Vibes of 12.03.2020 COVID Dump. Global markets bleeding. Japan index sinks over 10% , worst crash since 1987. Warren Buffett is majorly in cash. And Bitcoin dump is just not stopping 💔
EXTREME FEAR
@CryptoTrades
📊Bitcoin Chart Update 📊
Bitcoin chose the second scenario, broke 64 support & now tested 60k Penultimate support & psychological levels. I'm certain that the second scenario will play out perfectly.
Our Avg Long entry - 62.7k. Targets remains same
Targets - 66k/ 68k/70k/ 73k/84k
@CryptoTrades
Good morning Guys. A new month. A new beginning. Trading ideas, possible paths and setups will Start flowing in this channel today onwards. Sorry for the dry July month.
@CryptoTrades
Germany's government is out of Bitcoin to sell. Now they have sold out almost all bitcoins.
By the years 2026-2028, Germany full stack dumping their seized BTC may go down as one of the biggest strategic Debacle in history
@CryptoTrades
Binance Will Delist BOND, DOCK, MDX, POLS on 2024-07-22
https://www.binance.com/en/support/announcement/4ffb7170f2f84ce3a06cc0cf1a788c23
@CryptoTrades
Someone bought the #Bitcoin dip! Over 20,200 $BTC, worth $1.23 billion, were sent to accumulation addresses 🚀
@CryptoTrades
📊 #Bitcoin Under Pressure!
- Mt. Gox to distribute 143K BTC in July.
- Miners sold $1.8B in June.
- Bitcoin ETFs faced $1B outflows since June 15.
- German government sold $200M BTC.
@CryptoTrades
This correction is news-driven and a typical ‘ Sell the Rumour, Buy the News’ type of correction.
Big news came out. The SEC suspends their investigation into Ethereum.
Altcoins are bouncing back upwards, and I expect we’re close to the bottom.
@CryptoTrades
BITCOIN SPOT ETFS SAW $100.9M IN NET INFLOWS ON JUNE 12.
There has been significant buying activity for the past month, including yesterday. They're accumulating without driving the price up. A big move is gonna happen after capitulating everyone. It's around the corner. Just a matter of a few days or weeks
@CryptoTrades
📊 Btc Chart Update 📊
Time Frame - 4 Hour
Btc marked local bottom at our sniper Second Entry & had a nice bounce of $2000 since then. Yesterday's move to fill some fuel, hunt sell side liquidity was manipulative one.
Right now, while i am posting update, US inflation has been released & it falls to 3.3%. Lower than expected.
While most of them were bearish & flip flopping positions, we persisted.
We also have FOMC after 5 and half hours so market will remain volatile.
FYI, Avg entry for our Swing Long is 67k, Targets remains same. Enjoy the Ride.
@CryptoTrades
Breaking :-
🇺🇸 Trump met with the largest Bitcoin miners in the country today, pledging to support them on the global stage.
He says "We want all the remaining #Bitcoin💰 to be MADE IN THE USA!!!"
"It will help us be ENERGY DOMINANT"
@CryptoTrades
Bitcoin Swing Long Setup
Entries - 66k ~ 68.1k (CMP)
Stoploss - Daily Close below 64k
Targets - 70k/ 72k/ 80k/ 84k/ 100k
@CryptoTrades
A short setup was shared with premium folks based on yesterday's anticipation of this move & it played out perfectly.
To join :-
https://bit.ly/TheAudieMurphy
@CryptoTrades
Bitcoin Scalp Short
Entry - Current Price 69950
Targets - 68.8k/ 67.2k
Stoploss - 71.2k
@CryptoTrades
Bitcoin spot order books appear to be more balanced than they were before the weekend.
Many of the major coins have bids stacked just below the current price as well.
Traders feel safer bidding now. Adjusting stoploss a little lower at daily close below 58k.
@CryptoTrades
📊Bitcoin Chart Update 📊
It's been 3 & half months already since the Bitcoin Halving & as expected Bitcoin remained in the chopped zone mostly between 60k-72k with increased dominance killing all the momentum of Altcoins. If btc follows the pattern it did during the last two halvings, we could be on the verge of watching Bitcoin impulsive move in next 3-4 months.
Technically, Bitcoin is looking solid here with entire timeline becoming bearish at 64k support in confluence with August Open & EMA50 Daily. Moreover volume during last 4 red candles is relatively very low signifying Bullish Price Action.
Two Scenarios
1. Steadily move towards 73k from here
2. Tap 60k support & then hit 73k
I'm more in favour of Scenario 1. Took a Bitcoin long here at 64.4k & will double down if get chance to enter around 61k with invalidation daily close below 60k
Targets - 66k/ 68k/70k/ 73k/84k
@CryptoTrades
Do you guys think this Meme Index is relevant anymore.
Anyway, I'll be back posting charts and updates Today onwards. The market was in such a bad/dry state so didn't feel like posting much in crypto Summer. Waiting for btc to reclaim MA/EMA 200 in daily before posting some potential setups
@CryptoTrades
#AEVO
Bought a decent size of #Aevo. If btc has actually made bottom last night, AEVO is my first bet to go in big. I got a lot of questions regarding it when binance labs announced investing in AEVO. It was trading around $1 back then & dropped 55% since. I was waiting for 0.4-0.5$ range for this one and it provided me the same thanks to dump on Btc.
Buy zone - $0.4 ~ $0.5 (Current Price)
Short Targets - 0.55/ 0.60/ 0.70
Mid term Targey 0.90/ 1.20/ 1.50
Hodl Target - $10
Invalidation - Daily close below $0.40
@CryptoTrades
📊 Bitcoin Chart Update 📊
Unexpectedly Btc broke 64k amid some bad news. Fell below Oct 2021 monthly close & May 2024 Open. Expecting this ascending Trendine originating from dec 2023 to hold the price and we shall not close daily below 60.6k (May Open). Else market will retest MA200/EMA200 Confluence around 57-57.5k.
Re-Longed some Btc with stoploss Daily close below 56k. Wish me luck. I am Personally Adding my last bit of Capital at these Levels.
If I fail, I fail in Public.
#NFA
@CryptoTrades
#Eth vs #Sol
Tbh, I never really liked the Sol. That's why I always refrained from posting Solana plays.
* Sol ecosystem is purely gamble made for Punters. Sol Nonsense memes killed all the credibility & integrity of crypto & made the outside world think like crypto is nothing but a scam.
* Furthermore it took all the liquidity from legitimate Altcoins with actual use case, most of the coins dropped more than 50%
* Now it's clearly visible from the above two charts that liquidity is flowing back into the heart of crypto (Eth). Expect Altcoins to run from here. Q3 should belong to Bitcoin Fundamentally strong Altcoins
@CryptoTrades
📊Bitcoin Update 📊
Volume not confirming downtrend in Daily. Again daily had low volume breaking down from support. Hence the downtrend is not valid neither is the loss of support. Expecting a big bounce here soon. We'll likely make inverse head - shoulders i& bounce towards 80k.
A lot of the Bears will disappear in the next few days and everyone will start Bull Posting in a few hours.
@CryptoTrades
Undoubtedly All the Bears waiting/wishing for 52k/ 40k will soon regret it.
But lets not be mean to them. They are already losing their money shorting or will miss a hell lot of money for not buying when it was time. Being Bankrupt is enough Punishment for them.
HODL & Enjoy the ride 📈📈
@CryptoTrades
#COMBO
I don't feel like playing alts till Quarter second closes but $Combo feels like a delightful play here.
Entering #Combo Buy Set up in Two Entries at $0.66 ~ $0.74 (Current Price)
Stoploss - Daily Close below $0.60
Short Term Targets - 0.82/ 0.90/ $1
Mid Term Targets - 1.20/ 1.50/ 1.80
HODL Targets - $5 - $7
@CryptoTrades
📊 Bitcoin Chart Update 📊
Bitcoin hit max pain 66k today (also second entry for our swing setup). I do believe we have formed a local bottom. Seeing such a bearish timeline makes me even more confident that they've been capitulated.
Invalidation only if we close daily below 64k
Long and strong 💪💪
@CryptoTrades
Absolutely sniper entry. Smashed First Target ✅. Unload 50% positions and move stops to entry for remaining. We'll likely bottom today and will open big Swing. Wait for my setup
@CryptoTrades
📊Btc Chart Update 📊
Timeframe - 4 Hour
As anticipated in previous forecast, Market is nicely consolidating between 68-70k after accelerated selling on June 7th. Btc shall form local bottom in between June 10th to June 12th June (Max Pain 66k) and then the impulse wave should begin.
Those who are looking for longs, shall place orders between 68.2k ~ 66k
@CryptoTrades