📊 CryptoCap Excluding BTC & ETH 📊
Time Frame - Daily
https://www.tradingview.com/x/OIgpj3iB
Have a look at this weekly chart that I posted on 22nd July. Altcoins market cap fell by 17 Billions since that update and now it's approaching Pivot Support for atleast A relief Bounce (if not for Reversal). You have to take "Off the beaten path" to gain every inch of advantage from Market instead of doing only SR analysis on btc ethereum.
To conclude:- I'm Expecting a relief bounce on alts if that's Blue line Sustains. Manage your trades accordingly. I'll update in case it breaks down.
@CryptoTrades
Bitcoin Scalp Long
https://www.tradingview.com/x/C8R8uF5i
Entry - Current Price
Targets - 29.6k/ 30k/ 30.5k
Stoploss - 28.4k
In the 155 full years that have passed since 1867, on an annual average basis, the US M2 money supply increased in 143 of those years.
In the 12 years where M2 fell, six predate US CPI data, which begins in 1913.
What happened to the CPI during the six years post-1913, when M2 saw an annual average decline?
Each and every time, it deflated.
In 1921, annual average M2 declined by 3.3%, coinciding with annual average declines in the CPI of 10.9% and 6.2% in 1921 and 1922 respectively.
During the Great Depression, the M2 money supply saw annual average declines across 1930-33. The CPI also recorded large annual average declines across this period, with both M2 and the CPI falling by in excess of 10% in 1932.
In 1938, the last time that the M2 money supply declined on an annual average basis, CPI deflation occurred in both 1938 (-2.0%) and 1939 (-1.3%).
Think that the recent surge in annual average M2 growth (+19.1% in 2020, +16.2% in 2021 and +5.2% in 2022) makes this time different?
Let’s look a little more closely at the period covering 1916-22.
Across 1916-20, annual average M2 increased by 15.8%, 14.7%, 8.5%, 14.6%, and 12.0% respectively. This was equal to a cumulative increase of 84.8% across 5 years (vs the cumulative increase of 45.6% from 2020-22).
Nevertheless, a 3.3% decline in annual average M2 during 1921 coincided with a deflationary bust.
With the M2 money supply now down 2.7% on an annual average basis during the first six months of 2023, making it the fastest rate of decline that has been seen since the Great Depression, instead of high inflation.
Conclusion :- Deflation lies ahead for the US economy. Are you prepared to deal with the Great Recession if it strikes
@CryptoTrades
https://blockworks.co/news/aave-curve-exposure
Bad Things happening all over Space
@CryptoTrades
This is just the beginning. Watch what August has in store for us. Reason why Team Audie is sitting sideways. We are short and strong. Don't have to buy the dip all the times
@CryptoTrades
Bitcoin Short First Target ✅
As perfect as it might get. While many got euphoric at 29.6k, we played against the odds and delivered as usual
@CryptoTrades
BREAKING: 🇺🇸 Federal Reserve raises interest rates by 25bps, a 22-year high.
@cryptosignals
📊 BNB Heads-up 📊
https://www.tradingview.com/x/4nunDKv6
Bears managed to break 238 Higher Low and bullish Market Structure. Unless and until this proves out to be Deviation, there's a strong chance that the Huge Bearish flag in the daily Timeframe will breakdown.
Looking Bearish for now
Targets - 230/ 220/ 205/ 180$
Invalidation - 250$
@CryptoTrades
📊 Bitcoin Heads-up 📊
Time Frame - 4 Hour
https://www.tradingview.com/x/QhVDR93X
Sometimes I feel like Btc Market makers are just copy pasting my forecasts 😀. Finally we are on verge of having fifth tap at Range Low support. Fifth tap usually fails to sustain the price action. Imagine the Ruckus when btc breaks 29.5k, Altcoins will bleed hard and btcdom will make impulse Move. We are well positioned. All in usdt as I recommended and having Btc short with Btcdom Long.
Let's watch the reaction at Fifth Tap. Meanwhile move SL to entry on Bitcoin short.
All you have to do to make money in any kind of market is follow the Legend @TheAudieMurphy
@CryptoTrades
https://www.tradingview.com/x/O1GQbysK
Bitcoin Short Setup
I am traveling right now so don't time to post detailed analysis .
My job is to give setups. Managing risk is your job.
@CryptoTrades
While Btc and big caps remains sideways bearish and overall Crypto cap falling (other than btc and eth), some special coins are pumping hard and then dumping from Pivot resistance. Basically whales trying to make some bucks during weekend price action. Will post such 1-2 special setups in Premium
Contact @theaudiemurphy to book your slot
@CryptoTrades
As promised here it is. Make sure to manage risk all the way even if it goes down to fill second entry 💰
Читать полностью…I'll forward a Premium Trade that I just dropped and will most likely hit TPs only if you guys show some interest in my posts and give some engagement
@CryptoTrades
🔰 Curve hacker behind $61M heist begins returning funds
🔰He wrote in a message "I want to clarify that i'm refunding you not because you can find me, it's because I don't want to ruin your project. "I'm smarter than all of you, f*ck.!"
Hacker has returned around $12.7M till now.
Do you guys have any idea who this legend might be 😅
@CryptoTrades
📊 Bitcoin Chart Analysis 📊
Time Frame - 4 Hour (LTF)
https://www.tradingview.com/x/NDy9wFHY
It's been 14 days since I turned all bearish on July 22nd. Since then Bitcoin has gradually moved from 30k to 28.5k while most of the Altcoins dumped 10-20% with increasing dominance. TBH, i was expecting a steep fall by now but Bitcoin is printing Bullish Price action with bullish div on RSI and MACD which bulls have managed to protect 2021 open levels. Reason why I changed bias and gave scalp long yesterday.
Will be posting some Altcoins analysis Today (not essentially buy Setups) but just levels of interest. Also Today we'll cover Total3 chart which is approaching Support levels in LTF. A Update on btcdom will also shared Today.
Stay tuned ❤️
@CryptoTrades
Sorry for much inactivity guys. Will be posting Premium scalp setup in here for free. Stay tuned. Meanwhile give some Love
Читать полностью…📊 Bitcoin Chart Analysis 📊
Time Frame - 4 Hour (LTF)
https://www.tradingview.com/x/ZpBcZaOB
How can it follows the exact lines I've drawn. Moment of Truth is Bitcoin lost 2021 open and it's just a matter of time before acceleration starts. Keep the shorts with sl at entry around 29.5k and wait for all targets to hit 💪
@CryptoTrades
Hold it. Btc volatility is coming. Alts are done for the time being. Btcdom will hit 2500 probably by Sep.
@CryptoTrades
Nothing much in market. It's weekend. Any pumps we get will not sustain as Long as we are below 30k. So they should be shorted with ample amount of Risk Management
@CryptoTrades
📊 Bitcoin Chart Analysis 📊
Time Frame - 4 Hour (LTF)
https://www.tradingview.com/x/GeKKIR4l
Bitcoin Price Action is happening as anticipated. Big players trying to grab buy side liquidity a little above previous Range low which took 5 attempts to break. Our first Short ask has been filled.
Second entry at 30.2k in case of extreme liquidity
Targets - 29.1k/ 28.7k/ 28.2k/ 27.5k
Stoploss - 30.6k
@CryptoTrades
FOMC is happening in 2 hours.
Expect market to go up a little, make fake bounce and dump.
Placing Bitcoin short bids between 29.6k ~ 30.2k
As it's volatile market, so manage risk and use less exposure & leverage
Full setup will be posted later
Stay tuned
@CryptoTrades
https://www.tradingview.com/x/q1HBtVaj/
Here we Go!!
Can you find anyone better than Audie Freaking Murphy ?
@CryptoTrades
Bitcoin update and a potential setup will be shared in next post
Stay tuned
@CryptoTrades
Entering #ETH Short Setup in two entries at 1920 ~ 1883$ (Current Price)
https://www.tradingview.com/x/uupI8xLi
Stoploss - 1951$
Targets - 1852/ 1815/ 1775/ 1725$
@CryptoTrades
Premium Trade
Entering #BTCDOM Buy Setup in two entries at 1680 ~ 1767 (Current Price)
Stoploss - 1640
Targets - 1820/ 1880/ 1980/ 2200/ 2500
@CryptoTrades
📊 Crypto Total Excluding BTC & ETH 📊
https://www.tradingview.com/x/V9WbJINu/
Time Frame - Weekly
I felt the need to post this weekly chart in order to protect my subscribers from people who are feeding Bullish & Hopium views on Altcoins using "Biggest Altseason is on its way"or "Up Only" type slangs. Watch this chart carefully and you will get prima facie opinion on how to trade altcoins till Halving. It should be mostly Bitcoin run till halving and post 3 months of halving (except for 2-3 mini alt runs-). This is not altcoins bull run, neither it is Bear. This is Boring Consolidation Run which tests patience nut eventually will yield greater returns in 2024-25 for those who manages to control the FOMO of going all in at once and invest systematically. Expect Altcoins to consolidate like this for another 10-12 months before they come out of this consolidation zone.
@CryptoTrades