🐝 Bitcoin making attempts to break through the $71,600 resistance.
Watching closely.
🐝 BTC SUNDAY UPDATE
Bitcoin keeps moving along the ascending resistance, trying to break it, but still doesn't have enough power to break it.
Unfortunately we need to survive this chop before going upwards. I would LONG Bitcoin again ONLY AFTER confident $71,600 breakout.
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Yesterday we published LONG signal on #BTC in the Premium Margin Channel. Our average entry point was $67,140. Then the PUMP happened. The price hit 3/5 targets and we got 62% profit! Fast money on pullback.
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🎗 By the way, Tether #USDT Treasury minted 3B USDT in just 3 days.
These funds were flowed into Binance ($614M), Bitfinex ($1.018B), Kraken ($824M), and Coinbase ($93M).
Usually such Tether inflows lead to the market pump. It must not happen exactly today though.
❗️Buying some #ORDI here!
The price landed on the historical (in 2024) support and consolidating there. Expecting a nice bounce from there.
Especially taking into account the heating narrative of the Bitcoin Blockchain ecosystem because of the coming Halving.
🐝 BTC UPDATE
Bitcoin doesn't want to give up. Currently the price is trying to break through the ascending resistance (that previously acted as a support level).
Want to remind you that the bullish state of mind worths coming back ONLY AFTER the breakout of $68,500. As for now we are in the flat-correction range ($59,000 - $68,500).
✍️ By the way, Bitcoin found a solid support at the MA40 on the 12H chart!
Can add on the chart as a good level to watch
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🦋 ETH UPDATE
Unfortunately Bitcoin ruined the fun party that started on Ethereum.
But still.
There are two levels you need to watch: $3050 and $3280. Both are good for buying.
If you want to a leveraged position, wait for the $3650 breakout. Opening LONG position makes sense only after that.
🌋 Bitcoin volatility has been increasing as the cycle goes on.
Yet, we're still nowhere close to the levels seen in in previous cycles. The massive increase is on the way, be ready!
🔥 CAUGHT THE WHOLE PUMP ON #BTC
As you know, we've been holding LONG position on Bitcoin since $67,100 that we opened together with Premium Klondike Members! Now the price reached ALL targets and printed +115% profit! Perfectly caught the bottom.
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🌭 #DOGE bounced from the $0.18 support area and by now printed +12% profit, must continue the rally upwards
Читать полностью…👀 Meanwhile, we still hold and even added more #MANTA there!
No point in selling at the bottom. The price is about to break through the $3 resistance!
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Despite the fact that market is drained, we keep earning! Today we published a SHORT signal on #SOL in the Premium Klondike Channel. It started dumping along with the market, reached ALL targets and now printed +145% profit!
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📍 BTC DOMINANCE UPDATE
There is an ascending triangle on the Bitcoin Dominance chart. The index touched the 55% resistance two times already, the next approach might cause a breakout.
No doubts, there might be a pullback downwards to the ascending support, but it will be way smaller than it was in December 2023 or January 2024, as there is not much space left.
🔥 #DUEL reached 3/5 targets, printed 55% profit from our entry point!
Moved stop loss to the first target
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🧐 Remember Ordify? There are great news — the listing on exchanges was just announced!
Exchanges: Gate.io & MEXC
Date: 10th of April
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👀 According to the Bitcoin Liquidation Heatmap on Binance, there is a bunch of liquidity located in the $71,000 - $72,000 range
We may expect a short squeeze to happen soon enough.
🧐 Do you remember our post about the cycles of freshly listed Altcoins?
There is a big listing happened today — #W (Wormhole). I expect this token to follow the same path as well.
❗️Buying some #KATA here!
The narrative is hyped - GameFI. There are active rumor about possible listing on T1 exchanges soon. Recently announced a bunch of strong partnerships, including one with #IMX (Immutable).
Now the price retesting the broken $0.0017 level, must bounce from there. Not a short-term trade, more of a mid-term here.
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