📊 Btc Update 📊
Idea behind Month end alpha was correct and played accordingly just that whales dragged Price further down on May 1st to stop hunt & liquidate more longs. Finally when retailers went panic mode & expected 52k, liquidity fuel was loaded & whales were ready to go Higher. Nice green candle today. Broken may open price in one go. If btc manages to close next two Daily above 60k, consider bottom is in.
PS :- Btc is pumpkin with dominance so alts will join the party once btc settles. Meanwhile I'll share some potential setups.
@CryptoTrades
Good Volume on this pump. We had a bad monthly close below 60k. Need to reclaim 60k and close the next two candles above 60k and we might see 66k by may 10th. Loaded a lot of alts underwater and currently 80% of my portfolio is in Bitcoin and altcoins. Less Liquidity left but I saw the last few days of panic price action as opportunity and loaded accumulation coins & some Trendy Alts.
@CryptoTrades
A Tip after the Dump from A PRO
Forget what you were worth yesterday or at All time High.
If you always keep your All time High Portfolio in mind, you will constantly revenge trade in anxiety to reach your Portfolio ATH Again.
I have done it many times in 2018 and all ended in disaster.
Each day, a new day
@CryptoTrades
That's lesser than they'd have agreed to. Indeed good news for the crypto industry. Soon Crypto Almighty will be free. Looking forward to that day ❤️
@CryptoTrades
Cz Hearing is going quite in the favour of Cz as judge is completely against increasing imprisonment 2x from 18 months to 36 months. Defence has recommended probation of 5 months so we're looking in between 5 months to 18 months. Let's see how it concludes.
Crypto wouldn't have been same if it wasn't for CZ.
#FreeCZ
@CryptoTrades
🔰 Month End Important Alpha 🔰
Like I've been explaining since yesterday that we'll likely see month end manipulations/ Deviations like all past months.
Jan candle close was red following which btc surged by 46% in Jan.
Similarly Feb manipulatively ended red and btc pumped 20% in that month
March Closing Candle was red so you can see how April has rolled out (-15%)
Similarly I'm expecting today's candle to be pure manipulation & tomorrow we'll go up Only if we close today's above 61350 (Oct 2021 Upclose Candle close) else slow death to 52k.
Price action is bliss when you keep it simple. Trade safe
@CryptoTrades
🇭🇰 Hong Kong spot Bitcoin and Ethereum ETF trading officially live.
We have Cz imprisonment decision & it's month end Today
Expect market manipulations to take place today. Avoid leverage trades Today.
@CryptoTrades
#Accumulation list #7
$CELR #CelerNetwork
CMP - $0.0256 》MCAP: $145M
PAIR - CELR/USDT
Accumulation Region - $0.02 ~ $0.0256 (Current Price)
Short Term Targets - 0.028/ 0.032/ 0.036
Mid Term Targets - 0.05/ 0.07/ 0.09
HODL Target - $0.15
Invalidation only if btc closes daily below 48k.
PS :- Only spot entries are recommended as these are long term Buy Setups. Buy and transfer to your wallet for few months. Make sure to buy in parts and encash If any dips arrive due to market fluctuations.
@CryptoTrades
📊 Bitcoin Dominance Analysis 📚
BTC.D
Time Frame - Weekly
I've been travelling since last week so can't post charts from desk, so kindly apologize for unmethodical charts. Looking at the Dominance chart weekly, I can clearly see Bearish divergences on RSI & MACD in weekly candles with confluence in bull divs on many weekly charts for large cap alts. Lose 54% and we should see some liquidity shift into $alts during the summer.
PS :- I don’t believe this is alt season but a first glance at a small liquidy shift for alts. Real alt season should start from Q4 2024. But over-all time for accumulation will be gone soon. I just wish you guys won't end up being coinless waiting for that final dump 😉
@CryptoTrades
🔰 SUI will unlock $1 Billion worth of SUI💰 tokens on May 3rd, 2024 🔰
Avoid buying Sui for next few weeks as holders who will have their tokens unlocked will likely liquidate their holdings
@CryptoTrades
Like i said. Its ETH time. Btc dumping and eth pumping. We will start hitting TPs soon
@CryptoTrades
BNB Update
This correction & CZ news meant nothing for BNB as its price action remained steady & Firm. Expecting it to grow higher once market gets better.
Also I can see Eth at my levels. Will see PA & issue swing long setup if needed
@CryptoTrades
BlackRock and Grayscale revise Ethereum ETF applications following SEC delays.
@CryotoTrades
📊Bitcoin Chart Analysis 📊
Time Frame - 8 Hour
Well it's been 3 days post Halving and we've started seeing Supply shock signs. Noobs keep on waiting for sub 50k wicks but that ain't coming. Like I said, we'll likely have slow Upwards accumulation in 60-84k for next few weeks before the Real Bull run continues when miners will be done with selling pressure.
Good thing is today Ethereum is pumping on its own & not just getting dragged by btc. Good for Alts.
Hodl your coins for GOD profits 💪💪
@CryptoTrades
AEVO Buy Setup
Entry Price $1.32 ~ $1.48 (Current Price)
Invalidation H4 Close below $1.20
Short Term Targets - 1.60/ 1.72/ 1.90
Mid Term Targets - 2.10/ 2.40/ $3
Hodl Target - $10
@CryptoTrades
BlackRock (IBIT) Daily BTC Flows: -36.9m
Spot BTC Aggregate Flows: -559.5m: BBG
This ETF flows are a great way of tracking market sentiments. Above 70k$ we had multiple billion dollars inflow which indicates FOMO in the market where we got our local top
Now $BTC below 60k$, we had multiple 0 buying from BlackRock and today all ETFs had huge outflow amounting to more than 500M$ which indicates max panic in the market
Basic market rule to make money if u follow "Buy the panic, sell the FOMO"
@CryptoTrades
Nobody could've figure it out thus far until Today 😅
Legend for a Reason 😎
@CryptoTrades
BREAKING: Binance Founder Changpeng Zhao (CZ) sentenced to 4 months in prison.
@cryptotrades
Any of you guys managed to solve this encrypted Alpha by Invincible Vitalik!!
No matter what, Eth $3600 loading. You read it first here 😉
@CryptoTrades
🔰Psychological of Market Cycle 🔰
Find good fundamental Coins on Tier-1 exchanges which look like this in weekly charts and you know what to do next !!
@CryptoTrades
A few Market updates on btc, eth, large caps and btc dominance will be posted today. For the time being, the dip is the usual Monday correction. Also tomorrow is the monthly closing & Fomc meeting on May 1st.
60-72k Range in Bitcoin is just like 16-20k range.
Don't Fade. Hold your horses.
@CryptoTrades
WLD Swing Long
Entry Price $4.50 ~ $4.99 (Current Price)
Invalidation Daily Close below $4
Short Term Targets - 4.40/ 4.80/ 5.25
Mid Term Targets - 6/ 7.25/ 9
Hodl Target - $20
@CryptoTrades
ETH Swing Long
Watch your entries. Make sure you have exposure to DCA at 2800$ zone it Market gives chance.
Entry Price $2800 ~ $3100 (Current Price)
Invalidation Daily Close below $2600
Short Term Targets - 3250/ 3400/ 3600
Mid Term Targets - 4k/ 5k/ 6k
Hodl Target - 12k
@CryptoTrades
JUST IN :
US 🇺🇸 Department of Justice seeks 36 months’ imprisonment for Binance🟠 founder Changpeng Zhao.
CZ pleaded guilty late last year in the U.S. to anti-money laundering and sanctions violations.
Are these people for Real 🤡
@CryptoTrades
No One could catch BNB move from $300 to $600 and yet everyone missed the glorious dip on #BNB. Good thing is we caught both the moves. BNB 11% up from entry (110% with 10x Leverage).
Send BNB to $1000 before 2024 end.
Who's with me in this !!
@CryptoTrades