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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/
❗️Ripple worth buying here!
The price is breaking through the $0.47 resistance and descending trend line at the current moment.
If Bitcoin doesn't ruin the party, Ripple has all chances of growing.
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Make sure to read previous post
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📉 Bitcoin is breaking the Daily-MA100 down.
If we don't see a rollback above $26,500 - $26,700 this week, then a dump to the $24,000 - $25,000 zone would be guaranteed.
What about other important levels?
- EMA200 on ±$25,000 level
- MA200 on ±$23,000 level
- MA365 on ±22,000 level
📍 U.S. Dollar Index (#DXY) UPDATE
The fundamental market is not bullish for Bitcoin and overall crypto market.
U.S. Dollar broke through the 103 point which demonstrates the strength and demand in dollar.
🏵 Bitcoin is following the initial plan as it now breaks the MA100 down on the 1D timeframe.
The breakdown is only IN PROGRESS! Not confirmed. We can say it is confirmed only if 1D candle closes below it.
If it happens, we will buy Bitcoin at $24,000 - $25,000 levels.
💖 DAILY PROFITS FROM SCALPING
Today we published the LONG signal in the Premium Scalping Channel. We’ve opened LONG on BTC for the $26840. The price reached ALL targets in about 3 hours and we printed 200% profit from this one trade.
🎖 Join our Premium Channel now and receive more Scalping Signals. For more info please write to me @kankordio or visit our website https://klondikepro.com/.
Screenshots of our signal and position are below. 👇
👀 Litecoin is consolidating above the $88 support level, offering us a great entry point!
Читать полностью…
❗️Buying setup on #LTC
There is a support on $88.25 level, this is a must-buy zone.
Moreover, there is an ascending triangle with the resistance at $102. Once this resistance is broken, the price will fly to $120 immediately.
You can buy at the $88 support and during $102 resistance breakout.
👀 Meanwhile, #INJ keeps consolidating above the $6.8 support level. Still good point for entering.
Читать полностью…
🔥 We are investing in a new project on DAO Maker Launchpad — Wistaverse!
The Wistaverse is the first meta-universe project devoted to protests and social actions, where you can express your thoughts and support freedom.
The project will host a sale on DAO Maker where you can try to get an allocation for free. Moreover, they are now raffling off $1,000 in #WISTA tokens for simple actions:
1. Subscribe to their Telegram & Discord
2. Do a retweet of This Tweet
👉 IMPORTANT — they are promising 100% unlock on TGE, so it is quite promising in terms of making some funds. Next year Metaverse App will be released, there people can raise funds by means of rallies in #WISTA token.
More info: Website | Twitter | Telegram
❄️ So… more than 60 days has already passed since Bitcoin started consolidating in the $26,500 - $30,500 range.
More likely we will see a massive movement and continuation of the trend soon!
🐝 BTC UPDATE
The price formed a local ascending triangle with the resistance at the same $27,500 level.
The overall priority remains bullish, but we can’t talk about purchases as long as the $27,5k level acts as a proper resistance.
There are chances that the ascending triangle will help in breaking upwards.
If it fails, then the scenario described yesterday remains the same — spot purchases lower.
📉 EARNED ON TODAY’S DUMP!
Today we published SHORT signal in the Premium Scalping channel. Our average entry point was $26960. Then the DUMP happened. The price hit 6/7 targets and we got 140% profit! Easy.
🍪 Don't miss your chance to receive more Scalping Signals - join our Premium Channel now. For more info please write to me @kankordio or visit our website https://klondikepro.com.
Screenshots of our signal and position are below. 👇
🐝 BTC UPDATE (Part 2) — What to Expect?
First of all, we moved the main resistance from $27,000 to $27,500. We can consider a growth only after this level breakout and consolidation above.
Next, what about purchases? There are two horizontal supports: $25,300 and $24,200. Moreover, there is a descending support of the channel.
These three spots are absolutely great for buying Bitcoin! However, don’t SHORT Bitcoin here since we are still in an up-trend. Be patient and profits will come.
🐝 BTC UPDATE (Part 1) — What Happened?
1. After a massive dump on Friday, the price was quickly returned to $26,800 zone. It was a good bounce and if the price consolidated above $27,000 - $27,100 range it would be a perfect setup for a LONG position.
2. And there WAS consolidation on Monday, the price moved upwards afterwards.
3. Those people who didn't buy lower, put massive buy orders in the $27,000 -$ 27,200.
4. Then, sales appeared. It was a positive factor at the first glance, since the buy orders were filling. However, sales were way too powerful and after the orders were filled, the dump continued.
5. As the result the price went below the $27,000 level and no one wants to buy Bitcoin here already.
👉 Overall — the current case is not bullish. I will post a second part with the forecast a bit later today.
🧐 After the 3rd halving, the positive correlation between Bitcoin and S&P500 has significantly increased.
Thus, Bitcoin became much more dependent on the stock market. The chart shows that since 2020, Bitcoin has been in the green zone for almost all the time, except for the FTX crash and Chinese ban.
📊 Trading volumes across crypto exchanges are at their lowest levels since 2020 and…
It feels. Those people who are still here, I believe you all will make at least x10 during the next bullish season!You deserve it.
🔥 #TENET made a GORGEOUS listing, as was expected!
Public price: $0.02
Highest price: $0.37 (+1845%)
Current price: $0.19 (+950%)
I do hope you were able to get an allocation on public round and earned some great profits!
You can also trade TENET/USDT pairs on major exchanges: KuCoin and Bybit
🔥 BIG DAY — #TENET Listing is Tomorrow!
The exact time is 8 AM UTC, 25th of May, the list of exchanges is infinite: Bybit, Huobi, Gate, Bitfinex, Mexc, KuCoin and Bitmart!
More to say, TENET has recently announced the partnership with Conflux! Conflux is the only public blockchain that is regulatory compliant in China. TENET brings liquid staking to the Conflux community.
More info: Website | Twitter | Telegram
🐝 BTC MID-TERM UPDATE
At the moment the price is stuck between two strong levels: $27,500 resistance & $26,300 support.
As you might understand, we are buying in case of resistance breakout and selling in case of support breakdown.
At the same time, the zone between $23,000 and $24,800 is good for buying and zone between $29,450 and $30,800 is good for taking profits.
Unfortunately, at the moment situation is way too simple. It is boring, but we have nothing to do with it.
🦋 ETH UPDATE
Ethereum started looking better, but it is still early to go LONG there.
As you can see, the price broke through the $1840 resistance and taking hold there. However, this level is not that strong.
The key resistance still remains at the $1920 level and going LONG/buying makes sense only AFTER the breakout of one.
🐝 BTC UPDATE
The price has touched the $27,500 resistance for the third time and what we see right now is called rejection.
Overall, the Ascending Triangle pattern is still in play and we can expect a breakout of the $27,500. However, entering the market right now is EXTREMELY risky.
Therefore, the trade plan is quite simple: if we see a breakout upwards - we buy | if we see a breakdown downwards - we sell.
🔥 A week has passed since the Karate Combat listing on KuCoin, ByBit, Gate, Mexc and Bitfinex and made +1300% profit.
But the team doesn't stop working, but vice versa — more astonishing news are coming:
1. First of all, the project has already had over 80,000 downloads in the App Store in the last 4 days and regular updates in content and giveaways.
2. Secondly, you can now download a Karate Combat app on iOS and get an AirDrop soon! The same goes for Android users, but in June.
👉 Follow the Upcoming Events Schedule
📱 Download the iOS app
🦋 ETH/BTC UPDATE
Globally, Ethereum is preparing to outperform Bitcoin during the upcoming Altcoin-season.
As you can see, there is a falling wedge forming above the 0.064 support level.
It just a matter of time when the price bounces from there and holding Bitcoin will become senseless.
❗️Buying some #INJ here!
The price is breaking through the $6.8 resistance and taking hold above. Finally bullish movements there!
This is only a spot purchase since Bitcoin is quite unpredictable.
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🔥 #LTC UPDATE
More than two months have passed since our update where we told about spot purchases on Litecoin.
👉 We are still holding bags that were bought at $73 and $83 levels.
Currently there is a tiny profit, but Litecoin must break through the $98 major resistance and move higher.
If you are still not holding Litecoin, then you can use a $91 support as a potential level for buying!
🦋 ETH UPDATE
The same situation is happening on Ethereum. The price couldn’t take hold above the $1840 level and was rejected.
Chances of going lower to the descending trend line and fakeout to $1710 are quite high.
If this dip happens, we will buy it there since it is a juicy opportunity.
🔥 Tether says It will buy Bitcoin for stable coins reserves using realized profits!
Tether said it will allocate up to about 15% of the realized profits from investments – excluding any unrealized price appreciation of its reserve assets – to purchase BTC and will add the tokens to the reserve surplus.
Source: https://www.coindesk.com/business/2023/05/17/tether-says-it-will-buy-bitcoin-for-stablecoin-reserves-using-realized-profits/
📍 "Profit/Risk Ratio" - what is it and how to use it?
Professional traders use the profit/risk ratio to estimate a possible profit in relation to a possible loss. In order to understand how much is the profit/risk ratio, the trader needs to determine both potential profit and potential loss. The potential risk is the difference between the entry point in the position and the stop order. The potential profit is the difference between the entry price and the target order.
🔎 If you buy Bitcoin at $6900, place a stop order at $6800 and take profit at $7200, the risk will be $100 ($6900 - $ 6800), and the profit will be $300 ($7200 - $6900).
Comparing the risk with the possible profit, we get the ratio: risk/profit = $300/$100 = 3
If the ratio is bigger than 1.0, it means that the profit is bigger than the potential loss.
Why is it useful?
📊 Let's use the statistics.
The table below shows the dependence of the probability to lose the whole deposit on the accuracy of your trades and the profit/risk ratio in each trade. So, we can see that even if your strategy has only 60% accuracy, but at the same time, the profit/risk ratio is at least 1.5:1, you can already be sure that you will not lose all your money. But if the ratio is 1:1, with the same 60% accuracy, the probability of losing the deposit with a series of unprofitable trades is already 12%
