BTC: Bitcoin has started a fairly strong rally. But green candles are not the same as an impulse. We need to observe whether we get a finished wave 1 and then maintain wave 2. Currently, we're only in a forceful corrective wave from the low point. Don't exhaust yourself by staring at the screens all day and night. You will need your energy for the critical part of the third wave move, myself included. One more wave up above yesterday`s high and I can call this a 5-wave move up. But, we only have 3 waves up so far and below $29,300 I call it a failed attempt to create an impulse to the upside. Below that level it is rather clear that this rally failed and we continue with our plan. If you are wondering why I always watch for 5 waves, which we call an impulse, then consider an impulse in trading as akin to a lighthouse for sailors in a time before modern navigation tools. It serves as a fixed point, guiding traders through the choppy waters of the market, much like how a lighthouse would guide ships safely t...
Читать полностью…BREAKING: #RIPPLE BUYING BACK XRP AS INSUTITINAL INVESTORS REQUIRED MORE $XRP FOR THE RIPPLENET ON-DEMAND LIQUIDITY PAYMENT SYSTEM.
Читать полностью…Coinbase reserves decreased by 513,000 BTC since Q4 of 2020. That’s almost 50% drop in last 3 years. Investors confidence is declining with FTX burst and other CEx hacks and exploits.
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BTC UPDATE
The price has been consolidating above the $30,000 level for almost a month. Dumped below this level, but can’t get back above this level.
Bearish? Yes.
The closest support for now lays in the $28,000 - $28,500 zone. We still hold Bitcoin on spot, but not more than for 25% of the deposit.
ETH: price is consolidating in the resistance range. If price can break and sustain above $1910 I have to explore a more directly bullish scenario. Until that happens the preferred downside structure is still valid and intact.
Читать полностью…BTC: ready for action? This could be our C-wave of wave 3.
Читать полностью…INJ: no change so far. Still a chart with poor probabilities. The $10 price level presents significant resistance and can be considered a breakout point. For now it seems to be on its way back into the already communicated support area in yellow. The ascending trend line can also be watched for a potential reaction. $6.17 is key bullish support.
Читать полностью…$BTC Funding Rates Strategy
"The strategy has shown a solid result during the last year, giving areas of overheating and "cooling" of a trend.."
FET: $0.19 is relevant bullish support but it is a poor quality setup in my view as the 5 waves to the upside are rather unclear. Especially the 5th wave is very short. I would not be surprised if price breaks below $0.19.
Читать полностью…Doge whales bought more than 37B doge for last 3 weeks.
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BTC: The next minor resistance level is at $29,350, but as long as we observe a 3-wave upward price structure, it's merely a corrective action to the upside. In this corrective scenario, no specific price point is critical. I'm keeping an eye out for a 1-2 pattern, consisting of five waves followed by three. Without this pattern, attempting to ride a B wave might lead to getting trapped.
Читать полностью…BTC: The height of this fourth wave is significant but acceptable if C forms a diagonal. As previously detailed, with each low point, the likelihood of a turnaround to the upside grows. This turnaround, though early, could signal a bullish trend, but it would only be feasible within a WXY structure. Let's pay attention to the wave patterns. Price should now move back down. If it continues to rise, then l will begin to look for a 1-2 setup that could indicate an early reversal.
Читать полностью…Fundamentals & On-chain Data
"At the current stage, it is more likely that we have a lot of similarities with the recovery phase and officially returning to the bull market around late 2015 and early 2016."
Last 24 hours left for the membership to end and the doors will be closed forever.
🔥🔥JOINING INSTRUCTIONS🔥🔥
Connect with the Admin here - @confidential_circle
*The confidential circle + Crazy returns (June was 702% ) + Insider Whale activities + Dedicated mentor*
✅ The admins of “The confidential circle” have direct contact with the top 10 Crypto whales who are responsible for moving the markets, so the members are always aware of whether the market is going to go parabolic high or dump hard
✅ The confidential circle members receive 5-10 signals on daily basis available to noone outside the circle.
✅ The signals are short- and medium-term.
✅ Specified entry, take profit and stop loss objectives.
✅ Dedicated mentor available 24x7 via chat.
✅ Tutorials and courses for beginner traders showing everything step by step - VALUE -$8000
✅ Average monthly profits of up to 500%
✅ Cornix integration support so that you never miss any profitable trade. Your trading will get completely automated without your involvement using bots.
IMX: the way price development on the micro level looks I prefer to count yesterday's rally as high B-wave. Price has pulled back directly to the relevant short term support and it can also rally more directly in wave 3 but it would need to happen now and would only be possible in an unreliable diagonal structure.
Читать полностью…AAVE: if we get one more high above $75.20 then I can count 5 waves up and we can watch for a smaller degree three wave pullback in a wave 2. If price then forms a higher low, we can call the correction complete and a third wave rally should unfold.
Читать полностью…AAVE: the next low, if we get one more, could be the last one in this C-wave, at $65.80.
Читать полностью…For those who were asking, #DOGE setup is still valid, we are holding!
Читать полностью…Interesting fact: the last time Bitcoin Dominance dumped for more than 4% in a month was in August 2022.
A year ago
We all survived a year in crypto without a single Altcoin Season. We all will make it during the Bull Run.
Binance leaves Germany: exchange confirms it has retired its license application.
Читать полностью…LDO: $1.15 is the A=C target, but before we get there, $1.41 is support. At this stage, lower prices are expected as long as price does not break above the July high. So far there is not sufficient evidence that a lasting low has been established.
Читать полностью…Buying some #DOGE here!
The trade is quite risky, but the chart looks way too juicy to ignore it.
The price has just broken a historically important level of $0.074 with strong volumes. Now it is ready to fly upwards.
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🔥🔥 PRICING (Heavy Discount)🔥🔥
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Connect with the Admin here - @confidential_circle
🔥🔥🔥We recently achieved an 18x returns on a single trade on XRP using leverage. Believe it or not, we enrolled all of our confidential circle members into XRP prior to its SEC win.
In The Confidential Circle, we understand the importance of taking risks to achieve success.
We are launching a new set of programs that will enable our members to achieve the million dollar mark in the upcoming bull market and it will be only limited to our members within the confidential circle which will be forever closed this week because we want to limit the memberships.