Congratulations for all the massive profits.
Of course, not for those who missed. 🤣
Don’t miss it next time.
SCALP TRADE SETUP:
#ZIL/USDT Short Call:
Enter: Market
Targets:
1) 0.0269
2) 0.0266
3) 0.0264
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#GRT/USDT Short Call:
Enter: Market
Targets:
1) 0.0886
2) 0.0876
3) 0.087
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#NEAR/USDT Short Call:
Enter: Market
Targets:
1) 2.439
2) 2.416
3) 2.3972
Risk: Medium to High
Advised Leverage: 5X to 8X
BAND/USDT LONG SETUP:- BAND looks good here. Breaks out from the cup and handle pattern and currently retesting the neckline. Long some here with strict SL.
Target1:- $2.12
Target2:- $2.24
Target3:- $2.32
Target4:- $2.44
SL:- $1.98
Leverage:- 10x
EOS/USDT WEEKLY UPDATE:- EOS looks good here. Breaking out from the big falling wedge like structure in the weekly time frame. Still for confirmation we have to wait for this weekly candle close. Once it close above this then it might pump big in the next few days. Buy some on spot and hold with SL.
Stay tuned for more updates.
BTC WEEKLY UPDATE:- BTC is forming a falling wedge in weekly time frame which is generally a bullish pattern but currently it is trading near the above resistance line of the wedge. If it breaks out and close above this wedge then we see another big rally in BTC. On the other hand, a rejecting from here would take place a deeper correction in the market which is still overdue. If it rejects from here and starts falling then we might see a retest of $19k-$20k level.
For a clear confirmation we need to wait for this weekly close that's why this weekly closing will be very crucial for us. Let's see how this goes. Will keep updating you.
Stay tuned and pin our channel at the top for more updates.
USDT Dominance Update:
The USDT dominance has been continuously rejected from the higher levels and till now it has not shown any sign of recovery. If the rejection continues to drop then we can expect USDT.D to even reach close to 4.9%. This will surely be a good thing for BTC and the altcoins.
For now, the USDT.D has support at the 6.4% to 6.5% level and if it has to bounce back then this could be the level from where we can expect a bounce back. Other support levels for dominance are 5.6% to 5.8% and 4.8% to 5%.
We hope that this update was helpful for you all. Stay tuned.
Altcoin Trade Setup
1. GALA/USDT :- Gala broke out of the continuation channel.
We are opening a long here.
Chart shows possibility of a 27% pump from here.
Our simple strategy is to buy at CMP and place buy orders in the accumulation range.
ENTRY (Accumulation Range) :- $0.0495 TO $0.051
Targets:-
$0.057,
$0.058,
$0.0612,
$0.0624.
Stop Loss: $0.04752
Cheers, Stay tuned for more.
Only 50% of the people voted, I do not understand the reason why.
Common guys, this is the time to wake up.
We will start Trading if the votes cross 1k votes So every vote is important.
It’s just about a simple click, please do not ignore it.
Thank you
BTC UPDATE:- BTC is doing exceptionally well. Crushed all the resistances. It pumped almost 25% after the breakout of the triangle. Although, we expect some pullback but it never comes and price reached our target without any retracement.
Now, we have a strong resistance in $21k-$22k zone. So if BTC rejects from here then we see a pullback up to $19k-$20k or if it breaks and close above $22k resistance then another pump up to $25k is ahead.
Let's see how this goes. We will keep updating you. Stay tuned and pin our channel at the top for more updates.
SCALP TRADE SETUP:
#LPT/USDT Long Call:
Enter: Market
Targets:
1) 7.85
2) 7.9245
3) 7.9871
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#AXS/USDT Short Call:
Enter: Market
Targets:
1) 10.8096
2) 10.7078
3) 10.6244
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#OCEAN/USDT Short Call:
Enter: Market
Targets:
1) 0.3514
2) 0.3481
3) 0.3454
Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:
#ALPHA/USDT Short Call:
Enter: Market
Targets:
1) 0.1423
2) 0.141
3) 0.1399
Risk: Medium to High
Advised Leverage: 5X to 8X
BTC UPDATE:- BTC is going good so far. Breaks above the $23.3k crucial resistance and hold above it. According to the pattern, we might see a $25k per Bitcoin in the next few days but for that we need to hold above $22.8-$23.3k level.
We have a FOMC meeting on Wednesday and many more important events this week so trade cautiously this week and do not get Rekt. We will keep updating you.
Stay tuned and pin our channel at the top.
BTC UPDATE:- BTC looks good in shorter time frame. Breaks out from the bullish pennant like structure in 4hr time frame but still there is some resistance here. We need a close above this red box. Once we close above it, we are ready to go to test $24k-$25k level.
Keep an eye. Stay tuned and pin our channel at the top for more updates.
BTC UPDATE:- BTC is going pretty well so far. Holding above $22.5k level and turned it into support which is previously a big resistance. As long as, BTC holds above $22.5k level we can expect another rally up to $25k level.
Tomorrow is weekly closing, if we get a weekly close above $22.8k then it would be much better for BTC and Alts.
Let's see how this goes. Will keep updating you. Stay tuned and pin our channel at the top.
BTC is going exactly as we expected. Currently at the big resistance of $22.5k level. Will wait for the daily close. If we get a daily close above $22.5k then $24k-$25k is next stop.
Will post a fresh chart after daily close. Stay tuned.
BNB WEEKLY UPDATE:- BNB is trading inside a big triangle in the weekly time frame and currently testing the upper trendline of the triangle. Here, 50MA is also working as a resistance. If BNB able to break out from the triangle and close above 50 weekly MA, then we can expect a big pump. But for that we have to wait for the weekly close and confirmed breakout.
Keep a close eye on this. Will keep updating you. Stay tuned.
BTC UPDATE:- BTC is slowly heading into the resistance zone. $21.5k-$22.5k is a big resistance and remember the correction is still due in the market so manage your risk in all open positions and do not trade without SL.
In LTF, we might see some more upside but sooner or later we see some correction. A healthy pullback is always good for the market in the long term.
Let's see how this goes. Stay tuned and pin our channel at the top for more updates.
Responding to this Vote:-
Only 30% of you guys want to trade on futures with us. I can understand.
But the market has turned bullish. This shift in the trend has just begun.
We will soon start trading Altcoins.
If you are interested. Let us know in the next poll.
If we get maximum votes for trading on futures and spot. Futures Trading will begin in this channel.
Stay tuned.