BTC UPDATE:- What a harsh day for all crypto community. Total manipulation by some big players. First, they fight, after they publish good news and everyone becomes euphoric, and then a huge dump. I hope our community members are safe by just staying sidelines.
After all this drama, one good thing is that BTC is still holding an important support area. As you see in the chart, BTC closed above the green support area and is fine as long as it has above it. Now we need one more daily candle to close above this support area for better confirmation.
Note:- This chart is invalid if BTC closes below the $18.4k level.
We will keep updating you. Stay tuned and pin our channel at the top.
๐จ Please don't go with High Amounts Because now market fully in control of Manipulators they can rekt you.
ะงะธัะฐัั ะฟะพะปะฝะพัััั…After this announcement many investors came back to FTX along with $FTT Holdings. ๐
But it takes some time because looks like SBF And Cz selling their FTT coins now.
BTC UPDATE:- BTC is rejecting badly from the resistance at $21.5k and currently trading around the $19.5k level. The main reason for this dump is the tension between CZ and Sam and creating a FUD. But if you look at the bigger picture you know all these FUDs are the best buying opportunity in the long term.
Currently, we have two important support for BTC at $19.2k and $18.4k
Let's see how far this fud is going. As of now wait for the right time to take entry.
We will keep updating you. Stay tuned and pin our channel at the top.
#FTT
It's all about 22$ support level
Holds the one and we are good. Break below will trigger a leg downside
๐ฐCurrently FTX Fud running so it's creating Fear in this Crypto market it's causes sell off
ะงะธัะฐัั ะฟะพะปะฝะพัััั…$BTC Daily Review
We are now testing the major resistance zone around 21500$ (key zone)
For the local priority to remain bullish I want to see a break above the one.
Until that happened, I consider scalping in between 21500$ & 20250$ range.
Invalidation for the local bullish priority will be a break below 20250$ support zone.
๐$MATIC/USDT (LONG)
Leverage: 1-3x
STATUS UPDATE
TP 4: 0.94โ
TP 5: 0.99โ
TP 6: 1.04โ
TP 7: 1.10โ
TP 8: 1.17โ
TP 9: 1.25โ
Profit: 182.7% (3x)
Top gainer, once again s Sicilian pickโฆ cheer everyone!!๐ฅ๐ฅ
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Longing ZRX
#ZRX/USDT
Lev - 3x
Entry 1 - CMP 0.269 (50%)
Entry 2 - 0.256 (50%)
SL - H4 close below 0.25$
Targets - 0.28 - 0.3 - 0.33 - 0.4$ (25% each)
BUY SMALL FIL/USDT AT 6$ , SOON IT CAN BE BREAKOUT AND GREAT PROFIT WE CAN MAKE
ะงะธัะฐัั ะฟะพะปะฝะพัััั…I can't say that I like that wick to the upside, but let's stick to the initial plan!
$20100 - $20200 area is support until proven otherwise. Good area to buy because of great RR imo.
Bull Run 2019-2021
1. Create a pre-mined token XYZ
2. Pump the token using VC and own money
3. Create some use case for the token exchange, swaps, marketplace etc
4. If the token become big take loan against your own token
5. Use the part of loan to buy your own token and pump it more.
6. Use the remaining part of loan to invest in other assets hoping for profit
7. If it's bull run and profit comes take more loan against the profit and pump your token more.
8. Take more loan against the pumped token.
9. As you control token supply and unlimited supply. Mint more token if there is no limit on supply
10. Take more loan and buy different assets. Retail fomo and whole market pumps
11. It's bull run. Yeahhhhh
12. Now comes the bear run.
13. Your main token XYZ price starts dumping
14. You are getting liquidated to pay the loan against your token
15. You sell all the assets you bought from loan thus dumping the market
16. Your token price goes in free fall.
17. You can't payback the loan.
18. Your exchange/firm/whatever hell your token have made usecase around goes bankrupt
19. Market collapse
This is the story of LUNA, 3AC, Voyager FTX and so on.
Greedy men rekting users. Greedy men rekting retail.No doubt crypto is called ponzi. Sam Bankman turned out to be such a fraud. His PR constantly painted him as a savior of crypto ecosystem but behind the back he was just running another over leveraged ponzi scheme
Even after bad fundamentals #FTT still respects its technical levels. #FTT formed a falling wedge on the weekly time frame and after it got a rejection from the upper trendline of the wedge price is now holding near the Lower trendline of the pattern.
A break below this level could send the price near $14.6 which is working as an immediate support level. "On-chain analytics show hundreds of millions being withdrawn from #FTX over the last day
FTX TOKEN UPDATE
Seems we have support of descending triangle is already lost๐
Trying to short here๐
Setup is invalidated only if we flip back above the support.
https://twitter.com/Drvkich/status/1589538464256512001?t=0_IFt735uLw2D2rpY7U4qg&s=19
ะงะธัะฐัั ะฟะพะปะฝะพัััั…VET/USDT LONG/SPOT
LEVERAGE: 1-3X
ENTRY: 0.0215 - 0.0260
TARGETS: 0.0268 0.0278 0.029 0.031 0.034 0.039 0.046 0.060 0.088
SL: 0.0188
Pros pumping hard for those of you who bought without caring for 1 cent
TP 2 SMASHED
At this huge Resistance we maybe see Scam Pumps for squeezing Short positions so it's high risk trade.
ะงะธัะฐัั ะฟะพะปะฝะพัััั…BTC UPDATE:- BTC breaks out from the triangle as we told you in our previous update. Now it must hold the $20.2k-$20.4k range for more upside continuation. If holds this area then $21k-$21.5k is very likely from here.
Stay tuned for more updates.
Longing MKR
#MKR/USDT
Lev - 4x
Entry 1 - CMP 860 (50%)
Entry 2 - 795 (50%)
SL - H4 close below 75$
Targets - 910 - 980 - 1050 - 1200 - 1500$ (20% each)
FED HIKES BY 75 BPS ,
Thats means it's not going to effect markets much more. ( Little bit +ve that's it )