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BTC UPDATE:- BTC is going perfectly as we expected. Breaks out from the triangle and touched $18.4k level. Currently, we have a strong resistance at $18.3k-$18.5k level. Bulls need to clear this resistance level and hold above it by daily close for more upside movement.
A rejection from here will take us to $17k-$17.5k level which is also a bullish retest of this triangle.
So as of now wait for a correction before opening any new position. Also, today CPI data will release so we see more volatility in the market.
Stay tuned for more updates.
BTC UPDATE:- Finally, BTC breaks above $17k and tries to break the symmetrical triangle as well. For confirmation, we have to wait for one more daily candle to close above the triangle because we have strong resistance in the $17.3k-$17.5k range.
If it gives another daily candle close above the $17.2k level then the breakout will confirm and we can expect BTC to reach $19k-$20k in the next few weeks. But in case of rejection, things change completely. So it's better to wait for confirmation.
Will keep updating you. Stay tuned and pin our channel at the top.
BTC UPDATE:- BTC is forming a symmetrical triangle in daily time frame where breakout or breakdown will decide the next move. If it breaks out the triangle (Close above $17.5k in daily chart) then we will see a bullish rally up to $20k level. On the other hand if it breaks down the triangle then it will be bad for overall market and in that case we might see a new low.
Let's see how this goes. Will keep updating you. Stay tuned.
ETH DAILY UPDATE:- ETH is trading inside a symmetrical triangle in the daily time frame frame. Currently, it is hovering around $1200 level. We have a strong support in the range of $1100-$1200 level. As long as ETH holds this support we can expect an upside rally.
Breaks and close below $1100 in daily time frame will be bad for market. But as long as it above the support we can expect some bullish rally in the month of January.
Stay tuned and pin our channel at the top for regular updates.
BTC UPDATE:- BTC is going exactly the same as we draw. Rejecting from the middle line of the flag ($17K) and slowly going towards the lower line of the flag which is at $16k
Once we reach at around $16k level then we will decide where price is heading next. If it holds the $16k level and bounced then it will be good. In any case, BTC breaks and close below $16k then it will be very bad for the overall market.
Let's see how this goes. Will keep updating you. Stay tuned and pin our channel at the top.
BTC DAILY UPDATE:- Hello dear members, hope you enjoy your Christmas party. In the market, there is still not much movement due to the holiday season. BTC is still trading below the middle line of the flag which is at around the $17k level. So there are two possible moves from here.
One is if BTC breaks the middle line of the flag then we see a pump up to the $18k-$18.5k level. The second possibility is the price starts moving in the downside direction from here and might test the lower line of the flag which is at the $16k level if it holds there then we see an upside movement up to $18k from there.
As of now waiting for some volume in the market. We will keep updating you. Stay tuned and pin our channel at the top.
BTC UPDATE:- No changes, still stuck at the same price. Trading below the mid line of flag (below $17k), need to break above the $17k to test the upper range of flag which is around $18k level.
In bearish case if we break below the $16k then expecting bid dump.
Will keep updating you. Stay tuned and pin our channel at top.
BTC UPDATE:- BTC is still trading in the support zone and as long as it holds the green zone we can expect a pump. Breaks below the green support area ($16.5k) will be bad. More picture will clear after the weekly close. Will keep updating you.
Stay tuned and pin our channel at the top.
BTC made a high of $18.3k before FOMC and was rejected badly after the meeting. Currently, trading around the $17.7k level. As we told you in a previous update that BTC needs a retest of the triangle which is around the $17,2k level for a healthy upward movement,
As of now wait patiently to price come to around the $17.2k level and after that, we see whether it holds there or not. Will keep updating you.
Stay tuned and pin our channel to the top for daily updates.
BTC UPDATE:- BTC is forming an ascending triangle pattern in 4hr time frame. Currently, it is trading below the upper trendline of the triangle. We need a clear breakout with good volume for a good bullish rally. If we get a breakout then we might see a pump up to $19k level.
Also, keep in mind that today CPI data will release and tomorrow we have FOMC meeting so expecting some fake moves. We might see high volatility in these two days. So trade safely.
Stay tuned and pin our channel at the top for regular updates.
Bitcoin is holding up strong on this support.
Alts bleeding slowly while BTC is holding the support.
Might be an indication that People are shifting from ALTS to BTC.
Avoiding all the noise BTC is a must buy while trading -73% down from it's ATH.
What do you think?
BTC UPDATE:- BTC is following our plan perfectly so far. Breaks above the $17k resistance level and currently trading around the $17.3k level. Now we need to hold that $17k level and then we are ready to test the next resistance which is at around the $17.7k level.
Let's see how this goes. We will keep updating you. Stay tuned and pin our channel at the top.
ETH UPDATE:- ETH is going exactly as we told you in our previous update. Bouncing perfectly from the lower trendline after the 4 taps and breaks the resistance of the $1250 level. Currently, holding above $1250 and that resistance turned into support.
As long as ETH stays above $1200-$1250 we can expect it to touch the $1500 range.
Stay tuned for more updates.
BTC UPDATE:- BTC is going smoothly in upward direction. Breaks the resistance of $17k and holding above it. Our next nearby resistance at $17.6k level. If BTC holds above $17k then we are definitely touch our next resistance soon.
Breaks below $17k will be bad in the short term and then price might touch again $16.5k level.
As of now holding $17k level pretty well. Stay tuned and pin to top our channel to never miss an any update.
ETH UPDATE:- ETH is forming an ascending triangle in an 8hr time frame. Currently, it is trading at the resistance. ETH needs to break and close above this resistance area for more bullish movement in the market. On the other hand, a rejection from here will take us to the lower area and as you know Alts will follow ETH so if ETH dumps from here, Alts also dump.
Stay safe until we break and hold above this resistance area. Will keep updating you.
Stay tuned and pin our channel at the top.
BTC is still moving inside the triangle and reaching slowly to the decisive area. Break out from the triangle (Daily close above $17.2k) will trigger a bullish rally in the market. Or if we got a rejection from here then we might see some more consolidation.
Overall waiting for a clear move to decide anything. Till then waiting patiently.
Stay tuned and pin our channel at the top for more updates.
Do vote guys, this poll will decide our content for this quarter.
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BTC UPDATE:- No changes in plan. Going accordingly as we predicted. The $16k level is the crucial support area. Hold here and we might see an upward rally in January.
A daily close below $16k will invalidate the bounce scenario and then we might see another low of BTC.
Let's see how this goes. Will keep updating you. Stay tuned and pin our channel at the top.
MicroStrategy announced the purchase of 2,500 BTC, holding a total of approximately 132,500 bitcoins as of December 27, at a price of approximately $4.03 billion, with an average price of approximately $30,397 per bitcoin.
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Merry Christmas to you all and your families.
May this coming year bring lots of joy and financial peace in you.
🎉🎉🎉🎉
BTC DAILY UPDATE:- BTC is forming a bear flag like structure in daily time frame. Currently, it is going towards the testing the mid line of the flag which is at $17k level. If we break and close above $17k level then we might test the $18k-$18.2k level once again.
If BTC gives daily close below $16k then this bear flag breaks down and in that case there is high possibility we see another low of BTC. For invalidation of this bearish scenario, BTC needs to break the $18k level and hold above it.
Stay tuned and pin our channel at the top for more regular updates.
BTC UPDATE:- BTC doesn't hold above $17k and breaks below it. Currently, having important support at $16.7k-$16.9k level. It must bounce from here. Breaks and close below $16.7k will be bad overall. As of now waiting patiently to hold this support and get some bounce. Wait for the daily close will be much better here.
Will keep updating you. Stay tuned and pin our channel at the top.
BTC is going exactly as we expecting. Breaks out from the triangle after the releasing of CPI data. It made a high of $18k level. Now we might see some retracement and a bullish retest of the triangle.
If BTC holds the retest level which is around $17,2k level then we see another bullish pump from there. Today FOMC meeting also so we might see some fake moves.
Let's see how this goes. Stay tuned and pin our channel at the top for more updates.
BTC UPDATE:- No changes in BTC yet. Good thing is that BTC is still holding the $17k support level. As long as BTC holds this support we can expect to reach $18k-$19k level by the year end. CPI data will release after two days so we can expect some big movement on that day. Let's see how market reacts in the next few days. We will keep updating you.
Stay tuned and pin our channel at the top.
BTC bouncing from the support.
If this holds, BTC is likley to hit $18k.
Stay tuned
BNB/USDT Possible Scenario☝️
Forming a falling wedge-like structure in 2hr time frame. We might go to test the lower trendline of the wedge and that will be the best entry zone with low leverage. Once it breaks the wedge it might pump well.
Invalidation is given in the chart.
BTC UPDATE:- BTC didn't hold the $17k level and currently trading below it. We have strong support around the $16.6k-$16.8k level. There is a high chance that BTC holds this level and bounced from here. In case it does not hold and break below the $16.6k area then our next major support area is around the $16k level.
But as long as we stay above the $16.5k level, everything is fine and we can expect a higher rally.
We will keep updating you. Stay tuned and pin our channel at the top.
BTC UPDATE:- BTC is going good so far. Following our plan perfectly. Currently, trading around $16.8k level. We have two important resistance ahead one is at $17k and another one is at $17.7k level. First, BTC needs to break and hold above $17k level for more upside continuation.
Nearby support for BTC is at $16.5k level. If BTC rejected from here then it must hold the $16.5k level for another bullish movement.
Let's see how this goes. Stay tuned and pin to top our channel for more updates.