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🐝 BTC LOCAL UPDATE
The price is now located in the middle of nothing. The closest support is $67,000. We can easily dump there in the near future.
My main advice for now: don’t play with futures, use spot only. Futures trading will make sense only after breaking through $72,000.
Until it happened, the price is located in the horizontal range. Too risky for futures.
🏁 Despite the market dump, #BEER is still trading in +60% profit from our entry point. But we are waiting for a target.
Either x2.5 or nothing, that's the play.
😐 Bybit is Increasing Spot Fees for users!
After the recent increase of fees on perpetual trading, Bybit now announced a HUGE increase on spot trading (for some countries). For VIP 1 it changes from 0.1% -> to 0.18% (!) for takers. All changes can be seen on the screenshot above.
We're almost leaving Bybit for now. A new exchange where we trade spot will be announced soon. But for perpetual (futures) trades — always BingX:
- Liquidity and volumes are as good as on Bybit
- Fees are much lower
- No KYC needed for withdrawals lower than $50K
- Fast customer support
- Welcome bonus of up to $5,125
👉 Here is our referral link to get bonuses: https://bingx.com/partner/CryptoKlondike
📐 TOTAL 2 GLOBAL 2024 UPDATE
If you remember our idea about comparing Altcoin Cycles of 2020 and 2024, then you will be happy to know that it is perfectly working out!
The capitalization retested the $930B level and now rushing upwards (already $1.1T).
However, as you can see on the chart, it is just heating up. The aggressive growth is only about to start (correlates with the BTC dominance chart).
❗️Buying some #SCA at the $0.063 level retest!
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🐝❤️ BTC!
A highly awaited breakout of the bullish flag finally happened! Not much profit so far, but we are still holding a LONG position that was opened at the $63,000.
The main resistance for now is $71,500. Once it is broken, we can freely go upwards to somewhere like $80,000.
❗️The only insider who shares free signals on coins with a 2000% growth potential
Recently he shared a coin that has already yielded 2100% and is still growing. 🚀
Here is the channel - /channel/+_rFm-XgX6XZmOTk0
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🤝 By the way, the #DOGE setup is still valid, we are holding.
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🏁 #WIF reached 2/5 targets, printed +48% profit so far! Everything on spot.
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🔥 #THREE reached 2/5 targets, printed +40% profit so far!
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This Insider Channel was the first to call Pepe and BRETT.
Many subscribers made over $50,000 just in one day!
In a week, he will share an insider call on a new project from the original creators of PEPE.
I bought 100 spots in his private channel - /channel/+XXLNCaTcVJwxYzVk
Soon access will be closed, 22/100 spots remaining❗️
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🐝 3 weeks have passed, but Bitcoin is still following the path we gave it a month ago.
The big pump is very close, the summer promises to be bullish.
🐂 #LINK UPDATE
I've been shilling you ChainLink for over a month now, and I believe the time for it is almost there.
The chart is forming a very similar consolidation fractals: tight horizontal corridor -> widened corridor higher -> big green candle upwards (that's what awaiting us).
I've been accumulating #LINK, have an average entry at around $14. No planning to sell it lower than $50.
❗️Buying some #MUMU (memecoin from pepeverse)
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🔥 ALTCOIN SEASON TIER LIST (For Q2 2024)
We made a video where ranked 20 of our favorite Altcoins for this quarter of 2024 in terms of growth potential from x5 to x20! You definitely don't want to miss it!
Please like and leave a feedback 🙏
Make sure to watch: https://youtu.be/-12QPTpmnyA?feature=shared
❗️Buying some #API3 on spot!
I am fundamentally bullish on this project, that's why I am accumulating it. Despite the overall dump of the market, this asset is staying strong.
There are two strong supports: $3.3 and $3. Placed bids on both these levels. This is a position for 1-3 months of holding, so don't use leverage, you will pay too much funding.
🐝 BTC UPDATE
There is not much to say about the market on this Saturday. Yesterday -2.5% dump on Bitcoin caused a massive sell-off on Altcoins. That's why I gave all recent buy setups on spot.
The main support of $64,000 - $68,000 is still strong. However, bulls failed to break through the $72,000 resistance for a fourth time in a row.
What does it mean? We need more consolidation and accumulation.
🏁 Another target reached by #W, printed +24% profit so far!
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📍BTC DOMINANCE (LOCAL) UPDATE
The dominance was rejected from the historical descending trend line (that I believe will never be broken upwards), but faced a local horizontal support at 54%.
Once this level is broken downwards, the massive Altcoin Season will start. When majors will finally print not just 5% - 15%, but 50% - 100%+ profit.
As I said, expect this summer to be insanely profitable.
✖️ I DON'T USE MACD IN CRYPTO TRADING - WHY?
In the post I will tell about the indicator in few words, but in the article below you will be able to read the answer to the question.
Moving Average Convergence Divergence (MACD) - is a trend-following indicator that shows the relationship between two moving averages of prices. The MACD is calculated by subtracting the 26 EMA from the 12 EMA. To be true, this is one of the simplest indicator available.
MACD indicators can be interpreted using two different methods (I write about those options which can be connected with crypto trading):
1. Crossovers - When the MACD falls below the signal line, it is a bearish signal, which indicates that it may be time to sell.
2. Divergence - When the security price diverges from the MACD, it signals the end of the current trend.
🗨 But why do I think this indicator is bad for crypto trading? - kankordia/%EF%B8%8F-i-dont-use-macd-in-crypto-trading-why-75d1db02ed44">Answer is in this article (click to the blue text to open)
❗️Buying some more #BEER here!
As you remember, we have already earned 300%+ profit on this token, but taking into account the overall tendency — I believe that this project has all chances to reach $1B marketcap (currently it is $250M).
It has already been listed on Bybit perps, BingX, Mexc, Bitget, Bitstamp, Gate.io etc.
According to some rumors, there might be a clicker, NFT collection and new exchange listings to be announced soon. Good meme.
🗿 Bitcoin RUNES — New Narrative to Give us X100?
We made a YouTube video where we dived into a topic of relatively fresh narrative — Bitcoin Runes.
Is it possible to earn some substantial gains on them? And if yes — what should we buy? Answered in the new video.
Please like and leave a feedback 🙏
Make sure to watch: https://youtu.be/c6uRRkSkttc?feature=shared
🏁 #VANRY reached the first target, printed +15% profit on spot!
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💪 #MUMU almost reached 4/5 targets, printed +77% profit in a few days of holding!
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🏁 #W finally made a proper pump, reached 2/5 targets and printed +16% profit our entry!
Closed 1/4 of the trade there. Selling W below $1 makes not much sense for me.
🐝 BTC UPDATE
There is a bullish flag, but it worries me how much time it takes to break it upwards. Three attempts failed.
The main support for now is $66,000. If we fall below it, Bitcoin will return into the $61,000 - $63,000 accumulation zone.
As long as the price stays above $66k, longs are safe. You know where to put stop loss if you hold one.
🏁 #THREE pumped right from the bottom of the falling wedge, printed +20% profit from the first target.
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🏁 Fast +22% profit made from #MUMU, closed 1/4 of the position at the first target. Stop loss moved slightly below the entry.
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🏁 #TOKEN reached first target, printed +27% profit in less than one day of holding!
Continue holding this gem.
📍BTC DOMINANCE UPDATE
The market looks insanely strong here, moreover the dominance is about to face to be rejected from the historical resistance!
I believe June 2024 will gift us a strong Altcoin Season. In 20 - 25 minutes we will release a video where considered 20+ tokens that are good to buy right now.