Do You remember previous FUD? - "China’s central bank says all cryptocurrency-related transactions are illegal." Today another China's FUD news - this time about biggest developer in China Evergrande. "China’s Evergrande officially defaulted, DMSA prepares to file bankruptcy"
BUT after few hours Bloomberg published news: "Evergrande pays delayed interest on at least two bonds" - this was classic FUD to drop price to shakeout week hands and leveraged traders. Bull run still ongoing. Keep holding.
BUT after few hours Bloomberg published news: "Evergrande pays delayed interest on at least two bonds" - this was classic FUD to drop price to shakeout week hands and leveraged traders. Bull run still ongoing. Keep holding.
BREAKING: City of Miami will give residents a Bitcoin dividend earned from the city earning interest!
It will be paid directly into personal Bitcoin wallets.
The City of Miami will soon give out a “bitcoin yield” from the staking of its cryptocurrency to its citizens, Miami Mayor Francis Suarez announced on CoinDesk TV Thursday morning.
“We’re going to be the first city in America to give a bitcoin yield as a dividend directly to its residents,” Suarez said.
It will be paid directly into personal Bitcoin wallets.
The City of Miami will soon give out a “bitcoin yield” from the staking of its cryptocurrency to its citizens, Miami Mayor Francis Suarez announced on CoinDesk TV Thursday morning.
“We’re going to be the first city in America to give a bitcoin yield as a dividend directly to its residents,” Suarez said.
Pro Analysis
BTC update: We missed the $70k rally just by 2%. BTC just couldn't break the $68500 resistance level. After reaching $69k, BTC showed a 9% correction so far and this could go further down up to 11% which will hit the lower support level at $62k. We also have…
BTC update:
BTC is holding strong at $64500 support level and it is currently at $65k. If BTC continues to hold this support level then we are expecting a good bounce coming in very soon on BTC. We also need to pay attention to the support level at $62k.
The daily close above the $65k level will be a good sign for BTC.
Stay tuned.
BTC is holding strong at $64500 support level and it is currently at $65k. If BTC continues to hold this support level then we are expecting a good bounce coming in very soon on BTC. We also need to pay attention to the support level at $62k.
The daily close above the $65k level will be a good sign for BTC.
Stay tuned.
BTC 1 Day chart update:
We hope that the chart says it all.
There's a similar movement in bitcoin price like it happened back in Dec 2020. The wyckoff price cycle is repeating again. According to the daily chart, BTC may reach out to the $70k all time high but soon we may see a distribution in the market. The fear and greed index on the other hand shows greed in the market which indicates some major correction pending.
This chart will be invalidated if BTC makes a move towards the $100k level which is what everyone is expecting or we can say that big whales wants the noobs to expect.
We don't want to you all to get scared or panic, we just want our members to be aware of the upcoming possibility.
Remember: The market never go up all the time or vice versa. It always forms a zig-zag pattern. There are opportunities every now and then.
We will come up with more information and updates on this. Until then stay tuned.
We hope that the chart says it all.
There's a similar movement in bitcoin price like it happened back in Dec 2020. The wyckoff price cycle is repeating again. According to the daily chart, BTC may reach out to the $70k all time high but soon we may see a distribution in the market. The fear and greed index on the other hand shows greed in the market which indicates some major correction pending.
This chart will be invalidated if BTC makes a move towards the $100k level which is what everyone is expecting or we can say that big whales wants the noobs to expect.
We don't want to you all to get scared or panic, we just want our members to be aware of the upcoming possibility.
Remember: The market never go up all the time or vice versa. It always forms a zig-zag pattern. There are opportunities every now and then.
We will come up with more information and updates on this. Until then stay tuned.
𝗜𝗻𝘃𝗲𝘀𝘁 $𝟭𝗸
𝗠𝗮𝗸𝗲 $𝟭𝟬𝗸
Take Zero Profit
Sell for $500
Please don't let this happen to you.
Control your Greed & your Fear, so you can change your whole life with the extra money that is flowing into your wallet.You will never regret by taking profits. Always try to book some profits when opportunity comes.
Taking Profits is How We Build Empires!
𝗠𝗮𝗸𝗲 $𝟭𝟬𝗸
Take Zero Profit
Sell for $500
Please don't let this happen to you.
Control your Greed & your Fear, so you can change your whole life with the extra money that is flowing into your wallet.You will never regret by taking profits. Always try to book some profits when opportunity comes.
Taking Profits is How We Build Empires!
A simple chart to show how the altcoins performs for the next few months!
As you see in the chart Altcoin index perpetual is breaking out from a big cup & handle pattern and currently retesting it. After this retest we may see a massive exponential growth in the altcoins.
So be ready to make a lot of money with us.
Stay tuned and pin our channel at top.
As you see in the chart Altcoin index perpetual is breaking out from a big cup & handle pattern and currently retesting it. After this retest we may see a massive exponential growth in the altcoins.
So be ready to make a lot of money with us.
Stay tuned and pin our channel at top.
BTC Update:- BTC looks fine now. Yesterday we have seen a drop all the way to $62,300 because of spot ETF rejection news. But that news doesn't effect much. We are still in a bull market.
If BTC holds the $63k level then everything is fine but if it break and close below $63k then we might see $60k again. $60k has a very strong support and a good bounce from there is highly likely. If it happens then that is the last chance to buy BTC at $60k level.
The new Bitcoin protocol update, Taproot, gets activated this weekend. Optimizes scalability, privacy, smart contract functionality, new address type, lower transaction fees.
Also keep in mind that there could be some fuckery over the weekend. So stay cautious and do not use high leverage.
Stay tuned and pin our channel at top.
If BTC holds the $63k level then everything is fine but if it break and close below $63k then we might see $60k again. $60k has a very strong support and a good bounce from there is highly likely. If it happens then that is the last chance to buy BTC at $60k level.
The new Bitcoin protocol update, Taproot, gets activated this weekend. Optimizes scalability, privacy, smart contract functionality, new address type, lower transaction fees.
Also keep in mind that there could be some fuckery over the weekend. So stay cautious and do not use high leverage.
Stay tuned and pin our channel at top.
Ethereum Update:
From 30th September 2021, ETH has been in an uptrend forming a nice rising wedge pattern. Since then, ETH has increased 75% with a new ATH of $4868 which is quite commendable.
Current situation: ETH has been respecting both the upper and lower trendline of the R&W pattern and recently we saw a perfect bounce from the lower support which shows upward momentum. But somehow ETH is facing difficulties to break above the 50 MA.
What's next?
Things may fall apart if ETH breaks below the lower trendline ($4.5k to $4.6k). So, it must hold the levels to continue the uptrend. ETH must break above the 50 MA and 21 MA to enter the safe zone. We might also see a new ATH on ETH soon if the pattern continues.
Note: ETH drives almost all the altcoins so if ETH goes bearish, the rest of the altcoins will follow and the same for the bullish move.
We will come up with more updates so stay tuned.
From 30th September 2021, ETH has been in an uptrend forming a nice rising wedge pattern. Since then, ETH has increased 75% with a new ATH of $4868 which is quite commendable.
Current situation: ETH has been respecting both the upper and lower trendline of the R&W pattern and recently we saw a perfect bounce from the lower support which shows upward momentum. But somehow ETH is facing difficulties to break above the 50 MA.
What's next?
Things may fall apart if ETH breaks below the lower trendline ($4.5k to $4.6k). So, it must hold the levels to continue the uptrend. ETH must break above the 50 MA and 21 MA to enter the safe zone. We might also see a new ATH on ETH soon if the pattern continues.
Note: ETH drives almost all the altcoins so if ETH goes bearish, the rest of the altcoins will follow and the same for the bullish move.
We will come up with more updates so stay tuned.
Pro Analysis
#PASTAUSDT Update:- PASTA just hit $4 million Marketcap. It was just $700k when we posted first. Also the price is steadily hovering around $0.63 right now. Reasons to buy pasta:- 1. Whales accumulating. (Big wallets) Volume increasing everyday. 2. Steady…
Hello everyone, Pasta Finance pumped 50% + today. And one of our friends who’s also a famous influencer in the Crypto space caught a leak in their farms.
I am closing my full position with no profit no loss. Better to leave this and look into other coins.
Stay tuned we have many big opportunities lined up.
I am closing my full position with no profit no loss. Better to leave this and look into other coins.
Stay tuned we have many big opportunities lined up.
BTC update:
BTC is trying hard to break above the 21 MA. Once it breaks above this MA then we may possibly see BTC reaching $68k to $70k.
If BTC fails to hold the current support level and breaks below the lower trendline then we may see BTC dropping to $60k or even lower.
Key points to monitor will be:
1. The daily close above $65k.
2. BTC breaking above the 21 MA.
3. Support level at $62k to $63k.
Trade safe and stay tuned.
BTC is trying hard to break above the 21 MA. Once it breaks above this MA then we may possibly see BTC reaching $68k to $70k.
If BTC fails to hold the current support level and breaks below the lower trendline then we may see BTC dropping to $60k or even lower.
Key points to monitor will be:
1. The daily close above $65k.
2. BTC breaking above the 21 MA.
3. Support level at $62k to $63k.
Trade safe and stay tuned.
Pro Analysis
BTC update: BTC is trying hard to break above the 21 MA. Once it breaks above this MA then we may possibly see BTC reaching $68k to $70k. If BTC fails to hold the current support level and breaks below the lower trendline then we may see BTC dropping to…
BTC Update:
The daily close for BTC was around $64750 which was close to $65k. The good thing is that BTC is above the 21 MA and we can expect a good rally.
Breaking down below the 21 MA or the support level will be critical.
The daily close for BTC was around $64750 which was close to $65k. The good thing is that BTC is above the 21 MA and we can expect a good rally.
Breaking down below the 21 MA or the support level will be critical.
Quiet times are the best accumulation times for BTC and ETH
Because when it runs, it runs, and you'd have a hard time catching to it.
This is the time that whale can fill up their large bags with sufficient liquidity.
So don't be stressed out and just stack sats.
Enjoy your weekend with family and friends. If any opportunity comes we will inform you.
Stay tuned and pin our channel at top.
Because when it runs, it runs, and you'd have a hard time catching to it.
This is the time that whale can fill up their large bags with sufficient liquidity.
So don't be stressed out and just stack sats.
Enjoy your weekend with family and friends. If any opportunity comes we will inform you.
Stay tuned and pin our channel at top.
BTC is still holding the support at $64400 which is good and it must hold these levels to continue the bullish move. We might can expect a drop between $63000 to $62700 after which it must bounce back and continue its rally towards the new ATH.
Ethereum on the other hand isn't looking good. It broke below the lower trendline which looks scary. The good thing is that it is still under the support level between $4534 to $4584. To continue with the uptrend, ETH must hold these support levels and bounce back inside the lower trendline (above $4.7K).
If ETH fails to hold this level that $4385 could be the next support.
Ethereum on the other hand isn't looking good. It broke below the lower trendline which looks scary. The good thing is that it is still under the support level between $4534 to $4584. To continue with the uptrend, ETH must hold these support levels and bounce back inside the lower trendline (above $4.7K).
If ETH fails to hold this level that $4385 could be the next support.
Pro Analysis
BTC is still holding the support at $64400 which is good and it must hold these levels to continue the bullish move. We might can expect a drop between $63000 to $62700 after which it must bounce back and continue its rally towards the new ATH. Ethereum on…
BTC bounced back from the $64400 support level without dropping any further down. This move could possibly push the price to a new ATH soon.
Like we said in our previous chart, until and unless BTC breaks down below the lower supporting trendline ($62k), BTC is good to go.
Like we said in our previous chart, until and unless BTC breaks down below the lower supporting trendline ($62k), BTC is good to go.
Pro Analysis
Photo
ETH is back inside the uptrend channel which shows some positive momentum.
Could this mean a new ATH for Ethereum?
It is possible only if ETH stays above the lower trendline and the support level.
We expect a good rally on ETH keeping in mind all the odds.
Stay tuned for more updates.
Could this mean a new ATH for Ethereum?
It is possible only if ETH stays above the lower trendline and the support level.
We expect a good rally on ETH keeping in mind all the odds.
Stay tuned for more updates.
USDT DOMINANCE UPDATE:-
If you are new to USDT Dominance Index chart remember that it is inverted in relationship to Alts and BTC. If USDT goes up Alts go down, if USDT goes down Alts go up.
Currently, according to the chart USDT dominance rejected from the upper trendline of the channel and looks bearish to me. IMO after a little bounce from here dominance can go further down and then we will see a good rally in Altcoins. Also, keep in mind that if we break above the trendline then we will see a major correction in Altcoins and then you must exit from Altcoins. So keep an eye on this and trade accordingly.
You can always use this indicator for trading altcoins for the short, mid or long-term trades.
Stay tuned and pin our channel at top.
If you are new to USDT Dominance Index chart remember that it is inverted in relationship to Alts and BTC. If USDT goes up Alts go down, if USDT goes down Alts go up.
Currently, according to the chart USDT dominance rejected from the upper trendline of the channel and looks bearish to me. IMO after a little bounce from here dominance can go further down and then we will see a good rally in Altcoins. Also, keep in mind that if we break above the trendline then we will see a major correction in Altcoins and then you must exit from Altcoins. So keep an eye on this and trade accordingly.
You can always use this indicator for trading altcoins for the short, mid or long-term trades.
Stay tuned and pin our channel at top.
Pro Analysis
BTC bounced back from the $64400 support level without dropping any further down. This move could possibly push the price to a new ATH soon. Like we said in our previous chart, until and unless BTC breaks down below the lower supporting trendline ($62k),…
BTC is back to the support level and in $63600, we have 100 MA support which may help BTC to bounce back. If BTC drops below this level then $62700 to $62000 could be the next support level.
We will update further on BTC price so stay tuned.
We will update further on BTC price so stay tuned.
BTC broke down below the support level and the lower trendline.
Is this going to be bad for BTC?
Well, we have an important support at $60k level which won't be that easy to break. Currently, The dotted trendline is holding the BTC price and it must continue to do so. A breakdown will possibly drop the price to $60500 to $60700 level.
We must worry if BTC goes below the $58k.
If you are stuck in any trades then make sure you have your SL turned on.
Note: BTC is not bearish yet until it breaks below the $60k to $58k level. A bounce is imminent.
Is this going to be bad for BTC?
Well, we have an important support at $60k level which won't be that easy to break. Currently, The dotted trendline is holding the BTC price and it must continue to do so. A breakdown will possibly drop the price to $60500 to $60700 level.
We must worry if BTC goes below the $58k.
If you are stuck in any trades then make sure you have your SL turned on.
Note: BTC is not bearish yet until it breaks below the $60k to $58k level. A bounce is imminent.
Pro Analysis
BTC broke down below the support level and the lower trendline. Is this going to be bad for BTC? Well, we have an important support at $60k level which won't be that easy to break. Currently, The dotted trendline is holding the BTC price and it must continue…
BTC breaks below support of $60k and bounced from the $58,600 (50D MA). This $58k area is very important to hold for bulls perspective. Now BTC is bouncing and reached above $60k again. If BTC holds above $60k we will see some good releif in altcoins too.
No need to be panic here. This $58k-$60k support zone is very strong and imo BTC doesn't break below this level.
Trade safe and stay tuned.
No need to be panic here. This $58k-$60k support zone is very strong and imo BTC doesn't break below this level.
Trade safe and stay tuned.