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Ben Walther
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Who wants some trade setups for
$PEPE
and
$FTM
on the 4H chart?
Yeaah! Shoot!
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Ben Walther
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BITCOIN! THIS CANDLE!! Exactly what we discussed in this morning's live session! In case you missed today's session...I am hosting a live session every weekday at 8 AM UTC. Make sure to tune in on Binance Live. Next chance tomorrow! $BTC #Bitcoin
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Bitcoin — Crucial Levels To Watch Right Now 🚨 After yesterday's pump, Bitcoin took a short breather and corrected slightly. We already discussed this scenario yesterday and rated it as healthy and needed. However, it looks like the bulls are already back in control and trying to push the price candle back into the green. Although I love to see this, it is also okay to have a smaller correction for a couple of days. Regardless of the short-term price action, I consider two price levels crucial to watch right now: 1️⃣ 67.5k - 68k: Currently, this area represents the upper boundary of the bull flag and an essential resistance simultaneously. It is worth mentioning that this level changes in case Bitcoin takes longer before attacking it. 2️⃣ 73.5k: The all-time high marks the second crucial level that becomes relevant once Bitcoin breaks the bull flag to the upside. What happens once Bitcoin breaks through both resistances? I am absolutely convinced that breaking both levels directly sets the course toward 100k. Obviously, a march towards 100k won't happen overnight. However, breaking both resistances should signal the start of an extensive rally towards the fourth quarter and the end of the year. $BTC #bitcoin☀️ #Bitcoin❗
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🚨 Going Live In 40 Minutes!! Who's joining? Today, I talk about why I couldn't be more bullish, BTC's essential levels, and some trade setups. Join me on #BinanceLive 👇 Join Here! #LiveTrading #bitcoin☀️
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🚨 Tellor Ready To Roll 🚀 $TRB looks primed for some bullish moves. The token printed a bullish MACD Crossover on the daily chart just today. In addition, Tellor broke through its local resistance at $75 and confirmed it on the daily chart, too. Moreover, the bullish MACD crossover shows solid results in backtests. Based on 28 appearances, the signal led to gains of 10% and more, up to 71%. From a trade setup point-of-view, a first take profit goal can be set at $89, leading to gains of ~14%. As 2nd take profit, the EMA200 seems logical, sitting at $92.50, resulting in 20% gains. A stop loss can be added slightly below the previous resistance at $75 (e.g., 74.5), resulting in a risk/reward ratio above 5! #Tellor #TradeSignal #TellorTRB
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Bearish Signals On the 4H Chart — Small Correction Incoming? Overall, the momentum is incredible at the moment, and we have seen a green market for four days in a row. However, when looking at the trade signals on the 4H chart, the number of sell signals is steadily increasing. Most of the signals are based on overbought momentum indicators. Nevertheless, it is essential to know that: 1️⃣ The price can continue to rise (even for a more extended period) although momentum indicators turned overbought. 2️⃣ We are still waiting for the official #EtheruemETF launch date — once this gets announced, the bullish momentum will definitely accelerate, regardless of overbought indicators. Summarized: Given the current bullish market, trading short signals makes no sense. However, monitoring and incorporating this development into your trade strategies is essential!
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