Open Interest of CME + BINANCE + OKEX + BYBIT hit All Time High
Historically when It reached major resistance, price followed by a correction of 20-40%
@CryptoTrades
Found something very interesting on my Trading View Feed today. This thing exactly matches with my view on Bitcoin. Have a look :-
With the recent move to 52k+ prices, some have claimed the #Bitcoin 4-year cycle is now out of the question.
Their evidence, the .618 cycle retrace.
This retrace has marked the mid-top for each cycle, a point that comes in the middle of the cycle and brings large corrections (40 - 54%) and sideways periods.
Price has now surpassed it seemingly defying the rules.
But what if this is standard? There is a chance it may be.
The best way to measure these retraces is from weekly candle bodies, which allows us to include Cycle 1.
When we do this, we find that cycles have always made two primary tops above the .618.
This would have made 49k the first, and the second is in progress.
The amount that each cycle has risen over the .618 has been between 6 and 26%. This cycle is at 13.5%.
Even a weekly candle close occurred in 2016, making our close above not out of the ordinary.
The cycles aren't derailed just yet
@CryptoTrades
Finally BNB Broke out. BNB Long was shared with premium folks along with many other calls as I can't spam & promote all the successful calls here in public forum.
To Join :-
https://bit.ly/TheAudieMurphy
BNB Swing Long
Entry Current Price 321.6$ ~ 295$
Stoploss - 282$
TPs - 335/ 350/ 370
Hodl Targets - 450/ 600/ 1000
@CryptoTrades
ERC404 build could be as big as BRC20 craze few months back. ERC404 is an experimental mixed ERC20/ERC721 implementation with native liquidity and fractionalization for non-fungible tokens.
While tokens like $Pandora, $Cell, $NPC are main plays and have already given multifold gains but My First pick here would be #BAKERY404 (BAKE). Its a very micro cap gem with Market cap of 1.8 Mil$ so choose to invest wisely (invest small)
Contract Address - 0x44FAcE2e310E543F6D85867eB06FB251e3bFE1fC
Buy Zone - 0.01 to 0.0183 (Current Price)
Targets - 2x - 50x
@CryptoTrades
📊 Bitcoin Chart Update 📊
Bitcoin ran hard. Didn't give f**k to my fractals. Well it's ok, sometimes you win and sometimes you learn. Though btc analysis didn't go the way I wanted but not point being mad at it as no SHORT call was given + our Accumulation coins gave good dip entries (which I insisted you guys to take). It's a win win situation for us. I expect altcoins to follow btc path, so even we've missed btc, we won't be missing altcoins.
PS :- Flush in March 2024 can't still be ruled out 😏 so always have spare capital ready to deal with these kind of adversities.
@CryptoTrades
PAIR - AMB/USDT
Direction - Buy (Long )⬆️
Two Entries between 0.0074 ~ 0.00835$ (Current Price)
Stoploss H4 close below 0.0068$
Targets - 0.009/ 0.01/ 0.012/ 0.015/ 0.018$
@CryptoTrades
📊Bitcoin Chart Analysis 📊
Time Frame - 12 Hour
No change in Bias or Trend. Price action performing exactly as I anticipated. 45k zone should be tested as btc is making picture perfect Head and Shoulders. Btc might take some time at 44-45k zone, meanwhile Altcoins pumps somewhat 10-40% and then the Final Reset. We'll try to take advantage of this bounce.
PS :- #DYOR before investing or Trading per our recommendations
@CryptoTrades
Furthermore I have a question.
After exploring some projects and digging deep, our team has prepared a list of such small cap gems. Do you want me to share such Low cap coins (5-20 Mil Mcap) that have potential to go big and list on Major exchanges eventually.
To tell you in advance before you vote, investing in these coins involves an inherent risk of losing funds but rewards are usually delicious so invest only that amount which you're ready to invest and forget.
Yes , We want these coins ❤️
No, We are happy Trading Binance Coins 🔥
@CryptoTrades
Breaking:-
BlackRock & VanEck are now advertising Spot Bitcoin ETFs on Google following new policy update.
@CryptoTrades
📊Bitcoin Chart Analysis 📊
Time Frame - Daily
So it was indeed the deviation Below 40k and Scenario 1 followed. I should've seen that one as it looks so clean now and market mostly runs on liquidity. So it means we going further up towards 44-45k and fill that inefficieny before that halving crash.
I've tagged the Post where I've explained how Price action should perform in next 4-8 weeks. Altcoins can pump 10-40% during btc time at 45k so make sure to book profits there when they distribute. I'll be posting some Trendy and hyped coins setups, if anything suits me.
PS :- #DYOR before investing or Trading per our recommendations
@CryptoTrades
Sadly 40k didn't hold. Our swing long stopped. Didn't expect this kind of sell off before we hit 44k atleast. I still feel this sell off is to make everyone believe that ETF was Sell the News event so that they could buy their bags at lower prices but since we have closed daily below 40k, i wouldn't risk taking btc or alts long here unless if we reclaim 40k and this move end up as deviation or we will buy around 37k
@CryptoTrades
📊Bitcoin Chart Analysis 📊
Time Frame - 4 Hour
Surprisingly Bitcoin lost 2024 open, so things changed here. Expecting Bitcoin to be range bound for next 2-6 weeks before any impulsive move. So far, btc nicely grabbed liquidity around 40-41k region (Good Demand Zone). Therefore taking more consolidation time to mark it as good support. Our Bitcoin Long from Jan 12th with Avg entry 43.1k is still running as we have not hit stoploss. This should be the future course of Price Action that I am anticipating.
1. We fill Inefficiency around 45k as in Lower time frame, all indicators hinting towards a bounce. We will close our longs there.
2. Distribution at 45k zone, slow selling.
3. Rejection from 45k, hitting 40-41k zone, eventually break it and hit lower and most important inefficiency around 37k, makes everyone bearish there and maybe have one wick (32-34k) that we usually get before halving
4. AND THE Bull Run continues
Manage your Trades accordingly
Love
Audie❤️
@CryptoTrades
Vanry First Target ✅
12% spot profits so far. Take partials and keep holding remaining positions. This coin is a gem poised to deliver colossal gains
@CryptoTrades
It was boring the last few days in the market. Expecting the Market to gain some momentum today. Will post one or two setups (including one special setup like XAI, SEI, SUI)
Stay Tuned
@CryptoTrades
Amb First Target ✅
It's just the beginning of what's about to come. Hold it and enjoy the ride⚡️📈💰
Bitcoin remained the most popular ETFs on Wall Street again this week.
@CryptoTrades
Note :- This is not the Bake coin available on Binance but a different one. You can buy it on Uniswap
Читать полностью…📊Bitcoin Chart Analysis 📊
Time Frame - 4 Hour
Bitcoin Bulls outperformed and managed to break 50k psychological Resistance. Will it manage to hold 50k and move further towards Value Gap around 55k or will it test lower levels of Interest First. TBH, with this kind of wild PA, nothing can be ruled out. However, i have just drawn levels of Interest for BTC which should be tested before the continuation. If market gives us opportunity, it will be good to accumulate some bags at those levels. As long as Bitcoin is in 49-52k range, Altcoins will flourish.
@CryptoTrades
PS :- #DYOR before investing or Trading per our recommendations
@CryptoTrades
37% Profits on IMGNAI so far. I guess I have just cracked the next big narrative in crypto.
Erc404 might be the next big thing in crypto just like brc20 craze few months back (most of the coins did 10-100x like ordi, sats, rats). Erc404 is very early Trend (few weeks old). Will post some alpha coins that might go 10-100x in coming run.
Stay tuned
@CryptoTrades
🔰 Small/Micro Cap Gems 🔰
Coin - Image Generation AI (IMGNAI)
Market Cap - 15 Million
Exchanges - Uniswap/ Bitget/ MEXC/ Lbank
Buy between 0.014 ~ 0.02 (Current Price)
Targets ranging between 50% to 5x
Invalidation below 0.012
Invest small in these small projects and If we get lower Entries, make sure to get more.
@CryptoTrades
https://www.binance.com/en/support/announcement/f73b083ba6834771b07dbe5319917ae5?utm_source=AnnouncementTG&utm_medium=GlobalCommunity&utm_campaign=AnnouncementBot
Can't believe XMR made the list. Make sure you're not holding any one of these
@CryptoTrades
📊Bitcoin Update 📊
Markets have become pretty stale and boring since the ETF thing. Btc is doing exactly as I've mentioned and I can see signs of distribution. This may take a further 1-3 weeks before we see 37ks. This looks more like a traditional market than the Crypto Market for now.
I just don't want you guys to get trapped in this relief bounce as when it ends and whales shake out, they'll try to eliminate all the retailers before the penultimate pump. So, I'm out of the positions for now. I've been accumulating Long Term Hodl coins for 2024-25 and DCAing them, if getting better entry. You're advised to do the same.
@CryptoTrades
📊 Altcoins Chart Analysis 📊
Coin - XAI
List - Trendy/New Listings
Time Frame - 4 Hour
Expecting XAI to retest 1.05$ region while Bitcoin is in 42-45k zone.
If you guys want to take scalp (It's risky though), you can take with Targets as 0.90/0.98 and 1.06$ and Stoploss as H4 close below 0.80$
However I Would suggest positional Setup for long term holders
Limit Entries between - 0.52 ~ 0.67$ (Expect it to get hit roughly before Feb ends)
Short Term Targets - 0.75/ 0.85/ 1$
Mid Term Targets - 1.20/ 1.80/ 3$
Invalidation H4 close below 0.45$
@CryptoTrades
📊Bitcoin Chart Analysis 📊
Time Frame - Daily
After that Sell Off on 22.01.2024, Things have changed quite a lot. BTC halving is in 84 days and history says Bitcoin usually form bottom before the halving. So We have 3 Scenarios here.
Scenario 1 - Explained with Green Line
Scenario 2 - Explained with Orange Line
Scenario 3 - Explained with Red Line
I think we will most likely see Scenario 2 happening and likely bottom formation in Feb First three weeks.
Whats your say ?
Scenario 1 - ❤️
Scenario 2 - 💯
Scenario 3 - 💔
@CryptoTrades
Cme gap at 39.6k has been duly filled. Watching daily close today. Let's hope it doesn't close below 40k as closing Below will create mess.
@CryptoTrades
Vanry Target Second ✅✅
21% Profits in few hours
I don't see people happy here over special setup 😏
@CryptoTrades
📊 Special Trade Setup 📊
#VANRY
PAIR - VANRY/USDT
Two Entries - 0.052 ~ 0.057 (Current Price)
Short Term Targets - 0.062/ 0.068/ 0.075
HODL Targets - 0.09/ 0.12/ 0.18$
Invalidation on H8 close below 0.048$
@CryptoTrades