​​The month closed very bad. All previous bullish candle have been engulfed. Waiting for new low this month, but still have the part of deposit in BTC/ALTS. I am trading now very carefully, close positions of see the danger. Be smart, trade market, not your beliefs.
#BTC

#Bitcoin Monthly candle close done ✅ and price left out the small wick to the downside, which open the gates for a potential next monthly candle bearish. This is a weekly TF chart where price is lying on a major support zone and previous Bull Run High too, which might be broken for liquidity grab.

Note : This is a weekly and Monthly chart, so things will not happen overnight. In lower TF, you may get high probable setups. 📈

#BTC broke the downward channel on hourly chart and price might hit the resistance zone again. Still there is not much strength in the market and overall market is moving sideways.

#Bitcoin  Active Entities is a proxy measurement for the size of the network user-base.

This activity metric is currently languishing at the lower end of a multi-year channel, indicating softness in network utilisation.

#FIO/BTC BUY/LONG CALL

Lying above strong support . RSI is showing bullish divergence. EMA'S are acting as a solid support. Stochastic is giving a buying signal.Expecting a big upward move from here.

Targets: 254-295-345-400 satoshi

Stop if 1D close below 210 satoshi

#FIO/USDT BUY/LONG CALL

Lying above strong support. EMA'S are also acting as a support. MACD crossover is showing bullish momentum. It will pump hard from here 🚀

Targets: $0.0515-0.0675-0.0795-0.0950

Stop if 1D close below $0.0422

#ETH took the retracement as expected and perfect bounced from tbe drawn support of $1520. Now, price ks on its verge to break the resistance zone around $1620. Fundamental event is also near for #ETH, expected a easy breakout soon 💪📈.

CHR analysis:

CHR is ranging between the support and resistance level. The support is $0.151-$0.161 area and the resistance is $0.196-$0.199 area. You can trade in this range with proper stop loss.

Bitcoin gave a fakeout above the falling wedge and goes back below the trendline. Still, there is not much movement in the market. We may see some move from Monday when global markets open.

BTC is holding strong above OB level on 1D timeframe on the other side USDT dominance are at strong supply zone and forming head and shoulder pattern on 1D indicating the start of bullish impulsive waves, overall market conditions are even better than before as we look forward to a new opportunity on a new coin in 48 hours from now. Prepare your Kucoin accounts, load them with USDT, and be ready for the next Kucoin Mega Bull Call. We expect great results this Sunday at 16:00 gmt. exactly 48 hours from now.

Here's a  important guide on Kucoin Mega Bull Call ⤵️
https://telegra.ph/How-to-Trade-KuCoin-Mega-Bull-Call-08-12

Read pinned post. Stay tuned.

Here's the analysis of #WAVES :

#WAVES dropped hard and dropped till the major support zone from daily TF and Weekly too. The zone is around $4.29 - $4.67 and currently, price is ranging inside the major support. There's an obstacle standing as structural resistance too. Better wait for the price to breakout either side strongly.

#BTC moved as expected. Price nearly tapped the resistance zone asn rejected. Price is again back to he support line around $19,800 and the range continues. Alts may rise a a little if the range continues and no FUD should be carried out.

BNB did preformed the same. Price gave a breakout to the downside and also given a cnadle closure in 4H TF. Also, price forming a triangle pattern a large falling wedge pattern, in which breakout is pending. Giving push to the downside will look for short-sell opportunity.

24 Hours untill Kucoin Mega Bull Call

Exchange: Kucoin
Pair: USDT
Time : 4pm GMT

Altcoins marketcap is retesting support here after falling wedge breakout on 12H we can see massive jump from #Alts anytime from here so we can say overall market conditions are extremely bullish and this is the right time to execute our Mega Bull Call. Many additional traders will be entering our coin as we are pumping it. This will increase our peaks, extend our duration, and of course multiply our profits. We look forward to an amazing call tomorrow and this time our team will make sure to reach official projected target of +1000% gains on Kucoin Mega Bull Call!

To participate make sure you have USDT in your "trading account" on Kucoin and be ready for the start in 24 hours from now.

Read pinned post. Stay tuned.

STOP PANIC SELLING your #Bitcoin. If you panic sold in recent weeks, this guy 👇 bought it from you.This address buys $2 -$8 million worth of #Bitcoin each and every day, regardless of price.

BTC UPDATE (not really)

Well guys, Bitcoin is teasing us. Yesterday breakout turned out to be fake. It is better to stay out of the market as long as the price is fluctuating in this range.

As for now my plan is going LONG in case of confirmed breakout of the $20600 and going SHORT in case of confirmed breakdown of the $19500.

Bitcoin futures volume hit a 21-month low in August

#Bitcoin: $19k is the most important support right now.

However, in my personal opinion it likely to breakdown in the next couple of weeks. It's my observation and opinion. Not financial advice.

We will look for entry once market clear direction.

#Bitcoin Active Entities is a proxy measurement for the size of the network user-base.

This activity metric is currently languishing at the lower end of a multi-year channel, indicating softness in network utilisation.

ATOM analysis:

ATOM is trading in an uptrend channel and we will see a test of the resistance line which is near the $13.70 level. The local support is $11.20-$11.30 area and major support is $9.80-$10.20 area. Wait for a test of the support area for new long positions or break of resistance level.

Bitcoin now trying to break to the downside of the triangle and this can be also a fakeout as price already moving inside the major support level. So this can be false build-up and Monday market open will clear out the direction.