❗️Buying some #SOL here
The coin found a strong support at $20.6 level and holds it since the beginning of this year.
Must bounce from there after such a long consolidation.
📍#MATIC UPDATE
As expected, the price dumped from the $1.5 and printed 27% profit with x1 leverage.
At the moment it is consolidating below the 0.5 level by Fibo. Bearish sign. Worth holding SHORT down to $1.05 support level.
From there we need to watch the reaction. Buy in case of positive movements. Otherwise — keep looking for a SHORT entry.
🎖DEGEN ZOO GIVEAWAY FINISHED!
Our winner is @Garaah1991, congratulations! Thanks to everyone who participated!
🦋 ETH UPDATE
The price has reached the $1555 support level, which correlates with the down border of the bullish flag.
Buying some Ethereum here, also having some bids in the $1500 - $1510 zone. Spot purchase only.
🐝 BTC UPDATE
The price is still stuck inside the horizontal channel I was talking about in the previous update.
Upper border: $25,250 | Down border: $22,050 | Middle line: $23,500.
There is a massive Bullish Flag formed inside this horizontal channel. The price must show positive vibes and move towards the flag's resistance to keep it valid.
As long as the price remains above the down border of the channel, the trend remains bullish. We may expect a fake breakdown to $21,500 zone. We already placed bids there.
We are still holding Bitcoin on spot, the overall plan remains actual and valid.
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🦋ETH/BTC UPDATE
The price broke through the falling wedge that was formed inside the descending channel! Moreover, the resistance was already re-tested.
At the moment the way up to 0.072 is free. Ethereum is ready to fly and outperform Bitcoin. Take this fact into account while managing your crypto portfolio.
https://twitter.com/Robert_Klondike/status/1630955392480976897
📈 3 Years Up & 1 Year Down
Historical synopsis of Bitcoin. Seems that we’ve survived the worst part of the cycle.
🎥 How NOT TO be Scammed in Crypto?
We made a video where considered all ways scammers use to steal your funds/exchange account/personal data. And gave useful tips on how to safeguard yourself.
Make sure to watch! Here is the link: https://youtu.be/p0Gh4vr7XAg
❗️Buying some #POND here
Fundamentally strong project, has given us great profit during previous rally.
At the moment it is consolidating in a tight range for a long time. Broke the $0.01$ resistance, took hold above and now forming a Falling Wedge.
Worth buying, but be careful. Bitcoin can ruin the setup partially.
📈 Less than 1.5 years left before the next 2024 Halving happens!
Current halving progress is 70%. Patience will be rewarded.
✍️ MAs and EMAs we always have on the chart:
4-Hour chart: MA100, MA200 and EMA100
1-Week chart: MA200 and EMA200
🧐 WHY DO TRADING PATTERNS WORK?
We all use patterns in daily trading, however very few know not only how they work but WHY they do.
I made a Twitter Thread about this topic, including: Ascending Triangle, Descending Triangle, Symmetrical Triangle, Bearish Flag, Bullish Flag, Falling & Rising Wedges, Head & Shoulder and Inverse H&S.
I'm sure you will find this thread useful. And if so, please Like and Retweet, I will be very grateful!
Link to the material: https://twitter.com/Robert_Klondike/status/1629112969916293120
❗️Buying some #APT here
Found a support at the $10.8 level, moreover the price formed a falling wedge .
Once the market reverses, we will get a massive growth on this coin.
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🪡 Do or Die situation for Bitcoin. We must bounce from the Daily EMA200.
Otherwise $20,000 will be programmed.
❗️#LTC — Halving Is Coming!
There are less than 5 months left before the Halving on Litecoin finally happens. Time to build a position if you still don't have some.
There was a support at $91 level. It was broken downwards during the recent dump. The most important support is the ascending trend line that hold the price since the mid of November 2022.
We can also see a fake breakdown of this trend line, for this case we have some orders at the $80 and $73 levels.
Overall target is $110+
❗️ Improved Trading with ASIAN Trading SESSION!
Asian Trading Session is one of the most important among others:
- Many of major mining companies are asian
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We made a small thread on Twitter about Benefits we can get from Following Asian Sessions. I'm sure you will find this thread useful. And if so, please Like and Retweet, I will be very grateful!
Here is the link: https://twitter.com/Robert_Klondike/status/1631317677825314817
🦋 ETH UPDATE
Yesterday we've told that Ethereum will outperform Bitcoin on the next move, so here is the analysis.
In fact, Ethereum is stuck between two levels: $1550 and $1690. We may easily see a re-test of the $1550 support. For this case, we place bids there.
Moreover, there is a bullish flag on the high time frames. It should help the price to break through the $1690 level and fly higher. It is only a matter of time.
📍#SPX & #DXY UPDATE!
Combined two important charts in one post. As you know, they both are very important for better understanding Bitcoin's and overall crypto market's prospects.
U.S. Dollar Index (#DXY): the index has reached the resistance at 105.3 points and was rejected from there. Moreover, it just broke the 0.618 Fibo down and taking hold below it.
Ready to move further downwards to at least 103.4 points, which is the middle line of the recent movement. Overall, it is bullish for crypto.
S&P500 (#SPX): this chart is a bit more complicated. The index has broke the 4005 support down and consolidating below the level for quite some time. At the moment we still have chances of coming back above this level, since #DXY is bearish.
Outcome: the stock market looks neutral/slightly bullish for crypto one.
✍️ USE RSI INDICATOR CORRECTLY:
https://twitter.com/Robert_Klondike/status/1630199830751457280
🐝 BTC UPDATE
Made a cup of tea. It's time for Sunday's Bitcoin Update. Let's get started.
The chart is simple. We have a horizontal channel, where $22,050 is the down border, $23,500 is the middle line and $25,200 is the upper border. From the first glance, Bitcoin doesn't seem bullish at this point.
However,
We can't ignore the fact that the recent dump was accompanied by MASSIVE volumes, but bears were able to dump the price for only a couple percent. What's more, we saw purchases of hundreds Bitcoin in the $22,800 - $23,000 zone.
Taking into account bearish #DXY and bullish #SPX, we have all chances to see Bitcoin bullish next week.
All in all, as long as the price remains above the $22,500 support level, the up-trend is safe. I hold a major part of the deposit in Bitcoin. I do believe that breakout of $25,000 must happen. But, I might be wrong. DYOR.
🔥 Mining Difficulty is Rapidly Increasing!
This time it has increased by +9.95%. Reached a new ATH. On-chain metrics push Bitcoin upwards, currently we just need to wait for the next leg up.
📉 BTC UPDATE!
The price dumped exactly to our buy orders, we filled our bags with #BTC even harder.
Nothing serious happened. Many people are crying that $23,300 was broken, but it is not that bad. The price is recovering fast.
Marked the previous strong dump on Bitcoin on the chart. Take a look at volumes, it cost a lot to dump the price, but then it recovered easily. Expect the same now.
Moreover, we noticed a HUGE purchases made by whales in the $23,000 zone. Hundreds of Bitcoin were purchased. Ready to move upwards.
🐝 BTC BRIEF UPDATE
Bitcoin is in a peaceful flat. The price made a bullish flag and consolidating inside it.
All the levels remain the same, supports are: $23,300 and $23,800. Resistance is $25,000. We hold more than 40% of the deposit in Bitcoin currently. And having bids in the $23,200 - $23,300 zone.
🐝 BTC UPDATE
Bitcoin is stuck in a tight range between $23,800 and $25,000 levels. We may also see a fake breakdown to the $23,000 - $23,300 zone.
At the moment the priority remains bullish and all dips are good for buying. We have some bids in the $23,300 range, just in case Bitcoin visits this area.
📉 #MATIC UPDATE
As you can see, after some consolidation below the resistance level, the price was finally rejected and we saw a dump.
Wrote about it yesterday.
If you took this position and earned — my congratulations. Dumped for 9% profit with x1 leverage. I prefer not to trade against the trend, so didn’t took this one.