Mainly focused on technical & fundamental analysis, being trading since 8 years. All you can get here are insights, breaking news, trade setups & much more.
Rug Pull in Crypto: The Exit Scam You Need to Watch Out For
In the thrilling yet risky world of cryptocurrency, a dangerous scam known as the "rug pull" is catching many investors off guard. This sneaky trick can turn your promising investment into worthless tokens overnight. What is a Rug Pull? A rug pull is a type of exit scam where scammers raise money by selling a new token to investors and the public. Once they've collected enough funds, they quietly shut down the project or disappear altogether, taking the money and leaving investors with worthless
In the world of cryptocurrencies, meme coins like SHIB and Pepe have captured the imagination of investors worldwide. With wild predictions circulating about these tokens reaching $1, it's crucial to take a step back and examine the reality behind these speculative frenzies. The Rise of Meme Coins ๐ฐ Meme coins have surged in popularity, driven by the allure of quick riches rather than the fundamentals of blockchain technology. Investors are flocking t
Everyone expecting the same what's new ? Market already priced in for 50bps. The Federal Reserve has reduced interest rates by 50 basis points, now at 5%, a move widely anticipated by the market. This could increase demand for riskier assets like Bitcoin (BTC). However, given that the cut was expected, immediate market reactions may be muted. Stay tuned for further updates on BTC's performance. $BTC
Donald Trump updates: FBI probing โassassination attemptโ at golf course
The FBI says it is investigating an incident involving a gunman at former US President Donald Trumpโs golf course in Florida as an apparent โattempted assassinationโ. Trump, the Republican presidential nominee, says he is โsafe and wellโ after gunshots were fired in his vicinity in West Palm Beach, Florida. Law enforcement officials say agents spotted a gunman with a rifle at the golf course, fired at him and eventually took him into custody after he tried to flee. US President Joe Biden says he
I hope you're all doing well. I was away on holiday for a few days, but I'm back now and ready to resume our daily updates. We'll be diving into exciting developments with the market, including daily, hourly, and weekly candle analyses. BTC is in a particularly thrilling phase right now, and its recent capitulation has been remarkable. Tomorrow, I'll provide a detailed report on the market and our trading plans. Stay tuned for more insights! $BTC
Seeing the previous Weekly close, the candle gives the whole move back, almost a 200 days ranging period, and even at this point we have 80% longs activation already, keep in mind this 54k was the cruicial zone many were waiting for, but this slow bleeds is not my thing, I would have taken if it dips sharply. According to my previous posts major liquidity is under 50k will decide and dca under that zone after the reaction from that zone. $BTC
Congratulations to the ones who are holding Ethereum from the 1st Jan 2024, who holding Eth whole year got net -2% Loss. Before today if was net 0. That is why according to this market holding is not a thing for wise and smart money always dump on them and move to the new trends and narratives. So for the next time if you decide to hold something for that long, think about it twice. Still a long way to go Eth.
If you wanted to know the right plan to trade and wanted to understand the current market dynamics than read the post below ๐
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Crypto Kick
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If you are in BTC trade from lows start booking profits, for any further upside, $BTC on Daily must close above this line or 58500 and hold. 1h and 4h fakeouts looks very bad and that's also from the most crucial zone, although selling pressure on the key zone is obvious, but it must not give whole move back, if it does this shows weakness in the price action. IMO and what I'm doing is sitting sideline in cash haven't took any trade and will be sideline till any confirm directions nothing in between 50k - 60k. Safe trade fellows. Look for short profits only if you want to trade and forget about futures totally if you want any future.
If you are in BTC trade from lows start booking profits, for any further upside, $BTC on Daily must close above this line or 58500 and hold. 1h and 4h fakeouts looks very bad and that's also from the most crucial zone, although selling pressure on the key zone is obvious, but it must not give whole move back, if it does this shows weakness in the price action. IMO and what I'm doing is sitting sideline in cash haven't took any trade and will be sideline till any confirm directions nothing in between 50k - 60k. Safe trade fellows. Look for short profits only if you want to trade and forget about futures totally if you want any future.
If you are in BTC trade from lows start booking profits, for any further upside, $BTC on Daily must close above this line or 58500 and hold. 1h and 4h fakeouts looks very bad and that's also from the most crucial zone, although selling pressure on the key zone is obvious, but it must not give whole move back, if it does this shows weakness in the price action. IMO and what I'm doing is sitting sideline in cash haven't took any trade and will be sideline till any confirm directions nothing in between 50k - 60k. Safe trade fellows. Look for short profits only if you want to trade and forget about futures totally if you want any future.
On the daily tf $BTC must reclaim this zone above 58k and hold and close above this for any further upside, but if we close under this zone on daily, that's bad, very bad for BTC. Currently it's wise to sit on the sideline for sometime and let BTC settle for any clear directions. As informed in the previouspost before if got dumped that support is getting weaker with time, the main eyes on the liquidity on lows of 52k, but I can't see it stopping there too this time is different.
$RARE it's half way down already see my previous post for references as I mentioned that these coins can manipulate the market big time, it's almost half way down and still not over sold and so many people who bought at the higher prices get stuck expecting it to reach back their so that they can sell, only 2 factors that causes this that a coin which was overly bought going down deeply without being overly sold. 1. Large Sell orders that can cause this price action from a single trader or very few top whales. 2. When the coin have liquidity issues even a small selling can can cause a large drop
The Reason why I'm saying that $BTC is not stopping here imo is because the longs are 3 times more than shorts still, which keeps down trend Fueling all the time. We'll see futures market keep liquidating shorts and longs time to time and when the ratio is 3:1 than smart money can decide their next move easily. As I have warned the team earlier yesterday after the rejection from the cruicial zone. You can see the previous posts about it. We got the liquidity under 50k. If outside world situation not getting harsh so we can see the reversal from there or else more under.
I hope my people have saved themselves from the timely update I posted regarding the market and Bitcoin $BTC . Fastest and bang on, right everytime. People say it's a guess, Experience don't guess. Struggle don't guess. Some pictures are very clear and visible in the charts.
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Crypto Kick
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From the important level 1h and 4h rejection doesn't look good, if you got the lows than it's wise to book it now. ๐
As mentioned yesterday that we are going more down this time as that support got weaker. It is not stopping so soon. ๐
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Crypto Kick
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I don't see it from this point we are bouncing from this support again, if we not gonna go above 58k and hold for sometime we are going more down this time, the support got weaker and weaker. Keep in mind that weekly and monthly closed was bearish too. Trade safely. Still too many longs 70% n this support, will be liquidated.
I don't see it from this point we are bouncing from this support again, if we not gonna go above 58k and hold for sometime we are going more down this time, the support got weaker and weaker. Keep in mind that weekly and monthly closed was bearish too. Trade safely. Still too many longs 70% n this support, will be liquidated.