A closer look at the projected forecast I made the other day.
Best to book some profits here and watch this reaction. I'm still vouching for this analysis but ain't stupid to afraid the Bull without confirmation.
Profit booking is an art. Whoever excels in it, makes most out of the market.
@CryptoTrades
#Black Friday sale
Premium lifetime @500 USDT 1000
Premium Quarterly @200 USDT 299
https://bit.ly/TheAudieMurphy
📊 Bitcoin Chart Analysis 📚
Time Frame - Daily
https://www.tradingview.com/x/xdFB9b2D
Well Bears finally thought they had their moment after weeks of losing money shorting market but Bulls had other plans. Amazing price action from Bitcoin. One thing to note here is that Price Action is everything, everything else comes later.
Referring to my Analysis i posted 11 days ago, I see no deviation from that plan. I expect Bitcoin to form similiar price action as we witnessed in Jan mid to March mid forming a Bearish RSI Divergence that could stretch for next two months. So the 31k region which I truly believe should be revisited, might take it's due time and we could see that happening in December first to third week.
Meanwhile, some altcoins with strong Market makers behind will keep pumping one after another so our plan should be to catch those instead of shorting Bitcoin for low Risk reward ratio.
PS:- This is my personal opinion and any Trade you take based on this idea, you gotta exercise strict risk management on the same.
For those asking in DMs:- Celr, Gala and Alice Setups are valid and I'm holding them. No worries
@CryptoTrades
Stg was posted exclusively in Premium Channel
To join :-
https://bit.ly/TheAudieMurphy
@CryptoTrades
#STG BUY SETUP
https://www.tradingview.com/x/NMyldBEj
Follow Entries and Stoploss as drawn
@CryptoTrades
https://www.tradingview.com/x/kgbWoaXq
BNB Long hit three Targets ✅✅✅
Approaching fourth and final Target. No BS or scenario based analysis but i post Pure Classic setups yet I feel @CryptoTrades don't get the love it so truly deserves.
Keep showering love and spread the good words with your friends and colleagues
@CryptoTrades
📊 Altcoins Chart Analysis 📊
#PositionalSetup #1
PAIR - GALA/USDT
Time Frame - Daily
https://www.tradingview.com/x/hWf6JkeM
I've been getting number of requests regarding sharing coins from long term perspective. Well, GALA had a pretty beautiful Weekly candle close during October end. I am expecting Metaverse and Gaming coins to pick pace in next couple of days/weeks. A huge Double Bottom structure spanning over nine months with nice liquidity hunt to the downside, I feel like accumulation time for GALA is Likely over and any corrections from here should be Buy opportunities.
PS :- Buy it only if you're gonna hold it. Not a scalp of swing setup but a positional one.
Accumulation Region - 0.15 ~ 0.20 (Current Price)
Targets - 0.22/ 0.25/ 0.30/ 0.48/ 0.72$
Invalidation below 0.12$
@CryptoTrades
I promise we will recover this one. It's ok to lose one after winning a streak for 20 trades. We can't win all the time. That's part of trading.
I share information and setups. Risk management is your part though
@CryptoTrades
The market is taking liquidity to the higher side during the weekend. Need to adjust stoploss on link trade to 12.50 region. Kindly bear the with me. If we hit that, i believe our short setup should be stopped out
@CryptoTrades
I can see signs of distribution on many Altcoins. Can't short them all but good to short some and rest exposure in usdt to rebuy them cheaper.
I don't talk about too much hopium Targets like 100k-200k nor do I become extra bearish like 10-20k target guys.
I feel, this platform should be all about being realistic. So I prefer playing levels. For now, if we talk about Bitcoin, we are in 31k - 37k region. Good Short at 36k as mentioned yesterday and good Long around 32k. No Trade zone in between.
@CryptoTrades
Bitcoin is in the No Trade zone but that doesn't rule out the possibility to trade some Altcoins. Will post some Altcoin setups in Premium and probably share one or two here with you guys
@CryptoTrades
A few hours Later 😂
Stay in usdt for now. I'll post when we rebuy.
Plan is simple. If we get to 35.8kish, we'll short with SL 37k. We we don't get that entry, we'll rebuy alts/ long btc around 31k
@CryptoTrades
Bitcoin trying to deliver me the fractal i wanted. One more leg up max and then 31.5k is what I believe is coming.
Moreover, moves happen during first day of the month fades away easily. I've converted 50% altcoins into stables to rebuy Lower.
@CryptoTrades
SSV Crushed First Target ✅
💪💪
Who wants next free premium setup. For that, I need 200+ reacts on this one
@CryptoTrades
Black Friday sale is running.
Contact @Theaudiemurphy to book your slot
@CryptoTrades
Premium Trade
#GTC
https://www.tradingview.com/x/ciY39RrB
Entering #GTC Buy Setup in two entries at 0.92 ~ 1.042$ (Current Price)
Stoploss - 0.80$
Short Term Targets - 1.10/ 1.20/ 1.36$
Mid Term Targets - 1.60/ 2/ 3.50$
@CryptoTrades
Breaking:-
🇺🇸 US Treasury Official says President Biden's admin wants new powers from Congress to crack down on crypto.
More Bad News. More FUD
@CryptoTrades
Sorry I was busy travelling today so missed all the fun in the Market and missed Easy Btc long Scalp. Bitcoin analysis will be shared in the next post with the likely path it's going to choose over the next few weeks so that we can plan trades accordingly
Stay tuned
@CryptoTrades
https://www.tradingview.com/x/pk4Nz1tP
STG 21% up from entry
Power of Premium Setups 💪💪
@CryptoTrades
#ALICE
https://www.tradingview.com/x/n3xUR4Qg
Entering #ALICE Buy Setup in two entries at 0.85 ~ 0.941$ (Current Price)
Stoploss - 0.78$
Short Term Targets - 0.99/ 1.08/ 1.20$
Mid Term Targets - 1.35/ 1.56/ 1.92$
@CryptoTrades
#CELR LONG SETUP
https://www.tradingview.com/x/xjdKPqGH
Follow Entries and Stoploss as drawn
@CryptoTrades
📊 Crypto Total Excluding BTC & ETH 📊
https://www.tradingview.com/x/PocAyIs4/
Time Frame - Weekly
How many of you remember this Altcoins Market Cap posted by us 4 months ago. Its exactly following the same pattern as drawn. We wont go out of the box at least until the halving. So while market is in distribution mode, these kind of charts gives us additional edge to analyse in which market will move likely.
PS :- Long term holders who have been systematically investing in their Cold Wallets, are advised to keep building as the market give dip entries. For Swing & Scalp trades, its time to convert 50-75% portfolio into stables & wait for better buy entries which i will duly notify.
@CryptoTrades
Premium Trade
https://www.tradingview.com/x/K2LCzKbt
Link Short
Entries between 11.80 ~ 11.28 (Current Price)
Targets - 10.85/ 10.20/ 9.50/ 8.50$
Stoploss - 12.20$
@CryptoTrades
Breaking:-
Sam Bankman-Fried has just been found guilty on all seven charges for operating the fraudulent crypto company FTX.
Question - How wrong can you be proved as a person ?
Answer - Jim Cramer 😂
@CryptoTrades
📊 Bitcoin Chart Analysis 📚
Time Frame - Daily
https://www.tradingview.com/x/lEXMB3s5
In my last Bitcoin Analysis, i posted just a single scenario and it is forming same kind of fractal. 36k almost done. Last night I said, one last leg up and then we see 31.5k. This is that leg. Funding has become way too red giving me euphoric vibes.
Like I said earlier, 36-37k and then 31k. I stick to that. Short setup will be posted only if I see weakness in price action. Won't short green candles.
PS:- This is my personal opinion and any Trade you take based on this idea, you gotta exercise strict risk management on the same.
@CryptoTrades
Taking Profits from all longs and adjusting Stoploss to entry. It's month end so I won't be posting fresh longs. Will analyse Market tomorrow and post setups (long or Short depends on Price action)
@CryptoTrades
Premium Trade #SSV
https://www.tradingview.com/x/AtEAcn8z
Entering #SSV Buy Setup in two entries at 13 ~ 13.98$ (Current Price)
Stoploss - 12.20$
Short Term Targets - 14.90/ 16/ 18$
Mid Term Targets - 20/ 22/ 28$
@CryptoTrades