LIVETonitto
@Tonitto
Early adopter. Love Binance.
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My short-term view on the markets:
Bitcoin is looking bullish long-term. However, with the failure of breaking through 31,000 it becomes more likely for BTC to fall. The bottom dotted support line must hold to keep the long-term bullish trend intact.
Comment your favorite crypto below and I'll do my best to make an easy to understand technical analysis on it. Will be making these analyses all weekend!
$BTC $ETH $BNB
Bitcoin is looking bullish long-term. However, with the failure of breaking through 31,000 it becomes more likely for BTC to fall. The bottom dotted support line must hold to keep the long-term bullish trend intact.
Comment your favorite crypto below and I'll do my best to make an easy to understand technical analysis on it. Will be making these analyses all weekend!
$BTC $ETH $BNB
Is $28K Imminent For BTC In The Next Few Days? (Bitcoin Price Analysis)
Bitcoin’s price has exhibited significant volatility recently, surpassing its previous minor swing high while simultaneously encountering substantial rejection. Nonetheless, the price is approaching a crucial area, with the overall price action signalling a bearish outlook.
Technical Analysis
By Tonitto
The Daily Chart
A thorough analysis of Bitcoin’s daily chart reveals the formation of an evident bearish double-top pattern near the major resistance region of $30K. Additionally, the price i
Technical Analysis
By Tonitto
The Daily Chart
A thorough analysis of Bitcoin’s daily chart reveals the formation of an evident bearish double-top pattern near the major resistance region of $30K. Additionally, the price i
Canadian Phishing Scammer Exposed For Stealing Over $1 Million In Crypto And NFTs
ZachXBT has exposed another remorseless crypto and NFT scammer and is sharing information with victims to take possible legal action against the culprit.
Popular on-chain sleuth ZachXBT has unmasked another crypto scammer responsible for stealing millions of dollars in digital assets using sophisticated phishing attacks.
The thief’s targets included the discord services for DeFi projects such as Orbiter Finance and Pika Protocol.
ZachXBT was able to track down one of Soup’s addresses after the scammer accidentally revealed it when proving that the ENS address purplelobster.eth was controlled by Blue – another scammer exposed by ZachXBT last week. Blue sent soup $25 worth of ETH at the time.
ALERT! - STAY AWAY FROM SCAMMERS, BE CAREFULL
ZachXBT has exposed another remorseless crypto and NFT scammer and is sharing information with victims to take possible legal action against the culprit.
Popular on-chain sleuth ZachXBT has unmasked another crypto scammer responsible for stealing millions of dollars in digital assets using sophisticated phishing attacks.
The thief’s targets included the discord services for DeFi projects such as Orbiter Finance and Pika Protocol.
ZachXBT was able to track down one of Soup’s addresses after the scammer accidentally revealed it when proving that the ENS address purplelobster.eth was controlled by Blue – another scammer exposed by ZachXBT last week. Blue sent soup $25 worth of ETH at the time.
ALERT! - STAY AWAY FROM SCAMMERS, BE CAREFULL
1INCH Steals the Show $1INCH
Needless to say, XRP was the most significant gainer after Ripple’s win over the SEC. The asset almost doubled in value within the first 24 hours after the ruling and neared $1. However, it failed there and retraced to $0.7 yesterday. It has bounced off and added 4.5% in a day now and trades at $0.75.
In contrast, BNB, which was outplaced by XRP, is down by 2.3% and struggles to remain above $240. SOL, ADA, MATIC, LTC, AVAX, and BCH are also slightly in the red from the larger-cap alts.
On the other hand, Uniswap, Arbitrum, and Aptos have all jumped by between 4-5% in a day.
The best performer from the top 100 alts, though, is 1inch Network’s native asset. 1INCH has soared by 45% in a day and over 90% weekly and sits well above $0.5.
Needless to say, XRP was the most significant gainer after Ripple’s win over the SEC. The asset almost doubled in value within the first 24 hours after the ruling and neared $1. However, it failed there and retraced to $0.7 yesterday. It has bounced off and added 4.5% in a day now and trades at $0.75.
In contrast, BNB, which was outplaced by XRP, is down by 2.3% and struggles to remain above $240. SOL, ADA, MATIC, LTC, AVAX, and BCH are also slightly in the red from the larger-cap alts.
On the other hand, Uniswap, Arbitrum, and Aptos have all jumped by between 4-5% in a day.
The best performer from the top 100 alts, though, is 1inch Network’s native asset. 1INCH has soared by 45% in a day and over 90% weekly and sits well above $0.5.
Bitcoin: Stay Small Or Stay Out
Bitcoin price action continues to linger at the 31K resistance. The appearance of a bearish outside like candle does not bolster the bullish argument. The key to effectively navigating these situations is to keep expectations small or simply stay out until new information presents itself.
When I say keep expectations small, this is best achieved by evaluating reward / risk on smaller time frames (day trade). While this consolidation between 28.5 and 31K still implies an absence of weakness, it
When I say keep expectations small, this is best achieved by evaluating reward / risk on smaller time frames (day trade). While this consolidation between 28.5 and 31K still implies an absence of weakness, it
Fibonacci extension target - 37,000$ !
On the four-day chart, Bitcoin has completed the initial formation phase of a significant cup and handle pattern. However, it is important to note that the pattern has not been confirmed yet.
However, it is important to note that the technical outlook is currently leaning slightly more towards a bearish stance than a bullish one, with limited momentum evident. If a conclusive breakout above the 31,000 level is confirmed, the subsequent Fibonacci extension target is estimated to be around $37,000.
The significance of the $37,000 price target stems from a potential bullish flag pattern observed on the eight-hour timeframe.
$BTC $BNB
On the four-day chart, Bitcoin has completed the initial formation phase of a significant cup and handle pattern. However, it is important to note that the pattern has not been confirmed yet.
However, it is important to note that the technical outlook is currently leaning slightly more towards a bearish stance than a bullish one, with limited momentum evident. If a conclusive breakout above the 31,000 level is confirmed, the subsequent Fibonacci extension target is estimated to be around $37,000.
The significance of the $37,000 price target stems from a potential bullish flag pattern observed on the eight-hour timeframe.
$BTC $BNB
Compound Update | Looks Promising, $88 Target Next?
Compound ended June on a positive note and continued growing all the way through the 4th July, then came the correction. 6 days closing red but a bounce is happening exactly at EMA300 (grey line on the chart). The question is this, can COMPUSD resume growing or will the correction continue? Compound moved ahead of the others, as it moved ahead the others started to follow, slowly but surely. If the correction ends for this pair, it is likely that it will also end for the other pairs. Let's s
BNBUSD Crossed the MA50 (1d) and starting a new rally. (LONG)
BNBUSD is trading inside a Channel Down pattern and today crossed above the MA50 (1d) for the first time since May 8th. A (1d) candle closing over it, confirms the expansion of a rally that started on the same level (Support 1 at 220.00) as the December-January rally.
Trading Plan:
1. Buy if a (1d) candle closes over the MA50 (1d). Targets: 1. 340.00 (Resistance 1 and same target level of Dec-Jan rally on a +53.50% rise).
Tips: 1. The MACD (1d) can provide an additional take profit signal as a clear Bear Cross was the confirmation in February that a correction was starting.
Please like, follow and comment!!
$BNB
BNBUSD is trading inside a Channel Down pattern and today crossed above the MA50 (1d) for the first time since May 8th. A (1d) candle closing over it, confirms the expansion of a rally that started on the same level (Support 1 at 220.00) as the December-January rally.
Trading Plan:
1. Buy if a (1d) candle closes over the MA50 (1d). Targets: 1. 340.00 (Resistance 1 and same target level of Dec-Jan rally on a +53.50% rise).
Tips: 1. The MACD (1d) can provide an additional take profit signal as a clear Bear Cross was the confirmation in February that a correction was starting.
Please like, follow and comment!!
$BNB
XRP - Another 83% - 350% pump is very likely! $XRP
Another 83% pump to 1.3244 from the current price in the next few days or weeks is more than likely! Why 1.3244? It is the next strong resistance because we have there the 0.618 Fibonacci retracement from the previous major wave. A
lso, there is a trendline from 2018 -> 2021, which is dynamic resistance, but it's near the specified FIB level!
XRP looks very strong because bulls were able to break a falling wedge pattern and an ascending triangle pattern on the weekly chart!
If the bulls are able to break the 1.3244 level, then the next resistance I see is the previous all-time high from 2018, which is at 3.2834. But make sure to sell your XRP here, because it's probably not going to break on the first touch. And a 50% or 70% crash from this level is very possible!
Another 83% pump to 1.3244 from the current price in the next few days or weeks is more than likely! Why 1.3244? It is the next strong resistance because we have there the 0.618 Fibonacci retracement from the previous major wave. A
lso, there is a trendline from 2018 -> 2021, which is dynamic resistance, but it's near the specified FIB level!
XRP looks very strong because bulls were able to break a falling wedge pattern and an ascending triangle pattern on the weekly chart!
If the bulls are able to break the 1.3244 level, then the next resistance I see is the previous all-time high from 2018, which is at 3.2834. But make sure to sell your XRP here, because it's probably not going to break on the first touch. And a 50% or 70% crash from this level is very possible!
Bitcoin's 2022 Inverted Repetition
In May/June 2022 Bitcoin stopped its decent to challenge the $30,000 level as support. It took more than a month before this support level broke, followed by new lows. Fast forward to present and Bitcoin is facing $31/$32,000 as resistance, it will soon be a month.
Bitcoin will continue to challenge this resistance until it breaks, followed by new highs. We will see an inverted repetition of past action. As a resistance level continues to be challenged, over and over, weaker and weaker it becomes. This is true for the current resistance between $31,000 and $32,000. It is a great time to be a Bitcoin bull.
Ripple wins, Cryptocurrencies for the public are not securities... Everything is set to grow, strong!
$ETH $BNB $BTC
In May/June 2022 Bitcoin stopped its decent to challenge the $30,000 level as support. It took more than a month before this support level broke, followed by new lows. Fast forward to present and Bitcoin is facing $31/$32,000 as resistance, it will soon be a month.
Bitcoin will continue to challenge this resistance until it breaks, followed by new highs. We will see an inverted repetition of past action. As a resistance level continues to be challenged, over and over, weaker and weaker it becomes. This is true for the current resistance between $31,000 and $32,000. It is a great time to be a Bitcoin bull.
Ripple wins, Cryptocurrencies for the public are not securities... Everything is set to grow, strong!
$ETH $BNB $BTC
BTCUSD → Pre-break consolidation and flat at resistance
BTCUSD continues to forge an uptrend and also gives us preconditions that the growth will continue. The price is forming consolidation before the breakout and is confidently forming another bullish wave.
On the chart we see an ascending triangle, the key resistance area that holds the price is the area of 31500.
Resistance levels: 31500
Support levels: 30000, 29700
I expect the consolidation to continue with the subsequent price squeezing to the resistance. A sharp retest will lead to the fact that the resistance may be broken. Medium-term outlook 32196-34000.
$BTC
BTCUSD continues to forge an uptrend and also gives us preconditions that the growth will continue. The price is forming consolidation before the breakout and is confidently forming another bullish wave.
On the chart we see an ascending triangle, the key resistance area that holds the price is the area of 31500.
Resistance levels: 31500
Support levels: 30000, 29700
I expect the consolidation to continue with the subsequent price squeezing to the resistance. A sharp retest will lead to the fact that the resistance may be broken. Medium-term outlook 32196-34000.
$BTC
Bitcoin is showing confidence and chic dynamics in the market. On the global chart, the flagship is forming 4 key set-ups that say it is highly likely that the price will continue to strengthen. Let's break it down!
Support levels: 30575, 30261, 30000
Resistance levels: 32196. 34000, upper limit of the channel
I expect from the bulls a strong position above the level of 30000-30575. In the medium term bitcoin gives good signals, which can realize the idea of 34000-38000
#bitcoin #support #signals
$BTC
Support levels: 30575, 30261, 30000
Resistance levels: 32196. 34000, upper limit of the channel
I expect from the bulls a strong position above the level of 30000-30575. In the medium term bitcoin gives good signals, which can realize the idea of 34000-38000
#bitcoin #support #signals
$BTC
First we had the stock market breaking bullish... The SPX, the NDX and the DJI.
We said that Bitcoin would follow!
As Bitcoin grows, everything grows.
When Bitcoin stops to take a break or retrace, the Altcoins will shoot up!
Remember to allow room for swings, shakeouts, volatility to develop on the way up.
Remember the bigger picture is higher highs and higher lows, long-term.
While Bitcoin is going bullish, keep in mind that we still have one last major correction/consolidation phase before the next full blown bull-market takes place.
✔️ NAME YOUR ALTCOIN
Name any Altcoin pair in the comments section below and I will reply with an analysis for you.
The better looking ones I will publish.
The rest I will reply in the comments.
Make sure to follow and boost.
#crypto2023 #predictions #BinanceTournament
$BTC
We said that Bitcoin would follow!
As Bitcoin grows, everything grows.
When Bitcoin stops to take a break or retrace, the Altcoins will shoot up!
Remember to allow room for swings, shakeouts, volatility to develop on the way up.
Remember the bigger picture is higher highs and higher lows, long-term.
While Bitcoin is going bullish, keep in mind that we still have one last major correction/consolidation phase before the next full blown bull-market takes place.
✔️ NAME YOUR ALTCOIN
Name any Altcoin pair in the comments section below and I will reply with an analysis for you.
The better looking ones I will publish.
The rest I will reply in the comments.
Make sure to follow and boost.
#crypto2023 #predictions #BinanceTournament
$BTC
Exploring the Best Crypto Investments #crypto2023 ##BTC #BNB #ETH $BTC $ETH $BNB
Investing in cryptocurrencies has emerged as an exciting avenue for individuals seeking potential high returns in the ever-evolving world of finance.
1. Bitcoin (BTC):
Bitcoin, the pioneering cryptocurrency, remains the most well-known and widely adopted digital asset.
2. Ethereum (ETH):
Ethereum stands out as a leading blockchain platform that supports smart contracts and decentralized applications (dApps).
3. Binance Coin (BNB):
Binance Coin is the native cryptocurrency of the Binance exchange, one of the world's largest and most influential cryptocurrency platforms. BNB offers various utility functions within the Binance ecosystem, including discounted trading fees and participation in token sales.
Investing in cryptocurrencies has emerged as an exciting avenue for individuals seeking potential high returns in the ever-evolving world of finance.
1. Bitcoin (BTC):
Bitcoin, the pioneering cryptocurrency, remains the most well-known and widely adopted digital asset.
2. Ethereum (ETH):
Ethereum stands out as a leading blockchain platform that supports smart contracts and decentralized applications (dApps).
3. Binance Coin (BNB):
Binance Coin is the native cryptocurrency of the Binance exchange, one of the world's largest and most influential cryptocurrency platforms. BNB offers various utility functions within the Binance ecosystem, including discounted trading fees and participation in token sales.