LIVECrypt0nite
@Square-Creator-a49ff491a5a0
Teach & Learn is circle, keeping knowledge to yourself is greed, let's keep the circle going
Siguiendo
Seguidores
Me gusta
compartieron
PINNED
here's an explanation of what whales like Mr.100 and Grayscale have been doing to the market
they're not stacking coins, they're profitting in a drained market, hitting stop losses and liquidating shorts before the final dip (no wonder the bears pushed back on 56.5k)
might somehow with a bigger pump reach 67k but no way it goes further
to rise, fall is needed
$BTC bull run cant start without a deep correction.
big whales and sharks know that the current market price is overpriced, not all investors are as active as Grayscale or Mr.100
most would just want to invest (stack) coins, only happens if they buy at an average price, 40k-50k
accumulation haven't even started, this's just big guys profitting along the way of a crash (bulls trap) instead of a freefall
and then profitting by buying the dip, the downtrend is still on it never stopped, this breakout is manipulated (fakeout)
longs are next,
a final correction is inevitable we just dont know how far it could go but 56k is inevitable probably 52k too
Ichimoku Cloud proves a breakdown was expected on 56.6k when it was pushed back by profit whales, breaking 56k support for retest was necessary, it would've proven BTC lost support 56k and 52k could be the next stop
couple days ago Solana based coins were targetted by whales, Meme coins were sold-off later
since yesterday its been Ethereum based
Sol and ENA too
i bet the sell-off is ongoing
check my previous posts of Manipulated coins
watch out for Dollar Index it's on the way to breaking back in the Bullish Wedge
Dollar Index recovering means an inevitable crush
goodluck everyone
$FRONT $TRB #DGB #ENA
#BullorBear
they're not stacking coins, they're profitting in a drained market, hitting stop losses and liquidating shorts before the final dip (no wonder the bears pushed back on 56.5k)
might somehow with a bigger pump reach 67k but no way it goes further
to rise, fall is needed
$BTC bull run cant start without a deep correction.
big whales and sharks know that the current market price is overpriced, not all investors are as active as Grayscale or Mr.100
most would just want to invest (stack) coins, only happens if they buy at an average price, 40k-50k
accumulation haven't even started, this's just big guys profitting along the way of a crash (bulls trap) instead of a freefall
and then profitting by buying the dip, the downtrend is still on it never stopped, this breakout is manipulated (fakeout)
longs are next,
a final correction is inevitable we just dont know how far it could go but 56k is inevitable probably 52k too
Ichimoku Cloud proves a breakdown was expected on 56.6k when it was pushed back by profit whales, breaking 56k support for retest was necessary, it would've proven BTC lost support 56k and 52k could be the next stop
couple days ago Solana based coins were targetted by whales, Meme coins were sold-off later
since yesterday its been Ethereum based
Sol and ENA too
i bet the sell-off is ongoing
check my previous posts of Manipulated coins
watch out for Dollar Index it's on the way to breaking back in the Bullish Wedge
Dollar Index recovering means an inevitable crush
goodluck everyone
$FRONT $TRB #DGB #ENA
#BullorBear
Crypto has gained a little momentum with Dollar Index dipping for correction, $BTC showing an attempt for a breakout, let's see what happens when it hits 62.8k resistance line, either downtrend is broken or its just another fakeout (false pump)
scenario is still the same either Dollar Index crushes or $BTC does
keep an eye on the chart, White Lines are the critical points of support and resistance
scenario is still the same either Dollar Index crushes or $BTC does
keep an eye on the chart, White Lines are the critical points of support and resistance
LIVECrypt0nite
--
Either Dollar Index crushes, or crypto does
thats what i said earlier this weekend, now that Dxy is back online it seems to be on track
with a correction so deep, i cant tell how far this could go might even breakout this time if it gets to the top of the wedge
$BTC seems to be still bluffing, although it might have a chance if Dollar Index breaksdown, which i doubt since its done well on Ichimoku Cloud (the green dot indicates a breakout, orange indicates a breakdown)
hold until Dollar Index hits the bottom of the wedge, keep an eye on it
thats what i said earlier this weekend, now that Dxy is back online it seems to be on track
with a correction so deep, i cant tell how far this could go might even breakout this time if it gets to the top of the wedge
$BTC seems to be still bluffing, although it might have a chance if Dollar Index breaksdown, which i doubt since its done well on Ichimoku Cloud (the green dot indicates a breakout, orange indicates a breakdown)
hold until Dollar Index hits the bottom of the wedge, keep an eye on it
Today's gainers are tomorrow's losers, what a funny market
its a loop until $BTC breaks 60k
61k, 59k, 56k
remember those numbers
whales know that most traders are thirsty for any pump, fake or not
baits, fake pumps and profit sell-offs are obvious now, but people are blind
The downtrend never stopped, it was interrupted is all
if you can't see it and either avoid it or outsmart it, you're in trouble
its a loop until $BTC breaks 60k
61k, 59k, 56k
remember those numbers
whales know that most traders are thirsty for any pump, fake or not
baits, fake pumps and profit sell-offs are obvious now, but people are blind
The downtrend never stopped, it was interrupted is all
if you can't see it and either avoid it or outsmart it, you're in trouble
#BTC ⚠️ Fake Pump Alert
i have been saying this for 5 days
DO NOT FALL TO WHALE BAITS
$BTC is still on downtrend, Dollar Index isn't stopping, it is going up and as long as the uptrend isnt broken, then BTC is dropping to 56-60k
its imminent
they didn't stop the downtrend , they just slowed it down benefiting from small coins, as long as btc doesn't crush fake pumps wouldn't be suspicious, its just crushing slowly instead of a free fall
Fake Pumps are meant to not be caught and spotted before they're over pumped, so your entries would be high anyway, these people are the best at what they do no matter how good you think you are they do it best, in 1 C wave of Elliot waves or even 2 they know how to boost your greed and your FOMO (Fear of missing out) you'll be dragged down eventually
even if BTC dominance falls, BTC falling and Dollar Index boost would push every alcoin down too before they breakout, it's all locked for downtrend atm, more lower highs and lower lows
if you wanna risk it and you trust the current bulls im not changing your decisions, stop it with the ridiculous comments I've been getting them since i first mentioned it on Thursday while Bitcoin was still breaking out it was an obvious fakeout and i posted the same exact scenario that's ongoing atm, i said Dollar Index was gonna break back into the falling wedge and go for a second attempt of breaking out of it and if that happens crypto was gonna drop anyway with high resistance and sell-off would start,
im not posting for debating im just trying to help out whenever i can and i could always use a second opinion but if its based on analysis or proof, i wont allow any misleading
even if you staking it do not trust the market, benefit from the manipulation but don't get caught in it
follow Dollar Index, use Elliot waves with rising obviously manipulated coins, watch out for wave 5 do not get caught in it
use Whale Alert Indicator on Tradingview, it works on both 1h and 4h timeframe, track whale moves and predict them
be safe
#BTC #altcoins #bitcoinhalving #bitcoin
i have been saying this for 5 days
DO NOT FALL TO WHALE BAITS
$BTC is still on downtrend, Dollar Index isn't stopping, it is going up and as long as the uptrend isnt broken, then BTC is dropping to 56-60k
its imminent
they didn't stop the downtrend , they just slowed it down benefiting from small coins, as long as btc doesn't crush fake pumps wouldn't be suspicious, its just crushing slowly instead of a free fall
Fake Pumps are meant to not be caught and spotted before they're over pumped, so your entries would be high anyway, these people are the best at what they do no matter how good you think you are they do it best, in 1 C wave of Elliot waves or even 2 they know how to boost your greed and your FOMO (Fear of missing out) you'll be dragged down eventually
even if BTC dominance falls, BTC falling and Dollar Index boost would push every alcoin down too before they breakout, it's all locked for downtrend atm, more lower highs and lower lows
if you wanna risk it and you trust the current bulls im not changing your decisions, stop it with the ridiculous comments I've been getting them since i first mentioned it on Thursday while Bitcoin was still breaking out it was an obvious fakeout and i posted the same exact scenario that's ongoing atm, i said Dollar Index was gonna break back into the falling wedge and go for a second attempt of breaking out of it and if that happens crypto was gonna drop anyway with high resistance and sell-off would start,
im not posting for debating im just trying to help out whenever i can and i could always use a second opinion but if its based on analysis or proof, i wont allow any misleading
even if you staking it do not trust the market, benefit from the manipulation but don't get caught in it
follow Dollar Index, use Elliot waves with rising obviously manipulated coins, watch out for wave 5 do not get caught in it
use Whale Alert Indicator on Tradingview, it works on both 1h and 4h timeframe, track whale moves and predict them
be safe
#BTC #altcoins #bitcoinhalving #bitcoin
$BTC Possible scenarios
personally i still believe its a fakeout with lower lows and lower highs still forming, downtrend might still be ongoing
sell-off might start anytime
a 56k dip on the table
personally i still believe its a fakeout with lower lows and lower highs still forming, downtrend might still be ongoing
sell-off might start anytime
a 56k dip on the table
⚠️
Watch out for Dollar Index
if it doesn't stop and reaches $105.5 a sell-off might start in crypto since $106 could be next
Watch out for Dollar Index
if it doesn't stop and reaches $105.5 a sell-off might start in crypto since $106 could be next
seems like the expected scenario i talked about on weekend is ongoing
Dollar index broke back into the Bullish Wedge, if it keeps pushing up to the top of the wedge and try to breakout of it Bitcoin is definitely crushing back to 56k for a retest
as far as Dollar Index goes, $BTC faces higher resistance and more selling pressure ( USDT gains price while crypto drops)
$BTC is currently dropping to 63k support for retest, if its losses support then crypto is in trouble
nothing is for sure with whales manipulation but im just analysing the data
Dollar index broke back into the Bullish Wedge, if it keeps pushing up to the top of the wedge and try to breakout of it Bitcoin is definitely crushing back to 56k for a retest
as far as Dollar Index goes, $BTC faces higher resistance and more selling pressure ( USDT gains price while crypto drops)
$BTC is currently dropping to 63k support for retest, if its losses support then crypto is in trouble
nothing is for sure with whales manipulation but im just analysing the data
.
LIVEFTraderBTC1
--
#BTC #BTC🔥🔥🔥🔥🔥
#BTC_MARKET_UPDATE
Total inflows in all exchanges have continuously decreased for the last 62 Days. Indicating bearish. 53K looks like it to be inevitable.
#BTC_MARKET_UPDATE
Total inflows in all exchanges have continuously decreased for the last 62 Days. Indicating bearish. 53K looks like it to be inevitable.
Warning ⚠️
whale selling pressure spotted 🐋⚠️
Last selling candlestick was confirmed to be whale selling (profitting over and over by keeping the market up while selling in smaller portions)
its confirmed on Whale Alert Indicator
they're all over every rising coin, theyre spotted even on BNB although last Dollar Index candlestick was high selling, market was supposed to have a big jump
i bet this's the last Bulls trap before the crash
now or later, a crash is inevitable before the real bull run starts
if you're suspicious about the trend my analysis is for you, if you believe in it then just ignore me im not here to change your perspective nor your decisions, its your money and your risk
wish you all goodluck
whale selling pressure spotted 🐋⚠️
Last selling candlestick was confirmed to be whale selling (profitting over and over by keeping the market up while selling in smaller portions)
its confirmed on Whale Alert Indicator
they're all over every rising coin, theyre spotted even on BNB although last Dollar Index candlestick was high selling, market was supposed to have a big jump
i bet this's the last Bulls trap before the crash
now or later, a crash is inevitable before the real bull run starts
if you're suspicious about the trend my analysis is for you, if you believe in it then just ignore me im not here to change your perspective nor your decisions, its your money and your risk
wish you all goodluck
Either Dollar Index crushes, or crypto does
thats what i said earlier this weekend, now that Dxy is back online it seems to be on track
with a correction so deep, i cant tell how far this could go might even breakout this time if it gets to the top of the wedge
$BTC seems to be still bluffing, although it might have a chance if Dollar Index breaksdown, which i doubt since its done well on Ichimoku Cloud (the green dot indicates a breakout, orange indicates a breakdown)
hold until Dollar Index hits the bottom of the wedge, keep an eye on it
thats what i said earlier this weekend, now that Dxy is back online it seems to be on track
with a correction so deep, i cant tell how far this could go might even breakout this time if it gets to the top of the wedge
$BTC seems to be still bluffing, although it might have a chance if Dollar Index breaksdown, which i doubt since its done well on Ichimoku Cloud (the green dot indicates a breakout, orange indicates a breakdown)
hold until Dollar Index hits the bottom of the wedge, keep an eye on it
Whale activity in April vs Whale activity this weekend
this isnt a market, just a big guy feeding on traders and small investors while the market is dead
$BTC seems promising atm after breaking support 64k and most people talking about longs already, but i still believe it's a fakeout.
volume is dead, suspicious patterns, and 0 accumulation
i cant tell how far this game gets but as soon as this or these whales give up on getting higher profit they're gonna sell it all, 56k in one 4h candlestick
they only bought for 59k afterall, 64k aint bad for a profit
Unless Dollar index crushes tomorrow, Crypto crushing down is inevitable
this isnt a market, just a big guy feeding on traders and small investors while the market is dead
$BTC seems promising atm after breaking support 64k and most people talking about longs already, but i still believe it's a fakeout.
volume is dead, suspicious patterns, and 0 accumulation
i cant tell how far this game gets but as soon as this or these whales give up on getting higher profit they're gonna sell it all, 56k in one 4h candlestick
they only bought for 59k afterall, 64k aint bad for a profit
Unless Dollar index crushes tomorrow, Crypto crushing down is inevitable
for those in FOMO with the current gainers
you did not miss out, you just got away from more baits, those coins weren't meant to be noticed until it was too late and it was already too pumped and topping on gainers
Whales get you buying on the highest prices before taking profit by selling the whole share in candlestick or two, locking you up with your share
remember whales feed on FOMO and greed
yesterday they focused on Solana based coins, today its Ethereum based
be safe
you did not miss out, you just got away from more baits, those coins weren't meant to be noticed until it was too late and it was already too pumped and topping on gainers
Whales get you buying on the highest prices before taking profit by selling the whole share in candlestick or two, locking you up with your share
remember whales feed on FOMO and greed
yesterday they focused on Solana based coins, today its Ethereum based
be safe
Whale Alert 🐋⚠️
more whale traps today, DO NOT FALL FOR IT
they left memes coins yesterday i couldn't spot any whale candlesticks on them today, but they're all over random coins
Dont trust the ones on "Gainers" at least for now, the market is DEAD.
Wait for Dollar Index to start tomorrow at least that cant be controlled so easily like $BTC
Look up the indicator (Whale Alert) on Tradingview
or feel free to comment what coin you'd like me to check for you
stay safe, dont let FOMO ruin your strategies, its what whales feed on. always do your research and follow your analysis
more whale traps today, DO NOT FALL FOR IT
they left memes coins yesterday i couldn't spot any whale candlesticks on them today, but they're all over random coins
Dont trust the ones on "Gainers" at least for now, the market is DEAD.
Wait for Dollar Index to start tomorrow at least that cant be controlled so easily like $BTC
Look up the indicator (Whale Alert) on Tradingview
or feel free to comment what coin you'd like me to check for you
stay safe, dont let FOMO ruin your strategies, its what whales feed on. always do your research and follow your analysis
Whale Alert ⚠️
incase y'all wondering why the market keeps crushing although historically post halving dips should be over by now
here's a whale action indicator (whale alert)
feel free to look it up on Tradingview
you can tell sometimes they'd do it to benefit from price surge (selling as soon as they hit their target)
but mostly they're just dragging the market down, either to save a big short trade or to buy the dip
$ENA is already left out by the whales, last spotted candlestick was selling (no wonder it has been dead since)
while BTC and BNB remain under position of whales, last spotted was buying
of course it could be the markets makers too, taking profit, but they wouldn't crush their own coins
i said $BTC was gonna dip to 63k on my previous post and its a critical point, if a candlestick closes below 63k, i believe 56k is next
unless proven wrong with a rebound on 63k and solid break out above 64.5k, i have every reason to believe its a fake breakout, including my previous analysis
incase y'all wondering why the market keeps crushing although historically post halving dips should be over by now
here's a whale action indicator (whale alert)
feel free to look it up on Tradingview
you can tell sometimes they'd do it to benefit from price surge (selling as soon as they hit their target)
but mostly they're just dragging the market down, either to save a big short trade or to buy the dip
$ENA is already left out by the whales, last spotted candlestick was selling (no wonder it has been dead since)
while BTC and BNB remain under position of whales, last spotted was buying
of course it could be the markets makers too, taking profit, but they wouldn't crush their own coins
i said $BTC was gonna dip to 63k on my previous post and its a critical point, if a candlestick closes below 63k, i believe 56k is next
unless proven wrong with a rebound on 63k and solid break out above 64.5k, i have every reason to believe its a fake breakout, including my previous analysis
like i said earlier we could be wrong,
but I can tell a solid pump when I see one, and this dont seem like one.
A solid breakout above the resistance level of 64.5k with a proper consolidation would confirm it, but the current consolidation seems unconvincing.
It is not an appealing position for accumulation either.
you can tell even Meme coins just stopped reacting to $BTC pump candlesticks
MACD showing high selling pressure on daily
as well as both SMA and EMA 30 and 50
while Bull Bear Power is Neutral with 1500 points
The Dollar Index (Dxy) will play a crucial role on Monday, determining whether it crushes, or crypto market does
but I can tell a solid pump when I see one, and this dont seem like one.
A solid breakout above the resistance level of 64.5k with a proper consolidation would confirm it, but the current consolidation seems unconvincing.
It is not an appealing position for accumulation either.
you can tell even Meme coins just stopped reacting to $BTC pump candlesticks
MACD showing high selling pressure on daily
as well as both SMA and EMA 30 and 50
while Bull Bear Power is Neutral with 1500 points
The Dollar Index (Dxy) will play a crucial role on Monday, determining whether it crushes, or crypto market does
LIVEcryptosarcasm
--
Bajista
#BTC🔥🔥🔥🔥🔥🔥
#dump
(decline is still on plan) Sellers are still in control. After studying the 4-hour technical charts and other technical indicators, this becomes clearer. The price is below the resistance lines and the bears have successfully broken several previously noted support levels. BTCUSD is currently following Dow Theory patterns, retesting previous breakout zones. In addition, the monthly chart with a bearish engulfing pattern is also looking towards a continuation of the decline. From a technical point of view, I would expect a continuation of selling with a target of $53,000 after a retest under $59,000 with a decisive break of the support at $56,000. This is all from a technical point of view, which I don't really care much for.
From a fundamental point of view, there is a lot of positive news on Bitcoin right now, which could be a simple manipulation to drive the bulls into a trap and lock in a profit on their liquidity.
Canceling this scenario will happen if we break the $67,300 level. To do this, we will need to break through $64,500 first and consolidate above it. Until then, the decline is a priority. I’m waiting for your poisonous wishes in the comments😉
#BTC #Bitcoin #BullorBear $BTC
#dump
(decline is still on plan) Sellers are still in control. After studying the 4-hour technical charts and other technical indicators, this becomes clearer. The price is below the resistance lines and the bears have successfully broken several previously noted support levels. BTCUSD is currently following Dow Theory patterns, retesting previous breakout zones. In addition, the monthly chart with a bearish engulfing pattern is also looking towards a continuation of the decline. From a technical point of view, I would expect a continuation of selling with a target of $53,000 after a retest under $59,000 with a decisive break of the support at $56,000. This is all from a technical point of view, which I don't really care much for.
From a fundamental point of view, there is a lot of positive news on Bitcoin right now, which could be a simple manipulation to drive the bulls into a trap and lock in a profit on their liquidity.
Canceling this scenario will happen if we break the $67,300 level. To do this, we will need to break through $64,500 first and consolidate above it. Until then, the decline is a priority. I’m waiting for your poisonous wishes in the comments😉
#BTC #Bitcoin #BullorBear $BTC
breakout is not confirmed yet
although we got both 1h and 4h candlestick closures, but we haven't got a day closure or enough support to break the resistance line of 64k, volume has been decreasing as well
a correction to 63k is expected and it should be a critical point, either it bounces up from there (way to 67k) or it drops below it (way to 56k)
although we got both 1h and 4h candlestick closures, but we haven't got a day closure or enough support to break the resistance line of 64k, volume has been decreasing as well
a correction to 63k is expected and it should be a critical point, either it bounces up from there (way to 67k) or it drops below it (way to 56k)
Critical points we should watch for concerning $BTC , $ENA and Dollar Index (Dxy)
$BTC trying to breakout again, everytime is has gotten to that point it was followed by a market crush,
62.5k-63.5k is a critical point
either its finally breaking out (although it could be another bulls trap), and be on its way back to 70k
or it doesn't succeed and we might be looking at the biggest crush of the year so far
the sudden pump seems promising to many and FOMO gotta be taking over the market but personally id rather wait to see BTC either breaking 64k or dipping down, its not worth the risk at the moment
$BTC trying to breakout again, everytime is has gotten to that point it was followed by a market crush,
62.5k-63.5k is a critical point
either its finally breaking out (although it could be another bulls trap), and be on its way back to 70k
or it doesn't succeed and we might be looking at the biggest crush of the year so far
the sudden pump seems promising to many and FOMO gotta be taking over the market but personally id rather wait to see BTC either breaking 64k or dipping down, its not worth the risk at the moment
we might be wrong, but i still believe its a fake breakout
DXY (Dollar Index) probably had to go for a further correction but its recovering, its currently within a bullish flag on 4h frame, yet its on a bearish flag on day frame but a breakout is possible
if it crushes for a deeper correction we will be seeing $BTC back to 70k before crushing again (its imminent)
and $ENA around 1.2
if Dollar Index recovers and heads for a breakout (most probably)
we'll be seeing $BTC back struggling on 56k for either a rebound or to drop further to 52k
dollar index breaking out would mean the worst dip of the year
be safe, ill keep you posted
DXY (Dollar Index) probably had to go for a further correction but its recovering, its currently within a bullish flag on 4h frame, yet its on a bearish flag on day frame but a breakout is possible
if it crushes for a deeper correction we will be seeing $BTC back to 70k before crushing again (its imminent)
and $ENA around 1.2
if Dollar Index recovers and heads for a breakout (most probably)
we'll be seeing $BTC back struggling on 56k for either a rebound or to drop further to 52k
dollar index breaking out would mean the worst dip of the year
be safe, ill keep you posted
LIVEMi_395
--
#BTC
BTC ARGENT UPDATE:
Guys BTC is not going as per analysis it's like a fake PUMP , please be safe.
I told bearish pattern was made on 4H which take time to breakout or breakdown the pattern but BTC PUMPED Quickly without respecting any resistance , this indicating a Bulls Trap.
And the current pattern breakout is considered as fakeout so please don't play with this risky market , you will loss everything 🙏🏻
#CryptoWatchMay2024
#mi_395
#MicroStrategy
#BlackRock
BTC ARGENT UPDATE:
Guys BTC is not going as per analysis it's like a fake PUMP , please be safe.
I told bearish pattern was made on 4H which take time to breakout or breakdown the pattern but BTC PUMPED Quickly without respecting any resistance , this indicating a Bulls Trap.
And the current pattern breakout is considered as fakeout so please don't play with this risky market , you will loss everything 🙏🏻
#CryptoWatchMay2024
#mi_395
#MicroStrategy
#BlackRock
warning ⚠️
possible dip head
sorry i haven't been posting for a couple days I've been off the market just spectating
to keep it short, US dollar index have been within a bullish flag for a while and yesterday was the first attempt to breakout of it but it wasn't successful so it had to dip a bit to the bottom of the flag for support, it has been following my analysis for a couple days so i decided to share them, a possible reverse would definitely push the crypto market down for a while
now about $BTC , its facing both the resistance line of 59k and Dollar Index's possible reversal, if the reversal isn't stopped, another dip to Crypto is inevitable, $BTC would drop to 56k for a test, if it breaks out its on the way back to 70k, if it breaks down 52k is the next stop
this would mean a rebound reversals, Dollar Index pumps and crypto drops.
as far as Dollar index goes, BTC drops as much
on 56k, $ENA should be around 0.735
on 52k (hopefully it doesn't get there), ENA should dip lower to 0.660-0.690
for now, hold it dont buy anthing, so far its a false breakout (volume isnt high or ultra high)
not forgetting that BTC lost its monthly streak after 6 rising months, halving effect might not be over yet
if BTC breaks down under 59k, 56k is probably the next stop
if my analysis prove to be right I'll post detailed predictions for other coins too
goodluck everyone
possible dip head
sorry i haven't been posting for a couple days I've been off the market just spectating
to keep it short, US dollar index have been within a bullish flag for a while and yesterday was the first attempt to breakout of it but it wasn't successful so it had to dip a bit to the bottom of the flag for support, it has been following my analysis for a couple days so i decided to share them, a possible reverse would definitely push the crypto market down for a while
now about $BTC , its facing both the resistance line of 59k and Dollar Index's possible reversal, if the reversal isn't stopped, another dip to Crypto is inevitable, $BTC would drop to 56k for a test, if it breaks out its on the way back to 70k, if it breaks down 52k is the next stop
this would mean a rebound reversals, Dollar Index pumps and crypto drops.
as far as Dollar index goes, BTC drops as much
on 56k, $ENA should be around 0.735
on 52k (hopefully it doesn't get there), ENA should dip lower to 0.660-0.690
for now, hold it dont buy anthing, so far its a false breakout (volume isnt high or ultra high)
not forgetting that BTC lost its monthly streak after 6 rising months, halving effect might not be over yet
if BTC breaks down under 59k, 56k is probably the next stop
if my analysis prove to be right I'll post detailed predictions for other coins too
goodluck everyone
.
LIVEThe Green Investor
--
Bajista
Let's talk about $BTC . I think there is no need to introduce myself to BTC people, because well, we are ALL BTC PEOPLE! 🤣 This is Part 1.
$BTC has been recently added to the daily analysis roundup for TRADERS. If you are an investor, disregard it since you're winning in the long run.
Okay; so, let's talk about the image.
In the image are shown Liquidation Levels for BTC around the current price.
As we can see, between $66,400-$68,000 there is a short liquidation zone that is weak (yellow/orange signals only). That means if the BTC commits to a bull rally and the price, with enough strength, hits 66,400; the price is likely to surge all the way to 68,000 before getting stopped.
Please note that in order for all these short liquidations to help BTC price to go up; the price must be increasing strongly and fast. If BTC just slowly touches 66,400, NOTHING is expected to happen, since this liquidation zone is weak.
Now, take a look at the numerous, STRONG, LONG liquidations below. Yes. That's what we are talking about when we claim BTC is currently weak. Many bulls joined the market, and if at any point, a megawhale with let's say, 4,000 BTC decides to sell all of them; this whale can very well arrange a crash all the way to about $60,000 because a chain reaction of liquidations will happen; though rumors exist there are "anti-crash" bots ready to BUY whenever a big move like this happens. I don't trust rumors when adding 60 grand to a market.
Now let's check BTC Dominance. BTC Dominance is relatively stronger when compared to yesterday. Yesterday and the day before, we had a "mini alt-season", with BTC.D falling a lot, indicating money has been taken from BTC and spread out in other coins or stocks.
If BTC commits to a bull rally, BTC.D is expected to increase as naturally does, and altcoins are expected to go up, even though money is being taken from them because there are a lot of people who think BTC UP = ALT UP and will buy alts when BTC is going up anyway.
Finally, we are going to talk about the usual PDI and RMO, but that's in the next post.
$BTC has been recently added to the daily analysis roundup for TRADERS. If you are an investor, disregard it since you're winning in the long run.
Okay; so, let's talk about the image.
In the image are shown Liquidation Levels for BTC around the current price.
As we can see, between $66,400-$68,000 there is a short liquidation zone that is weak (yellow/orange signals only). That means if the BTC commits to a bull rally and the price, with enough strength, hits 66,400; the price is likely to surge all the way to 68,000 before getting stopped.
Please note that in order for all these short liquidations to help BTC price to go up; the price must be increasing strongly and fast. If BTC just slowly touches 66,400, NOTHING is expected to happen, since this liquidation zone is weak.
Now, take a look at the numerous, STRONG, LONG liquidations below. Yes. That's what we are talking about when we claim BTC is currently weak. Many bulls joined the market, and if at any point, a megawhale with let's say, 4,000 BTC decides to sell all of them; this whale can very well arrange a crash all the way to about $60,000 because a chain reaction of liquidations will happen; though rumors exist there are "anti-crash" bots ready to BUY whenever a big move like this happens. I don't trust rumors when adding 60 grand to a market.
Now let's check BTC Dominance. BTC Dominance is relatively stronger when compared to yesterday. Yesterday and the day before, we had a "mini alt-season", with BTC.D falling a lot, indicating money has been taken from BTC and spread out in other coins or stocks.
If BTC commits to a bull rally, BTC.D is expected to increase as naturally does, and altcoins are expected to go up, even though money is being taken from them because there are a lot of people who think BTC UP = ALT UP and will buy alts when BTC is going up anyway.
Finally, we are going to talk about the usual PDI and RMO, but that's in the next post.
