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🥩 Historically, Bitcoin made at least x2 right after McRibs returned to the menu. Well.. they are returning soon, are we ready?
Indicator that never failed.
🏁 $BANANA filled our entry zone perfectly and started pumping right after, printed +12% profit, holding!
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🐝 BTC UPDATE
The price is touching the $67,000 level currently. This is local support that doesn't have to hold Bitcoin, we may easily go to $65,500 in order to retest it. Will be healthy.
As long as we stay above $63,000 level, LONGs are safe and the overall target is $72,000. It may take some time though.
👩🏫 Q4 BITCOIN OUTLOOK
I have been thinking a lot and this is my ultimate plan for the rest of the year. The most important event this year is US election, as Trump is a pro-crypto and Harris is an anti-crypto candidate.
During the election day volatility will be super high, all high leveraged positions will be stopped out! Here is the question: where exactly should $BTC price be to engage as much volatility as possible?
My take is $72k. This is the key resistance and this level has already attracted many eyes earlier. To make it even more difficult, I added a fakeout above $74k. Now let's see the outcomes:
1️⃣ Trump wins = $BTC pumps. All shorts that were opened because of a fakeout are trapped and used as pump fuel.
2️⃣ Harris wins = $BTC dumps. All crypto believers are used as dump fuel. I am sure that there will be much more longs opened before the results, as polymarket gives Trump 60% to win, and also nobody really wants to bet on anti-crypto outcome.
👩🎨 My plan is to cut all longs at $70k - $75k range in the next two weeks. I also plan to sit mostly in stables, as potential dump is much bigger than potential pump (probably Trump win will be half-priced in). Then, if Trump wins, I buy any retest. Otherwise, I sit on my hands patiently waiting for the dump to end. Also remember this: no high lev positions during the election week!
🦋 ETH/BTC UPDATE
Many people calling Ethereum dead because it broke "all" supports, but actually it is not. I am still watching the ETH/BTC pair where the crucial support is 0.037, we are approaching it.
I can hardly imagine a scenario where the price breaks this level down, it is nearly impossible. Once we see a bounce from there, a party on classic altcoins (top 100 market cap) will start.
However, it may still take some time (up to 1 - 1.5 month).
🐝 BTC UPDATE
Market finally turning bullish, my congratulations to those who've been patient! Major resistances were broken upwards, now the price can freely go up until $70,000 at least.
The overall resistance is located in the $72,000 - $74,000 area. Just saying.
🧐 So, what does it mean? I am closing 50% of my LONG position there, taking good profits. And ready to RUSH into ALTCOINS (memecoins namely).
Trading season is approaching, be ready.
🏁 $SEI reached the first target, printed +30% profit so far!
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🔥 Market is heating up, Bitcoin rushing upwards and Altcoins are following!
We made a YouTube video where gathered TOP tokens that worth buying before the REAL rally unfolds. The list includes memes, fundamentally and technically strong ones. Make sure to watch not to miss potential 10x!
Please like and leave a feedback 🙏
Make sure to check it out: https://youtu.be/VMdLAOIrfPE
🏁 $FUD reached the first target, printed +40% profit!
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🐝 BTC BRIEF UPDATE
Nothing has really changed, this dump helped in gathering some liquidity below the support and came back above it.
My LONG position is still on hold, all Altcoins I bought at their entries as well.
Ready for the weekend.
🔥 As you know, I've barely invested in a new project recently, but I just couldn't ignore this one — Storm Trade! It is the first DEX Perpetuals on TON blockchain.
DeFi sector on TON blockchain is actively developing, but still on early stage. There are only a few spot DEXs, lending protocol and one option for trading futures — Storm Trade itself. Simply speaking, it offers you an option to trade futures inside Telegram using mini-app.
Currently there is no project token, but Storm Trade team is about to launch $STORM later this month. The IDO is taking place on ChainGPT lunchpad, and the premarket price is x3 from the presale which indicates a massive buy pressure. And there is a reason for that, here is a comparison of other perpetual projects FDV:
$JUP - FDV 7B$ (SOL)
$DYDX - FDV 700M$ (ETH)
$STORM - FDV 12M$ (TON)
The project is planning to distribute 30% of all generated commissions to $STORM token stakers. So, as for example - over the recent 30 days, the platform has generated about $800k in fees, which means ~$240k would be sent to token stakers.
And.. AIRDROP ALARM! You can complete simple tasks in the APP and get rewards. We already testing this platform, all in all looks good and easy in use.
😨 Binance will start Sharing your Personal Data with Legal Institutions
According to recent news, Binance has joined a "GTR Alliance" that requires participants to disclose the name, address and account information of customers when they make transactions over $3000.
The GTR Alliance itself operates in ALL countries-participants of the FATF (Financial Action Task Force on Money Laundering) which has 39 countries-members. Check your country here.
💔 There is a 90% probability this rule applies to your country. Binance is no longer suitable to use if you want your data to be stored anonymously. Moreover, other big exchanges such as Bybit & KuCoin will more likely be forced to join the GTR alliance.
If you want to save your financial anonymity, you can move your funds to BingX which still requires NO KYC mandatory for $50,000 withdrawals and provides welcome bonus of up to $5,125. We trade mostly there.
👉 Here is our referral link to get bonuses: https://bingx.com/partner/CryptoKlondike
🧡 Classical comparison $SUI vs $SEI
Just some hopium to the feed of holders, I am one of you. Still has some bids in the $0.38 support range.
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❗️Buying some $FUD there!
This is the first and the main memecoin on $SUI blockchain, recently got a nice run and now consolidating above the crucial resistance (now support)
Has all chances of going higher from here.
❗️Buying $TREMP on $0.29 support level
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🏆 Future of Bitcoin in 2024
In addition to the post that I shared from Kim earlier today, here are my thoughts about upcoming US Presidential Elections and how will they affect the market
First of all, current Bitcoin chart is very similar to Gold one back in 2023 before the upcoming movements started there. All similarities were clearly marked on the chart. The price is about to break out of the bull flag.
Secondly, this bull flag can act differently, depending on US Elections. If Trump wins them, we will see a massive shakeout, but the overall trend will continue being bullish.
However, if US Elections will be won by Kamala Harris, our chances of seeing a massive nuke down to $52,000 zone are drastically increasing.
🤹♂️ And lastly, let's not forget about Halving factor. Bitcoin is now barely located near the miners revenue breakeven point, so we will see a growth inevitably this year. Elections will decide if we break the flag resistance soon or visit the support one more time.
💭 Good thoughts by Kim. Something like this is likely to happen.
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⏰ Setting an alarm on $TNSR breakout
Fundamentally strong token that has been consolidating in the perfect horizontal range for the past 2 months
I believe the breakout is around the corner, will buy ONLY AFTER the resistance breakout!
❗️Buying some $BANANA there!
You've been asking me almost daily about my opinion on this token, but I was patiently waiting. Now it is a right time.
The price has recently broke the overall resistance of $56 that acted strong since July 2024. On the recent impulse it was broken upwards, finally!
Now the price is perfectly retesting the level, flipping one into support.
Ready for $100 imo.
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🐝 BTC BRIEF UPDATE
The price successfully broke the $64,400 resistance and now going to the main one — $65,800 one.
The only factor that makes me uncertain about this move is the day when it is happening — Monday. Usually pumps that took place at the beginning of the week didn't have tendency of taking hold above the crucial levels.
But let's see, may be this time it will be different. I am holding my LONG with $61,100 average entry.
🏁 $AAVE pumped as expected, printed +17% profit from our entry, closed 3/4 of the trade there!
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Market sentiment calculated by our AI Trading Bot is extremely bullish — reached 87 points today.
Just saying… 🤫
📊 So, there are 285 days have passed in 2024.
If there is no Bitcoin bull market within the next 14 days, this will mark the longest sideways in a halving year in history.
🐝 BTC UPDATE
It has never happened before and here we go again...
The resistance of $64,500 is tough. Good fundamental news could have helped us breaking it upwards, but what I event talk about... positive news... for real..?
FUD FUD FUD — I even bought $FUD token yesterday..
Bitcoin came back to $60,900 support level, consolidating there, but this is a barely good sign. I still hold my LONG position though, entry $61,100.
Ready to average it in case Bitcoin decides to dump to the $57,500 support level. The bullish setup invalidates if this level is broken down.
❗️Was waiting for a chance to buy $HIPPO at a good price, and it seems that we are about to get it!
The price has formed an ascending channel that pushes the price upwards. Moreover, there is a crucial support at $0.014, I am placing my bids there.
Must pump to at least $0.02 imo.
🐝 BTC BRIEF UPDATE
No one said breaking the crucial resistance of $64,500 will be easy. Bitcoin is currently located between two strong levels, compressing the resistance.
I am still holding my LONG position with the $61,100 average entry. Resistance breakout is just a matter of time, sometimes we need to stay patient.
❗️Placed some buy orders on $AAVE in the $142 - $143 range
If they got filled, perfect entry will be guaranteed. If not... next time then.