Who's ready for some bullish action?

On average, July has been an excellent month for $BTC and the crypto market.

Since 2013, Bitcoin has gained an average of 7.3%. Moreover, BTC closed July positive in seven out of eleven years.

So, let's do it again!

#bullish #Bitcoin❗

FLOKI Prints Bullish MACD Crossover On The Daily Chart — 15% Potential (minimum).

Here are the details 👇
$FLOKI printed a bullish MACD crossover on the daily chart. Simplified speaking, this happens when a shorter-term moving average moves above a longer-term average. Practically, it tells you that the token is gaining some upward momentum. Additionally, many market participants use the MACD to time their entry.

Backtest Details 🧐
On the daily chart, FLOKI has flashed the signal 11 times so far. FLOKI gained more than 2% in 10 out of 11 and more than 5% in 9 out of 11 signal occurences. However, the results for achieving more than 10% are slightly weaker (7 out of 11).

What about the chart 📊
FLOKI has found a local bottom at 0.00016 and should reverse from here. The first resistance is 0.0002, followed by 0.0003.

Potential & Approach 💰
The signal is calculated with a 15% profit potential, which is equal to the resistance at 0.0002. Therefore, a reasonable approach is to set a first take-profit target at the 0.0002 resistance and the second at 0.0003.

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BETA — Buy Signal on the Weekly Chart — 80% Potential 🚀

I posted a buy signal about BETA that flashed on the daily chart just yesterday. After yesterday's weekly candle close, things look even more promising.

Here are the details 👇
$BETA printed a bullish MACD crossover on the weekly chart. Signals on the weekly chart are highly reliable regarding long-term trends. This means the signal's potential might not play immediately, but it is highly likely to realize its potential during the next few weeks.

Backtest Details 🧐
The signal has solid backtest results. Based on 7 historical signals, TRB dipped over 5% after signals flashed in 72% of their occurrence.

Other Technical Indicators 💹
As usual, the number of signals considered in the backtests on the weekly chart is limited. However, so far, every time BETA flashed a bullish MACD crossover on the daily chart, the price rose by more than 10% thereafter.

What about the chart 📊
BETA had a huge pump of more than 100%, which catapulted the token back to its resistance at 0.09. Once this resistance breaks, the token can quickly rally towards 0.12.

Potential & Approach 💰
The signal is calculated with an 80% profit potential (~0.16). Therefore, a reasonable approach is to set a first take-profit target at the 0.12 resistance and the second at 0.16.

#beta #TradeSignal

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Moving nicely! Already 18% since the signal flashed.

If we can smash that $28 barrier sustainably we should quickly hit the final target.

Tellor — Ichimoku Signal Indicates 5% Dip!

Our algorithms identified a bearish Ichimoku signal for $TRB on the 4H chart. The signal indicates a 4%-5% setback.

Here are the details 👇
TRB printed a so-called Ichimoku signal on the 4H chart. The signal combines various Ichimoku indicators and validates the direction on higher timeframes. As a result, it is considered highly reliable.

Backtest Details 🧐
The signal has solid backtest results. Based on 7 historical signals, TRB dipped over 5% after signals flashed in 72% of their occurrence.

Other Technical Indicators 💹
Trend indicators are mainly bearish, whereas momentum indicators show a mixed picture.

What about the chart 📊
That's the exciting part: TRB is currently showing an uptrend after forming a bottom in early/mid-June. Therefore, based on the chart, a further price increase is likely. However, the Ichimoku price target perfectly fits the U-shape.

As a result, a possible scenario could be another retest of the U-shape before TRB continues going higher.

Beta Finance — Aiming For $0.16 — Massive Buy Signal 🚀

$BETA is up more than 100% since the beginning of the week. Therefore, I wouldn't consider a long trade following the rule, "Don't chase green candles!"

However, violating the rule might be a good idea in this case. Here's why 👇

BETA printed a so-called Power Scalper signal on the daily chart. The strategy is a rather complex approach that uses some lesser-known indicators (SSL, TDFI) and the RSI in an uncommon way, specifically tailored to realizing gains after a pump.

Signal Details 🧐
The signal flashed on the daily chart and had extraordinary backtest results. Based on 22 historical signals, BETA gained over 10% after signals flashed in 86% of their occurrence.

Other Technical Indicators 💹
All trend indicators (short, medium, and long term) show a bullish trend! Momentum indicators provide a mixed picture, which is logical after a 100% pump. As a result, the RSI, for example, is overbought. Additionally, the ADX shows a super strong trend and should help realize the signal gains.

What about the chart 📊
Currently, BETA trades at $0.095. The next resistance is ~0.12. This level can serve as a first take-proft target. The next resistance is $0.15-0.16, which correlates with this signal's profit target of 73%.

Calm before the storm?

Here's a quick summary of this weekend's news and updates. 👇

So far, we had a pretty boring but usual weekend market. Most crypto assets fluctuated 1%-2% and showed no intention for stronger moves.

RSI Continues to Recover While Bulls & Bears Are in Balance ✅
The overall crypto market RSI has continued to recover slightly. At the same time, the amount of bullish and bearish signals on the daily chart is very much in balance for the second day in a row.

Ethereum ETF Launch Will Be Delayed Most Likely 🚨
One of the most essential updates came in just a few hours ago. "According to Bloomberg ETF analysts, the SEC has taken additional time to return the S-1 forms submitted by prospective spot Ether ETF issuers, pushing the launch to mid-July or later."

However, this news did not impact the market. Nevertheless, the delay could potentially lead to a more extended period of sideways price action since many consider the $ETH ETF to be THE altseason catapult.

Very much agree with this. Best is yet to come.

Get prepared.

Crypto Market RSI Keeps Recovering 💪

The crypto market RSI calculates the average Relative Strength Index (RSI) of more than 200 crypto assets.

At the end of last week, the indicator reached its lowest low in two years. Although we expected a bounce slightly earlier, the indicator seems to have recovered perfectly since the beginning of the week.

As a result, most altcoins gained some momentum during the last few days. However, based on previous events, this should be only the beginning, and we will see a stronger relief rally in July.

The recovery could go hand-in-hand with the ETH ETF approval and launch next week. A final green light should catapult altcoins and fuel at least a moderate altseason.

#analyse #CryptoNewss

Injective Protocol Flashes Buy Signal On The Daily Chart — 16% Potential!

👉 Here's What Has Happened
$INJ printed a bullish MACD crossover on the daily chart. Simplified speaking, this happens when a shorter-term moving average moves above a longer-term average. Practically, it tells you that the token is getting some upward momentum, which likely leads to a further price increase.

ℹ️ Signal Details
The signal flashed on the daily chart and had extraordinary backtest results. Based on 30 historical signals, INJ gained more than 10% after signals has flashed in 80%. Moreover, the MACD is usually a good indicator on the daily chart — when specific aspects apply 👇

💹 Other Technical Indicators
Most momentum indicators are in the neutral zone and, therefore, support the signal. Many trend indicators have turned bullish or are about to turn bullish. The weak ADX should be monitored closely since we want to have the signal backed by a strong trend.

📉 What about the chart
INJ's 1D chart perfectly supports the signal. INJ has found strong support at $20 and bounced nicely. The profit potential of the signal aligns with the next resistance at 27-28.