Pro Analysis
TOTAL M.CAP UPDATE:- TOTAL MARKET CAP is following our scenario1 and pumped almost 12% since our last update. Now Total M.cap is facing some resistance here at $1.02T level once we break and close above this resistance level then whole market starts pumping…
TOTAL MARKET CAP UPDATE:- Total Market Cap perfectly following the line of our scenario1 so far. In previous update we told you that it is facing some resistance around $1.03T and now it breaks this resistance and currently retesting it. After this retest expecting a good pump in the overall market. All we need to hold this $1.03T level otherwise we might see more dump.
Also, there is weekend so we expect some volatility in the market so stay light with your positions and don't trade without stop loss.
Stay tuned and pin our channel at top.
Also, there is weekend so we expect some volatility in the market so stay light with your positions and don't trade without stop loss.
Stay tuned and pin our channel at top.
Bitcoin update in daily timeframe:
Here's a quick analysis of BTC's current price movement. BTC in the daily timeframe has already broken out of the trendline almost 8 days ago. It got rejected from the $45k resistance level which we have already mentioned on our 4 hours chart.
According to the daily chart, BTC is at the retest zone and currently, the $42k support level and the 50 daily MA is holding good support for BTC. Looking into this longer time frame, we can expect a bounce on BTC. All we need is a close above the $45k resistance level to rally higher and a stronghold at the current support level cause if BTC breaks down below this support then we can end up landing into the $38k level.
Note: The higher timeframe charts are different from the shorter timeframe charts. The long and short perspectives can vary when we compare them side by side.
Here's a quick analysis of BTC's current price movement. BTC in the daily timeframe has already broken out of the trendline almost 8 days ago. It got rejected from the $45k resistance level which we have already mentioned on our 4 hours chart.
According to the daily chart, BTC is at the retest zone and currently, the $42k support level and the 50 daily MA is holding good support for BTC. Looking into this longer time frame, we can expect a bounce on BTC. All we need is a close above the $45k resistance level to rally higher and a stronghold at the current support level cause if BTC breaks down below this support then we can end up landing into the $38k level.
Note: The higher timeframe charts are different from the shorter timeframe charts. The long and short perspectives can vary when we compare them side by side.
Total Market Cap (Excluding BTC) update:
Hello members, here we have an exclusive update on the total market cap in 6 hours timeframe. This chart will define where the altcoins will be heading next.
As we already know that the total market cap already broke out of the trendline shown in the chart and currently it is at the retest phase. If we look into it as per the chart pattern then the total 2 must bounce from here but things won't be that easy. The market needs huge volume to drive this rally higher. We already have a heavy resistance at $1.124 Trillion and in the past, this is the level that has acted as strong support for the total 2 but now it is acting as a resistance.
Here are the key points that we need to observe.
1. The total 2 must hold $1.022 T to $1.033T support level. Breaking below this will be a risky game for the altcoins.
2. The total 2 must break through the $1.124 T resistance which will eventually bring a significant rally in the major altcoins.
3. Wait for the weekend close.
Hello members, here we have an exclusive update on the total market cap in 6 hours timeframe. This chart will define where the altcoins will be heading next.
As we already know that the total market cap already broke out of the trendline shown in the chart and currently it is at the retest phase. If we look into it as per the chart pattern then the total 2 must bounce from here but things won't be that easy. The market needs huge volume to drive this rally higher. We already have a heavy resistance at $1.124 Trillion and in the past, this is the level that has acted as strong support for the total 2 but now it is acting as a resistance.
Here are the key points that we need to observe.
1. The total 2 must hold $1.022 T to $1.033T support level. Breaking below this will be a risky game for the altcoins.
2. The total 2 must break through the $1.124 T resistance which will eventually bring a significant rally in the major altcoins.
3. Wait for the weekend close.
Pro Analysis
BNB/USD Update: BNB broke below the support level and it is currently heading towards the lower trendline which is also a support line for BNB. If the drop continues then $380 could be a possible range from where BNB can bounce back and then we can long…
BNB is dropping as expected. The lower trendline is at around $380. BNB must bounce back from this lower trendline.
Let's keep our eyes open on this one. Weekly close not far away.
Stay tuned.
Let's keep our eyes open on this one. Weekly close not far away.
Stay tuned.
XRP/USDT UPDATE:- Hello everyone, welcome to this XRP/USDT TA Update. XRP is trading inside a channel in 2-days time frame. Currently, it is hovering near an important support zone(green level). Also, there is a 21 MA support. So IMO XRP should bounce after hitting this support zone. So if you want to buy then place your bids around $0.70-$0.75 and put an SL around $0.66
Stay tuned and pin our channel at top.
Stay tuned and pin our channel at top.
Pro Analysis
Total Market Cap (Excluding BTC) update: Hello members, here we have an exclusive update on the total market cap in 6 hours timeframe. This chart will define where the altcoins will be heading next. As we already know that the total market cap already…
Total Market Cap update:
Like we said in our previous update, $1.022T to $1.033T holds very important support for the Total 2 and you can see how perfectly it is bouncing back from the support level.
We cannot consider this as a bullish move yet unless the total 2 break above the $1.124 T resistance level. If the total 2 bounce back from this level then we may see a good rally in the altcoins.
So, hold on tight cause anything is possible.
Stay tuned.
Like we said in our previous update, $1.022T to $1.033T holds very important support for the Total 2 and you can see how perfectly it is bouncing back from the support level.
We cannot consider this as a bullish move yet unless the total 2 break above the $1.124 T resistance level. If the total 2 bounce back from this level then we may see a good rally in the altcoins.
So, hold on tight cause anything is possible.
Stay tuned.
Pro Analysis
Bitcoin update in daily timeframe: Here's a quick analysis of BTC's current price movement. BTC in the daily timeframe has already broken out of the trendline almost 8 days ago. It got rejected from the $45k resistance level which we have already mentioned…
BTC Daily update:
BTC is daily TF looks great. So far the 50 D MA has successfully held support for BTC. The moving averages are showing a bullish crossover move to happen soon. All this indicates a bullish move to happen soon on BTC but the final confirmation will be after the $45k resistance breaks out. Once BTC successfully breaks through this level then we can expect higher rallies up to $50k or even higher.
For now, BTC is still under the resistance level.
Stay tuned for more updates.
BTC is daily TF looks great. So far the 50 D MA has successfully held support for BTC. The moving averages are showing a bullish crossover move to happen soon. All this indicates a bullish move to happen soon on BTC but the final confirmation will be after the $45k resistance breaks out. Once BTC successfully breaks through this level then we can expect higher rallies up to $50k or even higher.
For now, BTC is still under the resistance level.
Stay tuned for more updates.
TRX/USDT DAILY TECHNCIAL ANALYSIS:- TRX is looks good in daily time frame. It holds an important support level of $0.62 and bouncing from there. It's also trading above 21D ma.
As you see in the chart, it's making an ascending triangle pattern and trying to breaking out. If it breaks out from the triangle then it will pump good. So wait for the breakout and try to buy at the retest.
If it did not breaks the triangle and gets rejected then you can put your bids at those two support levels which are at $0.62 and $0.5
Supports:- $0.62/$0.5
Resistances:- $0.71/$0.83/$0.10
As you see in the chart, it's making an ascending triangle pattern and trying to breaking out. If it breaks out from the triangle then it will pump good. So wait for the breakout and try to buy at the retest.
If it did not breaks the triangle and gets rejected then you can put your bids at those two support levels which are at $0.62 and $0.5
Supports:- $0.62/$0.5
Resistances:- $0.71/$0.83/$0.10
Warren Buffet in 2018: Bitcoin is "rat poison squared”
Warren Buffet in 2022: Quietly investing in companies with bitcoin exposure
Warren Buffett Invests $1 Billion in Bitcoin-Enabled Neobank, Ditches Visa and Mastercard Stocks
Warren Buffett’s Berkshire Hathaway has sold some of its Visa and Mastercard holdings and increased its exposure to Nubank, Brazil’s largest fintech bank, also popular among Bitcoin investors in the country.
#Bitcoinisthefuture
Warren Buffet in 2022: Quietly investing in companies with bitcoin exposure
Warren Buffett Invests $1 Billion in Bitcoin-Enabled Neobank, Ditches Visa and Mastercard Stocks
Warren Buffett’s Berkshire Hathaway has sold some of its Visa and Mastercard holdings and increased its exposure to Nubank, Brazil’s largest fintech bank, also popular among Bitcoin investors in the country.
#Bitcoinisthefuture
BTC update in 2 hours timeframe:
BTC is doing well here. It is at the resistance and trying to break through it. RSI shows some good momentum in a lower timeframe. Once BTC breaks through this resistance then we can expect a move towards $46k to $47k. A rejection will drop the price to $42k support level.
BTC is doing well here. It is at the resistance and trying to break through it. RSI shows some good momentum in a lower timeframe. Once BTC breaks through this resistance then we can expect a move towards $46k to $47k. A rejection will drop the price to $42k support level.
BTC update in daily timeframe:
BTC failed to break through the $45k resistance level. A -10% drop within the last 48 hours doesn't look good. The market looks negative but before we jump to any conclusion, let’s have a quick analysis of the current scenario and what could possibly happen.
Current Scenario: BTC is currently retesting and it may possibly reach the support level of $36k to $39k.
Possible upcoming scenario: Most likely BTC should bounce from the highlighted support level drawn in the chart.
We know that this retest is heavy in a shorter timeframe but a bounce after this retest will possibly be huge.
All we need is BTC to sustain and hold the support level cause breaking down below this support will be critical for BTC and the entire market.
BTC failed to break through the $45k resistance level. A -10% drop within the last 48 hours doesn't look good. The market looks negative but before we jump to any conclusion, let’s have a quick analysis of the current scenario and what could possibly happen.
Current Scenario: BTC is currently retesting and it may possibly reach the support level of $36k to $39k.
Possible upcoming scenario: Most likely BTC should bounce from the highlighted support level drawn in the chart.
We know that this retest is heavy in a shorter timeframe but a bounce after this retest will possibly be huge.
All we need is BTC to sustain and hold the support level cause breaking down below this support will be critical for BTC and the entire market.
BNB Update:
BNB is back to the support level as well as the power trendline. A bounce can be expected from this level but let's not forget the rejection level. If BNB gets rejected from the $390 support level then can possibly reach $360 again. And if BNB bounces back then it may rally up to $450+.
The weekend is near so let us be careful with our trades.
BNB is back to the support level as well as the power trendline. A bounce can be expected from this level but let's not forget the rejection level. If BNB gets rejected from the $390 support level then can possibly reach $360 again. And if BNB bounces back then it may rally up to $450+.
The weekend is near so let us be careful with our trades.
California has introduced a bill to make Bitcoin legal tender.
https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202120220SB1275
https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202120220SB1275
BTC DAILY UPDATE:- BTC is trading an important support level which is at $38k-$39k level. After breaking out from the falling wedge in daily time frame this current move looks like a retest and after this retest we can expect a good upside move. All we need is to hold this support level. If BTC break below the $38k then next support is around $35k
Also we have weekly closing in few hours so more picture will clear after the weekly close.
Stay tuned and pin our channel at top.
Also we have weekly closing in few hours so more picture will clear after the weekly close.
Stay tuned and pin our channel at top.
Pro Analysis
BTC DAILY UPDATE:- BTC is trading an important support level which is at $38k-$39k level. After breaking out from the falling wedge in daily time frame this current move looks like a retest and after this retest we can expect a good upside move. All we need…
BTC UPDATE:- We told you in our yesterday's update that $38k is a very strong support so we expect a bounce and it looks like a retest of the falling wedge in daily time frame. Now BTC is bouncing very well and currently trading above $39k but still don't be much bullish. First we have to break and hold above $40.5k for further bullish movement. After that our main first resistance is at $45k level. Let's wait and see how BTC goes this week.
Stay tuned and pin our channel at top.
Stay tuned and pin our channel at top.
BTC UPDATE:- BTC is still looking good to me. No need to worry yet. However, we loose an important support zone of $38k but if you look at this daily chart it's still looks like a retest of the falling wedge. After hitting $36,500 we see a bounce so far. For any further bullish movement BTC has to break and close above $40.5k asap. If in any case BTC loose the $35k support zone and any daily candle closes below it then our next and last support is at around $29k-$30k
Now imo it's better to wait for break and close above $40.5k to go in bullish mode. Till then stay safe.
Stay tuned and pin our channel at top.
Now imo it's better to wait for break and close above $40.5k to go in bullish mode. Till then stay safe.
Stay tuned and pin our channel at top.
DOGE/USDT DAILY TECHNICAL ANALYSIS:- DOGE is trading inside a big descending triangle in daily time frame and holding the lower trendline of the triangle very well so far. We can expect a good bounce from here if BTC doesn't make any new low. An important resistance zone for DOGE is around $0.16-$0.19 level. If it successfully breaks above this resistance zone then DOGE is ready to go to the moon.
Also keep in mind that if it is breaks below the triangle then next support is at around $0.08 level. So if you want to buy then you can buy some here and add more up to $0.12 with the SL of $0.11
Stay tuned and pin our channel at top.
Also keep in mind that if it is breaks below the triangle then next support is at around $0.08 level. So if you want to buy then you can buy some here and add more up to $0.12 with the SL of $0.11
Stay tuned and pin our channel at top.
BTC UPDATE:- BTC is dumping badly because of the war situation is going on between Russia and Ukraine. We pray for everyone's safety.
Now let's go to the chart. BTC is trading below $35k and again trying to enter into the falling wedge which was broke out few days before. If it again goes inside the wedge then things become ugly. As of now BTC has a support at $34,800 level. BTC must bounce from here otherwise we might see $28k-$30k level.
IMO it's better to wait for the daily close before making any conclusion. As of now stay safe and don't take any new positions.
Stay tuned and pin our channel at top.
Now let's go to the chart. BTC is trading below $35k and again trying to enter into the falling wedge which was broke out few days before. If it again goes inside the wedge then things become ugly. As of now BTC has a support at $34,800 level. BTC must bounce from here otherwise we might see $28k-$30k level.
IMO it's better to wait for the daily close before making any conclusion. As of now stay safe and don't take any new positions.
Stay tuned and pin our channel at top.
Pro Analysis
BTC UPDATE:- BTC is dumping badly because of the war situation is going on between Russia and Ukraine. We pray for everyone's safety. Now let's go to the chart. BTC is trading below $35k and again trying to enter into the falling wedge which was broke out…
BTC UPDATE:- BTC is bouncing nicely and invalidated all the bearish scenarios so far. BTC is bouncing from the $34,500 level (Green dotted line).
We have see a huge spike in volume and in the price of BTC yesterday but don't get too excited. BTC has to break and close above $40.5k resistance level for further bullish movement.
Also, we have keeping a close eye on Russia-Ukraine situation. If any bad news comes from there then we might see high volatility in the market. Trade safe!
Stay tuned and pin our channel at top.
We have see a huge spike in volume and in the price of BTC yesterday but don't get too excited. BTC has to break and close above $40.5k resistance level for further bullish movement.
Also, we have keeping a close eye on Russia-Ukraine situation. If any bad news comes from there then we might see high volatility in the market. Trade safe!
Stay tuned and pin our channel at top.
BTC DAILY UPDATE:- So far so good. BTC is following our plan so far. Bounced back hard after the retesting the falling wedge and currently trading inside the green box. For further bullish movement BTC has to break and close above $40.5k resistance (Green box). $38k becomes a strong support once again. BTC has to hold this support. If it breaks below $38k then all this pump turns out into a fake out.
I'm still waiting to break and close above $40.5k to become bullish again. Till then trade safely.
Stay tuned and pin our channel at top.
I'm still waiting to break and close above $40.5k to become bullish again. Till then trade safely.
Stay tuned and pin our channel at top.