PRO CRYPTO SIGNALS
2.27K subscribers
725 photos
15 videos
8 files
3.58K links
Professional Cryptocurrency Trading News & Analysis.
Do your own research before following any Idea. (Spot trading Only).

@ProCryptoSignals_Support_bot
https://procryptosignals.com/

Live Support Contact: @ProCryptoSignals_Support
Download Telegram
Forwarded from Market Insights 🎁
#Update for Altcoin Market Status ( Bullish side)

#BTC.D formation double bottom pattern and BTC cap back to 1 Trillion with this movement, If we take the current signs into account, and BTC.D starting to follow this pattern growing more, then things go in favor for bulls.

which means! BTC will breakout and ALTS will grow as well, something everyone likes to see happen.

but until the current moment, everything might change with one panic sell, so it's better to be sure you follow risk management.

Yeah, our view is about dump in mid-OCT, as we expected this recovery in the first week of OCT also, but it is still a prediction, which makes it subject to success and failure.
and because we trade the movement and what happens, because there nobody can force what he wants to happen in the market. we take trades and stick with risk management.

we already shared with you the bearish idea and this is what are we looking for, but what if things go in another direction and everything becomes bullish?

to make this happen Bulls need to breakout $55/65 Weekly, and if they do we will see another ATH at $80/120K probably which make BTC gains 100% above the previous ATH,
but the gainers, in this case, will be ALTS, most of them will achieve nice profits VS USDT, not BTC their prices will hold or decreased vs BTC, but VS USDT they will make good gains, for that in the last 3/5 months we were trading USDT ALTS only, accumulation USDT for dips, and take max profits, And it's also moving faster with Bitcoin's rise so in both sides things are in their favor for ALTS USDT.


for now, we keep the same risk management plan and sharing trading ideas and signals, which make us ready for anything incoming.


Ps:
👨‍💻My personal opinion,(Biased view, Subject to fail)
I still believe in another dip for BTC to $32K/28K may be lower than these levels, this view is active as long as BTC didn't close above $55K/ 65K Daily/weekly.

What you can do during that is stick with risk management and be careful as long as bulls didn't show their full power, there will be always new traps like the previous cycles. and the full power Lie in breakout $55/ 65K weekly! and as we see they try that since weeks ago but they failed and the price was dumped by -25% so before starting fomo take a look at previous ATH and what happened for the people who got fomo near levels like that.

Remember,
The person who is obsessed with bullish thought can extract 10000 scenarios for bullish movement and the same with a bearish person. for us, we extract both sides and we define the best buy /sell zone and trade based on that, and what we care about is what happens.
As analysts, we have to explain both bullish and bearish directions, and if there is a chance to give a personal prediction for the next movement we will do as like previous analyses. Also, you do not have to worry about what or how we think, but you have to worry about what is happening and what you can do based on it. So, Be bullish or bearish as you want, But be sure you cannot impose what you want or force it to happen. so be ready for everything.

Previous TA for BTC.D
https://t.me/Pro_Crypto_Signals/3938
https://t.me/Pro_Crypto_Signals/4600
https://t.me/c/1206638184/78096 (VIP)
https://t.me/c/1271958594/946 (VIP)
https://t.me/c/1271958594/961 (VIP)

Good luck to all.
Pro Crypto Signals
we ask Allah (God) reconcile and repay.
#DOGELON Not posted or shared here but it followed the analysis we made.