#altcoins #BTC Alt season is coming?

Alt season is now becoming the talk of the town as ETH ETF is now approved and the BTC DOMINANCE is falling hard.

BUT don't get too excited just yet as your hasty decisions to get into the alts may lead to evaporating your wallet before the actual season kicks in.

SO WHEN TO GET INTO ALT TRADING?

Well if you are an investor and if you looking to do DCA into alts, this is one of the levels you should get into alts but with just 15-20% of your money.

But if you are a trader in the futures segment ...the time is not right.

BTC DOMINANCE is at its daily support level right now and a bounce may happen from this level,, especially when the hype and euphoria of the ETH ETF is behind us. Ethereum will come down one more time bringing alts down with itself and thus make an entry lucrative into alts.

I am providing 2 images of charts of $BTCDOM. The right place to buy alts is when BTCDOM touches the upper level of the trendline or if it breaks the daily support .

But the real altseason will kick in when BTCDOM will break $2200 and then restest the trendline and keep going down. Expect that to happen when the ETH ETF starts trading and money starts to flow more into ethereum than into BTC

DYOR

TRADE SAFE TRADE SMART

THIS IS NOT A FINANCIAL ADVICE

#btc70k $BTC #ETHETFS
$ETH PUMP or DUMP? Answered

As we are ever so close for an approval of ETH ETF ...lot of small traders are wondering and speculating as to what will happen once the news comes in?
The answer to this is in the recent history when BTC ETF was approved. Out of all odds BTC had fallen significantly due to 2 very weird reasons on approval of its ETF

1) COINBASE had crashed resulting in panic selling from a hoard of small and retail traders.
Was it a fact or manipulation is still a question

2) Coincidentally the same day and old whale holding BTC since 2010 decided to dump it's holdings on the market which was worth mere $10 million but the impact was catastrophic.
Again fact or Manipulation is still in question.

Remember there was even a fake news of ETF being approved just a day before the actual announcement. All this was quickly forgotten and stupid retail traders first celebrated the approval and then cried over the crash.

JUST BEWARE

DONT BECOME THEIR EXIT LIQUIDITY

TRADE SAFE TRADE SMART

DYOR

THIS IS NOT A FINANCIAL ADVICE

avaLIST OF COINS YOU CAN LOOK TO BUY WHEN MARKET CRASHES

1) AVAX : B/W 28$ - $30
2) INJ : B/W $18 - $19
3) ORDI : B/W $38 - $40
4) ICP : B/W $10 - $10.5
5) XRP : B/W $0.4750 - 0.49
6) QNT : B/W $90 - $92

These are fib golden zones on either daily or weekly TFs, some are demand zones according to SMC indicator and these levels are usually followed by whales.

THANK ME LATER

DYOR

NOT A FINANCIAL ADVICE

#bitcoinhalving #Memecoins #BullorBear #BTC🔥🔥🔥🔥🔥🔥 $BTC $AVAX

alALT COINS TO BE KEPT ON YOUR RADAR IN CASE OF A CORRECTION IN $BTC

1) LTC BUY between $ 75 -80

2) EGLD BUY between $58 -63

3) XRP BUY between $0.6 - $0.625

4) QNT BUY between $100- 110

5) MLN , DEGO and MOVR remain my favourites coz of very low supply.

6) NEW MEME COIN NAMED SWORD ... huge potential a clear 1000x candidate

DYOR

#HotTrends #BTC #xrp

BEARISH UPDATE ON $BTC

FOR THE FIRST TIME SINCE BTC had broken the $53k barrier weeks ago and kept pumping and made newer and newer all time highs this has happened.

PLEASE NOTE:

$BTC has risen in a wave pattern making higher highs and higher lows which usually happens in a bull run... corrections have been fast and furious but soon they were bought into to make higher highs... during this process BTC formed a trendline at any given point of time and whenever it fell it always took support at that particular trendline and only to create a pin bar formation signalling bullish reversal and continued its journey upwards.

FOR THE FIRST TODAY THAT PATTERN SEEMS TO BE BROKEN on the 4hr TF. The trendline formed on the 4hr TF not only broke the support of $71500 but the retest also failed and BTC fell below support which is a rejection candle.
THOUGH it is an early estimate but BTC now need to close the day above $71500 to cancel this view.
A daily close below $71500 will confirm a bearish reversal atleast for sometime with support only at $68500.
My view point is that since the bull run has started , daily close above or below certain levels have always played significant roles in the direction of BTC. Afterall most surges have only occurred in the first 4hr candle of the day surprisingly after the close of the US Market.

TRADE SAFE TRADE SMART

#HotTrends #BTC #xrp

$BTC TOPPED OUT OR TAKING REST?

BITCOIN showing signs of exhaustion and whales don't seem interested in pushing beyond $68000 after the furious fall that happened a few days ago. If BTC keeps getting rejected from above $68000 , it might lead to a larger crash.
FOR now bouncing between $64,500 and $68000 looks to be the order of the day.

HISTORICALLY , when volatility gets very low...that's when the big move is incoming.
ONE way to check that is to use bollinger bands on smaller timeframes like 15min or 1hr. IF there is a squeeze you get ready for the explosion.

TRADE SAFE TRADE SMART

DONT BECOME AN EXIT LIQUIDITY

#TrendingTopic #BTC.😉.

WHEN THE DUST SETTLES YOU WILL RELEASE THE RUG UNDER YOU HAS BEEN PULLED TO MAKE YOU FALL.

MY FELLOW TRADERS AND SMALL INVESTORS , in my yesterday's post I shared with you guys the bad news where BTC was scarce and there were no sellers for BTC on any exchanges.

I told you guys that this is not bullish but it is actually BEARISH.

NOW THERE STANDS A VERY DANGEROUS SITUATION IN FRONT OF US...

AS MENTIONED YESTERDAY WE SO FAR SAW

1) A FLASH CRASH and

2) UNBEARABLE VOLATILITY

NOW WE ARE GOING TO WITNESS THE WORST PHASE OF THIS BLOODY GAME... AND THAT IS
RUG PULLS.

RUGS PULLS happen everyday ...it is not new... but the intensity and scale of the RUG PULLS this time around should be insane.

SOME MEME COINS HAVE RISEN SO MUCH THAT IF BTC FALLS AGAIN AND IN A FLASH ... THESE ALTS WILL FALL MORE THAN THEIR RISE ....50% - 60%

TRADE SAFE TRADE SMART

DONT BE THEIR EXIT LIQUIDITY

#TrendingTopic #SHIB #PEPE‏ #BTC

$BTC BREAKING NEWS BAD 🛑☢️

COINBASE exchange has collapsed once again and it has caused worry amongst most small nd medium crypto traders.

BUT THIS IS NOT THE BAD NEWS

THE BAD NEWS IS :

BITCOIN IS RUNNING OUT OF EXCHANGES ALL ACROSS THE BOARD

WAIT...HOW IS THIS BAD?

THE ANSWER IS PRETTY SIMPLE

If there is no Bitcoin left to buy on most or all exchanges what can happen to the price?

WHAT IF THERE ARE ONLY BUYERS ON BITCOIN AND NO ONE IS WILLING TO SELL?

WHAT DO THE LARGE PLAYERS DO?

HOW WILL THE BIG INSTITUTIONS BUY BITCOIN TO MEET THE DEMAND ON THEIR ETFS?

The answer is .... They will make you sell BITCOIN...

HOW?

1) FLASH CRASH

2) EXCHANGE CRASHES

3) UNBEARABLE VOLATILITY

4) FUD

ONLY PANIC CAN MAKE YOU SELL YOUR BITCOIN and if the prices only keep going up you will never sell them.

REAL INTERSTING TIMES COMING UP

HOLD TIGHT

DONT BE THE LIQUIDITY FOR WHALES

TRADE SAFE TRADE SMART

DYOR

#TrendingTopic #pepe #DOGE #BTC

$BTC topping out or breaking out

AS the analysis scratch their heads for clues as to what is going to happen next and whether we are going to endless go up and up all sorts of possible permutations and combinations are being used to find the exact direction of BITCOIN.

HERE ARE SOME OF THE RAREST TYPE OF INDICATIONS THAT ARE BEING USED RIGHT NOW.

1) THE WEEKLY AND THE MONTHLY RSI
Both being in extremely overbought territories above 90

2) THE BULL-BEAR INDICATOR BY CRYPTOQUANT
For the first time in recent history this indicator has flashed OVERHEATED .... meaning BITCOIN might reverse soon.

3) THE WYCKOFF WAVES AND PERCENTILE CHART ON DAILY TF
The 5 wave indicator is showing this is the 5th wave on daily timeframe.

ALSO AN INTERESTING PERCITILE WAVE CHART SHOWS BITCOIN HAD RISEN

1) 13.7% in its first uprise
2) 26.7% in its second uprise
3) 26.7% in its third uprise
4) $66900 would be approx 13.7% level in this current 4th uprise.

JUST MARK THIS POINT:

THE RECENT HIGHER LOW FOR BITCOIN WAS 61,300$ and then it was $58,800 and then $50500 . One should be cautious if BTC breaks the first higher low and be worried if BTC breaks the second higher low but throw in the towel and run once BTC breaks the THIRD HIGHER LOW of $50,500

TRADE SAFE TRADE SMART

DYOR

#TrendingTopic #BTC #pepe #DOGE

$BTC at $65500 ...monthly RSI is above 90...

EXTREME EUPHORIA AND GREED GRABS THE MARKET

BTC monthly RSI is at 93 which is higher than the RSI at $69,000 ATH. WHILE BTC remains extremely overbought on all higher timeframes,the fear and greed index also crosses 85 which was again historically the highest.

IT is very hard to predict whether BTC will correct or not... SOME golden words by LEGENDARY INVESTOR WARREN BUFFET come to mind.
"WHEN EVERYONE GETS GREEDY ....FEAR
and WHEN EVERYONE FEARS....YOU SHOULD BECOME GREEDY"

If this is the real bull market one thing is for sure... BULL MARKET CORRECTIONS ARE MORE FIERCE AND FASTER...

LAST TIME BTC FIRST TOUCHED 65,000$ there was severe capitulation to $28000 within a couple of weeks.

WE have had a non-stop move from $38000 to $65500. I can just hope and pray that the small investors have benefited from this upmove and the most important thing... SMALL investors and traders could take their profits home and not loose what they have earned.

JUST REMEMBER : A CANDLE BURNS THE BRIGHTEST JUST MOMENTS BEFORE IT IS ABOUT TO COMPLETELY MELT.

TRADE SAFE TRADE SMART

DONT BECOME THE EXIT LIQUIDITY

#TrendingTopic #BTC #pepe #DOGE

GOLDEN RULES OF TRADING

THE MENTALITY OF TRADING THAT CAN HELP YOU OUTSMART WHALES.

DOES this happen to you that whenever you take a trade your stoploss keeps hitting or the trendlines you have drawn get breached again and again. The indicators you have followed haven't given you any benefits?
Well that's the story of 90% of retail traders and that's the bread n butter of whales.

SO HERE I AM GOING TO GIVE YOU A FEW RULES WHICH IF YOU FOLLOW , WILL MAKE YOU
MENTALLY VERY STRONG AND YOUR CHANCES OF FAILURE WILL BE LESS THAN 10%.

1) If you want to see if the strategy you are going to apply in a particular trade is a win win strategy or not than you should place your buy/sell order at the stop loss price that you were going to set and see how many times the price hits your buy/sell order and plan accordingly

2) A FAMOUS INSTITUTIONAL PHRASE FOR RETAIL TRADERS IS:

YOUR STOPLOSS IS MY ENTRY AND YOUR ENTRY IS MY EXIT

TRADE SAFE TRADE SMART

DYOR

#TrendingTopic $BTC $PEPE $DOGE

ALT COINS THAT HAVEN'T PERFORMED IN THIS BULL RUN YET
and are like to explode very soon

1) EGLD : $64 likely Target $130 - $150

2)XRP : $0.62 likely Target 0.92 - $1.4

3) XLM : $0.13 likely Target 0.5 - $0.6

4) LTC : $88 like Target $120 - $130

DYOR

JUST MY VIEWS

NOT A FINANCIAL ADVICE

#TrendingTopic #altscoins $XRP $XLM

$BTC local top at 64000$ is an extremely bad sign?

$BTC just got rejected from 64000$ and has fallen almost 10% in just 1 candle... Though it is early to establish any concrete decision but today and tomorrow are the most important days of this entire bull run since 15,000$ BTC.

THE REASON IS :

1) On monthly basis BTC has never closed above 61,400$ and tomorrow is the monthly closing

2) $57500 is 0.78 fib level and it is a very strong resistance on a weekly closing basis.

3) On liquidity maps there is no or very little liquidity above $64000 and market makers need liquidity which is only on the downside... mostly 54,000 and 50,000.

64,000$ top will make a triple top for BTC of all times and in the short to mid term that will be a very bearish sign and a very hard to conquer level for BTC

SO my dear friends we are at a significant point and today's closing and tomorrow's closing will decide whether 50,000$ or 110,000$ will come first.

TRADE SAFE TRADE SMART

DYOR

#TrendingTopic #Write2Eam

$BTC MOONSHOT while others dint perform equally well....

I have many times seen people asking in comments section why BTC took a MOONSHOT while all others haven't moved much. EVEN ETHER hasn't equally done well

WHY ONLY BITCOIN SHOT UP and others dint?

THE ANSWER IS...

BTC has an etf approved to its name and large institutions are for now only interested in accumulating BTC.

HAVE YOU HEARD any large institution investing billion dollars in my other currency ?

THE MONEY THAT HAS FLOWN INTO BTC WILL REMAIN IN BTC. If at all money will move out of BTC when the large institutions sell, the money will again be converted to USDT or USD not any other crypto.

When we talk about money coming in other cryptos from BTC... THATS just large retail or small retailer money not the big bucks.

If this phenomenon continues we can see BTC at unprecedented valuations while others just merely performing.

#TrendingTopic #BTC‬

$BTC knocking $55,000 WHAT to do?

HERE'S A STRATEGY

HEY FELLOW TRADERS,

BTC suddenly spurted up to about 55,000 usd and not many could ride this uptrend. Most of you fear entering the market coz a correction could melt your wallet.
BUT here is a strategy that I myself have applied and always used and benefitted a lot when markets have run way leaving me behind.

WHAT'S THE STRATEGY ?
FIRST of all , if you feel that the market has run up quite a lot and there may be a short term correction

YOU can long BTC spot or futures at this price and
SHORT $BTC quarterly 0329 as well as $BTC quarterly 0629

1) IF you are bullish on the market the long : short ratio should be 1.5 : 1 in favour of longs

2) IF you are bearish than keep the ratio 1:1.5

BOOK profits on longs whenever BTC gives a reversal candle on the upside on higher timeframe and ride your short till it breaks even or gives you profit.

YOU can also keep the long short ratio of 1:1 and profit from wild swings as the volatility is very high.

DYOR

TRADE SAFE TRADE SMART

THIS IS NO FINANCIAL ADVICE

PLEASE like, follow and leave your thoughts in comments.

#TrendingTopic #Wrtite2Earn #BTC

NEW FUD IN THE MAKING in $USDT

DEAR FELLOW TRADERS,

THERE are reports of US govt crackdown on Tether (USDT)'s parent company.

The cryptocurrency market is very delicately poised right now with $BTC BTC and$ETH ETH just hitting fresh highs for 2024 and most ALT coins have had a phenomenal run upwards.
If this report from JP MORGAN is to be believed ... Tether (USDT) which is the largest stablecoin in this space will face troubles going forward.
The FUD this news will create will send ripples through the entire cryptocurrency space and might lead to a fall in all cryptocurrencies as well. This news also makes total sense as JP MORGAN itself is planning to launch its own stable coin and would want the biggest stablecoin (USDT) to loose it's lustre for them to excel.

IN the long run this news will make people run to buy the larger cryptos which they trust.

To cut the long story short we might witness unprecedented volatility in the market and that can lead to melting a lot of portfolios.

CAUTION IS ADVICED

TRADE SAFE TRADE SMART

DYOR

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ALSO comment your views on the content.

#TrendingTopic #Wrtite2Earn

In $BTC
RETAIL traders are used as liquidity

BTC took just one 4hr candle to go from a low of $51,000 to $52,800
This surge might have burnt so many hands of poor retail traders but just understand one thing.

YOU ARE JUST THEIR EXIT LIQUIDITY

THIS Short squeeze may have caused the retail traders to cover their positions and some to even buy longs while the larger players use them just to exit their long positions.

It won't take a while before $BTC would take a U turn equally fast creating havoc.

TRADE SAFE TRADE SMART

DYOR

#TrendingTopic #BTC

BTC DOMINANCE BOTTOMED OUT?
$ETH flashes a really scary signal 🚦🛑

The BTC DOMINANCE INDEX on Binance has held its very long term weekly and monthly trendline that it had respected since 2022 and also bounced after touching it...
ALTHOUGH it is still early to call it a bottom but from what it looks like.. THE BTC DOMINANCE INDEX is reversing.
THIS couples with ETHERIUM breaking down from it's 4 hourly trendline and now it might test $3000. If it will not hold this level , we will have an epic bloodbath in all ALTS.

$3000 on ETH is a really important level...
Also keep an eye on BTCDOM on Binance, if it gets back above $2100 the consider the ALT SEASON as OVER. IF BTC DOMINANCE breaks below $2050 - $2065 for 3 consecutive days... we will have a full force ALT season.

LIKE I presented my analysis in my previous post, there will be some extreme moves in ALTS on both sides burning a lot of hands. TYPICALLY this has happened every time $BTC is about to make a major move on either side....mostly downside.

So like I always say

TRADE SAFE TRADE SMART

DYOR

THIS is not a financial advice

PLEASE LIKE, SHARE and follow and also comment your views on how you like my content.

#TrendingTopic

$BTC DOMINANCE NEAR SUPPORT ....ALT SEASON or ALT CRASH?

BTCDOM $2085 on Binance is near support of $2065 on daily , 3d and weekly timeframes.

On one hand the BTC Dominance index has made a double top on the daily timeframe which is a bearish pattern, while on the weekly timeframes it is still bullish which signals 2 possibilities.

1) If $BTCDOM closes below $2060 for 3 consecutive days , this will trigger an ALTSEASON we haven't seen in history.
EVERY small and medium cap coin will have the biggest run of their lives lead by $ETH which will also have a parabolic rise (signs of which are already seen)

2) If BTCDOM finds support at this level of $2060 and reverses .... this will trigger a mother of all crashes in the ALT market space. A bloodbath which will continue for a fairly long time.

THERE are equally high chances of both scenarios being played and high voltage drama and very high volatility could be expected around this level.

I would advice extreme caution to all my fellow traders in the comming weeks.

A lot of portfolios are about to melt.

TRADE SAFE TRADE SMART

DYOR

NOT A FINANCIAL ADVICE

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#Write2Earn #TrendingTopic #BTC‬

$BTC JUST GAVE A BAD SIGNAL

BTC broke it's hourly trendline towards the downside before a couple of hours and now is retesting it. If it gets a rejection we might see it again going towards $51,000
MOREOVER , earlier today it retested and got rejected at it's 4 hourly trendline at $51,800 that it had broken towards the downside a few days ago.
Both signals so far are bearish and a fall in BTC could be a blood bath for ALTS which have had a phenomenal rise.

Also I would like to highlight that last weekend BTC did the same. It gave a false upmove during the weekend and gave up all its gains by Monday.

Weekends these days are more of traps and rugpulls.

SO BEWARE

WE MAY EXPERIENCE A SUDDEN CRASH IN THE MARKET

PLEASE follow , like and comment your thoughts

DYOR

THIS IS NOT A FINANCIAL ADVICE

#Write2Earn #BTC‬