesting. It is expected to bounce from the accumulation level and rally 10% to 15%.

Entry: $3.85 to $3.97

Targets:

$4.07
$4.17
$4.29
$4.43

Stop Loss: $3.65

You can accumulate the dip to average your entry. Use low leverage to avoid getting liquidated.
TLM/USDT Trade setup:

TLM has been doing exceptionally good in the past giving 20% to 30% gains and it is once again ready to rally 20% up from the current price level.

Entry: $0.276 to $0.287

Targets:

$0.299
$0.301
$0.318
$0.335

SL: $0.252

Do not use high leverage, accumulate the dip, and use SL to avoid liquidation.
Pro Analysis
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…
TOTAL2(ALT M.CAP UPDATE):-

Alt market cap recently break the ATH. In our previous update we told you Alt market cap soon breaks ATH and we see a good move in Altcoins. So as you saw from last few days many good Alts pump 100-200%. Now Altcoins taking some retracement.

Alt market cap is already broke out the ascending triangle and currently retesting it. That's why we saw some retracement in alts. After this retest Alt market cap is ready to take off and Alts pump well. But also keep in mind that for the good run in Alts BTC must hold the $58-$60k level. If BTC breaks the $58k level then we see some more correction in alts.

Stay tuned and pin our channel at top.
BTC Update:

BTC bounced back from the support 1 level and currently facing the resistance. It has already tried breaking above the resistance multiple times but failed to go beyond. It looks like BTC is forming a channel between $59700 to $63300 and we expect BTC to break this channel soon.

Overall, BTC looks good and if the weekly close for BTC is above the $63k level then it would be amazing.

We still have our positions open on some coins like C98, TLM, and 1INCH. Our SL got triggered on coins like BZRX, FTM, ALICE. But we made some profits on FIL, IOST, CHR, ALGO.

We will update more on the charts so stay tuned.
90-day UTXO distribution change for Bitcoin: pink shows new "purchases"

Since October 15, BTC spent less than a month above $60k but roughly 1.35 million new Bitcoin positions were added >$60k (cost basis ~$87B USD)

In short, $60k is the new $40k, this BTC price is a gift.
If you had been in the crypto market since 2017, you will know that, when the real altseason comes (like it did in Q4 2017), literally every Altcoin would be doing what $SHIB is doing recently.

Valuation goes from "overvalued" to "absurd" across the board. We are not there yet.

Just wait for the right time and be prepare yourself for the next big Altseason.

Stay tuned and pin our channel at top.
BTC is trying to break above the resistance level. Once BTC is above the resistance ($63k) then we may possibly see BTC reaching $64300.

We have our weekly and daily close after 3 hours and it is very important for BTC to close between the $62500 to $63000 level to stay bullish.

Let's see what will be the end result of BTC after 3 hours.

Stay tuned.
Pro Analysis
BTC is trying to break above the resistance level. Once BTC is above the resistance ($63k) then we may possibly see BTC reaching $64300. We have our weekly and daily close after 3 hours and it is very important for BTC to close between the $62500 to $63000…
BTC update:

This is great! BTC went beyond our expectations. We were expecting BTC to reach the $63k level but surprisingly it broke above the previous ATH ($64850) as well. If the rally continues then reaching the recent new ATH is possible or even making a new ATH.
The daily and weekly close was above the $63k level which is good.

Now, we need to keep in mind that if BTC breaks down below the $63k level then it may turn out to be a fake out.

In case of altcoins, there isn't a lot of room to grow. Looks like traders are switching into BTC and ETH leaving the alts behind. As soon as these giants will get stable there will be a room for altcoins to rally.

We will come up with more updates so stay tuned.
Pro Analysis
XRP/USDT TA ANALYSIS:- XRP is bouncing from it's major support zone which is at $1.01-$1.08. Also, there is a 100D MA at around $1 which act as a good support. It is also forming a ascending triangle where the breakout is still pending. As soon as it breaks…
XRP/USDT UPDATE:-

XRP is moving perfectly so far according to our previous analysis. We told you to buy it around $1 and currently it's 25% up from our entry.

Now it's breaking out of the triangle. Also, an inverse head & shoulder pattern is detected in daily timeframe. So XRP can pump huge in upcoming days. Hold your position tightly and if you missed the previous entry then do not FOMO. Wait for the retest ($1.15-$1.2) and buy.

Stay tuned and pin our channel at top.
Bitcoin surpassed $TSLA in marketcap and become the 8th largest assets in the world.

$73k BTC to surpass #Silver
$95k BTC to surpass $AMZN
$132k BTC to surpass $AAPL
$615k BTC to surpass #Gold
Market Update

BTC UPDATE:- BTC made a new ATH and reached $68,500

Real Moonevember will start now. Now there is a strong resistance for BTC is at $70k. Recently BTC tested $60k multiple times and whales are accumulating more and more btc at that time. Now BTC must held the $67k zone (previous ATH) for further bullish movement.

Alts update:- Alts taking some correction because of BTC pump. As soon as BTC stables Alts starts pumping.