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🚨 $BTC UPDATE
im quite suprised from the lack of volatility this recent event revolving around binance and CZ has had on the market. events with this magnitude have caused massive 20-30% swings in the past, however the market barley moved over the past three days.
from a technical perspective Bitcoin has once again rejected the 38K resistance level and now a pennant is forming that will inevtibly break lower.
we still have our eyes on the 50D MA as the first support level to open long orders which is now sitting at $32,718.
BREAKING: Changpeng Zhao (CZ) resigns as #Binance CEO.
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🚨 $SOL/USDT SHORT 4H
TEXTBOOK head and shoulders pattern playing out on SOL, this shows extreme weakness in the trend where the bulls were not able to push the price past the previous high of $69.
bears are now in control.
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🚨 $BTC/USDT UPDATE 1D.
BTC Has Rejected the 38K "Sell Pressure" region Once again , showing weakness in the current bull trend. short orders are ready.
Initial targets to look for longs and by the dip is around the 50D MA currently sitting at 32K but rising with every new daily candle printed. By the time this correction is done expect the support to rise to 33k-34K.
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For the first time since the bear market started the Stablecoin Aggregated Market Cap Percentage Change has flipped positive.
Simply put , we are seeing net positive Capital inflow into this space via stable coin for the first time.
🚨 $IOTA/USDT 4H.
Taking a small Long on IOTA seems to be pushing higher in a parabolic trend.
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🚨 $SHIB/USDT UPDATE.
SHIB has already pumped 30% since calling but this is nothing expecting this massive breakout to bring in 129% profit.
+1000% on leverage for our vips.
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🚨 $ETH/USDT Has Hit our target resulting in +25% pure Spot Profits.
Exiting this trade here as now ETH has caught up to BTC and a correction in the next couple of days is the most probable move.
All eyes on BTC as the next move will be determined by BTC, if BTC shows weakness i will be looking for Short entries above $2200 for ETH.
🚨BREAKING: SAM BANKMAN-FRIED FOUND GUILTY OF ALL CHARGES!
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BREAKING:
🇺🇸 Federal Reserve pauses interest rate hikes, remains at 5.25% - 5.50%.
🚨BlackRock’s iShares Bitcoin Trust IBTC has been removed from DTCC's list
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🚨BREAKING: BlackRock’s spot bitcoin ETF is now listed on NASDAQ with ticker $IBTC
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🔸$BTC UPDATE 1D
ideally , On the higher time frames i would like to see bitcoin revert back to the 200D MA and hold support there to safetly enter in any longs. this is part of a healthy correction that respects this uptrend that dates back to early September.
will Flip to a MACRO bearish bias if we lose the the trendline support at $27,200.
https://x.com/cz_binance/status/1727063503125766367?s=46&t=DI0-QuwhXW0m4WextfMAYQ
Richard Teng named the new CEO of Binance.
This is going to be a very volatile day.
Exiting all trades , will stay on the sidelines to see how this plays out.
*DOJ TO ANNOUNCE CRYPTOCURRENCY ENFORCEMENT ACTIONS TODAY
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🚨 $ALGO/USD LONG 4H
ALGO is almost out of this pennant correction , showing signs of more upside in this healthy bull rally.
🎯 Target: $0.17
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BREAKING: 🇺🇸 US inflation falls to 3.2%, lower than expectations.
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🚨 $LTC/USDT 4H.
LTC is always the last coin to pump after in bull rallies. Get in while you can.
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https://x.com/thecryptodreams/status/1723211902245839344
🚨 $BTC/USDT UPDATE 1D.
BTC pushes to our suggested Heavy 'Sell pressure' Area exactly as anticipated earlier last week.
This is the point in this bull rally where EXTREME GREED kicks in and calls for 40K-50K are heard everywhere.
I would be Extremley cautious Buying BTC at these levels.
The Bulls indeed Look strong but this diveregnce on the daily cant be ignored, i will be waiting for a Short Confirmation around or above the 'Sell Pressure' to start Shorting BTC the top is not too far from here meanwhile 32K is looking like a sweet support to buy the initital dip of this greater daily correction
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Path to alt season has yet to fail.
Eth pumping while bitcoin moves sideways is very bullish for the altcoin market.
Bitcoin profits from 27k-35k are now flowing from BTC to the rest of the market.
🔸$BTC UPDATE 1D
I would be extremely cautious trying to chase this pump at this point the maximum price the bulls can go is just over 37k as RSI is now in extreme OVERBOUGHT territory with levels not seen since BTC pumped from 16-30k in early jan. The risk is starting to heavily favour the bears.
i am setting up buy orders around the 50D MA which usually acts as immediate short term trend support. it is currently sitting at $29,900 but will slowly rise to 31-32k as bitcoin starts this correction.
Don't FOMO in november is known to be a very volatile month.
🔸$SHIB/$USD LONG 1D
$SHIB is due for a 100% Rally and this might happen faster thank you think, BTC holding onto 30k Support is extremly bullish for the entire crypto market. SHIB support has been tested and respected multiple times throught the year its safe to say we are in the early stages of a bull market for most of these memecoins similar to SHIB. the upside potnetial is much greater than any down side risk given the current market conditions.
https://x.com/thecryptodreams/status/1716605268849508496?s=46&t=DI0-QuwhXW0m4WextfMAYQ
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🔸$BTC UPDATE 1D
Bitcoin is now headed into the yearly high at 32,000 which shall act as a very strong resistance, ideally you want to wait for a support level to be recalimed to enter any longs. the first level of support is the 200D MA currently sitting at 27,300 (slowly grinding up) which is where i would be placing my longs.
There is no Reason to FOMO into any trade.
🔸$BTC Short Update
Fake news is nothing more than fuel for the bears, Looking for a short entry between 28,400- 29,200. This head and shoulders pattern on the daily is almost completed. any pivot should send bitcoin crashing down.
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