I expect this slow bleed to be over soon followed by a huge blood bath to the targets mentioned above! Looking for a breakdown today/tomorrow!
Читать полностью…Big week ahead with inflation data in focus:
PPI on Tuesday (exp +2.3%, prev +2.4%)
CPI on Wednesday (exp +3.4%, prev +3.5%)
Expect volatility.
Nothing has changed! Still waiting for the downside target of 54k-55k before we head back up to 80ks👍🏼
Читать полностью…These two #ETH analysis posted few days back in premium, now sharing with you guys here! Look for a buys around 2600-2400 area on #ETH!
Читать полностью…💰After Markets form a bottom this week/next week, i am expecting 8-10 Green weeks ahead! It will be Massive!💰💰
Читать полностью…JUST IN: 🇺🇸 Donald Trump announces he is accepting presidential campaign donations in cryptocurrency.
Читать полностью…SEC Delays Decision On Invesco Galaxy Ethereum Spot ETF Until July 2024
According to PANews, the U.S. Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the Invesco Galaxy Ethereum Spot ETF until July 5, 2024. The SEC stated in a document released on Monday that it believes it is appropriate to designate a longer period for issuing an order approving or disapproving the proposed rule change, in order to have sufficient time to consider the proposed rule change and the issues raised therein.
Over the past few weeks, the SEC has also postponed decisions on other Ethereum Spot ETFs, including those from Grayscale, Franklin Templeton, VanEck, and BlackRock. The SEC's decision to delay its ruling is seen as a move to ensure thorough consideration of the proposed changes and the questions they raise. The delay also affects other firms awaiting decisions on their Ethereum Spot ETFs.
Market Update: We’ve been calling Bitcoin to 57000-58,000 since last one month in our Premium which just got hit last week!
While Bitcoin hits 57,000 level, Altcoins haven’t dumped much and held there! Now that Bitcoin pumped to 65,000 and currently trading at 63,220, Altcoins pumped 10-20-30% but now started to turning around as Bitcoin rejected the 65k resistance! So what’s Bitcoin’s next move! Here’s what i am expecting :
Bitcoin could retest 59k level and slides down to 57k level to form a double bottom and bounce from there! However, If 57k level broken and traded below then there is a liquidity grab around 54k-52k area! We could see a wick to these levels! If that happens, then the altcoins will hit absolute bottom and will make a great buying opportunity!
Having said that some altcoins have already formed a bottom and might drop another 3-5% and some will drop 10-20% more!
However, IF Bitcoin holds and stays above 59k retest level then expect that as a low in the entire market and consider a bottom reversal from there which will take Bitcoin past 73-75k level!
Buy #VRA/USDT 0.005-0.006
Sell @.0.0065-0.007-0.0078-0.0085-0.0095-0.01-0.015-0.022-0.35-0.04-0.06-0.08-0.1-0.34-0.5-0.7+
Stoploss 0.003
#SpotTrade
Trade Type: Medium-Long Term
Exchange: Bybit
🚨We will start Futures trading on Bybit starting next week! Have ur accounts ready in there!
If you haven’t joined Bybit then u can use this referral and get $6000+ bonus!
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JUST IN: 🇺🇸 FED Chair Jerome Powell says they will not cut interest rates "until we have greater confidence inflation is going back to 2%."
Читать полностью…Buy #FIL/USDT 5.0-5.7
Sell TP1-7.2
TP2-8.5
TP3-9.2
TP-10.00
TP5-11.5
TP6-12.2
TP7-14.00
TP8-17.00
TP9-20.00
TP10-30.00
Stoploss 3.0
Coinbase Reports System-Wide Outage
The crypto exchange's website is currently unavailable and responds with a 503 error.| By CoinDesk
U.S. Blocks China-Tied Crypto Miners as 'National Security Risk' Near Nuke Base
President Biden ordered a halt to the MineOne operation near Warren Air Force Base, citing Chinese ownership, foreign technology and proximity to a strategic missile base.| By CoinDesk
FTX Update: Nearly All Customers to Receive Full Refunds Plus Interest
Good News for FTX Customers
Nearly all #FTX customers are set to receive their funds back, with interest! After the collapse in November 2022, FTX announced that between $14.5 billion and $16.3 billion would be distributed back to users.
Reimbursement Details
▪️ Customers and creditors owed $50,000 or less will receive about 118% of their claim.
▪️ This covers approximately 98% of FTX customers.
▪️ After full claim payments, additional interest may be paid if funds are still available.
Note on Crypto Value:
▪️ Customers will be paid back the cash value of their #cryptocurrency assets from the time of FTX’s collapse, plus some interest.
▪️ However, this might be less than the current market value, as crypto prices have surged since then.
FTX Background:
▪️ Co-founded in 2019 by Sam Bankman-Fried, FTX was once a leading crypto exchange.
▪️ Bankman-Fried faced criminal charges and was convicted of fraud, leading to a 25-year prison sentence.
Source of Funds:
The repayment funds come from assets controlled by the debtors, U.S. DOJ, authorities in Australia and the Bahamas, and various private parties.
Next Steps:
The reimbursement plan is awaiting final approval in U.S. Bankruptcy Court.
📊 Green doesn’t Mean Bullish! It means a liquidityTrap these days! Having said that, we are very close to the bottom! Most likely the markets will bottomed out this week or latest by the next week! After that we head back up!
Читать полностью…Market Update: Bearish divergence confirmed on 4hr, 8hr & 12hr! We should be able to see a pullback in next couple days! Markets wicking to upside to trap the bulls! Bitcoin is trading under Key Resistance,as far as the market trades below, Sell pressure will remain high!
Читать полностью…First Chart shows the 54k-52k levels and the second one shows the retest to 59k and bounce!
Читать полностью…JUST IN: 🇺🇸 SEC to file lawsuit against Robinhood's crypto business, issuing a Wells Notice to the company.
Читать полностью…Buy #DENT 0.0012-0.00137
Sell @0.0015-0.0018-0.002-0.0025-0.003-0.0037-0.004-0.0055-0.0068-0.008-0.01-0.015-0.02+
Stoploss 0.008
#SpotTrade
Trade Type: Medium-Long Term
Buy #ADA/USDT 0.35-0.45
Sell @0.5-0.55-0.6-0.72-0.8-0.82-0.85-0.9-0.95-2.0-1.2-1.5-3.0-5.0+
Stoploss 0.25
Buy #XRP/USDT 0.45-0.5
Sell @0.55-0.6-0.65-0.7-0.77-0.8-0.85-0.9-0.95-1.0-2.5-3.0-4.2-5.0-6.4-7.0-10-12-15+
Stoploss 0.4
#XRP looks bottomed out!