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> Premium Group & Advertising: @kankordio ➊ Website: https://klondikepro.com/ ➋ Twitter: https://twitter.com/Robert_Klondike ➌ TW: https://tradingview.com/u/BillCharison/
💭 Sorry for the lack of updates over the recent two days. As you can see, all the currencies are going sideways, not only Bitcoin.
Keep in mind we will blast in the next 2 weeks. Volatility is coming up.
📍 BTC DOMINANCE LOCAL UPDATE
There is a big ascending channel (bearish flag) that was broken downwards already and retested.
We may see some altcoins bouncing in the near future. But this won’t last long probably.
🤝 СPI Report over July is lower than expected — 3.2% instead of 3.3% forecasted.
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🐝 BTC UPDATE
Today we saw an attempt of breaking the $29,750 resistance upwards, but the price was stopped by the main resistance — $31,100. We still earned on this movement by opening a LONG position in the Premium Channel (attached screenshot on the chart above).
Don't rush into positions now, as the market is quite uncertain. As long as the $31,100 holds the price BELOW itself, buying or opening leveraged long position is risky.
And, as long as we remain below the $29,750, the local priority is more bearish than bullish.
🐝 BTC BRIEF UPDATE
Another rejection from the $29,750 resistance. Bearish sign. The scenario with the $28,800 breakdown is still valid.
📍BTC DOMINANCE UPDATE
Besides the potential Wyckoff Redistribution pattern forming on the Bitcoin Dominance chart...
There is a Massive Ascending Channel that started from the November 2022 and still valid to August 2023.
It must be broken downwards very soon, since Bitcoin just doesn't have enough powers to touch the 54% resistance.
Once it happens, the REAL Altcoin Season will begin!
🔥 A couple of days ago there was another Tether Depeg.
We noticed that the previous depeg caused a massive growth of Bitcoin from $25,000 to $31,000.
Will the same scenario happen again? Taking into account the extremely low volatility over the recent week, we have HIGH CHANCES of this option to work!
🔸 #BNB UPDATE
There is a bearish flag, we may see a dump from this point OR after reaching the flag’s resistance.
This asset still WORTH BUYING, but at smart levels. These levels are $207 and $182.
This purchase must be made with the only target — ascending resistance (red line).
This is the trade plan, will keep you updated.
🐝 BTC UPDATE
Bitcoin still doesn't look strong. The crucial resistance of $29,750 was tested twice, both times failed.
At the moment the only support that holds the price is $28,800. In case it is broken, we will see an impulse downwards to $28,000.
The recent update was given almost a week ago, but... nothing changed. We flat.
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🦋 ETH/BTC UPDATE
The price is consolidating above the 0.061 support level for quite a long time (since the beginning of 2023 in fact).
Moreover, there is a massive Falling Wedge that has been forming since the August 2022.
I believe that we will see a breakout of this wedge in September - October 2023 and this will be a start of a Great Altcoin Season!
👆 Quite important chart that will cheer you up, make sure to check
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🪓 BTC 1-MONTH UPDATE
The global picture is quite obvious. There is a major support at the $29,200 level. As long as we stay above, the priority remains bullish.
The second key support lays on the $25,000 level.
That’s why we play only from the bullish point, no SHORTing. Just spot purchases and LONGs when we need them.
📈 The 7-day average of Bitcoin spot trading volume has sunk to levels not seen since the start of 2021.
Great sign which indicates that we are extremely close to the finish of this boring flat market. Massive volatility inflow is coming!
🎥 Top 5 Long-Term Indicators
We made a video where considered TOP 5 Global Indicators that we use for analyzing Bitcoin & other major crypto currencies trends! Fully detailed guide.
Make sure to watch: https://youtu.be/MTAnbxcnUdk
P.S don’t forget to like a video if you found it useful 🙏
❗️By the way, tomorrow is the last day for this discount.
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1. Go to the Telegram bot.
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Other important links: Telegram | Twitter
❗️CPI Report in less than 1 HOUR!
Time: 12:30 UTC
Be ready, market can finally get some volatility.
At the moment overall picture doesn't look bullish, taking into account yesterday fake-breakout of the $29,750 level and rejection from $31,100.
❗️Buying some #LINK on the Falling Wedge breakout
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🤖 MONARCH BOT STATISTICS AND DISCOUNTS!
What is Monarch Trading Bot? — Answer!
We got messages with the desire to buy Monarch, but also asking for discounts since the market is in flat mode recently. That's why we decided to make FIRST DISCOUNTS ON MONARCH EVER!
❗️Now you can buy LIFETIME Access to Monarch Trading Bot for $900 only (the regular price is $1200). This promotion will be valid from 07.08.23 to 11.08.23.
The statistics of the Bot's Work on our special Bybit account is attached to this post.
More info about the bot — HERE. If you want to use a discount and purchase it — please contact us via @klosupport or visit the website https://klondikepro.com/monarch
👀 Meanwhile, Bitcoin Halving Progress is 81% already!
Approximately ~240 days left
⚓️ #XRP UPDATE
Expect Ripple to decline to the $0.534 support level, there we will catch it.
There is also a support at $0.47 level, this is the point where the big pump has started.
I don’t like Ripple, but from the technical side it looks good (will look) once the level reached.
❗️HIDDEN CHARTS YOU NEVER HEARD ABOUT!
You liked our video about Global Indicators..
So we decided to film a YouTube video about Hidden Charts that will help you analyzing Altcoin and predict Altcoin Season coming!
Make sure to watch, it is very useful: https://youtu.be/FdL28fFc7cY
❗️ U.S. Department of Justice officials are considering fraud charges against Binance, marking what is anticipated to become one of the most significant cases in the history of cryptocurrency.
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🌀Spiral Bitcoin Chart
Each cycle consists of 3 phases, we are currently in the 6 months recovery one.
The worst part is behind, the best one is yet to come.
🧐 Do you remember Bitcoin Volatility Index?
It is approaching the crucial support level from where we ALWAYS see a huge inflow of volatility!
Previous times volatility was there:
- January 2017 before the rally from $1000 to $20000
- November 2018 before the breakdown $6000 - $3000
- March 2019 before the rally from $4000 - $14000
- July 2020 before the rally from $9000 - $69000
AND in December 2022 before the rally from $16000 - $30000
We may expect a new volatile cycle to appear in the August - September of 2023.
📍 #DOGE UPDATE
The setup is still valid. Moreover, there are two bullish pennants formed. Keep holding and hoping.
🐝 BTC UPDATE
The price has been consolidating above the $30,000 level for almost a month. Dumped below this level, but can’t get back above this level.
Bearish? Yes.
The closest support for now lays in the $28,000 - $28,500 zone. We still hold Bitcoin on spot, but not more than for 25% of the deposit.
💭 #LINK trade is also valid by the way
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