🐝 BTC UPDATE
As usual, let me explain what I mean by this chart
The overall upward priority remains valid, I still expect correction to appear from the $38,000 - $40,000 zone. The main plan is between orange vertical lines.
However, chances of $35,700 - $36,000 support breakdown increasing. The longer we don’t see any upward impulse, the higher chances of support breakdown are.
We will partially decrease the size of our holding in case of breakdown. Will post a re-buy setups a bit later in this case.
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🦋 ETH UPDATE
Yeah, the price was able to break through the descending trend line that has started forming bakc in April 2023, but…
There is also a $2110 resistance that was set based on the May 2022 important level.
Breakout of this historical level will lead us to a new phase of Ethereum’s growth.
💭A few thoughts for those of you who truly want to make it:
1) If you were not able to join the market once the growth started - don’t worry. Not doubt, it was (is) a nice ride, including #LINK, #INJ and other gainers. But trust me, there will be x20 of such opportunities in the future.
2) The 2024 year and the beginning of 2025 is a chance of your life to be changed. We consider the upcoming season as the last season of massive gains in crypto. This is the last time you can easily X10 your portfolio. The 2028 - 2029 season will bring you not more than X5. Not that easy.
3) We are preparing a YouTube video why the 2024 will be so important to crypto. Briefly speaking, all the factors, including U.S President Elections, Interest Rates, ETF, Halving and others will make this year an absolutely unique. Every day will matter.
4) If you really want to change your life — forget about parties, procrastination, gaming, alcohol and other fun for this year. Focus on work. Focus on trading. Rest not because you want it, but because you need it to work better.
5) Back in the late of 2016 I’ve sold my apartment to invest in crypto. I had enough money to trade, I just saw a significant opportunity in this area. I’ve sold it for $120k and counting to these days it made me more than couple of millions $. Great achievements require important decisions
.
I wish you all guys all the best. I want all of you to change your life in a better way. I will do my best to help you in the next Bull run. I’ve already covered all my needs… I am here to have some fun because it helps me to meet some interesting people and because I want to contribute to your success.
Peace ✌️
🥷 EARNED ON THE #ETH PUMP!
Six hours ago we published a LONG signal on #ETH in the Premium Margin Channel. It pumped fast and by now printed +180% profit!
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🤞 May be this time Ethereum manages to give us a proper bounce from the support and start outperforming Bitcoin…
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🦋 Meanwhile, Ethereum still struggles to break the descending trend line I’ve mentioned two days ago.
That’s why we must wait for a proper breakout. Either it is a strong impulse that sends the price to $1970+ or higher instantly OR at least 3D candle must close above this level.
✍️ Meanwhile, Bitcoin formed two gaps below the current price on CME Exchange
- $34,890 — $35,030 (small gap, easy to fill)
- $34,115 — $34,295 (small gap as well, but needs a bigger correction to be filled)
🏁 #DYDX made +30% profit so far, closed 1/2 of the trade, stop loss moved into the profit zone
Читать полностью…🐝 Bitcoin made its move and reached its crucial resistance of $38,000 that was set up back in the beginning of 2022
🦋 Ethereum is lagging but will definitely follow #BTC and reach its crucial resistance of $2500 in the near future!
❗️Buying some #VV at this point!
This is an AI token that has been consolidating for a month below the resistance and now READY to breakout!
Moreover, there will be a listing on Bitget at 11 UTC today and 4 more listing on CEXs in November.
🤷♂️ I don’t know anyone that uses Poloniex but if you do I’d take funds off there..
We trade on these two exchanges:
Derivatives/Futures Trades — BingX.com
Spot Trades — Bybit.com
🐝 BTC UPDATE
Yesterday we saw a proper shakeout. Triggered both LONGs and SHORTs.
Bitcoin now should consolidate for some time allowing altcoins to grow unhindered.
After that consolidation we must see another wave of growth up to the $40,000 - $42,000 levels and this resistance will more likely act as a local top for Bitcoin.
The real correction should start from there. But you need to know these are early plans, time can change things.
❗️The iShares Ethereum Trust has just been registered in Delaware.
For context, BlackRock's iShares Bitcoin Trust was registered in a similar manner 7 days before they filed the ETF application with the SEC.
🎥 Crypto Tier List - [TOP 2024 BULL RUN ALTCOINS]
We made a video where Ranked 21 of our favorite Altcoins in terms of growth potential from x5 to x50!
Please like and leave a feedback 🙏
Make sure to watch: https://www.youtube.com/watch?v=w8hWlXfZKOQ
🐝 BTC UPDATE
Bitcoin is acting perfectly bullish!
- Formed an ascending triangle
- Broke it upwards
- Made a retest
- Continued growing
Congratulations with profit for all the people who were holding!
🐝 Bitcoin 2024 - 2025 Cycle Analysis - [ELLIOTT WAVES]
I bet you’ve already seen the chart, but let me drop a few explanational words.
As you know, every movement has the following structure: «impulse - correction - impulse - correction - impulse». Speaking very roughly, this is what Elliott Waves 1-5 pattern is about.
Taking a mark of $16,000 as a bottom (and final) of the previous descending movement, we can also consider it as a start for a New Upward Movement.
1️⃣ The first wave (impulse) will be finished at 38.2% level by Fibo. This is $48,500 mark on Bitcoin. Q1 - Q2 of 2024.
3️⃣ The third wave will be finished at 78.6% level by Fibo. This is $86,000 mark on Bitcoin. Q2 - Q3 of 2024.
5️⃣ The last fifth wave finished at 100% by Fibo. This is $100,000 - $110,000 levels on Bitcoin. Q1 of 2025.
And as you can see, corrections during the first three waves usually are very tiny. If you are waiting for a massive correction down to buy more crypto… good luck to make a purchase at $70,000 by the end of 2024.
🎯 #XRP has perfectly reached ALL our targets, made +34% profit on spot and was rejected from the exact top.
Good trade, we’ve fully closed this one.
🔥Highly awaited pump from #AZERO happened!
3/5 targets reached, printed +40% profit from spot purchase!