Glad I kept my Short and thanks for those DMs who kept me motivated and held this short position with me. Have a look at the nasty Weekly candle btc is printing. If weekly closes below 63k, then 37k is Pretty much still on the table 💪💪
However the crypto market is wild lately, so whoever held that short, take some profits out and have stoploss above 66k.
@CryptoTrades
🚨🚨🚨 BREAKING : Twitter, YouTube, Google services, WhatsApp, TikTok and other popular services are recording outages all over the world.
In the Red Sea, 4 out of 15 submarine cables providing global Internet and telecommunications are critically damaged, – HGC Global Communications.
Crypto World is responding to this news, and it could also impact crypto exchanges. Be cautious with your positions.
@CryptoTrades
Bitcoin Short Update:-
Last H4 closed at 66.5k. our trade is pretty much on. I had anticipated 65k-66k liquidation zone to get filled but it went a little higher. Just btc things. We have final liquidation at 67.9k also. I won't be surprised if btc goes towards filling that on first. Don't be mad just because we've hit the second entry on the swing short setup. If you've Aped in, do it properly. Risk reward is beautiful. Time will tell if we win.
All the ponzis that ran hard will dump harder. I'm short on many altcoins right now like Wif, SLP but can't short all short setups so that's my personal trades.
You guys can take btc short and link short if you like. Adjust btc short stoploss to H4 close above 68k just in case
@CryptoTrades
Breaking:-
🇺🇸 US national debt increases by $1 trillion every 100 days.
@CryptoTrades
And not to mention. All the meme coins like Floki, Shib, Bonk, Meme, Doge flying 50-100% marking the Local top in Bitcoin. We might not have heavily enjoyed the last 2 weeks of firecrackers but as I've said earlier this is not Alt run yet. Don't let the market & the fear of missing out drive you crazy, rather wait and let the market come to your entry price which I am certain, it will. We'll heavily invest in Bitcoin/Altcoins along with other major players when most of the other trades will be rekt/ Liquidated in their respective positions. Stay tuned.
@CryptoTrades
Even H4 couldn't be closed above Monthly High (61.3k) and see how crazy profit booking happened . Alts didn't pump with Bitcoin but dumped hard in this reset. Therefore it is advised to not touch alts for now. We'll load them all at dips for 2024-25 bull run.
Читать полностью…📊Bitcoin Chart Analysis 📊
Time Frame - Monthly
Well Bitcoin keeps on pumping, not giving Fu*k to any Resistance whatsoever. Here comes the most important resistance (Monthly High Candle close). Last time btc retraced significantly after tagging monthly high. We have weekly FVG till 62.6k, if Bitcoin wants to follow red path, then sweeping that makes sense.
However if we get Feb monthly candle close above 61.3k, then we should forget about flush and enjoy the alt run which is pending as Bitcoin is pumping hard with increasing dominance.
Manage your trades accordingly
What do you feel
Green Path 🔥
Red Path ❤️
@CryptoTrades
Meme Coins might go insane during the next week or so
Longing some 1000Rats
Entries 0.255 ~ 0.28 (Current Price)
Targets - 0.3/ 0.32/ 0.35/ 0.40$
Stoploss below 0.24$
@CryptoTrades
📊Bitcoin Chart Analysis 📊
Time Frame - Daily
I know you guys are not happy for missing out last week's Altcoin pumps and your disappointment over that is justifiable but here's the thing. I've marked out potential levels of interest for Btc. I personally believe btc should retest atleast 37k region anytime before Halving after which it should resume Bull Run. I know we've taken profits on Altcoins a bit early but there are always two scenarios. Either you keep playing alts aggressively knowing this maybe final leg, take some profits, rotate them & eventually getting trapped somewhere you've bought at local top Or you take profits a bit earlier and then wait for the Drop. We are kinda doing the second thing so I'm okay being bored and patient here instead of getting rekt buying top.
#StaySafe
@CryptoTrades
Bitcoin Fear and Greed Index is 78. Extreme Greed
Stay Safe from Leverage Trading
Current price: $52k
Binance to End Leveraged Token Services by April 2024
Binance has scheduled the closing of its leveraged token trading and services on February 28, 2024.
This will be followed by the discontinuation of redemption and delisting on April 3, 2024, affecting pairs like BNBUP/USDT, ETHUP/USDT, and BTCUP/USDT.
@CryptoTrades
Two of the few Ponzis I mentioned I was heavily shorted yesterday. It's all a circle. Once you detect it, you will know how to break the chain.
As I said I'm still holding my btc short with weekly purview and will close it Only if it does a weekly candle close above 66k. I got many enquiries like what's my invalidation on weekly so here it is.
I reiterate that real alt run hasn't even started yet and I do hope we'll get our Dips when the big houses enter. This dip is not for buying.
@CryptoTrades
I get it. You guys are mad. Stoploss hit. Time to move on as we can't stick to one trade but I'm Still holding it with a weekly purview as my Leverage is controlled. Channel trade is officially stopped
Читать полностью…A Fast Upward movement followed by meme coin rally is never a good sign. Don't shoot the messenger 😏
Читать полностью…Bitcoin Short Setup.
Reasons Why I was out of the Marker for the past two weeks and didn't quite enjoy the fireworks in btc and alts :-
1. Overheated Funding rates indicating a Flush/crash
2. Normal cycle of Bitcoin flushing a few weeks before the Halving event in order for new players to enter and Liquidate stop hunt small fishes
3. Open Interest hitting ATH signifying a major correction on the way
4. Greed all the way above 80, first time ever since 69k ATH
5. All types of bearish divergences forming on RSI, MACD and other Major indicators
6. Most importantly We didn't close monthly candle above 61.3k
I didn't open the short position till now as I didn't spot any weakness in price action till now. Btc can still fill inefficiency and Liquidation heatmap around 65k so we will use stoploss above that
Entries - 61.5k (current Price) & 65k
Invalidation H4 close above 67k
Targets - 59k/ 56k/ 52k/ 48k/ 42k/ 37k
PS:- Ultra bulls might call me idiot for sharing this short but it is what it is❤️
@CryptoTrades
📊Bitcoin Chart Analysis 📊
Time Frame - Daily
Monthly candle close in 4 hours from now. Closing above 61.3k will change things and we'll start positioning ourselves. Though looking at all kind of bearish divergences, over exxagrated fundings, RSI, it feels like March should be correction month but can't play against the Price action as PA is the king in any kind of Market.
Let's see how we close Feb monthly today. See you guys
@CryptoTrades
BREAKING: 🆘 Nigeria detains #Binance executives in cryptocurrency crackdown
@CryptoTrades
$DYDX gave enough time to accumulate. Hit all short term targets. 60% Spot Profits so far 💪💪💪
@CryptoTrades
📊Bitcoin Chart Analysis 📊
Time Frame - 4 Hour
Btc finally broke H4 EMA50. If we have 2 consecutive candles close below it, then a potential move towards 49k liquidation levels is imminent. Even if we get lower first, there is still some chance that pa will hit higher liquidity around 53-54.5k before the inevitable Halving Flush.
So there are basically two views.
I personally am with Red view. What's yours
Green 🔥
Red ❤️
@CryptoTrades
PS :- #DYOR before investing or Trading per our recommendations
@CryptoTrades
💲 Circle has announced that it will stop supporting for #USDC on the Tron blockchain, and USDC will no longer be minted on the Tron starting today.
Something big is coming that we are unaware of
@CryptoTrades
Flush/ Crash/ Reset, by Whatever name you call it, is imminent.
How to avoid making loss if flush happens in Feb end or March beginning?
1. Have stable coin exposure (Atleast 50% of your Portfolio)
2. Avoid leverage trading till funding fee resets.
3. Have limit dip orders of Trendy coins like AI, XAI, AGIX, FET, MANTA, WLD wtc down 20-40% from current price to encash the flush.
PS :- we can't deny a fake move towards 54-55k before the flush to carry some later longers & Liquidate/stop hunt them
@CryptoTrades