Today's $UNI proposal pushes the UNI token immensely while BTC was in the most vulnerable position.
In late January- early February, I mentioned that it is worth using the drawdown to position in Ethereum-related DEXs and DeFi products like UNI, SUSHI, 1INCH, CRV, COMP, etc.
Here we are.
The UNI itself dragged the whole segment of these tokens.
It is important to understand when to rotate in what.
I think, $UNI will reach $16-$18 within a month.
The weekly 50MA support worked splendidly as always.
#Write2Earn $ETH Update Black box is the main resistance zone and yellow box is the main support zone. Price may reject that area (For now, I am not sure, I need to watch a bit more), thats why I said just be careful about altcoins. We may see a retracement from this zone. (Price is still bullish but we have to be careful from now on). There is nothing to worry for now but almost every altcoins are at the main support zone. If its broken, we may see some sell off for the alts. If ETH reclaims the black box, 3500-3600 area will be seen soon.
$btc currently holding above the 2023 open but also needs to get above the yearly VWAP which currently sits at $43.3k. Weekly and monthly closes are the ones to watch for confirmation $BTC #Write2Earn
$BTC - Update Not looking to trade the FOMC volality or the Month End today, will wait for things to settle down and then pick up the pieces afterwards Overall, based on the last cycle high and low, we have had a rejection from FIB618 level Keep an eye on the mid-level at 42238 At some point the MM will need to fill inbalance in the weekly green vector from 22-25k On the 3 Month Timeframe, this vector recovery extends to 16k I don't make up the rules, it is what it is #Write2Earn
#Bitcoin forms consolidation at/above Fib 0.618. This characteristic is obvious in previous cycles. After the consolidation, it will send to the mooooon.🚀 #TradeNTell
🗺️Bitcoin Roadmap🗺️⏰(1-hour timeframe) ⏰ 🧐Bitcoin does NOT seem to have decided to fill the CME gap ($40,325-$39,290) 🔵 at the moment and is likely to fill this gap on the 🔵next decline.
🌊From the theory of the Elliott waves, it seems that Bitcoin has completed 5 downward waves, and we should wait for corrective waves.
💡Also, we can see a regular divergence (RD+) between successive valleys.
🔔I expect Bitcoin to go up in the coming hours and break the 🔴resistance zone ($42,200-$41,780) 🔴 before it and have a minimal rise until the end of wave 4.
❗️⚠️Note⚠️❗️: An important point to always remember is capital management and lack of greed.
Bitcoin Analyze (BTCUSDT), 1-hour time frame ⏰.
Don't forget to set stop loss for your positions (for each position you want to open).
$BTC currently 42400 is resistance; flip it on d close and BTC will move towards 44k here; Fed interest rate decision so it might be remain unchanged #Write2Earn
The Value of Bitcoin Wallets Rises to $68 Billion: How Does This Affect the Price of BTC? There are 1.7 million Bitcoins worth $68 billion stored in Bitcoin savings wallets.… #BTC#Write2Earn:
#BTC #Write2Earn: "BTCUSDT analysis: Potential levels to watch this week - 45k, 49k, and 53k. Do Your Own Research (DYOR), Trust Your Own Analysis (TYOA), Not Financial Advice (NFA). #BTC #Crypto #Trading"
$SUI Update Modified chart and is now more convenient imo. Added mid level in confluence with the EMAs. Hence, still keen on that retest before any upwards continuation. Market shifts and $BTC pumps, we might see a green candle towards new highs.#BTC#sui #TradeNTell
#BTC #Write2Earn: #Bitcoin reclaiming the resistance area! $BTC apparently is strong enough and the bulls step in to reclaim the support area which it broke below earlier. Now we have to see if #BTC can hold this support again.
Btc first bottom was 13k then 20k now the last bottom of btc is 35k to 40k. This bottom will be final then price will break the 69k resistance
100k is very near one good buy order of blackrock and vanguard send btc upto 100k
Btc has very low supply 21.million and very easy for big firms to send btc price at 100k
Current market cap is 785 billions and btc price is 40k
Btc price just need 2000 billions market to set high at 100k and in future 100k will be a piece of cake.
$BTC so here is the latest BTC Macro update. We have been talking about the important $40.5K level which was successfully defended multiple times on the daily tf but it was finally lost and now it has started acting as a strong resistance as seen on the daily chart...
I am expecting the diagonal 786 fib channel below to hold which could very well be the local bottom for BTC
#BTC# Bitcoin guarantee that it is very dangerous to fall, hurry up and run, those big levels they Long deliberately spread rumors. It's all rumors and Long #tradeNTTell
Binance Square, formerly known as Binance Feed, aims to be the one-stop social platform for the latest trends in Web3. With a vast selection of content from renowned crypto experts, avid enthusiasts and trusted media sources, the platform serves as a bridge between content creators and their followers, customizing users’ feeds based on their respective engagement history.#Write2Earn
#BABYGROK# The Chinese group is full of actors and dogs, getting paid, Twitter with a blue check sign seems to be very awesome, 86 Hong Kong dollars can be added, a group of fools are still there to laugh at themselves, looking ridiculous#TradeNTell
The Ether Foundation sold 7,000 today, causing ETH all the way south. Grayscale gives CB 10,000 from time to time, and the market collapses.…#TradeNTell