Bitcoin after making all time high at 68.5k$, we have hitted local bottom at 15.6k$, from there we have done a decent recovery and in these time we have given High Quality calls and hitted all targets successfully made good profits in shortterm calls in altcoins but right now bitcoin is facing fib. 61.8% golden ratio resistance. Which is a crucial area for whole cryptocurrency market to surpass in order to transition into a bull market. This Golden Ratio resistance zone holds great importance for the future of Bitcoin.
So out next course of Action would be watch the Price and Action around this area with weighted Volume and Plan new Trade setups according to our Technical Analysis.
So out next course of Action would be watch the Price and Action around this area with weighted Volume and Plan new Trade setups according to our Technical Analysis.
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Bitcoin on Larger Time Frame Analysis:
When we further drill down this chart on Higher Time Frame (i.e. Weekly) with multiple Indicators, we can clearly observe a exact rejection in this zone with a Evening Doji Star Candlestick Pattern which is considered as Bearish when forms in downtrend, also as you can see the above chart having multiple resistance in this zone!
So for now, it would be better to use trailing stoploss in ongoing short term profitable trade as you know Booking profit in your short term spot bag is necessary for continuation of Liquidity flow, For Long term bag no need to be worry keep accumulating.
pin us on top to get in depth Technical Analysis and Market Updates✍️ .
When we further drill down this chart on Higher Time Frame (i.e. Weekly) with multiple Indicators, we can clearly observe a exact rejection in this zone with a Evening Doji Star Candlestick Pattern which is considered as Bearish when forms in downtrend, also as you can see the above chart having multiple resistance in this zone!
So for now, it would be better to use trailing stoploss in ongoing short term profitable trade as you know Booking profit in your short term spot bag is necessary for continuation of Liquidity flow, For Long term bag no need to be worry keep accumulating.
pin us on top to get in depth Technical Analysis and Market Updates
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Ethereum : The King of Altcoins
Ethereum/USDT pair chart in weekly timeframe, is looking better then Bitcoin's weekly timeframe.
Ethereum right now broken 0.618 fib level and currently try to close & hold above it in green, also as we can clearly see the Pitchfan Downward Resistance also getting Broken at the same time with Pitchfan Uptrend Support Band providing support!
The psychological support level of $1700 being held on the higher timeframe can trigger a new altcoin rally. When we compare this with the Bitcoin Dominance Chart, which has reached its weekly major resistance level and is rejecting on the higher timeframe, we can expect a positive impact on the overall cryptocurrency market, including a decrease in BTC dominance and a potential breakout in Ethereum leading to a new mini altseason!
Ethereum/USDT pair chart in weekly timeframe, is looking better then Bitcoin's weekly timeframe.
Ethereum right now broken 0.618 fib level and currently try to close & hold above it in green, also as we can clearly see the Pitchfan Downward Resistance also getting Broken at the same time with Pitchfan Uptrend Support Band providing support!
The psychological support level of $1700 being held on the higher timeframe can trigger a new altcoin rally. When we compare this with the Bitcoin Dominance Chart, which has reached its weekly major resistance level and is rejecting on the higher timeframe, we can expect a positive impact on the overall cryptocurrency market, including a decrease in BTC dominance and a potential breakout in Ethereum leading to a new mini altseason!
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So will be going to conduct poll where you can vote for your favourite coins and we will be bringing in depth analysis on it for You guys 🙌.
Let's do it, will share the poll soon
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Crypto Engineerr
Good news for INJ holder. Inj burn is coming in next 8 hours
Our long term bag $INJ pumping hard, holding this since 1.75 dollars ..initials are out already and holding moon bag in here for long term.
I expect this to go beyond 20 dollar and in bull run above in range of 50 to 100 dollars as well 🙂
I expect this to go beyond 20 dollar and in bull run above in range of 50 to 100 dollars as well 🙂
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Crypto Engineerr
https://twitter.com/Engineercryptoo/status/1642160739795480576?t=BotX4sG0VFe-Z9MeiooH7A&s=35
There you go the ride has begun, Hope you all have got this in your bag after the deep Analysis i shared today 🙂
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Crypto Engineerr
There you go the ride has begun, Hope you all have got this in your bag after the deep Analysis i shared today 🙂
Yet another Top Gainer for you and that to on #binance 🤝
Gave just before the explosion of Doge and now you can see all big CT account started calling for Doge✍️
Quality over Quantity 🙂
Gave just before the explosion of Doge and now you can see all big CT account started calling for Doge
Quality over Quantity 🙂
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Crypto Engineerr
GiveawayAlert Random #giveaway worth $350 💵 is here ➡️Rules : 1. Follow me on Twitter and be Active @Engineercryptoo 2.Follow my Telegram and be active (t.me/CryptooEngineer) 3.Retweet and tag 3 friends who actually require this. Intention of giveaway…
Will announce the winner by today or tomorrow guys, Bit busy on my Hotel business legal work. Sorry for delay i have asked the team to take action on this and close ✍️
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$inj is going as planned, with the latest Liquid Staking💧 this will increase the utility of @Injective_
We have already done more than 300% on #INJ
Keep building in bear to see the massive return in Bull. This is just a trial, big move soon.
We have already done more than 300% on #INJ
Keep building in bear to see the massive return in Bull. This is just a trial, big move soon.
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Crypto Engineerr
There you go the ride has begun, Hope you all have got this in your bag after the deep Analysis i shared today 🙂
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Crypto Engineerr
$inj is going as planned, with the latest Liquid Staking💧 this will increase the utility of @Injective_ We have already done more than 300% on #INJ Keep building in bear to see the massive return in Bull. This is just a trial, big move soon.
$Inj touched $6 massive 350% profit on spot bag.
Hold this gem, soon we can see this in 2 digits.
Take your initial out and hold rest, Fully risk free🔥
Hold this gem, soon we can see this in 2 digits.
Take your initial out and hold rest, Fully risk free
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Crypto Engineerr
GiveawayAlert Random #giveaway worth $350 💵 is here ➡️Rules : 1. Follow me on Twitter and be Active @Engineercryptoo 2.Follow my Telegram and be active (t.me/CryptooEngineer) 3.Retweet and tag 3 friends who actually require this. Intention of giveaway…
Result Announced on twitter 👇
https://twitter.com/Engineercryptoo/status/1643306275814666242?t=NUXwA-bM7g4HQS9yc_FfjQ&s=19
https://twitter.com/Engineercryptoo/status/1643306275814666242?t=NUXwA-bM7g4HQS9yc_FfjQ&s=19
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Bought a bag of $UTK at 0.107 reason is there Rebranding and Chart. There rebranding is coming to #xmoney and many updates are in line.
Last time we have seen this with our GTO bag to $Gft which gave us 1000% return.
Heres the Analysis and Buy Zone for $UTK you should look in:
$utk coin right now have a inverse head and shoulder pattern- which is considered as bullish and attempting to breakout above it on daily timeframe, on doing so we easily expect upto 2x returns from it in longterm.
Buy zone :-> 0.10-0.114$
Sell Targets:-> 0.133$
0.158$
0.195$ ( in Longterm)
You can buy at current price of 0.119 with 2% of your PF and rest buy in the zone mentioned and hold.
Last time we have seen this with our GTO bag to $Gft which gave us 1000% return.
Heres the Analysis and Buy Zone for $UTK you should look in:
$utk coin right now have a inverse head and shoulder pattern- which is considered as bullish and attempting to breakout above it on daily timeframe, on doing so we easily expect upto 2x returns from it in longterm.
Buy zone :-> 0.10-0.114$
Sell Targets:-> 0.133$
0.158$
0.195$ ( in Longterm)
You can buy at current price of 0.119 with 2% of your PF and rest buy in the zone mentioned and hold.
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