If that happens, new lows won’t happen on Bitcoin but Bitcoin could enter into consolidation range between $5000 and $7000 for couple of months.
It would be perfect scenario for altcoins that would probably create mini alt season if BTC starts consolidating.
So crypto is looking great and that’s the fact. New lows are not coming in our opinion. The only question we have now is either if BTC is going to enter consolidation around 6k that would be very healthy for next move up or we are going to break 8.5k (2019 ATH) and reach next resistance (10k).
It would be perfect scenario for altcoins that would probably create mini alt season if BTC starts consolidating.
So crypto is looking great and that’s the fact. New lows are not coming in our opinion. The only question we have now is either if BTC is going to enter consolidation around 6k that would be very healthy for next move up or we are going to break 8.5k (2019 ATH) and reach next resistance (10k).
Bitcoin update: https://www.tradingview.com/x/ZWBPwXe4
Only close above resistance will trigger next upsider target ($10k)
Only close above resistance will trigger next upsider target ($10k)
This is how weekly resistance looks on daily time frame: https://www.tradingview.com/x/4GgB8Zj6
No close abbove so far!
No close abbove so far!
No close above resistance and drop: https://www.tradingview.com/x/in3nOprG
This is how weekly looks like and where the buy area is.
This is how weekly looks like and where the buy area is.
Those that are waiting for alt season are missing out on a Bitcoin season.
If institutions are comig, they will be buying Bitcoin not shitcoins. If Bitcoin goes up, it may trigger major alts to go up but the projects that have no value are going to be delisted from all exchanges and die.
If institutions are comig, they will be buying Bitcoin not shitcoins. If Bitcoin goes up, it may trigger major alts to go up but the projects that have no value are going to be delisted from all exchanges and die.
Buy XRPBTC on Bitmex.
Entry: 4900-5100 sats
Stop loss: 4599
Targets: 6000, 6800.
Good luck!
Entry: 4900-5100 sats
Stop loss: 4599
Targets: 6000, 6800.
Good luck!
Crypto Signals
It is approaching buy area https://www.tradingview.com/x/WiozzkJ6
Didn’t reach buy area but it followed the way up pretty nicely.
https://www.tradingview.com/x/pJbYrhT5
https://www.tradingview.com/x/pJbYrhT5
Forwarded from Crypto Signals
One of the biggest short squeeze is about to happen with BTC reaching at least $6500 with chances of reaching even $7000.
Forwarded from Crypto Signals
Get ready for Ethereum with targets at $200 and $240.
I won’t say I called BTC and ETH moon mission but these two forwarded messages are very good testimonials.
Now with negative funding on Bitcoin that are bulls paying, we do believe the market will shift to the altcoin pairs where they don’t have to pay any funding. It doesn’t mean BTC will drop, it just mean it may become very interesting in altcoin market finally.
Bitmex ALTs update:
XRP and ETH main favorites
EOS already mooned
LTC doesn’t have that good RR and also we do believe there will be the opportunity to buy this coin in the area between 0.01 and 0.011.
TRX too shady about Justin and his partnerships. Not interesting to play the game of guessing when the next partnership will come up.
BCH accumulation without big signs of the next direction. To many spikes which makes us not interesting because of big risk of being shaken out.
ADA similar setup as XRP but I considering recent big fake out after going to 1500+ sats, we will wait for ADA to start getting momentum before thinking of buying it.
Now with negative funding on Bitcoin that are bulls paying, we do believe the market will shift to the altcoin pairs where they don’t have to pay any funding. It doesn’t mean BTC will drop, it just mean it may become very interesting in altcoin market finally.
Bitmex ALTs update:
XRP and ETH main favorites
EOS already mooned
LTC doesn’t have that good RR and also we do believe there will be the opportunity to buy this coin in the area between 0.01 and 0.011.
TRX too shady about Justin and his partnerships. Not interesting to play the game of guessing when the next partnership will come up.
BCH accumulation without big signs of the next direction. To many spikes which makes us not interesting because of big risk of being shaken out.
ADA similar setup as XRP but I considering recent big fake out after going to 1500+ sats, we will wait for ADA to start getting momentum before thinking of buying it.
Forwarded from Crypto Signals
This up and down rollercoaster on BTC is doing perfect thing we need for altcoins to go up.
Looking at weekly time frame, the biggest move from Ripple is expected next week. Keep stop loss at place, no moving to break even because that could cost you losing great entry!
Keep holding, if something changes, we will let you know.
Looking at weekly time frame, the biggest move from Ripple is expected next week. Keep stop loss at place, no moving to break even because that could cost you losing great entry!
Keep holding, if something changes, we will let you know.
Good morning, it’s May 31st and monthly close is tonight so we would like to analyse the market to see what we can expected in June.
Here is Bitcoin monthly time frame: https://www.tradingview.com/x/sdJFTYRy
It broke through all these areas of resistance and we do believe in the next month we will see Bitcoin testing some of them for sure.
The first area to be tested in 7.7k. After that we can expect BTC testing 6.3k. There is also resistance at 4.8k but at this moment we do not expect it to be tested. We can talk about that as potential once we see price action around 7.7k and more importantly around 6k floor.
Here is Bitcoin monthly time frame: https://www.tradingview.com/x/sdJFTYRy
It broke through all these areas of resistance and we do believe in the next month we will see Bitcoin testing some of them for sure.
The first area to be tested in 7.7k. After that we can expect BTC testing 6.3k. There is also resistance at 4.8k but at this moment we do not expect it to be tested. We can talk about that as potential once we see price action around 7.7k and more importantly around 6k floor.
From the weekly perspective, we are going towards very important weekly close this Sunday that coule potentially confirm the bearishness in the market and be the catalyst for these tests of the broken monthly areas of resistance.
We do not want to guess anything but rather to wait for confirmation. The confirmation that top is in would be bearish engulfing on the weekly time frame that would close below weekly support (8200)
This is how it looks on the weekly: https://www.tradingview.com/x/CWrvazQV
Most people tried to make fun of me when I posted similar post using fibonacci and saying 6k may happen. At that moment when price was at 20k, no one believed 6k will even be reached. Not only that it was reache but we saw break down that led to 50% decline.
I am not trying to do the same thing again but I am showing Fibonacci levels that are matching important weekly and monthly levels perfectly. Look at 0.236% that is at monthly support (7.7k), look at 0.500 that is perfectly on the 6k.
If we get a confirmation and close below 8200 on the weekly time frame, we do believe in June we will see Bitcoin testing some of these areas. Our biggest focus will be on 0.5% and 0.618%.
We do not want to guess anything but rather to wait for confirmation. The confirmation that top is in would be bearish engulfing on the weekly time frame that would close below weekly support (8200)
This is how it looks on the weekly: https://www.tradingview.com/x/CWrvazQV
Most people tried to make fun of me when I posted similar post using fibonacci and saying 6k may happen. At that moment when price was at 20k, no one believed 6k will even be reached. Not only that it was reache but we saw break down that led to 50% decline.
I am not trying to do the same thing again but I am showing Fibonacci levels that are matching important weekly and monthly levels perfectly. Look at 0.236% that is at monthly support (7.7k), look at 0.500 that is perfectly on the 6k.
If we get a confirmation and close below 8200 on the weekly time frame, we do believe in June we will see Bitcoin testing some of these areas. Our biggest focus will be on 0.5% and 0.618%.