📊 Altcoins Chart Analysis 📚
Coin - INJ (INJ/USDT)
Time Frame - Daily
Bias - Neutral ~ Bearish
https://www.tradingview.com/x/IdLvivh6
Has been Bullish on Inj Since it was Trading around 3$ and it went on to deliver three times multifolding gains. Now that local High has been established, we can see buyers getting exhausted and losing control over it.
If we look at Daily TF, Lower High has been constructed at 9.10$, so it will most likely not break this LH to the upside considering current market scenario. Any bounce till that LH is short the Bounce. I expect it to reach MA50 in daily where we do have big order block around
Target - 6$
Invalidation - 9.25$
@CryptoTrades
Good morning World. Still waiting for Zone 1 to fill in before taking a long postion.
Latest btc update rolling out
Stay tuned
@CryptoTrades
Entering #RNDR Long Setup in two entries at 2.22 - 2.345$ (Current Price)
Stoploss - 2.14$
Targets 2.40/ 2.48/ 2.59/ 2.75/ 3.50$
@CryptoTrades
📊 Bitcoin Chart Analysis 📚
Time Frame - Daily
Bias ~ Micro Neutral, Macro Bullish
https://www.tradingview.com/x/9GuiUbms
Back with the charts after a week hiatus since price action was too boring and choppy. Now that it got interesting again, i think time has come for us to start using Trading Fingers after staying idle for a week or so. Let's talk about Btc first. A ugly Candle being printed by Bitcoin today. Two zones I'll be looking for some longs
Zone 1 :- 26.6k - 27. Basically price range between Fib 0.382 & Apr swing low. Also we have daily MA50 here. Start adding small longs here
Zone 2 :- 24k ~ 25.2k. Marked green implies the area between Fib 0.5 to Fib 0.618 just above the big Order Block. I'll be looking to book Major longs there if we will be fortunate enough to get that pullback.
PS :- Whatever you guys do, do with proper Risk management as 24-25k is very much plausible.
Invalidation is Daily close below 23.8k
@CryptoTrades
#Liquidations
In the past 24 hours , 55 007 traders were liquidated , the total liquidations comes in at $226.79 million
The largest single liquidation order happened on Bitmex - XBTUSD value $5.05M
Don't be one of them. Be in USDT as specified and secure your funds
@CryptoTrades
Btc smashed 28.5k and reclaimed as support in one go, thanks to First Republic Bank collapse. Not gonna be a buyer here but will be definitely buying pullback to 28.5k zone.
@CryptoTrades
No change in Bitcoin price Action. Void at 24-25k is destined to be filled. Any bounce we get is worth shorting unless we reclaim 28.5k as support. Rising Bitcoin Dominance is giving magnitude effect to Altcoins price action mere 1-2% fall in btc is causing 5-10% fall in Altcoins prices.
Luckily we are out of Market for good and all in stable coins for now
@CryptoTrades
Timely exited all longs. Wait for pullback to 24-26k before trying to get it. Don't catch the falling knife
@CryptoTrades
Poor Price Action from Bitcoin. Need to reclaim this ascending Trendline else Bearish scenario is invalidated and we might see 25k in short term
@CryptoTrades
Breaking:-
Tesla reveals none of their $321,000,000 Bitcoin was sold in Q1 2023.
@CryptoTrades
From Today onwards, New scalp and swing setups will be posted on Premium Channel mostly. Public Channel will be kept for Information purpose or some positional Trades like Altcoinsummer
@CryptoTrades
#4 RDNT
https://www.tradingview.com/x/ReNSPnJU
RDNT hit both entries. Avg entry - 0.4475$
Still bullish on this one as we haven't fallen below support and no H4 Closed below 0.41$.
Setup remains very much valid and bullish. It is very close to stoploss but somehow I'm pretty confident on survival of this setup
@CryptoTrades
#2 REN
https://www.tradingview.com/x/mnB3onHW
Nothing changed for REN even after today's massive sell off. PA is well above ascending Trendline. Good for us to accumulate more on this dip. Stoploss and Targets remains same
@CryptoTrades
I'll be updating Altcoin Summer coins today as most of them might be hitting lower entry, thanks to today's sell off in Crypto markets
@CryptoTrades
Most of people that made money out of PEPE will lose because of their greed just like what happened to APT bulls at 20$ price. If you guys have made profits on this memecoin, first thing to do is secure it. Making money is easy, the hardest part is to keep it, to learn how to keep it while still playing requires a lot of years of experience & perseverance
@CryptoTrades
Rndr long shared with Premium Folks last night and it's grinding TPs
https://bit.ly/TheAudieMurphy
The last Google Authenticator update is asking you to connect a Google account in order to backup your 2FA in the cloud. Guys, please, AVOID.
There is no need to add this layer of insecurity to your 2FA
@CryptoTrades
Open interests on several Altcoins has fallen massively in past one hour. Was going to bed but this price action made me want to check some alts for potential dip buys. I'll be posting some dip buys limit order. You guys can Follow and wait for fill.
Stay Tuned. For clarification, we are all in usdt for now
@CryptoTrades
Do not take any action for now. News based pumps and dump looking scammy and ruining the whole price action process. One of the reasons why we are sidelined.
I repeat do not try to catch this falling knife. I'll update when to buy
@CryptoTrades
Breaking :-
Binance US terminates $1 billion deal to acquire bankrupt Voyager Digital's assets.
@CryptoTrades
https://www.binance.com/en/support/announcement/335c1f4b79fd456abc9a8be8aa776350?utm_source=AnnouncementTG&utm_medium=GlobalCommunityl&utm_campaign=AnnouncementBot
Good news for spot Traders
@CryptoTrades
Not worth buying the dip anymore u guess. Btc is showing no conviction at all. Looking very weak and unusual.
Better to book small losses than standing with your bias knowing charts and everything indicating otherwise.
Most of people who are holding some coins in 5-6% loss won't be able to digest it but they'll realise it when LTF bear run ends. IMO Top came in before everyone was expecting but we have to adapt to what the market is screaming.
All longs and spot buys stand closed here in 5-10% losses.
Will be buying either around 24-26k zone or if btc reclaims 29.3k as support
@CryptoTrades
RDNT UPDATE
https://www.tradingview.com/x/hVFtwC9b
Glad I remained confident bullish instincts. Its well above entry despite Bitcoin dump and other Altcoins price diminution.
Hold for Targets
@CryptoTrades
PS :- As Long as Bitcoin Bulls manage to close H4 candles above 28.5k, i don't see any trouble in holding Btc and Altcoins.
Though Bitcoin seems to be King here will likely outperform majority of Altcoins, my 30-50% of spot portfolio is in Bitcoin. Remaining in stables and Trendy Altcoins that I'm sharing with you.
Follow the strategy and you'll never lose money no matter how south market against you.
Become a Trader/Investor, not a Gambler and then market is for you Only
~Audie
#3 LQTY
https://www.tradingview.com/x/n1q4zu0s
Well something's changed for LQTY as it fell below the trendline. If Bulls manage to Pump btc back above 30k in a day to two, it'll most likely flip trendline and all this price action might look like Deviation. However, if btc falls below 28.5k, expect it to get stopped .
Targets remains same
@CryptoTrades
#1 ATOM
https://www.tradingview.com/x/jcip4FOq
Atom followed Red drawing as I had already said in the post most likely. Good to start accumulating ATOM here with Mentioned Targets and Stoploss.
@CryptoTrades
Local fluctuations. Our btc long remaining positions stopped at entry. We'll re enter when the mess is clear.
@CryptoTrades