Only Positional Setup TWT is running for now and we have had ample time to accumulate that at lower levels. Other than that , we don't have any Spot or Leverage Long Exposure. Mostly in usdt to buy the dip.
@CryptoTrades
Market Update:-
🇺🇸 Judge denies ex-Binance CEO CZ from leaving US before sentencing.
Also, SEC seeks to prove Binance & founder CZ committed an FTX-style fraud, WSJ reports.
They're all behind CZ in order to clear path for BlackRock and other big players.
We have a small cme gap formed at 38k.
Either we fill that and go to 31-32k region or we go to 31-32k from here itself the way such news are coming out. Stay Safe
@CryptoTrades
Take profits and Close btc short for now. If needed, We'll re short tomorrow from 38kish zone
@CryptoTrades
APE Second Target ✅✅
27% profits so far. Positional Setups never cease to amaze us no matter what type of market it is.
GALA - 35% , DYDX - 45%, APE - 27% so far 💪💪💪
@CryptoTrades
📊 Bitcoin Chart Analysis 📚
Time Frame - 4 Hour
This Price Action is quite similar to Price Action in Aug 2020. I have been mentioning same Fractal for 15 days now. I agree I deviated a little from this fractal in the beginning but the Price action and time it should taken to evaluate my analysis is quite the same.
Maximum one more tap up and Rejection from 38-39k will likely take us to 31-32k. Like i said in previous update that it will take some time till Dec first week & will be needing some Bad news or FUDs to have catastrophic effect. CZ news was one among them. Watch it happen. Its clear and simple.
34-35k ✅ > 38k ✅> 31-32k loading!! > 42-46k
We should plan our trades accordingly unless it crosses 40k first and got invalidated.
@CryptoTrades
First off, squaring off this Ethereum long here breakeven.
I might go up a little and have blow off top but I believe its more like a distribution range than Expansion stage. Not a good Risk reward.
Bitcoin setup will follow next
@CryptoTrades
Bitcoin is okay. No need to panic over 2-3 red h1 candlesticks. It's part of the zig zag game . Long and strong 💪
Читать полностью…I have a big cap setup in my mind. I'll share it with you guys if the current market scenarios prevail
@CryptoTrades
Crypto won't be the same again. They'll change it the way they want to operate. Crypto will no longer be that crypto. What it becomes like a stock/ forex Market.
At least I won't like that.
@CryptoTrades
Close this Bnb Trade for now. Shall not engage into positions during such news.
End of An ERA 💔
@CryptoTrades
The market is good. No need to panic. Bitcoin just filled the cme gap around 36.4k and guess what bnb gave a lovely dip in the last H4 wick and nice bounce so far.
Our spot/lev longs are running and active.
@CryptoTrades
I believe Airficial Intelligence and Metaverse coins will lead the next bull run in Crypto.
AI is exploding in popularity/use & many technological advances are coming from it.
Gaming is becoming more of a norm with Esports making rounds around the world.
A few coins (mid/small caps) will be explored by our team and will be shared with you guys for long term holding. If you guys have anything in your mind, submit your coin choices to @theaudiemurphy
@CryptoTrades
BNB Bullish 🐂
Every dip is worth a buy from now on. Some big whale/institution bought worth 4 Billions and sent in it's cold storage.
DCA zone 220$ ~ 260$ (Current Price)
Target Zone - 280$ ~ 350$
Invalidation - 208
@CryptoTrades
Cme GAP at 38.5k duly filled.
Moreover the volume on this pump is much lower than previous red candles volume. I don't think it will sustain. Circle is almost complete.
31-32k awaiting!!! Will issue a short setup with premium folks when I notice some weakness
@CryptoTrades
Binance Will Delist BTS, PERL, TORN, WTC on 2023-12-07
https://www.binance.com/en/support/announcement/d24dd4a035c443b1ad8cf49f60b9d194
Shit Coins Season is going to be over soon
@CryptoTrades
📊 Altcoins Chart Analysis 📊
#PositionalSetup #4
PAIR - TWT/USDT
Time Frame - Daily
While most of the coins stayed in downtrend till 2022 and started bullish signs from 2023, the story with TWT is completely opposite. It enjoyed its own bull run in 2021-22 while every coin was going South and later faced correction in 2023. Price action nicely held the trendline originating from coin listing date and had a great bounce from 0.70$ to 1.80$. Now nicely retraced back to shopping zone. It will continue pumping as long as 0.90$ holds
Most of the good Fundamental coins between 400-500 Mil Market Cap are reaching 1 Billion M Cap. I see it doing the same though I stick to my Analysis on Bitcoin.
PS :- Buy it only if you can hold it. If it goes down again in the accumulation zone, make sure you add it there instead of panic selling. Not a scalp/swing setup but a positional one.
Accumulation Region - 1.02 ~ 1.18 (Current Price)
Short Term Targets - 1.28/ 1.38/ 1.50
HODL Targets - 1.80 / 2.20/ 2.75$
Invalidation below 0.90$
@CryptoTrades
I do have one or two good setups in mind but i literally feel we are going 32k first instead of 40k, so trying to avoid taking fresh exposure here. Moreover, low cap altcoins pumping indicating Exit Liquidity. They might go for one or two legs up but i don't want you guys to get rekt by chasing these late pumps.
Patience is the virtue. Have usdt exposure for dips.
PS :- Those who are holding by having 6-8 months horizon can hold Positional Setups.
@CryptoTrades
Okay we have had the wick collection around 38.4k, made everyone bullish posting swing long Setups and eventually btc got hard rejection as expected.
I am not flip flopping from my bias and stand with my fractal. 31-32k loading
A short setup was shared with Premium folks and running fine.
@CryptoTrades
Remember this guyssss ?
Don't deviate. I will explain in Bitcoin update next why am I preferring usdt exposure for now
@CryptoTrades
I will be on my desktop today. Will share indepth Bitcoin analysis and market insights
@CryptoTrades
Finally, after months & months of waiting Ethereum is looking better than BTC .
Ethereum has broken out of triangle and all set to make Wave 5 of Elliot Waves theory.
Long Region - 1960 ~ 2081 (Current Price)
Targets - 2140/ 2200/ 2320/ 2480
Invalidation below 1930
@CryptoTrades
For those who were asking about DYDX Trade, it is advised to square off 50% position here at 3.48 and keep remaining with SL at 3.20$
@CryptoTradea
Major highlights from yesterday's US Govt. indictment
1. US Govt. stated that Binance allowed ISIS, Al Qaeda, and Hamas to transact on its platform.
2. US Government bans CZ from engaging & managing Binance operations.
3. CZ facing 18 months in prison as part of his plea deal with the US Government.
4. $1.3 billion in user funds withdrawn from Binance following US Government indictment.
5. CZ released from custody on $175 million bond.
@CryptoTrades
Also don't become stupid. Don't short BNB based on just this news. If cz has stepped down, he must have given it a thousand thoughts and all future course of action should have been decided within team.
We'll take new positions once this situation cools off and price action develops a bit from today's event.
Btc seems ok, so active trade setups are valid so far.
@CryptoTrades
F**kin Big News :-
Changpeng Zhao (CZ) agrees to resign as Binance CEO. Binance will remain the same but many aspects will change. Will forever remain grateful to CZ for everything you have for crypto space.
@CryptoTrades
Also there is a big opportunity for Real World Assets (RWA) like Pendle/ Dusk/ Token to shine.
Stay tuned for all the Alpha updates on what's next big thing in crypto space
@CryptoTrades
What if Binance has fullfiled their Demand.!!
Isnt CZ freaking Richhhhhhhh 💰
Crypto Messiah for a Reason 💪💪
@CryptoTrades
BREAKING: 🇺🇸 US Government seeks over $4 billion from Binance to end criminal case, Bloomberg reports.
Is it a Govt. or a group of Greedy clowns ??
React 💯 if you feel they've turned into clowns lately
@CryptoTrades