🐝 BTC UPDATE
Two out of three buy orders were fully filled. We can see a positive reaction on the $61,400 support level, Bitcoin bounced from there.
However, as long as we stay below the $69,000 resistance, Bitcoin is still correcting.
Will repeat once again — don’t open SHORT here.
💭 By the way, the chart on #TOAD is also great
The price broke out of the ascending triangle and consolidates there
✍️ We are still holding #TOAD (in good profit already, but still too early for TPs).
The team just made a tweet that the first CEX exchange will be announced soon! (In 2-3 hours). This will get more liquidity to the token.
Good entry opportunity for those who are still not in!
📍 BTC DOMINANCE UPDATE
The dominance is forming a descending triangle (bearish pattern) on the local time frame.
Aggressive purchases on altcoins make sense after the breakdown of the support. For now it is a bit risky.
🐝 BTC UPDATE
As long as Bitcoin stays below the $69,000 resistance, the priority remains downwards. The only question — if bears are able to take the opportunity or not.
There is an inverse H&S forming on the 2H chart, quite a weak formation this time, but still can work out.
All in all, bears have all chances to dump Bitcoin now. We still hold our Bitcoins, no point in selling there, as I said.
Dump will just gift us an opportunity to buy at a good price.
🔥 Patience is paying off, #ORBS made +50% profit by reaching 3/5 targets so far!
Moved stop loss to the breakeven zone
⚓️ Despite the fact that the market dumped for -10% in average, F&G Index is still at peak levels
Читать полностью…🐝 BTC UPDATE
Up-trend styled Bitcoin update.
Bitcoin broke $70,000 and $69,000 supports down. Now the price is located in the big range between $59,000 and $69,000. This range is for your purchases.
There are three supports where you can place your buy orders:
1. $63,800
2. $61,400
3. $59,300
And don't forget that if the price goes back above $70,000 and stays there - buying makes sense too. Buy on breakout, as they say.
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❗️Buying #RLC here!
The price is testing the broken level and consolidating above it. Must pump upwards from there.
📍#FET UPDATE
There is a local descending resistance the was Broken Upwards! It all happens above the $2.7 support level that holds the price from falling down.
If Fetch ai manages to keep the price above this trend line, then we can expect a new leg upwards.
❗️Buying more #SUI at the $1.6 support
Thanks to the Cup & Handle pattern the price pumped from $1.4 level to almost $2 and we took some profits.
Buying some more #SUI on the $1.6 support re-test, must go higher from there. Moreover, the #SUI team will take part in the Game Developers Conference in a week, probably will make some announcements.
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❗️Buying some more #INJ on the breakout!
We’ve been waiting for this breakout quite some time, and finally Injective decided to start moving
Targets are on the chart
🦋 ETH UPDATE
The price has landed on the support level of $3190 and bouncing from there. Positive reaction, especially for altcoins.
We can possibly consider this as a local bottom on Ethereum and alts. Bought some #ETH there.
📉 We are currently witnessing a record outflows from Bitcoin Spot ETF over the recent two days!
During the 19th of March, there was a record outflow of $326M. Weak hands are selling.
❗️Buying some #FTM on this breakout!
As you can see, the price broke through the ascending trend line and $.097 resistance.
Moreover, the market seems to start recovering.
🐝 BTC BRIEF UPDATE
Bitcoin is dumping, as expected. Bears took the opportunity I was speaking about yesterday.
The first buy order at $63,800 mark was fully filled. The rest are waiting.
Don’t SHORT here, don’t commit suicide. This opportunity was given for buying only.
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❗️Buying some #TOAD here!
Yesterday I've already made a post in X about this purchase, we made good (~50%) profit fast.
Now the price rolled back to the entry zone and we averaging our position here!
So, this is a memecoin that is run by Playbux which is incubated by Binance labs! As you can see, it is a Solana chain token, we all know how hard not only memecoins, but regular tokens pumping on this chain recently (take #JUP for example).
Moreover, this project has partnered with Gotbit Hedge Fund (this fund took part in #MYRO, #SOLAMA and other massive x10+ pumps).
And lastly, despite the fact that the token was launched only 1 day ago, it already has more than 170,000 members in Twitter which is absolutely large number.
😅 And yeah, there is a juicy descending channel that will be broken upwards soon!
🏁 #JTO finally pumped! Made +37% profit from our entry so far
Moved SL to the breakeven zone.
🦋 ETH UPDATE
It is your chance to buy Ethereum at lows before it goes to $5000 and higher. The main support for now is located at the ~$3500 mark.
The next strong support level is at $3200. With that information I can advise (not financially) you to put buy order on the $3500 level and some bids in the $3250 - $3350 zone if the upper support will be broken downwards.
Currently we have a last opportunity to buy Ethereum to make X3 on it. All further purchases won't guarantee you this opportunity, as the main target for #ETH is $10,000.
🧐 Remember we Compared March 2024 and March 2017?
Here is the LINK to the post if you didn’t see it. Both cycles look very similar in terms of TOTAL 2 behavior.
But what if we look at Bitcoin at this time? Surprisingly, they look identical too.
💹 Follow the chart: price touches the ATH -> breaks it on the second attempt -> consolidates above it -> forms deviation there -> dumps back below the level
In my opinion, this scenario has all chances to happen now as well. Next post will be detailed Bitcoin update.
🐝 BTC UPDATE
The price has found a solid support at $70,000 mark (obvious psychological level).
All in all, we move within the ascending channel borders. As long as the price remains inside it, the up-trend will continue its move.
Everyone is talking about corrections, but it never starts. Don’t open leveraged positions though.
We hold 90% of the deposit in crypto, a half of the portfolio in Bitcoin. No point to sell here.
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❗️Buying #PEPE on this breakout!
After a sharp growth, Pepe took some on consolidation and forming a pattern — bullish flag namely. Breakout is happening now.
♨️ Four years ago, at the 12th of March 2020, happened one of the most bloodiest dump in crypto history..
Shoutout to those who survived it and still here 🤝
🎉 #INJ is finally breaking out of the consolidation rectangle!
Patience paying off