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CryptoTrader101
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$ETH Huge amounts of ETH withdrawals have been observed: 1. 50,000 ETH worth more than USD 188 million. 2. 50,000 ETH worth more than USD 188 million. 3. 12,414 ETH worth almost USD 47 million. These transactions have been seen as ETH being tranferred/withdrawn from Kraken to unknown wallets. It seems like whales are preparing for the big news of ETH ETFs going live on US exchanges. This would not only be a big news for ETH but also for other Ethereum blockchain based coins such $AAVE LDO UNI ENS $PEPE etc. Coming weeks could see big movements in the crypto world. This is not an investment advice, do your own research before investing in any coin. #DYOR #NFA #ETHETFsApproved #ETH

$ETH

Huge amounts of ETH withdrawals have been observed:

1. 50,000 ETH worth more than USD 188 million.

2. 50,000 ETH worth more than USD 188 million.

3. 12,414 ETH worth almost USD 47 million.

These transactions have been seen as ETH being tranferred/withdrawn from Kraken to unknown wallets.

It seems like whales are preparing for the big news of ETH ETFs going live on US exchanges. This would not only be a big news for ETH but also for other Ethereum blockchain based coins such $AAVE LDO UNI ENS $PEPE etc.

Coming weeks could see big movements in the crypto world.

This is not an investment advice, do your own research before investing in any coin.

#DYOR #NFA #ETHETFsApproved #ETH

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$BTC It seems like BTC has overtaken an important resistance zone of 69200 to 69500. If 69200 is confirmed as support on successful restest, then we would likely be trading over 70k. As I had mentioned previously, this is a very good hint of supply shock phase approaching. If things went as smooth as they are now, we could see a retest of the ATH in this week. BTC seems to be very strong, and increased dominance is making many alts suffer. Manage your risk accordingly and fasten your seat belts for a wonderful journey. This is not an investment advice, please do your own research before investing and do not rely on anyone else. I will not be responsible for any losses incurred by the readers. #BTC70k #ATH #pumpiscoming
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$BTC Are we going to see this week's candle close in red or green? It is the question bothering traders' minds now. It doesn't really matter since strong formations can be observed due to ever increase in buying these days. As for now, increasing BTC dominance is making alts suffer, so be careful with your trading and manage your risk accordingly. I am confident that next week would bring lots of surprises. So get ready! Please remember that this is not a financial or investment advice. Do your own research and take investment decisions at your own risk.
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$BTC For those who are good at reading charts, I'm sure you must've noticed the huge buying at this 67-68k levels. This indicates lots of interest in the $BTC . But we haven't seen any pump, you might ask? Well the choppy price action seems mostly due to the monthly close approaching. I'm sure we'll see slightly more volatility during Friday and near the monthly close. This 67-68k is a very critical level. We would like this being held through the monthly close, which could give us a push towards higher levels. Break this level and we could very well be revisiting lower levels down till 63-64k or even lower (though quite unlikely). This is not an investment advice, do your own research before making any investment. $BTC #Monthlyclosing #BTC
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What would be the next target for $ETH after its ETFs start trading?
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$BTC The market becomes very fragile near the ATH levels, which I think is the main reason why we saw yesterday's breakdown. Market broke down due to a news regarding huge number of $BTC being moved by the Mt. Gox into unknown wallets. However, we saw a clarification today that these transfers were routine ones, for the upcoming distributions planned by Mt. Gox. So there isn't much to worry about, except the fact that now negative emotions and FUD have taken over the emotional traders. I strongly believe that the market rewards only the patient traders, and we should see a recovery soon. The monthly close is also nearing, May's candle is still green and is likely to close green, which would be a strong signals of a bullish trend. The emotional traders and panic sellers will likely be left behind. For now we are retesting a critical support level i.e. 67k-68k. We should look for it to hold and to give us this month's close above 67k to confirm a strong bullish trend. This is not an investment advice, readers should invest after doing their own research of the market trends. I do not take any responsibility of losses incurred to the readers. #DYOR #NFA #BTC #MtGox
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