👑#BTC update:
Daily resistance is here. Be careful fellas, now's the time to take some profits, rebuy if it gets broken through.
https://s3.tradingview.com/snapshots/q/QAPYey77.png
Daily resistance is here. Be careful fellas, now's the time to take some profits, rebuy if it gets broken through.
https://s3.tradingview.com/snapshots/q/QAPYey77.png
Also, I don't think it'll retrace that much, but the daily support is currently at $38200 - buy there if you get the chance.
https://s3.tradingview.com/snapshots/0/0HikQl5t.png
https://s3.tradingview.com/snapshots/0/0HikQl5t.png
👑#BTC update:
Kijun + 50EMA got broken through quick - funding's still negative, people are still trying to short this. Lol. Next stop could be 200EMA at $46877, but as long as bears are trying to short rallies, this will continue. Max pain for everyone who missed the bottom. Max pain for everyone waiting for a dip to get in.
https://s3.tradingview.com/snapshots/d/D2TSUbKp.png
Kijun + 50EMA got broken through quick - funding's still negative, people are still trying to short this. Lol. Next stop could be 200EMA at $46877, but as long as bears are trying to short rallies, this will continue. Max pain for everyone who missed the bottom. Max pain for everyone waiting for a dip to get in.
https://s3.tradingview.com/snapshots/d/D2TSUbKp.png
As for a longer term view, we all know that the s2f and 4 year cycle models got broken this year. There's nothing much to base any predictions on, so this is just a guess of what might happen.
Tons of people were posting about multi-year bear market just a couple of weeks back - it's still a concept rooted in everyone's brain. Everyone still expects it to happen after a sharp downturn, just like the bulls always expect a new leg up after an ATH is broken through. Bitcoin loves defying expectations.
This isn't based on proper TA, it's too high timeframe and there's not enough touching points, but i'll still be taking profits at 70-72k, if we get that. Just in case.
https://s3.tradingview.com/snapshots/e/Ef2DIAvw.png
Tons of people were posting about multi-year bear market just a couple of weeks back - it's still a concept rooted in everyone's brain. Everyone still expects it to happen after a sharp downturn, just like the bulls always expect a new leg up after an ATH is broken through. Bitcoin loves defying expectations.
This isn't based on proper TA, it's too high timeframe and there's not enough touching points, but i'll still be taking profits at 70-72k, if we get that. Just in case.
https://s3.tradingview.com/snapshots/e/Ef2DIAvw.png
👑#BTC update:
Insane overreaction on alts, while BTC is just consolidating. Downtrend's broken already - it could touch tenkan at $39370 and still remain bullish. Remember, a successful e2e needs a bullish TK cross. Now it's the time for BTC to consolidate while tenkan crosses kijun.
https://s3.tradingview.com/snapshots/q/Qhtd5yPk.png
Insane overreaction on alts, while BTC is just consolidating. Downtrend's broken already - it could touch tenkan at $39370 and still remain bullish. Remember, a successful e2e needs a bullish TK cross. Now it's the time for BTC to consolidate while tenkan crosses kijun.
https://s3.tradingview.com/snapshots/q/Qhtd5yPk.png
👑#BTC update:
Daily kijun is holding, tenkan is moving up, and the bullish TK cross should happen in a couple of days. Seems like the bottom of the consolidation has been found already.
https://s3.tradingview.com/snapshots/h/HVEtg0dS.png
Daily kijun is holding, tenkan is moving up, and the bullish TK cross should happen in a couple of days. Seems like the bottom of the consolidation has been found already.
https://s3.tradingview.com/snapshots/h/HVEtg0dS.png
👑#BTC update:
Fears of war are pushing the stock market down. BTC (and whole of crypto by extension) remain risk-on assets - the correlation between stocks market and BTC is usually the highest in times of uncertainty. Hopefully the market comes to its senses tomorrow - people usually don't remain scared for long.
TA wise, BTC has entered 4h cloud. Cloud's bottom currently at $39370, although if BTC retains this level for next 16 hours, E2E will be completed without any further retrace. All depends on the momentum. If it stops now, bottom is likely here already. If it doesn't, $39370 is next.
As far as trading goes, if you got any spare cash, it's always good idea to have some buy orders on the cloud's edge. If you don't, no worries, just hold, HTF view has been bullish ever since feb 4th.
https://s3.tradingview.com/snapshots/d/DXfm8M7s.png
Fears of war are pushing the stock market down. BTC (and whole of crypto by extension) remain risk-on assets - the correlation between stocks market and BTC is usually the highest in times of uncertainty. Hopefully the market comes to its senses tomorrow - people usually don't remain scared for long.
TA wise, BTC has entered 4h cloud. Cloud's bottom currently at $39370, although if BTC retains this level for next 16 hours, E2E will be completed without any further retrace. All depends on the momentum. If it stops now, bottom is likely here already. If it doesn't, $39370 is next.
As far as trading goes, if you got any spare cash, it's always good idea to have some buy orders on the cloud's edge. If you don't, no worries, just hold, HTF view has been bullish ever since feb 4th.
https://s3.tradingview.com/snapshots/d/DXfm8M7s.png
👑#BTC update:
$39370 finally hit, hoping for a bounce around here. Let's see what happens.
https://s3.tradingview.com/snapshots/i/i9hMR6y9.png
$39370 finally hit, hoping for a bounce around here. Let's see what happens.
https://s3.tradingview.com/snapshots/i/i9hMR6y9.png
👑#BTC update:
Previous update was far too optimistic. Russia's attacking Ukraine, a war is starting. BTC weekly cloud's bottom at $34400.
https://s3.tradingview.com/snapshots/9/9geU4QSP.png
Previous update was far too optimistic. Russia's attacking Ukraine, a war is starting. BTC weekly cloud's bottom at $34400.
https://s3.tradingview.com/snapshots/9/9geU4QSP.png
👑#BTC update:
$34400 touched. Not expecting much, because the stock market's closed and there's most likely going to be a gap down.
Ignoring outside factors and looking at the chart alone, weekly support is around here.
Take a look at the assets uncorrelated to crypto - commodities such as wheat and soybeans are making all time highs, precious metals and oil are pumping at the moment.
https://s3.tradingview.com/snapshots/a/AQlmAJiz.png
$34400 touched. Not expecting much, because the stock market's closed and there's most likely going to be a gap down.
Ignoring outside factors and looking at the chart alone, weekly support is around here.
Take a look at the assets uncorrelated to crypto - commodities such as wheat and soybeans are making all time highs, precious metals and oil are pumping at the moment.
https://s3.tradingview.com/snapshots/a/AQlmAJiz.png
👑#BTC update:
$34400 support, as mentioned in the last 2 messages, worked absolutely perfectly. Congrats if you bought it. I didn't, expected a crash at the open, which did not happen. Stocks did gap down, but they're already recovering - the worst seems to be over. I think we're back, fellas. Personally still hedged with gold, but as long as weekly cloud's bottom holds, we should be good. Will close the hedge and buy back into cryptos if we get a higher high higher close daily candle tomorrow.
https://s3.tradingview.com/snapshots/l/lq7Wn5MC.png
$34400 support, as mentioned in the last 2 messages, worked absolutely perfectly. Congrats if you bought it. I didn't, expected a crash at the open, which did not happen. Stocks did gap down, but they're already recovering - the worst seems to be over. I think we're back, fellas. Personally still hedged with gold, but as long as weekly cloud's bottom holds, we should be good. Will close the hedge and buy back into cryptos if we get a higher high higher close daily candle tomorrow.
https://s3.tradingview.com/snapshots/l/lq7Wn5MC.png
👑#BTC update:
The first higher low is being formed, right after the first higher high. Still no bullish TK cross on the daily, but at this point it seems like it's only a matter of time. In my opinion, the trend has already reversed. BTC has bottomed out after the weekly cloud's bottom touch. If you're still in stables and wish to wait for "confirmation", a proper ichimoku based trade would be a bull TK cross followed with cloud entry - at this point that would be a daily close over $40800. Once that happens, the place to take profits at would be $51k.
https://s3.tradingview.com/snapshots/u/u8pzVEGq.png
The first higher low is being formed, right after the first higher high. Still no bullish TK cross on the daily, but at this point it seems like it's only a matter of time. In my opinion, the trend has already reversed. BTC has bottomed out after the weekly cloud's bottom touch. If you're still in stables and wish to wait for "confirmation", a proper ichimoku based trade would be a bull TK cross followed with cloud entry - at this point that would be a daily close over $40800. Once that happens, the place to take profits at would be $51k.
https://s3.tradingview.com/snapshots/u/u8pzVEGq.png
👑#BTC update:
That was pretty quick, right? Daily close inside cloud, edge to edge trade initiated. Wouldn't expect immediate continuation though, not until TK crosses bullish. TP at $51k, as mentioned in the post above.
https://s3.tradingview.com/snapshots/d/dOT3xn1P.png
That was pretty quick, right? Daily close inside cloud, edge to edge trade initiated. Wouldn't expect immediate continuation though, not until TK crosses bullish. TP at $51k, as mentioned in the post above.
https://s3.tradingview.com/snapshots/d/dOT3xn1P.png
👑#BTC update:
Told ya, shouldn't have expected immediate continuation. Cloud's bottom support is here though, it should bounce now.
https://s3.tradingview.com/snapshots/p/PcICrylg.png
Told ya, shouldn't have expected immediate continuation. Cloud's bottom support is here though, it should bounce now.
https://s3.tradingview.com/snapshots/p/PcICrylg.png
👑#BTC update:
Fell out of cloud, but the bullish TK cross is finally done. Next e2e attempt should be successful.
https://s3.tradingview.com/snapshots/i/IByn32GW.png
Fell out of cloud, but the bullish TK cross is finally done. Next e2e attempt should be successful.
https://s3.tradingview.com/snapshots/i/IByn32GW.png
👑#BTC update:
The FOMC meeting is in session!
The much feared rate hike has finally happened, and the market's pumping.
It was obvious that this would happen. A highly anticipated bearish event - prices crash in anticipation of it. Once the event comes, the anticipation disappears, prices bounce. Buy the rumour, sell the news. A common market adage.
I've been posting about the trend reversal during the consolidation, and it's possible that the catalyst is finally here. Up only, generational bottom here.
Closest resistance currently is around $46k - top of the rising wedge. $51k afterwards - daily clouds top. Invalidation - drop below wedge, $37.5k.
https://s3.tradingview.com/snapshots/n/NGZViYkR.png
The FOMC meeting is in session!
The much feared rate hike has finally happened, and the market's pumping.
It was obvious that this would happen. A highly anticipated bearish event - prices crash in anticipation of it. Once the event comes, the anticipation disappears, prices bounce. Buy the rumour, sell the news. A common market adage.
I've been posting about the trend reversal during the consolidation, and it's possible that the catalyst is finally here. Up only, generational bottom here.
Closest resistance currently is around $46k - top of the rising wedge. $51k afterwards - daily clouds top. Invalidation - drop below wedge, $37.5k.
https://s3.tradingview.com/snapshots/n/NGZViYkR.png
🔥New public call posted on Chart Kitchen.🔥
❗️📣 CRV/BTC 🔔❗️
BTC reversal's here, it's time to revive this channel and start posting calls again.
I like CRV fundamentally, it's massively oversold here. Volume spike on the last 2 4h candles. Looks like a pump is starting.
❗️📣 CRV/BTC 🔔❗️
BTC reversal's here, it's time to revive this channel and start posting calls again.
I like CRV fundamentally, it's massively oversold here. Volume spike on the last 2 4h candles. Looks like a pump is starting.
Entry: 5260https://s3.tradingview.com/snapshots/8/8EkszNqy.png
SL: 4800
TP1: 6405
TP2: 7445
🔥New public call posted on Chart Kitchen.🔥
❗️📣 COMP/BTC 🔔❗️
Already mentioned in the dining room a few times - I love how defi 1.0 coins are looking here. They've been in a steady uninterrupted downtrend for almost a year, and it seems like it's finally getting broken. Perhaps the ETH merge narrative is going to bring some life back into them. It could make Defi accessible to the masses again. Kumo breakout on the 4h chart.
❗️📣 COMP/BTC 🔔❗️
Already mentioned in the dining room a few times - I love how defi 1.0 coins are looking here. They've been in a steady uninterrupted downtrend for almost a year, and it seems like it's finally getting broken. Perhaps the ETH merge narrative is going to bring some life back into them. It could make Defi accessible to the masses again. Kumo breakout on the 4h chart.
Entry: 285000https://s3.tradingview.com/snapshots/y/YBk6BSYK.png
SL: 252000
TP1: 350000
TP2: 399000
TP3: 450000
TWT update:
💰🔥 TP1 hit! 🔥💰
A perfect chart. Cloud's entry, retrace to cloud's bottom, bounce, cloud's top touch. 17% up, called yesterday. Try to rebuy lower, possibly around 0.8 level, or once the 0.9145 level is breached again.
Now: https://s3.tradingview.com/snapshots/r/RYkK2R6A.png
Entry: https://s3.tradingview.com/snapshots/x/XMX1EsOU.png
Call link: https://discord.com/channels/690955085127221308/692046098113757274/954045462422388817
💰🔥 TP1 hit! 🔥💰
A perfect chart. Cloud's entry, retrace to cloud's bottom, bounce, cloud's top touch. 17% up, called yesterday. Try to rebuy lower, possibly around 0.8 level, or once the 0.9145 level is breached again.
Now: https://s3.tradingview.com/snapshots/r/RYkK2R6A.png
Entry: https://s3.tradingview.com/snapshots/x/XMX1EsOU.png
Call link: https://discord.com/channels/690955085127221308/692046098113757274/954045462422388817
KSM/USDT
Cloud entry on 12h, kumo breakout on 4h.
https://s3.tradingview.com/snapshots/a/Aptzu5E0.png
Cloud entry on 12h, kumo breakout on 4h.
Entry: 146.9
SL: 121.1
TP1: 179.5
TP2: 199.0
TP3: 207.5https://s3.tradingview.com/snapshots/a/Aptzu5E0.png
🔥New public call posted on Chart Kitchen.🔥
❗️📣 SXP/BTC 🔔❗️
First higher high, the downtrend's broken. SXP is going to copy CRO - they're launching a Layer1 chain called Solar Network. You can expect similar performance to CRO when they launched theirs. Going to hold this for the next few months at least, increasing the position by selling resistance levels and trying to rebuy lower.
❗️📣 SXP/BTC 🔔❗️
First higher high, the downtrend's broken. SXP is going to copy CRO - they're launching a Layer1 chain called Solar Network. You can expect similar performance to CRO when they launched theirs. Going to hold this for the next few months at least, increasing the position by selling resistance levels and trying to rebuy lower.
Entry: 3661https://s3.tradingview.com/snapshots/w/W64y279M.png
SL: 3080
TP1: 4450
TP2: 5525
TP3: 6165