✅ $110 millions of shorts liquidated in 15 minutes. BTC at 20K, it is not yet for tomorrow. 😁

✅ Here is an introduction about a sentence formed by 3-words, you may have heard people discussing in trading: "Dead Cat Bounce."

👉Firstly, this phrase is derived from an old expression that "even a dead cat will bounce once if it falls from a great height."

👉In trading, a "Dead Cat Bounce" is a continuation pattern that looks in the beginning like a reversal pattern. It begins with a downward move followed by a significant price retracement. The price fails to continue upward and instead falls again downwards, and surpasses the prior low refers to a brief recovery in a declining trend.

👉I won't go into details as this pattern is very complex and also difficult to spot when it actually occurs.
However a "Dead Cat Bounce" usually has the following indications:
🔹The stock’s price has fallen consistently.
🔹The stock regains value, but for a brief time.
🔹The stock loses value again with consistent a downward trend.

⚠️ REMARK: Understanding market fundamentals is essential to determining if an uptick in the price structure will be a "Dead Cat Bounce" or a "Market Reversal", before making further investment decisions.

🚩The SandBox #SANDUSD (Binance TF. 2-hour)

Well, it doesn't seem that $SAND is done here... and a new ATH is again in the air! 😅

🔥 The #Bitcoin is now testing the $40K level, and just hit its 40-day high, at $40,013

⚡️BREAKING NEWS ⚡️
Damn ... Amazon would have denied the rumors of acceptance of Bitcoin!

⚠️ The source seems legitimate even though no name has been given yet. (see bellow)

👉 #ZeroHedge was one of the first to post the news on Twitter. Amazon denied the report from City A.M., according to Zero Hedge. It added that it has no plans to launch a crypto by 2022 and will not accept Bitcoin this year but that it will continue to explore cryptocurrencies and blockchain.

✅ What's next for Bitcoin after that Amazon denied crypto reports?

👉 Here is the Technical Analysis Graph that I made it very simple and with only the indicators needed. @AlainBKK

✅ What's next for Bitcoin after that Amazon denied crypto reports?

💚 Well, I would like to say nothing more & nothing less than what is expecting in a range.
👉 BTC continues to swinging between North (resistance) and South (support), in its 64-day mature range.
👉 3 days ago, BTC price surged from the horizontal support (as predicted) for a bullrun that reached the opposite range side, to hit the horizontal resistance, before having a retracement in the mid-range.
👉 No doubt that both of these levels (support & resistance) might be retested at any time.

💚 At this stage, saying the BTC breakout will occur from its range by the North or the South is like betting Red or Back in casino... BECAUSE in trading we usually need the validation from at least 3 technical indicators in order to evaluate the upcoming trends, and then we can be able to make +/- reliable predictions.
👉 There are a lot of technical indicators, but here are 3 of them that seems more appropriate to the current BTC technical context, that I will be watching closely in order to try to anticipate any BTC breakout.
🔹 The 4-month-old Bearish Trend Line (yellow color) that could be a strong resistance, BUT will need to be broken in order to see the BTC progressing above $42K level.
🔹 The 50/100/200 Moving Averages which are now in same levels as the last daily candles, BUT each should take a position either above (resistance) or below (support) from the BTC price structure.
🔹 The (downtrend) Descending Triangle which is a Bearish Pattern. BTC is now moving in the last 1/3 part of the triangle where almost all breakouts occur, EXCEPT if the King decided to navigate until the end of the triangle for making more suspense, and stress us a little more! 😅 @AlainBKK

It's never too late for taking the right decisions! 😎

https://cointelegraph.com/news/binance-will-work-with-regulators-as-it-expands-says-ceo

🚩 As said earlier today, the BTC doesn't seem to giving-up so easily after this $40K level... and as proof, it just retested and crossed it.

✅ Not bad at all for a financial asset that is despised, and even hated, by most Central Banks, the IMF and other financial institutions.
There are only 2 commodities (Gold + Silver) and the GAFAM which are ranked before the Bitcoin !!!! 🤗

🚩Ripple #XRPUSD (Binance TF. 1-day)

⚠️ To speak frankly I'm not a fan of Ripple, except when there are opportunities to buy #XRP under $ 0.18 coz in the past, I made nice and easy gains by scalping its price. 💚

👉 Please, find here the TA updated. We see a double bottom with the price structure testing the 9-month-old resistance, so at this stage it may be safe to wait and see the breakout validated, before to take any position. I did not added moving averages indicators but at this time the MA50/100/200 are all positioned above the last daily candle.

✅ The timing of this announcement makes me believe clarity with the SEC is right around the corner.

👉 We need more details in coming days, but it could be one of the greatest crypto news we having since a while.

✅ Rumor #Phamton #Solana

👉 I wanted to prepare a note to share with you about on the new PHANTOM wallet that I tested, and which will become as famous as the Metamask and BinanceSmartChain wallets... and I just came NOW across a rumor in the Phantom Twitter account about an announcement to come soon with the hashtag #SOLANA in the Tweet.

As Solana network is already supported by Phantom wallet and we can transfer #SOL tokens there... I have no idea at all about topic of this announcement, but better to keep an eye on Solana chart.

✅ Original message tweeted 1 hour ago by Phantom on their official Twitter account

✅ The Breakout on the Neckline + Retest on it has now validated the "Eve and Adam" pattern, and the target's hunting started.

💚 Right now, the price hits $10 (+30%) and still moving-up,
The TP1 was reached with +16.88% of gains.

🚩Results from yesterday talks:
www.facebook.com/webalainbkk

👉 Nice Pump for Haven Protocol over 24h:
🔹 #XHVUSD +62%
🔹 #XHVBTC +62%

👉 Terra "powered by Luna"
🔹 LUNAUSD TP2 50.65%

👉 MyNeighborAlice Hits a New High @ $16.50
🔹 #ALICEUSD +14.23%