Big selling pressure is potentially coming next week🚨
FTX will likely get approval to liquidate its assets on Sept. 13.
FTX had $3.4B in crypto in April. The proposed plan is to sell assets worth up to $200M per week.
@cryptosignals
Share ur POV 👇
https://x.com/cryptoatal/status/1700061869866652059?s=46&t=YQ75w3pM39NGFUEL7Azrxw
https://www.tradingview.com/x/fqdkCwhO/
#BTC #BITCOIN
BTC tagged 26.3k and Almost touched 26.5K which means it has grabbed the supply offered by the August Dip Buyers, At the same Time all the PA is happening below the MA's and Price is consistently tagging support around 25k but somehow holds the level for Bounce and making Lower Highs which means its Distribution stage (Stage 3).
So its better to say on sidelines and wait for either break of support to enter Stage 4 (Decline) Or wait for reclaim of Uptrend (Stage 2).
So plan is still same i.e load the Dips 23.6k - 21k once 25k breaks Invalidation Daily close above 28300
@cryptosignals
Ps:- I think ETF wont get approved till the beginning of 2024. So Don’t get Euphoric about these news as SEC will Delay no matter What.
Moreover Market is testing lower and we are yet to see any bad news which means this is not the Bottom.
So wait for ultimate Fud/Fear to Load aggressively.
@cryptosignals
Capitulation comes when u least expect that. Don’t Buy the 12k Memes
Stay Safe
@cryptosignals
https://www.tradingview.com/x/GIM4NeYz/
Well Its Monday Volatility as Marketing Targeting the Buy side Liquidity first. If price find acceptance below 25802 then continuation lower is highly Likely. Moreover if Accepted below then this move is a mere short squeeze to trap the weekend and Monday Shorters, Orderbook also getting heavier around 25.9k - 26.2k.
@cryptosignals
https://www.tradingview.com/x/KwnkLvDx/
#BNB
BNB Looking heavy either its goes down from here or Scam pump towards 224 FVG before continuing Lower towards 208 - 195 - 184$
@cryptosignals
Yesterday it Was National Holiday in US so expect Monday Volatility today once US Session begins.
@cryptosignals
https://in.tradingview.com/x/wBgcy0kw
#BTC
What did i say? Stay on sidelines and wait for the Dip.
Its distribution
@cryptosignals
https://www.tradingview.com/x/3h6tve4N/
#BTC
It has Also Tagged the daily Imbalance area between (26156 - 27017) so either it can Push up more towards 26800 - 27100 to balance the Price delivery Or Start Retracing from here.
@cryptosignals
https://www.tradingview.com/x/ulP3zB3I/
#DXY
DXY flipped 104.7 as Support and now its heading towards March High 105.88. Guys Trust me If DXY flips March High as Support then expecting a impulsive move towards imbalance 108.44 - 109.45 isnt a crime.
if Impulse happened then there will be Blood Bath in Stocks, Crypto and commodities. Keep an eye on #dxy
@cryptosignals
https://www.tradingview.com/x/X7Uwp68z/
#BTC #BITCOIN
Well Daily Chart is still Bearish but its still Holding above YTD AVWAP although it went below that yesterday. So plan is still same i.e load the Dips 23.6k - 21k. However Yesterday Sell Side Liquidity grab has created a probability of Bounce towards 26.3K - 26.5k but overall its still bearish.
At the Same Time Steep declining Daily MA50 crossed below MA100 and getting closer to MA200 which may take a week or 2 so i am still Expecting Correction lower in 2nd Half of September.
@cryptosignals
WLD LONG
Lev - 5x
Entry 1 - 1.168 (CMP) (50%)
Entry 2 - 1.10 (50%)
Targets - 1.23 - 1.30 - 1.44 - 1.72 - 2.20$ (20% each)
Stoploss - Hard Stop 1.01$
@CryptoSignals
https://www.tradingview.com/x/tQHdaoJ5/
Well as i said its just hunted the buy side Liquidity see how it falls after that. plan is simple Claim 25802 as support else continuation lower is likely.
@cryptosignals
https://www.tradingview.com/x/IV6zoyTd/
#DOT Spot Setup
This is the first One i ll buy and add to my long Term Bags for Enormous gains.
Entry 1 - 4.11 Limit entry (20%)
Entry 2 - 3.85 (40%)
Entry 2 - 3.36 (40%)
Targets - 4.74 - 5.11 - 6.09 - 7.51 - 10$
#HODL Targets - 15 - 20 - 28 - 40$
Note :- Buy only if u can Hold for long term, These Setups are not meant for Day and Mid Term Traders
@cryptosignals
Many Members asked about Alts Accumulation entries for Long Term. Well i am going to post some Fundamentally strong coins Entries which i will start accumulating once BTC grabs the liquidity resting below june low 24800
@cryptosignals
https://www.tradingview.com/x/7B1wDT24/
#BTC #BITCOIN
Well BTC is still Holding above 2023 AVWAP as Support which means once it loses it as Support then BTC can easily dump to grab the Liquidity resting below June Low 24.8k or in case of aggressive dump it can easily fill the massive imbalance ranging between 23.8k - 21k. BTC also has CME Gap around 21.1k - 20.4k and moreover 2023 OTE also coming in between 22.4k - 20.9k which makes me think that there is high Chances of Price Visiting anywhere around 24k - 20.9k. However BTC can Retrace towards 26.8k - 27.1k before continuing lower.
Saying it again Make sure u buy the dips when they comes as its highly likely that the upcoming dip may be the last before the Halving.
Dont buy the 12k memes
@cryptosignals
COMBO LONG
Lev - 5x
Entry 1 - 0.514 (CMP) (50%)
Entry 2 - 0.47 (50%)
Targets - 0.545 - 0.58 - 0.68 - 0.80 - 1$ (20% each)
Stoploss - Hard Stop 0.44$
@CryptoSignals
JUST IN: 🇺🇸 SEC delays Valkyrie, WisdomTree, and Invesco Spot Bitcoin ETF applications.
@cryptosignals