17544
This is Earn&Learn channel. We are here to enjoy the ride while learning how to do it. Swing trading without pumps&dumps. Contact @theaudiemurphy for Enquiries https://bit.ly/TheAudieMurphy
Following stocks Bitcoin is breaking the trendline and 20.5k SR and now testing September VAH. Nice volume on that move. Still 1.5H to go till that 4H candle close so early to judge. But close above 20.6k should be bullish.
@CryptoTrades #BTC #Bitcoin
So far DXY price action tells that market was ready for that decision.
Читать полностью…
Dollar Index pumped back to October close at ~111.58, but pulling back again. Eight hours till Interest Rates announcement. Better not enter anything at current levels and wait for volatility to buy the dips.
@CryptoTrades #DXY
Payments platform Worldpay, a subsidiary of publicly-traded FIS Group, will soon enable USD Coin (USDC) settlement for clients on the Polygon blockchain as part of a broader strategy.
(source)
📉 Daily Bitcoin chart review 📈
So far Bitcoin being rejected from 20510 - resistance formed at lower timeframes and visible at 4H.
In expectation for Feds interest rates hike market trying to find consensus price, and that might be lower than current value.
For the bull flag BTC should bounce above 20k. Lower levels left after the pump at ~19750 and ~19560 acting as a magnet to price, so sooner or later we should expect them to be revisited. Today seems like a good day to do that.
🟥 20510 - 20720 - 20870
🟩 20040 - 19770 - 19560
😱 F&G: 30 < 30 < 31 < 34
💩 Alts: 15 < 15 < 14 < 14
Signals: 🔥 Alts Watchlist 💷 Forex 🐦 Twitter
Discounts: ByBit | Binance | FTX | KuCoin | PrimeXBT| BitGet | Delta | Gate | Huobi | MEXC
@CryptoTrades #BTC #Bitcoin
CHZ finally dipped into our buy zone and pumped to 0.242335 - 30% from the dip unleveraged 👍
In case we see another dip look for 0.200-0.208 for new entries.
@CryptoTrades #CHZ #update
📉 Ethereum chart review 📈
Ethereum finally dipped into 1550 SR ✅
Lots of liquidations around 1600-1610 - that zone possess high liquidity, so break above it can give ETH strong bullish impulse towards previous buy tail from October 29th.
Rates hike on Wednesday, lower entries remain valid: nearest at 1515 and for deeper correction 1420 / 1360.
🔥 Trade with maximum discount on fees: Binance | KuCoin | FTX | ByBit | PrimeXBT| BitGet | Delta | Gate | Huobi | MEXC
@CryptoTrades #ETH
Dollar Index pulled back to ~111 SR ✅
Still time left till tomorrow's FOMC when DXY can pump back up. So the main question is if Bitcoin price will already include new rates hike by that moment or will be overpriced and has to go down.
Another important milestone is CPI on November 10th - not so far from today as well. Last time it hit all the markets really hard.
@CryptoTrades #DXY
Dollar Index close to target zone at 111.8-112 ✅
Now everything depends on if it get rejected from this level or not. I think that this first re-visit of SR zone will be rejected and DXY pull back to ~111. That is short term. But reaction to interest rates hike is still an unpredictable factor.
@CryptoTrades #DXY
Projects issue bullish news to get maximum out of that market, while it lasts. 1INCH announced partnership with Revolut.
Next resistance at ~0.662 and ~0.683
🔥 Binance requires KYC? Try MEXC - it offers up to 30% discount on fees + $9000 deposit bonus for new traders 👍
@CryptoTrades #1INCH
The Reserve Bank of India (RBI) will launch the pilot for a central-bank-backed digital rupee for the wholesale segment on Nov. 1
(source)
📉 Daily Bitcoin chart review 📈
Today is the last day of month and I think the best thing to do is wait for its close before making any forecasts. At 4H Bitcoin has clear zone of interest at ~20.2-20.3k for ultra bullish bounce. And two other levels at 19750 and 19560 also support reversal with more consolidation ahead. Not necessary will get there today, but will get there sooner or later.
Don't forget about Feds Interest Rates decision on Wednesday - price might be retracing till then in order to meet forecasted increase in rates.
🟥 20650 - 20870 - 21088
🟩 20200 - 20040 - 19770
😱 F&G: 31 < 34 < 34 < 30
💩 Alts: 14 < 14 < 14 < 12
Signals: 🔥 Alts Watchlist 💷 Forex 🐦 Twitter
Discounts: ByBit | Binance | FTX | KuCoin | PrimeXBT| BitGet | Delta | Gate | Huobi | MEXC
@CryptoTrades #BTC #Bitcoin
Remember today is Sunday (week candle close) and Monday is the last day of November candle.
Wednesday Fed Interest Rate Decision. Previous 3.25% - forecast 4%
So we may expect lots of volatility within nearest days.
Don't use leverage above 3x (or consider position size so that it won't wipe out your account). Buy the dips, short the pumps. No entries in the middle.
Adding MANA to watchlist for potential bullish reversals. Zone around 0.64-0.65 will be a good one for future re-test. If hold above - will grow back to 1.3 / 1.5 / 1.9
Nearest resistance at 0.77-0.8 - might get there before re-test of previously mentioned support. But I wouldn't advise to long it here.
@CryptoTrades #MANA
Stocks bounce from September VWAP - now making breakout attempt of October close at 3875 resistance. Lets see how it plays out after the Powell's speech.
Watch it live here on YouTube
🔥 Trade S&P500 and other indexes with BTC deposit at PrimeXBT
@CryptoTrades #Stocks #SPX
📉 Ethereum chart review 📈
Ethereum/BTC pulling below October close. Nearest support is developing Year VWAP BAH around 0.075 - that is for bullish bounce.
But considering amount of gaps left after the pump I assume we should also be ready for deeper correction to any of lower levels: 0.074 / 0.072 / 0.070
🔥 Trade with maximum discount on fees: Binance | KuCoin | FTX | ByBit | PrimeXBT| BitGet | Delta | Gate | Huobi | MEXC
@CryptoTrades #ETH
Deribit, the largest bitcoin options exchange by market share, lost $28 million in a hack. The company also halted withdrawals.
"Deribit hot wallet compromised, but client funds are safe and loss is covered by company reserves," Deribit tweeted. "Our hot wallet was hacked for USD 28m earlier this evening just before midnight UTC on 1 November 2022."
The company said it is performing ongoing security checks and has halted withdrawals — including withdrawals from third-party custodians Copper, Clearloop and Cobo — until it is confident that the platform is safe to re-open.
(source)
🗓 Economics Calendar 🗓
🇺🇸November 2, at 18:00 UTC, the Fed interest rate decision will be announced. Previous 3.25% - forecast 4%
🇬🇧 The UK interest rate decision will be announced on Thursday, November 3 at 12:00 UTC. Previous 2.25% - forecast 3%
🇺🇸US non-farm payrolls data will be released on Friday, November 4 at 12:30 UTC. Previous 263k - Forecast 240k
🇺🇸The US unemployment rate will be announced at 12:30 UTC on Friday, November 4th. Previous: 3.5 - Forecast 3.5
S&P500 making another swing targeting breakout attempt of 3918.5 high left from September 20th. Considering FOMC tomorrow and CPI on November 10th I advise to be very cautious with longs at this level. Better consider shorts on the pump if it happen.
🔥 Trade S&P500 and other indexes with BTC deposit at PrimeXBT
@CryptoTrades #Stocks #SPX
This is how DCA bot works on ETHUSDT Futures example - buy the dip, sell the bounce. More dips, more profit from the bounce 😎
Don't feel like trading manually? Try fully automated 3commas DCA trading bot for only 30$ per month. Active since August 2019. Works both on BTC and USDT pairs 👍
Sign up here - https://3commas.io/marketplace/71
🔥Use this link for 10% discount on first 3commas subscription
💡FAQ for 3commas trading bot settings
📺 Video covering over 2 years of bot performance
💳 DCA bot works with Binance| KuCoin | FTX exchanges
P.S. You can monitor signals given to this bot here with small delay
📉 Daily Bitcoin chart review 📈
Bitcoin dipped into 20.2-20.3k zone ✅
That dip created visible volume, but the bounce so far generates none. So either we will see volume spike on breakout above ~20720 (and acceptance above that level will be confirmation for bullish continuation), or volume will appear on second leg down to close fair value gaps below at ~19750 and ~19560 levels.
If you followed my review and entered at that dip you are in almost risk free trade with 2% unleveraged profit 👍
🟥 20720 - 20870 - 21088
🟩 20480 - 20040 - 19770
😱 F&G: 30 < 31 < 34 < 34
💩 Alts: 15 < 14 < 14 < 14
Signals: 🔥 Alts Watchlist 💷 Forex 🐦 Twitter
Discounts: ByBit | Binance | FTX | KuCoin | PrimeXBT| BitGet | Delta | Gate | Huobi | MEXC
@CryptoTrades #BTC #Bitcoin
LINK have reached channel top (Q3 VAH). Theoretically can spike higher to ~8.36, but I'd be careful with long entries here. No FOMO. Long entries safe zone starts at ~7.37
@CryptoTrades #LINK
BNB pumped, KCS also look bullish. Main resistance zone above is around $10.5
🔥 Now we offer 20% discount on fees ref link for #KuCoin! Hurry up and get maximum out of your trading
@CryptoTrades #KCS
📉 Ethereum chart review 📈
Ethereum didn't get a little to nearest bullish entry at 1550. New SR level now at 1590.
If current market bullishness will be wiped out by Interest Rates hike on Wednesday, lower entries remain valid: 1515 and for deeper correction 1420 / 1360.
If rates hike was included in current price action. and ETH will make another leg up, it will be targeting ~1700-1740 zone
🔥 Trade with maximum discount on fees: Binance | KuCoin | FTX | ByBit | PrimeXBT| BitGet | Delta | Gate | Huobi | MEXC
@CryptoTrades #ETH
📉 Ethereum chart review 📈
Ethereum cut off short stops above 1655 buy tail ✅
The rest of yesterday's forecast stays valid.
Bullish entries around 1550 / 1520.
Safe long entries remain lower at 1360 / 1420
🔥 Trade with maximum discount on fees: Binance | KuCoin | FTX | ByBit | PrimeXBT| BitGet | Delta | Gate | Huobi | MEXC
@CryptoTrades #ETH
Our Discord GURU announced new subscriptions window open till November 1st. If you'd like to get the best trading and educational experience, check it out.
https://discord.gg/um9wx84r
P.S. Discord is not the same as TG Premium. I do post some Premium signals there as well as copy some of Discord signals to TG. But in general it is a separate project, which you may like a lot.
📉 Daily Bitcoin chart review 📈
So that I don't repeat yesterday's review, as nothing really changed, posting month chart with Bitcoin cycles. Still 1.5 day left till candle close and as it looks now it has uncertainty with slight bullish bias. But 1k drop can make it doji, and everything below it turn candle into red. So keep that in mind on Monday.
P.S. I still have full belief in my cycles chart and think we will see BTC at 32-40k in 2023 and making new ATH in 2025. But same chart tells me that bottom should be somewhere in between December and March, so the Moon mission is yet in plans.
🟥 20800 - 21350 - 21500
🟩 20300 - 20040 - 19750
😱 F&G: 34 < 34 < 30 < 32
💩 Alts: 14 < 14 < 12 < 12
Signals: 🔥 Alts Watchlist 💷 Forex 🐦 Twitter
Discounts: ByBit | Binance | FTX | KuCoin | PrimeXBT| BitGet | Delta | Gate | Huobi | MEXC
@CryptoTrades #BTC #Bitcoin
ADA broke out 0.375-0.382 SR and bounced from it on re-test. Now pumped to Q3 VAL
Big caps certainly taking everything out of weekend. Watch out for LTC - it has similar chart.
🔥 Can't trade at Binance Futures? Try MEXC - 4th largest CEX in the world - it offers up to 30% discount on fees + $9000 deposit bonus for new traders 👍 And no KYC required 🔥
@CryptoTrades #ADA