#BTC Daily
It seems that it was engineered Dump yesterday just to hunt stops as they closed daily above the July Low after massive liquidations.
imo minimun 60k is guaranteed
Invalidation - Daily acceptance below 50k
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#RNDR
It held the Institutional reference point as after grabbing the sell side liquidity Support and recovered strongly (47% Approx) from the low. It has to balance the one sided Liquidity offered from 5.5 -6$ which could be the top of this short covering rally.
@cryptosignals
#BTC
BTC held the weekly breaker as Support for now, If yesterday's Low is actually a bottom then i feel bad for the people who sold bottom yesterday in panic.
imo BTC will Target 59950 - 61000 in short term ( Double CME Gap) However it can Dip to 51500 - 50000 again to fill the 0.5 - 0.79 levels of the yesterday's wick if dip happens first then dont afraid to load.
@cryptosignals
#ETH
Like BTC, ETH also tested the Levels as Brisk Speed which was expected to be tested in mid september.
if Market continues to drop further then it can easily dump below 1885 however it can fill the massive Liquidity void to the upside 2980 if market does a relief rally
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#ONDO
It has Tested the Crucial OB+ with range till 0.493 as Support after losing 0.8 as Support. if it holds here then Potential Relief rally till 0.8 is possible
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JUST IN: $1,000,000,000 liquidated from the cryptocurrency market in the past 24 hours.
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It seems that #ETH wants to grab the stops below equal lows 2810 before reversing.
@cryptosignals
#BTC
Well BTC breached all the Support levels upto 60.5k in a single daily candle before bouncing back up, This move has balanced the imbalance of the Daily FVG lying between 62.3k -61.5k and tapped the top of lower FVG.
i know everyone is bearish right now and they are totally justified considering the Shitty Price action of BTC.
But if u analyse the chart properly then u would see that BTC is Still Trading close to range low. its a basic Trading principle that never short the range low unless proven otherwise.
imo we can see short covering rally in the weekends followed by pullback on monday
@cryptosignals
#BTC
BTC closed daily above 63254 which means that yesterday's dump was actually a mere sell side liquidity grab and in this process BTC grabbed the Stops below PWL, Equal Lows and tapped the Top of daily FVG and bounced back up 64k.
imo we can see a strong short covering rally upto next weekend before dump again till end of August.
Resistance Levels - 65.4k -66.7k - 67.3k - 68.2k
Support Levels - 63254 - 62.3k - 61.5k - 60.6k - 59.8k
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Okay Guys and girls this is it:-
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#TOTAL excluding BTC & ETH
Look How ALts Market cap recovered after tagging the OB+
Weekly close above 513B will be very very bullish for alts Or close below will result in mid term consolidation
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#ONDO
ONDO tagged the Low of OB+ 0.5 (Approx) and now heading towards the 0.8$
Flip 0.8$ as support then 1$ is next
@cryptosignals
#BTC.D reached the 57.2 level, The future of Alts depends on this chart if it keeps on going up then Alts will have very very tough time ahead Or Vice Versa
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#RNDR
#RNDR grabbed the weekly Sell side Liquidity and tagged the Weekly Institutional Reference Points as Support. if it doesn't stop here then next zone of interest is 2.6 - 2.4$
@cryptosignals
#LINK
Link tested the Top of the Range from where it breaks out in October 23 as Support
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#BTC
BTC needs to hold Blue box as support after analysing the same levels in Weekly
@cryptosignals
Honestly Speaking the levels which BTC has Hit today is expected around Mid September But not at this speed.
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JUST IN: $366 million liquidated from the cryptocurrency market in the past 60 minutes.
Читать полностью…#FTM Update
FTM dipped with the whole market, However its holding strong, I am not selling here as price is just testing the HTF PA.
if u are in then DCA and if u are not in then its a good zone to buy @0.389
@cryptosignals
🩸 $2.9 TRILLION wiped out from stocks today due to fears of a global recession
The worst day since 2020 Covid Crash
@cryptosignals