📊 Altcoins Chart Analysis 📚
Coin - ID (ID/USDT)
Time Frame - 4H
https://www.tradingview.com/x/sGMusDFJ
ID forming Reversal Candles. Has good amount of Fair value gaps to the upside, few of them i believe will be filled if btc doens't lose 25k
Nearest Resistances :- 0.32/ 0.34/ 0.36/ 0.40/ 0.45$
Invalidation - Below Key Low 0.247$
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Interesting Fact :-
Stablecoin Depegs/Fuds has usually resulted in forming local bottoms.
https://www.tradingview.com/x/o6ZIjup2/
What do you guys believe ?
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Premium Trade
Entering #SAND Buy Setup in two entries at 0.36 ~ 0.3916 (Current Price)
Stoploss - 0.33$
Targets - 0.415/ 0.44/ 0.47/ 0.50/ 0.60$
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Breaking:-
US Congressman officially files bill to fire SEC Chair Gary Gensler.
Good move Congressman 🔥
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📊 Altcoins Chart Analysis 📚
Coin - FTM (FTM/USDT)
Time Frame - Weekly
https://www.tradingview.com/x/AHEKDuB4
FTM, one of the strong fundamental coins that has fallen back to weekly demand zone after that Impulsive 4x move since Jan beginning. This phase is similar to Phase between Anger and Depression of psychology of market cycle by wall Street. Though a retest of Yearly Open at 0.2$ is very much likely, therefore this Trade by all means is a positional buy setup and make take 2-6 months to mature
Accumulation Zone 0.16 ~ 0.245 (Current price)
Targets - 0.28/ 0.32/ 0.4/ 0.7/ 1.40
Invalidation - Daily close below 0.15$
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Scanning market. Will be sharing few setups that we might buy Spot to utilise this dip we'll
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Bitcoin Scalp Short
https://www.tradingview.com/x/hduSy2tg
Entry - Current Price 26330
Stoploss - 26555
Targets - 26.1k/ 25750
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📊 Bitcoin Chart Analysis 📚
Time Frame - 4 Hour
https://www.tradingview.com/x/bd3ZHOgn/
Bitcoin has been trading in the narrow range from last 30 days now. We had two deviations from the range (one to upside and one down as explained in the chart). After SEC triggered dump on 6th june, price pumped back hard to retest higher range yet again & failed to smash the resistance. Bears have been trying hard to push the price down but as you can see all the wicks below Equilibrium 0.5 levels were heavily bought. Now price is trading above Previous Weekly Low. As long as it stays above that range, expect it to reach 27k next. Any H4 close below 26340 will open doors for 25.7k.
Trade the Charts, Not the FUD/News.
@CryptoTrades
BTC DOMINANCE
https://www.tradingview.com/x/I5xpiwnp
While whole Altcoins market is crumbling down, Bitcoin is standing tall. Speaks volume about What's coming next for Bitcoin Dominance especially the year preceding to Halving 2024. I didn't Post typical btc.d chart as you guys can't trade that but posted this futures contract chart from Binance.
Take this trade with Stoploss as mentioned
Targets - 1660/ 1695/ 1750/ 1880/ 2400
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Premium Channel longed the bottom
Contact @theaudiemurphy to book your slot
https://bit.ly/TheAudieMurphy
Bitcoin Scalp Long
Entry - Current Price 25k
Stoploss - 24.6k
Targets - 25325/ 25.7k
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📊 Bitcoin Chart Analysis 📚
Time Frame - Daily
https://www.tradingview.com/x/1qKRWJyA/
Well Bitcoin finally fell below 25k even after yesterday's Interest rate pause by FED. Bitcoin is following textbook Price Action. Impact of all political & fundamentals events has duly been incorporated into its Price Action. Yesterday btc broke May Low levels and printed bearish impulsive candle causing price to fall below Fib 0.382 as well. Meanwhile we are making last corrective wave C of Elliot wave theory which will likely find its bottom anywhere between 23.2k (Fib 0.5) to 24.8k.
What to expect in Short Term ?
As long as we are above 24.7k, Expect bitcoin to make bearish retest of May Low at 25.7k delivering some pain to late shorters before next leg down.
Trading Tip:-
In these type of challenging market scenarios for Altcoins, Bitcoins is the true safe haven. If you guys manage to survive 2023 crypto winter, you guys will deserve all the gains Bitcoin delivers when it gets hot around halving season in 2024. Good to start Spot accumulation with lower bids at 23.5k.
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Breaking :-
🇰🇪 Kenya's President calls for African nations to ditch the US dollar for trade settlements.
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Consensus for Year To Year Inflation rate for May 2023 is 4.1%. Data will be released in an hour.
Expecting some volatility to hit the Market so leverage trades are not recommended for the time being
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https://www.tradingview.com/x/XA8K5Qgw/
FTM 8% from entry so far. Take some profits and adj SL to entry as its crucial manipulative week ahead
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Unpopular Opinion:-
We are still in an uptrend when it comes to Bitcoin weekly/ Daily charts. Ignore the noise. Trade level by level.
Meanwhile I'll be forwarding a Premium Channel trade for free next (like i shared btc short on June 10th).
Remain alert
@CryptoTrades
This week will prove how much Power USA Still holds over Crypto. Some significant upcoming events:-
- US CPI on Tuesday the 13th 12.30 GMT
- US PPI on Wednesday the 14th 12.30 GMT
- Fed's interest rate decision on Wednesday the 14th 18.00 GMT
- FOMC press conference on Wednesday the 14th 18.30 GMT
- ECB interest rate decision on Thursday the 15th 12.15 GMT
- US Retail Sales on Thursday the 15th 12.30 GMT
- US Jobless Claims on Thursday the 15th 12.30 GMT
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📊 Altcoins Chart Analysis 📚
Coin - FET (FET/USDT)
Time Frame - Weekly
https://www.tradingview.com/x/odXO9qYx
One of the coins which is making good chart in weekly time frame. Fallen back to Pivot weekly Demand zone in confluence with Fib 0.786. If Bulls manage to survive 0.16-0.18$, region. Expect some relief rally in this one
Nearest Resistances - 0.198/ 0.215/ 0.23/ 0.26/ 0.3$
Invalidation - Daily close below 0.16$
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Btcdom Triggered Second Target ✅✅
I hope you guys are loving the ride with me. Winning both sides
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Btcdom brokeout. Hit First Target ✅
Adjust sl to entry and take partials
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JUST IN: Robinhood to delist Cardano, Polygon, and Solana.
📰 Full Story
@cryptotrades
Binance to suspend USD deposits amid all Sec Drama. The way I see it, it's declaration of war
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Breaking :-
SEC Chair Gary Gensler says crypto is all "hucksters, fraudsters, scam artists."
He's a true Clown 🤡
Idk but all of these things doens't feel bearish anymore.
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