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🏁 #APT has also pumped, made +17% profit! Closed a half of the position.
Stop loss moved into breakeven zone.
🏁 #OP made +23% profit on spot so far, reached 4/5 targets. Closed 3/4 of the trade. Stop loss moved to the first target. Fast profits.
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❗️Buying some #OP on the breakout of the bullish pennant!
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✍️ By the way, here is the list of tokens we are currently holding:
1. AXS
2. LINK
3. ARB
4. SOL
5. APT
6. INJ
7. SFP
8. GODSBased list. Just have no desire to rush into risky positions while Bitcoin is rallying upwards. That's why has only two ones there (Gods already in +65% profit).
If we see confirmations of coming altcoin season, will start buying more riskier and high reward choices.
🐝 Bitcoin perfectly repeats the pattern from 2019 that we've shared four days ago!
The price has already pumped from $38,500 to $44,000 which is +15% growth!
Just according to this fractal, Bitcoin must visit $46,000 - $48,000 zone before going on correction. Let's see how it will perform!
❗️Buying some #LINK here!
The price made a breakout of the $15.1 resistance (ascending triangle) and now testing it from above.
Can easily move higher from current points if Bitcoin doesn't ruin the party for alts.
🐝❤️ BTC!
As expected, after breaking a significant resistance of $38,300 Bitcoin just kept growing, both targets are now reached.
Later today will post a bigger picture how I see a possibly development of further price actions.
For now just taking profits on all the positions.
🐝 BTC UPDATE
The price broke through the major resistance of $38,300 and made an instant move upwards to the $39,500 mark.
Great sign for bulls, nothing stopps them from continuing the rally upwards. Closest targets are quite obvious: $40,000 and $41,000.
If the price goes to the $38,300 support, it is a great point for averaging the position and buying more.
🦋 ETH/BTC UPDATE
The price made an impulse breakout of the bullish triangle and now trying to take hold above the level.
If we see a strong reaction and the price will remain above the level, Altcoins will get a great chance for another rally upwards!
🏁 #SOL keeps growing and printed +75% profit with x5 lev so far! Closed 1/2 of the positions here.
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🦁 Bitcoin 2019 vs 2023
Current Bitcoin Price Chart is very similar to the beginning of 2019 when Bitcoin just started to recover after a massive correction.
We can easily see the structure: First buying wave — massive pump with a significant breakout — Second buying wave — now we may expect a third way upwards!
👉 The minimum target for this movement is $42,000 - $44,000.
Not saying it will 100% happen, but charts look very similar.
❗️Buying some #ARB on this Diamond Pattern breakout!
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🐝 BTC 1-MONTH UPDATE
During the recent two months, Bitcoin made a significant move that literally cut off the path below the $30,000 any time soon.
The price broke through the $31,800 and $35,000 levels. There is one crucial resistance left - $38,400.
Once this resistance will be broken upwards, the full-fledged bull-season on Bitcoin will officially start. As for now we can expect a correction down to broken levels to confirm their new status as supports.
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🔥 #SOL also made a great pump, printed +140% profit with x5 leverage!
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🏁 #OP printed fast +12% profit in 30 minutes by entering on breakout! Stop loss moved to the breakeven zone and holding.
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📍TOTAL 2 UPDATE (1W Chart)
Crypto Market Capitalization exclude Bitcoin has been consolidating above the important level of $670B for a couple weeks for now.
Bitcoin is slowing down for a bit that gives us hope that Altcoins will finally get a next leg upwards!
👀 By the way, since our requested update on #TIA, the token made +110% profit (in just 3 weeks).
We didn't enter this one, but congratulations to those who've been holding!
We're currently investing in a new project by Celestia, which promises to be even more massive than TIA. More likely it will be launched in Spring 2024. We will make sure you will know about it in the first way.
📍 BTC DOMINANCE UPDATE (3D Chart)
We've already posted a Rising Wedge on dominance and it didn't work, because the timeframe was quite low (only 6h).
If we take a look at the bigger picture, we will see that same Rising Wedge (bearish pattern) on the 3 Day chart which is a strong sign of:
1. Coming end of Bitcoin's rally upwards (as I've previously said, I see $46k - $48k as the top for this movement)
2. Possible coming Altcoin-season, if Bitcoin will just stay above the $40,000 zone for some time and won't dump instantly. Flat on Bitcoin — positive sign for alts, as the focus of the market will be changed to them.
📍 #AXS UPDATE
The price broke through the descending trend line that was holding the price for more than a year now.
Axie Infinity seems to be waking up and ready to rock!
🏁 #ARB made +110% profit in three days of holding, 3/5 targets were reached. Stop loss moved into breakeven zone.
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🚧 Meanwhile, there is Rising Wedge forming on a Bitcoin Dominance chart!
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All you have to do is go on an adventure, walk to geo-located incentives, and earn rewards!
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You can even get a chance to win $350 by downloading the app, taking a screenshot and posting it in replies on this tweet from the team!
❗️Buying some #APT on this Bullish Pennant breakout!
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🔥 TOP 10 Altcoins to Buy in December 2023 — [GET IN EARLY]
We made a video where considered 11 (one as bonus) Altcoins that worth buying in December 2023. Listed all groups of coins: as low risk as high risk ones.
Please like and leave a feedback 🙏
Make sure to watch: https://youtu.be/ThFwMHrFzbM
✍️ #INJ has formed a possible Double Top pattern here, closed 1/2 of the position in +14% profit near the second target.
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🏁 #INJ started growing, printed +12% profit on spot so far!
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⛏ Miners are working in non-loss state for the first time since August 2022!
The average cost to mine 1 Bitcoin is now $37,300 ($27,500 from this price is the cost of electricity). In April 2024, after Halving, the cost to mine a single Bitcoin will be doubled.
After the recent two Halvings the cost for needed amount electricity pumped for +65% and +50%. Currently we can expect it to rise up to $41,000 for 1 Bitcoin.