📊BTC Daily Update📊
As Expected, it was typical Monday Correction. BTC tapped lows at 62.7k & slowly bounced from that level.
Same View. First Target remains at 69k, following which 84k should be next.
Still Bullish !!!
@CryptoTrades
#WOO
Beautiful Price Action on Significant SR Region. The following Price Action on WOO will be glorious ❤️🥂
HODL this Gem
@CryptoTrades
Appealing Pump on WLD. Smashed all Short Term Targets ✅✅✅
37% Spot Profits so far. With 10x Leverage, its 370%. Next Ones might be Aevo/Nfp/Woo. Will Post updates.
@CryptoTrades
@CryptoTrades
Many fundamentally strong Altcoins have been looking extremely bullish on weekly & Daily TF after SR test/ liquidity grab. Bullish divergences on RSI, reversal patterns, & uptrend continuation.
Hope you guys took advantage of that 8-9 week long correction as I repeatedly said & didn’t capitulate.
This summer is gonna be huge 💰🚀
@CryptoTrades
Simple Question for you Fine Folks.
How do you look at it ?
Real Breakout ❤️
Weekend Fakeout 💔
@CryptoTrades
You were all warned of this pump yesterday at sub 60k zone. As expected in May 2024, Bitcoin had V shaped recovery. April 30th month end alpha was top notch except for whales dragged a price bit lower than i anticipated. Anyways spot holders are in profits.
Next stop is Major Lower High at 64,700. Usually it gets rejected at first go & retraces a bit but btc can history of giving no Damn to resistances many times. Smashing 64.7k will open doors for 66k & 69k.
@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 $3600 loading. You read it first here 😉
@CryptoTrades
🔰Psychological of Market Cycle 🔰
Find good fundamental Coins on Tier-1 exchanges which look like this in weekly charts and you know what to do next !!
@CryptoTrades
A few Market updates on btc, eth, large caps and btc dominance will be posted today. For the time being, the dip is the usual Monday correction. Also tomorrow is the monthly closing & Fomc meeting on May 1st.
60-72k Range in Bitcoin is just like 16-20k range.
Don't Fade. Hold your horses.
@CryptoTrades
Quick Update on BTC
1. BTC managed to break EMA200 on H4 after 3 failed attempts.
2. It also took previous LH at 64700, grabbed liquidity above 65k & dropped 1500$ (with lesser volume)
3. Breakout of descending Trendline originating from 72k looks real & Today's corrections might be typical Monday correction meant to be bought.
4. Ascending Trendline from Dec 2023 seems to be holding well.
Next Target for BTC is 69k, if cleared that, it should not stop till 84k.
Invalidation Daily close below April 2024 Close (60.6k)
@CryptoTrades
#NFP
Market Makers already pulled manipulations on NFP or we gonna see more downside before the real bull run ?
What will hit first ?
$1 (100% up) ❤️
$0.3 (40% Down) 👍
My bias is with $1. Show yours !!
@CryptoTrades
Pretty decent fight between bulls & bears in reactions here but by the looks of it, option with lesser votes (Real Breakout) is winning this contest. It happens all the times, when most of retailers are bearish, that's the time for Market to keep going high.
We'll have to wait for Monday close to decide that.
@Cryptoatrades
WLD swing long Avg entry $4.75
Target 2 Smashed ✅✅
22% Spot Profits so far. 220% with 10x Leverage. No matter what type of market it is, with right setup & Good execution, you always come out winning
@CryptoTrades
🔰 BREAKING 🔰
$4.8 TRILLION ASSET MANAGER
FIDELITY REVEALS PENSION FUNDS
ARE DIVING INTO #BITCOIN AND
CRYPTO.
Now that the weak hands are out, real news are getting out. Bottom line is Everyone Wants Bitcoin & You can't deny that 🔥 🔥
@CryptoTrades
📊 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