Trader, Certified Technical Analyst since Jan 2015. Called the market Tops and Bottom publicly since 2019. Am here to help. Follow me on Twitter @Cryptorphic
That's three consecutive green weekly closes and the first higher high since March 2024—bullish momentum is building!
While the daily close shows some short-term weakness, we’re still eyeing a continuation to the $70K zone. A potential retest between $63.2K and $64.6K could offer prime buying opportunities.
The tides are turning—are you ready? Dips are meant for buying!
Pavel Durov's journey is nothing short of inspiring. From creating Russia's largest social network, VKontakte, to founding Telegram, one of the most secure messaging platforms in the world, he has always been ahead of the curve. Despite facing immense political pressure and even exile, Durov stayed true to his vision of free communication, building Telegram into a $15 billion+ empire. A visionary who proves that resilience and innovation can change the world.
The below given picture says it all, give it a thumbs up for Pavel.
XRP/USDT is on the verge of breaking out from a long-term descending triangle pattern on the weekly timeframe. The price is currently hovering near the critical resistance zone. A confirmed breakout could set the stage for substantial bullish momentum.
Entry Strategy: - Entry: Upon a clean breakout, close above the 0.6270 level, confirming the move beyond the descending resistance line, to accumulate $.55 to .62 is a good range!
Stop Loss (SL): - Stop Loss: Set below the support level at 0.4820, in case the breakout fails and bearish momentum takes over.
Take Profit (TP) Targets:
- Target 1 (TP1): 0.9380 – A retest of the local high from April 2022. This target offers a 50% potential upside.
- Target 2 (TP2): 2.0059 – The major resistance level and key psychological zone. This gives a possible 200% gain from the breakout entry.
This is not financial advice, Always do your research.
Do show your support and hit that like button. If you have any questions/requests you can comment, and I'll read you. :)
TAO is Unstoppable! It's up 17% today and an amazing 100% since our average entry at $235!
We told you to be patient and wait for the dip, and we called the exact bottom. Not to brag, but if you keep missing trades like these—where we don’t just give signals but provide well-explained, rational setups—you’re really missing out! Unlike other Influencers, we provide detailed, high-quality analysis that not only tells you what to trade but why to trade it.
We break down the reasoning behind every move, which gives you the confidence to understand the markets—not just follow blindly.
Profit Update for TAO/USDT 🚀🔥
To all my amazing followers, here's a quick update on our TAO/USDT trade! 🎯
📊 Entry Point: Around $217 with an average entry of $235 on July 02. 📈 Current Price: $473 (at the time of posting) 💰 Profit: That's a 101.28% increase based on the average entry! 🚀
The breakout is going as expected, and we've already doubled our investment!
For those holding, keep an eye on the next key levels as we approach new highs. Am I selling? No! , I’ll add more in the dips.🙌
Next target: $777 For those who missed this one too, God help you! (👀 All-Time High in sight!)
Stay tuned for more updates and trade safe! 💹 BITCOIN
Do hit the like button if you like it, I will be sharing more altcoins like this so do not forget to follow me!
If you’re on high leverage, you’ve still got around 3 hours. Expect volatility in both directions before the market decides its path. Remember: precaution is better than regret.
I’ve already closed most of my high-leverage trades since yesterday. Orders for $AUCTION, $SUI, $TURBO, and $TAO have been placed 5% to 15% below the current market price. I’m holding small sizes with low leverage.
Here’s what to expect with this strategy:
1. No Dip, Market Pumps: You’ll still hold a decent position size if the market moves up.
2. Market Dips: You’ll secure better entries, and your position will be DCA (Dollar-Cost Average).
3. Market Drops Further: You’ll have a chance to exit during the bounce with DCA’d positions, minimizing losses based on your risk tolerance.
4. BONUS STRATEGY: Avoid holding any positions!
Let the news sink in, and trade based on confirmed moves.
The daily chart looks absolutely massive! Breakout and retest confirmed on lower time frames (LTF), with strong price action (PA). Volume is up 45% in the last 24 hours, signaling whale accumulation!
🛑 Stop Loss: $12.97 (Subject to change based on market conditions. You’ll be updated if anything changes.)
⚠️ The FED meeting is today, so enter with a smaller position size. Volatility could be high, and even minor fluctuations can lead to big losses, especially for smaller traders. Manage your risks wisely!
Memes like $NEIROCTO, $TURBO , and $BABYDOGE have pumped—what's next?
Keep an eye on #DOGSUSDT🥳🥳 , it could be the next to moon! Accumulate during the dips. I’m not pushing these charts for FOMO; just giving you a heads-up. DYOR, and if you like the setup, buy during dips to build strong positions with a tight stop loss.
With the FED meeting tomorrow, I’m expecting a dip around $0.000788, but we’ll see.
Futures portfolio doubled in 20 days with just 9 trades. Remember, you don’t need to trade every day. Be patient, wait for the right setup, and always keep your stop-losses in place. Take profits when available—always.
Educational posts coming up on strategies I implement in my trades. If you’re interested give it a like, repost! Thank you for the support.
🚨 BREAKING: CZ, the billionaire founder of Binance, is set for release from prison on September 29, 2024. After serving a 4-month sentence for anti-money laundering violations, CZ's early exit from incarceration marks a significant moment in the crypto world. Despite the hefty fine on Binance and his personal fine, CZ remains on Forbes' Crypto Billionaire List.
🔍 Details:
- Sentence: 4 months for failing to implement adequate KYC at Binance. - Prison: Served at Federal Correctional Institution, Lompoc, California. - Current Status: Moved to Long Beach Residential Reentry Management for release preparation. - Wealth: Estimated $27 billion+, making him one of the wealthiest individuals to spend time in U.S. federal prison.
🌐 Why It Matters: This event underscores the intersection of regulatory scrutiny and the crypto industry's growth. CZ's case might set precedents for how crypto exchanges operate globally. This date crazily aligns with the beginning of Q4! Do you think the market will respond with some Giga candles?
#Bitcoin closed the week at $59,132 on Binance, still below the liquidity zone. It might be best to wait until the 18th. During this period of sideways movement for BTC, altcoins could have a chance to grow. The market's direction will depend on the outcome of the rate cut news on the 18th.
It seems they are positioning USDT as the new "money printer" dollar, aiming to dominate the market by acquiring crypto assets like BTC and ETH virtually for free, while the rest of the world toils away. This strategy could turn them into the largest whales in the major crypto assets, ultimately controlling the entire market. As usual, politics and fraudulent systems exploit and enslave people, allowing only a few to maintain control over the world.
Our opportunity now lies in being early adopters of crypto assets, which are on track to become one of the world’s most valuable asset classes. However, once the "new normal" is established, the best approach will be to enter and exit the market strategically, taking profits as opportunities arise. Exceptions will be rare but could include promising new startups or significant advancements within specific projects.
If you're out of positions and feeling the urge to FOMO, wait for the weekly close. Of course, you can do whatever you want, but this advice is mainly for the newcomers.
We’re entering a resistance zone—be cautious. Only a daily close above $60.8K will open the door to $69K!
#BTC closed at $58,132.32 (Binance). It seems the chart I shared weeks ago is playing out perfectly. We’re highly likely to reach the $60K level soon! Keep an eye on the upcoming weekly close.
In the meantime, alts should continue making positive moves.
Captured this shot of the moon from my phone. This is where Q4 of 2024 will take us. Isn't this what we all dream of? Aiming for the moon 🌙🚀 Are you prepared?