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🐝 BTC UPDATE
Bitcoin approaching the buy zone again, we are still holding LONG position with the average entry at $57,700.
If the price goes down to $57,000 we will average it there with profits we took when Bitcoin was at $60,000.
I am still locally bullish on $BTC and $SOL with $ETH. To change the mood Bitcoin needs to break through the Bull Flag support.
Our Ultra Signal today is: $BCCOIN
You can buy and hold this coin long term for massive gains. Expecting at least a 5x short term and 10-20x long term.
Listing on Bybit will be announced soon, expect huge mid term profits 🚀
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MEXC: https://www.mexc.com/exchange/BCCOIN_USDT
Gate: https://www.gate.io/trade/BCCOIN_USDT
Bingx: https://bingx.com/en/spot/BCCOINUSDT/
Bitget: https://www.bitget.com/spot/BCCOINUSDT
Bitmart: https://www.bitmart.com/trade/en-US?symbol=BCCOIN_USDT
📊 Interesting chart: Global liquidity is entering the explosive cycle
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How Altcoin trading feels recently
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📈 In 2012, crypto processed about one transaction every three seconds. Today crypto rails enable the transfer of more value than VISA, Mastercard, Amex, and all other payment providers combined
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🤝 Not the best entry we could possibly got, but profit is profit
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✍️ #CRV setup is still valid, I've just adjusted targets a little bit
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🪂 BEST AIRDROPS OF AUGUST 2024
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💭 All the bullish posts I've made lately have had one purpose - cheer you up. A lot of other admins have given up running their channels during this dry season because the only feedback they get is negative. Most of those who are still posting are just trying to make some money off you to survive because they are still broke asses. My goal is different.
But that's not the main topic.
Don't give up on crypto, keep looking for spare funds, keep working, keep accumulating. I strongly believe this autumn will gift us an altcoin season we all deserve (and this is not a joke this time). I totally understand you, supports are breaking one by one and it looks like we're done, like it's over. But it's not.
Trust a man has who survived 8 years of this market.
If you already filled your bags — hold them tightly, don't sell. If you can arrange some more funds to buy more alts (at least some major ones) — do it. Don't listen to all the noises, the game plan is simple. It just takes a little more time than it was expected.
❤️🔥 Meanwhile, there is a TD Sequential signal appeared on the Bitcoin Dominance 3-Months chart!
The same signal appeared on the Others Dominance 3-Months chart in the beginning of 2022 before the massive Altcoin Season.
The signal will be confirmed after the 3M candle closure that is about to happen in September.
🤴Clear fake breakdown of the crucial $52,500 support that resulted in a huge shadow below the 1W candle's body.
Previously (especially in 2024), such fakeouts led to new waves of growth on Bitcoin!
This happens because of the huge demand that pushed the price upwards. The whole dump was bought back within a few days which shows how strong bulls are.
🐝 BTC 1W UPDATE
Despite the overall dump and overall bearish mood (Fear & Greed Index is 29), Bitcoin remains above crucial weekly support levels!
The price is staying above $56,100 and what is more important — above $53,500 levels. As long as 1W chart closes above them, we are safe, absolutely.
🐶Call on a low-cap meme coin with 1000x potential - @gem_hunterlfg
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📈 Tomorrow the US Treasury starts Treasury buy-backs again $30 billion a month.
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😬 Well, I always thought that “filling a gap” doesn’t mean dumping so the price jumps over a gap and forming another one..
But well, jokes aside — this is actually one of few bullish signs we have for now.
Your attitude towards gaps might be different, but the accuracy of filling them within 2 weeks after appearing is 85%+
🦋 Ethereum touched the MA50 on the 1-Month chart and bounced from there
Might be a bottom or $ETH for this cycle.
🐝 BTC BRIEF UPDATE
The LONG scenario remains valid, we hold our position with the SL in breakeven zone of ~$57,700.
At the moment we can see a formation of the bullish flag, the price is slowly moving towards the resistance.
✍️ Falling Wedge on $SOL!
Entering LONG makes sense on the breakout, even better on the retest
🤭 $MATIC is a perfect coin if you like to short
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💭 If you opened this position, consider taking some profits at the current level. Holding any position with leverage during weekend is not safe
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https://x.com/robert_klondike/status/1824483920118731274?s=46&t=fOJ6auVDETiVp3qLNTsBKg
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🐝 BTC LOCAL UPDATE
There is a strong support at the $58,100 level. Buying there makes sense with the target around $64,000 point.
The main risk is that we don’t have enough time to hold it, don’t overtake until weekend.
❗️Buying some #CRV here!
The price has broke through the descending trend line, now consolidating above the $0.3 support level.
Investing a tiny % of the whole deposit in this trade, risks are high.
🦋 In addition to all bullishness Bitcoin Dominance & Altcoin Dominance gave us...
Ethereum/Bitcoin pair finally looks interesting enough to take a look. The 2021 support was reached!
In fact, there are two levels from where we can expect a bounce: 0.044 and 0.037. It perfectly correlates with Bitcoin Dominance chart that is about to reverse downwards.
⛑ Earning on SHORTs together with Premium Members!
Today we opened a SHORT position on #MKR with Premium Channels members. It started dumping right after we entered, reached ALL targets and printed +127% profit by now.
🧐 Want to join Klondike Premium Channels? Write me @kankordio or visit our website https://klondikepro.com.
🐝 BTC LOCAL UPDATE
The price has reached a local resistance of $57,000. I am currently have no margin position, only spot.
Will enter LONG either on the $52,000 - $53,000 support retest either on the $59,900 resistance breakout.
🎮 By the way, I am still playing The Bridge. The game is quite fun, good way to kill some time while riding in the cab or waiting in line :)
Taking into account this game can generate real money after launching in September.
My high score is 339, almost in top 50 among all players. If you want to play it, join via my referral link to get a gift!
🐝 BTC UPDATE
The best quote I saw today: “After checking charts this morning I can confidently say that… I have no clue”.
I don’t want to whine about how bad things are, simply because I don’t think that. Some people like to focus on negative things, but let’s not forget about positive ones as well:
- The Halving just happened and we haven’t seen any significant growth after it yet
- The zone of miners breakeven is located in the $50,000 - $60,000 range
- All major assets and indexes are still located above crucial supports that hold an up-trend
💔 Yeah, many stop losses were triggered, many people have lost money (including me), but that’s a part of trading. Sometimes fundamental factors fuck us.
Stay strong & positive and you will survive. Survivors will be rewarded.
Well, at least stables stay strong and don’t depeg
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