📊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
#NTRN #PremiumTrade
PAIR - NTRN/USDT
Entering #NTRN Buy Setup in two entries at $0.66 ~ $0.763 (Current Price)
Invalidation Daily Close below $0.60
Short Term Targets - 0.82/ 0.90/ $1
Mid Term Targets - 1.20/ 1.50/ 1.80
Hodl Target - $4
@CryptoTrades
🔰BTC HALVING PRICE HISTORY🔰
🔶 2012= $12 halving, $964 (1 Year later)
🔶 2016= $663 halving, $2550 (1 Year later)
🔶 2020= $8740 halving, $55801 (1 Year later)
🔶 2024= ~$63300 at halving
So what comes next.? Maybe 4-10 weeks of slow upwards accumulation in 60k-84k region & then Massive bull run. Don't let them make you sell your bags at any kind of shakeout.
Don't Fade. Enjoy what's about to come
@CryptoTrades
🔰 Important 🔰
After a few months when BTC will be trading above $100k, it won't matter if u bought at $62k or $58k or even $52k, all it will matter is how much you are holding. Market will always tend to eliminate short term players but long term players Always get their cut.
Don't fade as long as we don't close daily below 60k. Our Swing Long is still valid.
Hold and chill 💪💪
@CryptoTrades
Halving is in two days. Make sure you have stoploss to entry when the market is pushing Higher. As in news based market, higher chances of fakeouts.
@CryptoTrades
🔰 Bitcoin's Halving Effect 🔰
The avg direct cost of production of one #bitcoin is expected to increase from $25,000 to $37,800.
@CryptoTrades
60-61k acting as strong support. Bitcoin hit 100% wick, grabbing Liquidity lower. There's no point in panicking or flip flipping right now.
Remember electricity cost for btc mining right now is 29k and in two days after Halving, it'll get doubled 58k. So any price below 60k you're getting, that's a gift. 58-60k level is like 9-10k back in May 2020 last Halving.
Luckily Alts are not suffering. Hold your bags 💪💪
@CryptoTrades
Just In :-
💵 💵 💵 1,000,000,000 #USDT (1,000,829,095 USD) minted at #Tether Treasury.
@CryptoTrades
#COTI
PAIR - COTI/USDT
Entering #COTI Buy Setup in two entries at $0.1 ~ $0.1176 (Current Price)
Invalidation Daily Close below $0.08
Short Term Targets - 0.13/ 0.15/ 0.18
Mid Term Targets - 0.2/ 0.24/ 0.3
Hodl Target - $0.65
@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
Premium Members are nailing it. Cant forward every triggered Setup here but cant stop myself from posting most potential ones as any dips of these gems is a welcome gift.
Join them :-
https://bit.ly/TheAudieMurphy
#SAVM #PremiumTrade
SatoshiVM is a Decentralized Bitcoin ZK Rollup Layer2 that is compatible with the EVM ecosystem and uses native BTC as gas. It introduces the EVM ecosystem to BTC, granting the Bitcoin ecosystem the capability to issue assets and build applications.
PAIR - SAVM/USDT
Available on BingX, Gate.io, Mexc, LBank, Kucoin
Entering #SAVM Buy Setup in two entries at $4.75 ~ $5.36 (Current Price)
Invalidation Daily Close below $4.20
Short Term Targets - 5.75/ 6.50/ 7.50
Mid Term Targets - 9/ 10.5/ 12
Hodl Target - $25
@CryptoTrades
#MANTA
PAIR - MANTA/USDT (Spot Only)
Entering #MANTA Buy Setup in two entries at $1.80 ~ $1.99 (Current Price)
Invalidation Daily Close below $1.60
Short Term Targets - 2.15/ 2.30/ 2.50
Mid Term Targets - 3/ 3.50/ 4
Hodl Target - $10
@CryptoTrades
Coti grabbed Liquidity fron 0.1$ hitting our second entry. Avg entry - 0.108
Smashed First Target ✅
21% Spot Profits so far and it's just beginning 💪❤️
@CryptoTrades
🎊 Bitcoin reached block 840,000 🎊
Happy fourth halving everyone! May the next 210,000 blocks bring even more prosperity and adoption ❤️
Bitcoin’s emission rate just halved from 6.25 to 3.125.
What to expect now? Let the market digest this event. It usually takes a couple of months for the price to reflect the supply crunch. Patience my friends.
@CryptoTrades
They can't Trap us no matter what 😏
Don't Fade. Keep hustling. Keep growing 💪💪
@CryptoTrades
That fakeout I was talking about last night happened for real. Either we make double bottom in 59-60k zone and pump hard from tomorrow. If we loss 59k, I'm afraid we might see 52k coming. We'll watch and see how this war escalates.
@CryptoTrades
BNB Swing Long - II
When it comes to altcoins, Everyone is busy talking about ethereum but one is actually noticing the beautiful chart BNB is printing. It's primed to hit 1000 by Sep- October. If you guys missed our previous swing long from 300$, here's one for you.
Entry Current Price $500 ~ $549 (Current Price)
Invalidation Daily Close below 470$
Short Term Targets - 575/ 600/ 625
Mid Term Targets - 700/ 800/ 1000
@CryptoTrades
Bitcoin flushed retailers & weak hands out at sub 60k and pumping nicely from that Meme Trendine when Halving is just one day away.
Glad we loaded the dip ❤️
Our Swing buy setups posted last week are valid and running
@CryptoTrades
📊Bitcoin Chart Analysis 📊
Time Frame - Daily
Though we lost 65k on daily and btc went for double bottom on Monday correction, settling up a bit on Tuesday.
I can see so many bearish sentiments as the H4 chart is looking bearish because of losing Ema200 & bearish retest of ascending trendine. I've attached the H4 chart along with this Daily chart.
However, in the Daily timeframe nothing's changed. I won't be surprised if bulls pick the pace by Wednesday/thrusday & hunt those late shorters with a massive short squeeze.
All our setups including Bitcoin Swing long are Valid and running. Stay Strong. Stay Hodl 💪💪
@CryptoTrades
War is escalating. The more it escalates, the lesser it will have impact on price action.
@CryptoTrades
📊Bitcoin Chart Analysis 📊
Time Frame - Daily
Bitcoin didn't lose Swing low/ Oct 2021 Monthly close/ March 2024 Open and after that can see clear sideways consolidation.
Also today, Honkong approved Bitcoin ETF. Clear bullish divergence forming on RSI & MACD. Over Leverage/ Late Longers Flushed & overextension solved.
We've corrected 13% and sentiment is bearish and fearful. I'd say its almost time for Bull Run Continuation as long as we hold 65k.
@CryptoTrades