47447
In #crypto space since 2014 Sharing market review on a Daily basis #Btc #Alts Me: @alexclay Twitter: @cryptclay Anything I post is not a financial advice, please #DYOR
💰 $LINK hit our target at the top of the channel✅
+30% clear profit achieved on this setup🤑
💰 $BTC
As was expected we bounced locally📈✅
+6% Upside
Stopped by 30k resistance so far🔻
💰 $XRP
#XRP is about to lose the confluence of 50 WMA + ascending support☝️
Leg down is inevitable📉
Meanwhile 💰 $TRX is ready for another rally😳
Bullish Structure is intact✅
Breakout above 0.08500$ Supply Zone✅
FULL SEND🚀
💰 $BTC
Pumped as planned after the breakout of 27900$ resistance zone✅
Sad it's just a wick😥
💰 #BTC & 💰 #ETH are pumping hard on the news that 'SEC Approves IShares Bitcoin SPOT ETF'
The problem is, that there is no confirmation😅
💰 #Link/Btc
$LINK can outperform vs. $BTC in the mid-term🔥
❗️To confirm the setup we need to break the confluence of Weekly Falling Wedge & 50 WMA
💰 $BTC
Short-Term we are going lower📉
$26k is the first target🎯
💰 $ETH is below the demand zone🔻
Short-term priority bearish🐻
💰 $XRP
Did not manage to fix above major s/r zone🔻
Dumped hard once crossed back below the one🔻
Now is sitting at the confluence of 50 MA + ascending support👀
Targeting 0.32$ per #Ripple in mid-term📉 Break below the confluence is a good trigger!
💰 #BTC1! #Bitcoin CME Futures
It's 25k Support level📉 → then it's 20300 - 21250 CME Gap📉
💰 $BTC Update
So far so good👌
+7.5% profited with x3 leverage✍️
So much liquidity down below👀
💰 $BTC
💰 $ETH
If trendline does not hold it's a bearish case for short-term🐻📉
💰 $BTC
Looks we will see a leg down short-term📉
💰 #Bitcoin #BTC
2018 - 2021 vs 2021 - 2024 Cycle Comparison🧐
So far we repeated two phase of the previous cycle☝️
· Phase 1 - Distribution: always with a massive formation
previous cycle - Descending Triangle
current cycle - W-Top
· Phase 2 - Accumulation: also comes with a pattern
previous cycle - Rounding Bottom
current cycle - Cup & Handle
Now we are on the edge to enter Phase 3 of the cycle👀, which followed by more upside and level I expect to be retested in this case is $47k📈, previous cycle it was $11.6k → next step in this phase is a correction📉 & retest of the broken major resistance level with most likely a fakeout below the one (Max Liquidation🔻)
What checks we have for to enter phase 3
1 We completed the pattern of Cup & Handle✅
2 Superguppy is nearly at the same stage as was in previous cycle✅
To confirm we need to break through the major resistance level of $31.7k❗️
Most interesting part is our phase 4, which is a parabolic growth to a new ATH, which is set to be at the Mid/End 2024 - so check for the charts if we do follow this path, you better have your bags fully loaded before the curve pump takes a place🚀
💰 #ETH turns weak vs. 💰 #BTC 🤧
Currently testing the neckline of Double Bottom, which is also 0.05565$ key zone and marked many important moves since 2017🧐
Looking for a deep down once we have a cross below the one📉
🟠 #C98
Looking for a short-term rally in case we break through the confluence of descending resistance + superguppy📈👀
💰 $BTC Local Update
Difficult to take a side now, so be ready for both options❗️
Overall it's a channel and despite the fake news we managed to break above S/R Zone and currently are above the one which makes a local priority bullish📈 with a target at $31k supply zone🎯
In case we reach back below the S/R Zone it will be a confirmed fakeout🔻 with a target at $25.5 demand zone📉
⚠️Also do not take some big targets for short-term and trade inside the channel
❗️ETF is not approved yet🤷♂️
What a Show!
💰 $BTC turned bullish short-term and now retesting the cluster of 100 MA + 200 MA + Mid-Channel🧐
Ready to cancel the bearish setup in case of a breakout, but until this happens I am looking for the demand zone to be hit📉
$BNX
Rounding Bottom on daily👀
Looking for a short-term pump📈
💰 $BTC
Local setup worked out smoothly🤝
3.9% Dump is caught💰
💰 $AVAX produced a negative retest of the broken neckline of H&S🔻
❗️Remind you that I expect some lower levels to accumulate #AVAX
💰 $ETH is crossing trendline support👀
Btw all this remind of H&S case📉
💰 $BTC Daily
🔻Rejection off the confluence: 100 MA + 200 MA + Mid-Channel
Currently testing the bottom of the local range👀
Break below the local range will lead us to retest off the 25.5 demand zone📉
💰 $ETH will follow 💰 $BTC so I do expect the $1555 demand zone to be crossed downwards📉
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💰 $BTC Update
Support confluence is lost and we produced a negative retest🔻
Picture remains bearish📉
sometimes it's simple 💁♂️
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💰 #Bitcoin Weekly Review🧐
Testing the hell of a confluence of Weekly☝️
EMA 100 + MA 200 + both 61.80% fib + 23.60% fib
Mid-Term I expect this confluence to be broken nonetheless📈, in case of a correction I do not expect $BTC is going lower than $25k.