🥵 PRINTING PROFITS EVERYDAY
Over the recent two days we published two signals in the Premium Scalping channel.
The first one was LONG up to $25,200, reached all targets and printed +210% profit!
The second one was today — SHORT down to $24,000, reached all targets and printed +200% 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 signals and positions are below. 👇
📍 #MATIC UPDATE
Massive ascending channel, looks ready for SHORTing, right?
But don’t hurry. As you can see, the price is taking hold above the $1.5 level. If the pump doesn’t stop there and break through the ascending resistance….
…then we can easily expect a growth continuation. Short is possible there only in case of a rejection. And in this case, the move will be massive, to at least $1.3 support.
🐝 BTC UPDATE
The chart is quite simple. As for now, we have a strict ascending vector. The price is pressed to the $25,000 level, I.e. consolidating below it.
We placed two bids, just in case of some correction: $23,600 and $22,800. At the moment hold 70% of the deposit in crypto.
✍️ PASSIVE INCOME ON CRYPTO!
We wrote an article to compare our Monarch Trading Bot with different Trading Bots and other Passive Income Sources. Our analysis is based primarily on the numbers of profits, risks, ease of maintenance and required started investments.
Useful read, I'm sure you will find new ways of passive income you've never heard before.
Here is the link: kankordia/stable-passive-income-from-crypto-9e9c10cb2a2a" rel="nofollow">https://medium.com/@kankordia/stable-passive-income-from-crypto-9e9c10cb2a2a
🐝 BTC UPDATE
The yesterday’s pump was a big surprise. Didn’t see such bullish volatility within one day.
As you can see, there is a huge horizontal channel. The upper resistance is located exactly at the $25,000 level.
I don’t expect a large correction after this growth, there are too many people who want to enter the market right now. More likely this chance won’t be given.
We may see some consolidation in the $23,700 - $24,500 range. Then, breakout of the $25,000. At the moment we have great chances of the rest of Q1 to be extremely bullish.
🗝 According to Liquidation Levels on Binance exchange, we can clearly see that there is a large array of liquidity in the $22,400 - $22,600 level.
However, the area of $21,000 - $21,500 gathers much more stop losses and liquidations from bulls.
This chart perfectly correlates with our initial trade plan: firstly visit $22,600 - $22,800 to open a SHORT position there. Then, another leg lower to $21,000 zone.
❗️BIG WEEK FOR THE CRYPTO MARKET!
🌵 The Monday started from the news about SEC to sue Paxos for listing Binance BUSD stablecoin. As the result, the de-peg happened and for a moment #BUSD cost $0.995 which is -0.5% from the initial price. At the moment it goes upwards and cost $0.998 which is still not good, but not that bad as it could be.
CZ immediately disowned the #BUSD by saying "In summary, BUSD is issued and redeemed by Paxos" and "Binance will continue to support BUSD for the foreseeable future". Though, he also assured users that funds are SAFU. CZ doesn't usually throw words like that around, so currently we have almost nothing to worry about.
The only thing you should do to keep your funds safe is to move them to USDT or USDC. That's all about this case with BUSD for now.
🌵 Secondly, CPI data is coming out tomorrow (14 Feb). Previous YoY was 6.5%, current forecast is 6.2%. Expect to see increased volatility today and tomorrow. Very careful with altcoins, according to ETH/BTC and BTC Dominance charts, they are still safe, but in fact many shitcoins are bleeding. Better not to play with fire these two days.
🐝 BTC UPDATE
I still tend to believe that the price will move lower from here. Though, we can still visit $22,600 - $22,700 before the next leg downwards to gather some liquidity.
The zone of main interest is currently located in the $20,400 - $20,600 range. We can see massive buy orders from whales there. And I do believe that these levels will be reached in the near future.
To become locally bullish, Bitcoin needs to come back above the $23,000 level. Which is very difficult, at least for now.
Overall — I don't recommend rushing into purchases right now. You can try some great setups for a tiny amount of money, if you find one. But be cautious and set stop losses.
🐝 BTC UPDATE
Sadly, the dump happened and the price broke the $22,000 - $22,300 support down. At the moment the price fall was saved by the $21,500 support level.
The global mood remains the same — bullish. However, the more likely we won't see any positive movements from the market in the closest future.
At the moment I expect to see a continuation of the dump to the $20,600 - $20,900 area. Some consolidation there, and only after that, bullish candles.
Talking about going upwards from current levels... is hard. I don't consider buying anything here. Only in case of a sharp growth above the $22,750. But it is quite hard to imagine.
All my thoughts are on the chart, as always.
❗️Buying some #GLMR here!
Strong coin from the strong Polkadot ecosystem. Recently broke through the long-term resistance of $0.49 and taking hold above it.
Moreover, the recent dump didn't affect this coin a lot. Big demand. Expect one to go higher from there.
🤝 #SPX is also bullish at this point! Daily candle closed above the 4120 level that opens a free way upwards.
Together with #DXY, all these factors literally force Bitcoin to continue growing.
🔥 #MKR finally pumped after some consolidation and printed +20% profit by reaching 3/5 targets!
Closed 1/2 of the position and moving SL into BE zone.
✨ Buying some #VET here!
Also placing some bids on $0.027 level. Great Chinese coins that must show itself on this season.
❗️Buying some #PCX here
Expect one to break out of the ascending triangle and move forward!
🍀 One More BULLISH SIGNAL from the Global Indicator!
This is an indicator called DCA. As you can see, previously it has given only three signals and each one led to a massive growth:
In 2015 #BTC grew up for +6300%
In 2019 #BTC grew up for +145%
In 2020 #BTC grew up for +770%
And nowadays, DCA indicator gave a bullish signal a couple of days ago. Let's see if it works this time!
👀 Meanwhile, Fear & Greed Index reached the 60 points zone.
The last time it reached such high points was in March 2022, almost a year ago, when Bitcoin cost $45,000.
🔥 Bitcoin made an astonishing pump! Broke all resistances, one by one. There is only one left — $25,000 - $25,200. If this level is broken, the road to $30,000+ will be opened.
We've earned on the first part of this pump, up to $23,000. Then, mostly missed the move. Huge volumes. Highly promising.
📍#ALTCOIN UPDATE (ETH/BTC & BTC.D)
ETH/BTC: The price broke the 0.07 support down and currently heading to the ascending support level. More likely will be stopped there and pump.
The situation is not very good, since entering any altcoin setup will be safe only after a positive reaction from the ascending support.
BTC Dominance: Very common situation here. The Dominance was not able to break through the 44% resistance and rolled back below it. Now re-testing this resistance.
If we see a good rejection from this level, we can enter altcoins safely.
———
As for now, better not to hold more than 25% of the deposit in altcoins.
🎥 TOP 5 TRADING PATTERNS!
Made a video on YouTube where we considered top 5 trading patterns, how to draw them correctly and trade properly!
Check it out, highly useful content: https://youtu.be/F3v0pGuJd34
💁♂️ #FTT PURCHASE EXPLANATION:
I've received a bunch of messages asking me why did I buy such a "scam token" and took this high risk. I completely understand your point and that's why I've decided to write this post. Why I do believe that #FTT token will grow to at least $10 - $12 this year.
The token was delisted from many exchanges, those who wanted to sell their bags, have already sold. Moreover, #FTT has almost zero perpetual contracts listed on major exchanges. Therefore, we have a solid output — it is very hard to dump the price lower than $1.5 without any major changes.
Next, who might be interested in dumping the price from current levels? Highly doubt that there are such people. Meanwhile, there are a lot of people who are interested in the opposite — to pump the token: SBF at first, FTX ecosystem and... US government?
We all know about SBF contacts in all state apparatus, including news, financials and court. I strongly believe that the US will do their best to whitewash the history of SBF. First of all, because they were supporting FTX exchange from it's very beginning and secondly because it is a black spot in the reputation of US financial system.
But how to rebuild a reputation of such terrible person as SBF? — Return money, at least to US customers. As you could remember, the biggest bag that FTX tresures has is FTT token. Currently, when the #FTT cost only $1.8 it is a tiny amount of money. However, what if they pump it to $10 or $20? The amount would be solid enough to start returning money to verified US customers.
What is the conclusion? It worth nothing for powerful people to made #FTT cost x10 from the current price. Meanwhile, this pump will bring a great value for not only wallets of these people, but for SBF, government and US citizens as well. That's why I tend to believe that #FTT worth holding as a long-term investment.
🐝 BTC UPDATE
Despite all the bullish factors that came from the stock market, yesterday Bitcoin dumped below the $22,800 support.
As you can see, at the moment the price is testing the lower level of the ascending channel. If it rejects from there, then we will get another leg downward to $22,200 - $22,500 zone.
Overall momentum does look a bit weak, marked all recent upward impulses on the chart — each one was weaker than the previous one. The market needs some correction and it's completely okey.
We use such dips only to buy, not to sell or short.
📍U.S Dollar Index UPDATE!
After some growth which I've described in the recent BTC UPDATE, the Index was rejected from the 103.6 resistance level and now heading downwards.
This is a bullish sign for Bitcoin, the way down to 101.6 is crystal clear. This should help Bitcoin to break through the $23,300 resistance upwards.
❗️Buying some #SNX here!
The price has just made a significant breakout of the $2.75 resistance. Must growth further.