$CFX Market Analysis
On daily timeframe level the price action of $CFX of descending triangle pattern level where the price action is currently Horizontal Support level marked between the $0.1948 - $0.1757 level
The price action previously was consolidating in a compression level and currently consolidating at its Horizontal Support which can show us the bounce back level from
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Bitcoin Bullets® Trading
Utilize narrow stop-loss orders in your trades and adhere to sound risk management practices, especially given the heightened volatility in current market conditions.
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- Bitcoin Bullets® Trading
Bitcoin Bullets® Market Analysis
January 19, 2024
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⚪️TECHNICAL (4H)
Bitcoin is currently trading above a critical horizontal support level, a pivotal zone that bulls must maintain to prevent a further loss of momentum. In the event of a breakdown and subsequent retest of the existing support, there is an anticipation of a downward movement to retest the lower-marked horizontal support.
⚪️WRAP-UP (VIP)
Traders and investors should closely monitor the market dynamics and be prepared for various scenarios, considering the sensitivity of the current support zone.
$BTC DAILY RANGE:
📈Upper Limit: 41600
📉Lower Limit: 41000
(+-13% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲39500
🔴SHORT
💲45000
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Bitcoin Bullets® Trading
📌INSIDER UPDATE
BTC-USD spreads have become more volatile since ETF trading began on Thursday
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Bitcoin Bullets® Trading
📌$ARPA/USDT (LONG)
Leverage: 5-10x
ENTRY
0.064 to 0.06755
OTE: 0.066
TARGETS
0.068
0.0685
0.069
0.070
0.073
0.076
0.080
0.088
SL
0.06158
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- Bitcoin Bullets® Trading
$RNDR Market Analysis
On H4 timeframe level the price action of $RNDR after breaking headed towards its Horizontal Support level marked between the $3.699 - $3.451 level where the price action has bounced back from that region and testing out its Horizontal Resistance level marked between the $4.334 - $4.140 level
If the price action breaks out this level and retest above the level we can expect the price action will test out the resistance trendline level
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Bitcoin Bullets® Trading
VIP NEWS
Analyst Advises Investors to Buy the Bitcoin Dip — Predicts 'Asymmetric Upside Ahead'
A senior analyst with global asset management firm Alliance Bernstein has recommended that investors buy the bitcoin dip and focus on “the new bitcoin adoption cycle.” His advice followed the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). “The minor selloffs are opportunities in view of the asymmetric upside ahead,” the analyst explained.
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- Bitcoin Bullets® Trading
📌$ETH/USDT (LONG)
Leverage: 5-10x
TARGETS
2180✅
2220✅
2260✅
2300✅
2350✅
2400✅
2450✅
2500✅
2600✅
2650✅
Profit: 229.7% (10x)🥂🔥
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- Bitcoin Bullets® Trading
$CHZ Market Analysis
On weekly timeframe level the price action of $CHZ formed out descending triangle pattern level where the price action is currently consolidating within its Horizontal Support level which can bounce back from that level
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Bitcoin Bullets® Trading
📌$AXS/USDT (LONG)
Leverage: 5-10x
TARGETS
8.235✅
8.335✅
8.4✅
Profit: 76.9% (10X)🥂🔥
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- Bitcoin Bullets® Trading
VIP NEWS
Ripple's XRP Ousted From Hong Kong Virtual Asset Consortium's Top Crypto Index
As Hong Kong strengthens its crypto regulatory framework and embraces ETFs, the Hong Kong Virtual Asset Consortium (HKVAC) has updated its crypto indexes, showing a preference for tokens with market performance and growing industry partnerships.
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- Bitcoin Bullets® Trading
📌$HOT/USDT (LONG)
Leverage: 5-10x
TARGETS
0.002060✅
0.002091✅
0.002123✅
0.002190✅
0.0022✅
Profit: 118.1% (10X)🥂🔥
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- Bitcoin Bullets® Trading
$MAV Market Analysis
On daily timeframe level the price action of $MAV is currently testing out its Horizontal Resistance region level marked between the $0.5527 - $0.5262 level.
After an daily closure level on its Horizontal Resistance region we can expect to see the downfall in the price actin
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Bitcoin Bullets® Trading
📌$BTC/USDT (SHORT)
Leverage: 5-10x
TARGETS
42485✅
Profit: 10.6% (10x)🥂🔥
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- Bitcoin Bullets® Trading
VIP NEWS
Dollar's Reserve Currency Status Is the United States’ Reward for Controlling the Seas – Billionaire Mike Novogratz
According to Mike Novogratz, the United States’ control of the seas enables it to maintain the dollar’s reserve currency status. Novogratz suggested that the U.S. and United Kingdom’s joint strikes on Yemen were necessary because they give residents the “benefit of borrowing endlessly at low rates.”
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- Bitcoin Bullets® Trading
📌$ETH/USDT (SHORT)
Leverage: 10 -20x
TARGETS
2536✅
2500✅
2450✅
Profit: 61.3% (10x)🥂🔥
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- Bitcoin Bullets® Trading
VIP NEWS
NYSE's Strategic Move — Bitcoin ETF Options Poised to Boost Market Dynamics
In a groundbreaking move, NYSE Arca Inc. has submitted a proposal to amend its rules to enable options trading on commodity-based trust shares, specifically targeting bitcoin-based ETFs. This initiative, detailed in the 19b-4 filing with the SEC, marks a significant advancement in the financial products available for crypto investors. The NYSE’s proposal aligns with the surging interest in bitcoin ETFs, which saw a trading volume of $9.6 billion within just three days of their introduction.
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- Bitcoin Bullets® Trading
📌$NEAR/USDT (LONG)
Leverage: 5-10x
TARGETS
3.356✅
Profit: 12.1% (10x)🥂🔥
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- Bitcoin Bullets® Trading
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Bitcoin Bullets® Trading
Bitcoin Bullets® Market Analysis
January 18, 2024
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⚪️TECHNICAL (1D)
Bitcoin is currently undergoing a retest below its established trendline while maintaining a position above a crucial horizontal support level. The market is displaying a sense of indecision, with traders and investors closely monitoring the price action for signals of the next significant move.
⚪️WRAP-UP (VIP)
Analyzing the volume profile reveals a substantial amount of trading activity within this particular zone. The high volume traded in this area suggests a heightened level of interest and participation from market participants.
$BTC DAILY RANGE:
📈Upper Limit: 43200
📉Lower Limit: 42200
(+-7% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲40500
🔴SHORT
💲45000
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Bitcoin Bullets® Trading
📌INSIDER UPDATE
US SEC willing to delay Terraform Labs trial for Do Kwon's extradition
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Bitcoin Bullets® Trading
📌$NEAR/USDT (LONG)
Leverage: 5-10x
ENTRY
3 to 3.316
OTE: 3.15
TARGETS
3.356
3.40
3.45
3.50
3.6
3.8
4.1
4.3
4.6
SL
2.867
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- Bitcoin Bullets® Trading
Bitcoin Bullets® Market Analysis
January 17, 2024
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⚪️TECHNICAL (1D)
Bitcoin is currently undergoing a retest below the ascending trendline, while remaining above a crucial horizontal support level. The market is exhibiting a state of indecision, characterized by a compression zone. This indicates that there is potential for an imminent expansion move, the direction of which will be determined by the outcome of key factors.
⚪️WRAP-UP (VIP)
The critical juncture lies in the interplay between the reclamation of the ascending trendline and the breakdown of the horizontal support.
$BTC DAILY RANGE:
📈Upper Limit: 43578
📉Lower Limit: 42050
(+-13% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲40000
🔴SHORT
💲45000
➖➖➖➖➖
Bitcoin Bullets® Trading
📌INSIDER UPDATE
US SEC willing to delay Terraform Labs trial for Do Kwon's extradition
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Bitcoin Bullets® Trading
📌$ETH/USDT (SHORT)
Leverage: 10 -20x
ENTRY
2670 to 2563
OTE: 2610
TARGETS
2536
2500
2450
2400
2350
2300
2240
SL
2733
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- Bitcoin Bullets® Trading
Bitcoin Bullets® Market Analysis
January 16, 2024
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⚪️TECHNICAL (1D)
Bitcoin (BTC) currently finds itself in a trading scenario where it is positioned below the established trendline but remains above a significant horizontal support level. The market is currently characterized by a sense of uncertainty. A pivotal moment for assessing potential future movements lies in the potential reclamation of the trendline.
⚪️WRAP-UP (VIP)
A bullish signal would be triggered if BTC successfully regains and sustains its position above the trendline. Conversely, a clear bearish indication would emerge if the cryptocurrency undergoes a breakdown and subsequently retests the horizontal support.
$BTC DAILY RANGE:
📈Upper Limit: 43400
📉Lower Limit: 41700
(+-11% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲40000
🔴SHORT
💲45000
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Bitcoin Bullets® Trading
📌INSIDER UPDATE
The US saw $1.24bn of inflows, while minor outflows were seen in Europe.
Trading volumes were $17.5bn last week, the highest on record, compared to an average of $2bn per week in 2022.
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Bitcoin Bullets® Trading