Hello dear traders!
Today #Bitcoin❗ 💵🚀 is almost ready for the final capitulation event at 62k. Is this a lifetime opportunity to buy #BTC☀ and catch the bottom? Definitely yes, you can do it pretty precisely at 62402 with your limit order. Why is this level so important?
The most important is the 0.618 Fibonacci level that we can measure in the previous impulse wave. Second, we have an unfilled Fair Value GAP (FVGAP) that was created on May 15, 2024, during a significant pump. But with these types of GAPS, they tend to get filled, so the probability is relatively high. Third, we have the Point of Control (POC) of the previous market structure. You can see this level on the volume profile indicator on the left side of the chart.
Levels around 62k are really significant, and we can expect a strong reaction from them. But what about Elliott Wave analysis? My Elliott Wave count suggests, that the previous uptrend is definitely an impulse wave (12345), which gives us more confidence in the overall bull run. Now, the corrective wave (WXY) is in progress, and we need to find its bottom. At this point, we don't really know if it will be a WXY (double three) or WXYXZ (triple three) pattern. But the 0.618 Fibonacci level is a strong support, and we should finish the corrective wave here!
After we finish this corrective wave WXY, we can mark it as wave 2 of a higher impulse wave (higher degree) and prepare for a 3rd wave, which will lead us to an all-time high.🚀✨

Thank you, and I wish you successful trades.💰

Make sure you prepare for this huge historical bullish trap on #Bitcoin. 💵🚀 Why? First, look at the price action. We have a bullish flag, that's what everyone sees. The market makers count every cent on their accounts, and this is a pretty good opportunity for them to make a lot of money by trapping retail traders. What will a typical retail trader do in this situation? Probably buy/long BTC at around 71k to 75k. That's where the whales step in and start selling, sending #BTC☀ back to 63k!
Why 63k? This is a strong support because we have an unfilled FVGAP + Point of control (POC) of the previous market structure. I really don't see any bullish sentiment during the summer season, as statistically, Bitcoin has been going sideways.
From the Elliott Wave perspective, we are in wave 5 of the first impulse wave, which is of course very bullish for the long-term, but buying at the end of wave 5 is probably not a good idea. What successful traders generally do is wait for an ABC corrective pattern to form before buying.

Please hit boost and follow for more ideas.
Thank you, and I wish you successful trades.💰💥

➡️ #GALAUSDT #GALA formed a bullish peanut pattern above the HTF. It is clear that it has taken a bullish turn from the major support zone, indicating a high bullish potential.
Waiting for breakout confirmation ✈🚀.
Retest confirmation is also pending.
We expect around 78% in the near future. 👉✅.

#Bitcoin❗ 💵🚀is breaking out of the bear market structure and creating a new uptrend that will lead to an all-time high! This thesis is supported by the fact that after the halving event, #Bitcoin always goes up (statistically, 100% probability). The halving event took place 1 month ago and cut the reward for mines by half. It's recommended to trade with the trend to increase the probability of success in your trades.
From a technical perspective, Bitcoin has been moving in the ascending parallel channel, so you can definitely take advantage of that and buy/sell Bitcoin at the upward sloping trendlines! With TradingView, you can set an alert, and when it hits, you will get notified.
What are the resistances on the way up? As I mentioned, the upward-sloping trendline of the parallel ascending channel is the first one. The second one is the FAIR VALUE GAP (FVGAP) which was created in April 2024. Usually, the start of the GAP and the end of the GAP are strong levels by themselves. You can use these levels for your short-term trades with leverage. These resistances Bitcoin needs to break before a continuation to a new all-time high; I don't see any other significant levels worth mentioning. Always choose the strongest levels to increase the probability of success.
I am bullish on Bitcoin and I believe we will see prices above 100k in Q3/Q4 2024.💰💵🚀

#Bitcoin❗  is breaking out of the bear market structure and creating a new uptrend that will lead to an all-time high! This thesis is supported by the fact that after the halving event, Bitcoin always goes up (statistically, 100% probability). The halving event took place 1 month ago and cut the reward for mines by half. It's recommended to trade with the trend to increase the probability of success in your trades.

From a technical perspective, #Bitcoin❗  has been moving in the ascending parallel channel, so you can definitely take advantage of that and buy/sell Bitcoin at the upward sloping trendlines! With TradingView, you can set an alert, and when it hits, you will get notified.

What are the resistances on the way up? As I mentioned, the upward-sloping trendline of the parallel ascending channel is the first one. The second one is the FAIR VALUE GAP (FVGAP) which was created in April 2024. Usually, the start of the GAP and the end of the GAP are strong levels by themselves. You can use these levels for your short-term trades with leverage. These resistances #Bitcoin❗ needs to break before a continuation to a new all-time high; I don't see any other significant levels worth mentioning. Always choose the strongest levels to increase the probability of success.

I am bullish on Bitcoin, and I believe we will see prices above 100k in Q3/Q4 2024. Thank you, and I wish you successful trades. 🔥💰

#Chainlink #LINK💰 generated a very strong short signal after the pump. As we broke those zones, we also entered the overbought zone with RSI, while the price is also testing now in that major resistance zone.

If all plays out nice, we should see one good rejection from here soon! 🔥📉

#Bitcoin❗️ #BTC🔥🔥🔥🔥🔥 is forming this bullish flag pattern on the daily chart, and we have a lifetime opportunity to buy Bitcoin at the bottom of the flag. What's more, we have a long-term trendline starting in October 2023, which is another reason to buy Bitcoin in confluence with multiple technical indicators. A lot of people are calling for #Bitcoin winter, but I don't think so. I see the recent price action as a great buying opportunity on the other side.

It is always important to do an Elliott Wave technical analysis to see the full picture. From my point of view, Bitcoin has formed and completed the WXYXZ triple-three corrective pattern inside this bullish flag. What you want to do as a trader is trade a breakout above the flag or buy at the bottom of the flag, potentially trading a breakout of the last Z wave.

Another reason why I think #Bitcoin is bottoming out is the chart of Ethereum. This is probably one of the best indicators for Bitcoin, so we cannot miss doing analysis on it. You can check out my analysis of ETH in one of my previous posts, but I can tell you now that the crash was pretty strong (more than 30%) and we are in a bull market, so we definitely want to buy the DIP and prepare for another huge wave to the upside.💰💵🚀

Thank you, and I wish you successful trades.

Long-term #BTC🔥🔥🔥🔥 holders stop selling - again to the Moon?🚀
The CryptoQuant chart hints that the last time Bitcoin made a strong pump after this.💰💵🚀👍

Hello dear traders! Now #Dogecoin‬⁩ produced the classic head and shoulders pattern, a top formation.
It has been bearish lately, everything seems slow.
Trading volume continues to decline...
➖ First, the bias is revealed.
➖ ➖ Then we see a strong challenge of support.
After a period of suspense... Comes the drop!
Everything can easily change; nothing is certain.
👉 If #DOGEUSDT moves above EMA50 (0.15400) the bearish bias weakens.
One can use any stop-loss based on risk tolerance preference.
Ok, the numbers...
____
SHORT DOGEUSDT
Leverage: 4X
Buy-in: $0.16300 - $0.14200
Targets:
1) $0.13500
2) $0.12200
3) $0.11200
4) $0.10200
5) $0.09550
Stop-loss: Close daily above $0.17000
Potential profits: 137%
Capital allocation: 3%
____
Thanks a lot for your support.💰💵✨

Good Saturday my fellow Cryptocurrency trader, I hope you are having a nice weekend.
This is a great opportunity short position #TONUSDT #TON .💵💰 #altcoins❗️
➖ We caught wave A of this ABC correction and now it is only logical to catch wave C.
The chart makes it self-explanatory: The start of wave A is the peak, wave B is the first low and wave C is the lower low which should hit between 0.618 - 0.786 Fib. retracement and/or MA200. Everything points to this level as the next target.
I am wishing you continued success.
I get the feeling this will be a profitable chart setup but, you can always adapt if the market changes.
👉 We have high risk with a very high potential for fast reward.
This is a high probability trade setup.

#Solana #SOL peaked March 2024, together with Bitcoin.
💵💥🚀
One month later, April 2024, a market correction was confirmed. This is confirmed by the fact that support broke, in this case we have a "cap" pattern.
➖ Notice the shooting star, inverted hammer and upper shadows on the candles; all the action has been bearish since the peak session in March.
➖ There is potential for a bearish continuation based on the fact that we have lower volume every session, a weak MACD, lower highs and strictly bearish marketwide action.
My numbers are shared with you for illustration purposes only and should not be construed as financial advice.
Make sure to do your own research.💰

Hello dear traders! Let's discuss and strategize today.
Overall, yesterday the price of #BTCUSDT #BTC 💰experienced significant volatility with a bearish impulse surpassing the $62,000 level, along with that on H1 Descending price channel started to appear (this generally reinforces the strong bear market go up). #Bitcoin is currently reaching $60,863 and up 0.1% on the day, the outlook remains bearish.
From a technical analysis perspective: The $62,000 resistance zone continues to hold but based on the classic candlestick technical analysis setup, I personally still believe that in the short term sellers have less and less chance to hold the zone Resistance keeps the down trend. Additionally, the uncertainty from the 34.89 EMA further strengthens the BTCUSDT pullback outlook. The break of the mentioned line will trigger the realization and delivery phase, which will give us bullish momentum. The targets in this case are $65,542 and $67,928.
🚀📈💵

#Bitcoin 💰🚀 is forming this bullish flag pattern on the daily chart, and we have a lifetime opportunity to buy #Bitcoin #BTC🔥🔥🔥🔥 at the bottom of the flag. What's more, we have a long-term trendline starting in October 2023, which is another reason to buy #Bitcoin in confluence with multiple technical indicators. A lot of people are calling for Bitcoin winter, but I don't think so. I see the recent price action as a great buying opportunity on the other side.

It is always important to do an Elliott Wave technical analysis to see the full picture. From my point of view, Bitcoin has formed and completed the WXYXZ triple-three corrective pattern inside this bullish flag. What you want to do as a trader is trade a breakout above the flag or buy at the bottom of the flag, potentially trading a breakout of the last Z wave.

Thank you, and I wish you successful trades.🚀💵

The price of #Bitcoin is preparing for a final drop to the downside, to 57k per my calculations! The price is still inside this bullish flag formation, and we still need to complete the ABC corrective pattern from the Elliott Wave perspective. At this point, I cannot be bullish at all, just be patient and wait for 57k to be hit before buying #BTC ! 💵
It's also important to take a look at the long term trendline (October 2023 -> January 2024). We have 2 touches, and the 3rd touch is inevitable sooner rather than later! It will be good if you buy Bitcoin at this trendline. Trading is easy if you have the right information. After we hit the trendline, we can continue in the bull market (100k+). Do not forget that prices are usually very volatile around the halving event.💰🚀

#Bitcoin #BTC 💵🚀👍 is in the middle of the bull market cycle, but where exactly? It's necessary to do an Elliott Wave technical analysis to see the full map, as the market always moves in waves. We are almost at the end of the major wave (3), and in summer 2024, we are ready to make a significant corrective ABC pattern. We probably all know that summers are usually boring months with a lot of sideways price action. On the chart, you can see my price projection for the next 1 year.
As per my calculations, the bull market should end in Summer/Fall 2025 with a price of around 130,000 to 170,000 USDT.💵💰👍 The current price is 63,400 USDT, and the bull market started at around 15,000 USDT. Of course, the most money you will make is if you buy at the start of the bull market and sell at the end of the bull market, then wait for the bear market to end and repeat this cycle. I know it's easy to say, but the reality is different. But on the other side - trading Bitcoin offers much more profit than just holding Bitcoin as the price is very volatile on a macro scale.
In one of my next analyses, I will show you why the ultimate target is 130,000 to 170,000 USDT, so make sure you follow my account and do not miss my next posts!
Thank you, and I wish you successful trades.💰

$2 billion of #Bitcoin #BTC liquidations await short sellers at $68,400
If the rise continues to $74k, the amount of short liquidations will reach $8 billion.💰

Bankrupt exchange FTX will hold a new auction of locked #Solana tokens
In the previous auction, FTX sold 2/3 of #SOL tokens worth $2.6 billion at a price of ≈$60 per token.
Who wants Solana at last year's prices?)👍💰🤫

Tether, the issuer of USDT, has officially added support for the #TON network for the stablecoin. It authorized the issuance of 10 million USDT.
Let us recall that it was previously expected that the topic of integrating USDT into The Open Network (TON) would become the main topic of the speech by the founder of the project, Pavel Durov, and the head of Tether, Paolo Ardoino, at the TOKEN2049 conference.
Besides TON, USDT is available on 15 other networks, including Tron, #Ethereum , #Solana , Omni and others. Most of the circulating supply of stablecoins is concentrated in the first two ecosystems.
The TON blockchain has been in the news lately. The network’s native token reached an all-time high, and TVL tripled in a month.
Against the backdrop of the news, the native blockchain token Toncoin (TON) showed an increase. Over the past 24 hours, its price has increased by almost 10% - to $7.15 at the time of writing.🚀💵💰

The market is in uncertainty - the ratio of longs and shorts for #BTC $BTC on exchanges is almost equal
Another reason to remind you that in such periods it is better to be careful and not interfere with futures. Otherwise, you will end up in another liquidation report.💥🤫

#TON #TONCoin 💰has surpassed the capitalization of Dogecoin, which was often promoted by Elon Musk.
Now #TON is in 8th place.