🐝 BITCOIN

Marked all crucial levels on the $BTCUSD chart. However, there are two ones which are the most important: $8500 and $9500. If the second one is broken, we REALLY can FORGET about shorting this asset.

📍#XTZ POST-PUMP-UPDATE

Here we can see a small upward movement to 3300 resistance and then continuation of the decline in form of 4-5 wave.

Upward movements can be caused by the convergence, but then - dump.

Halving soon, money won’t stay in alts. If you have lots of alts - reduce sizes. sizes.

🏁 BTC DOMINANCE

Grew up as expected. More likely we will see a continuation of growth until Halving. Better to be careful with alts.

💈 Small cap-altcoins won't be considered in this channel until Bitcoin Halving happens. All money from shitcoins will be moved into $BTC. However, in our opinion there are only two altcoins which worth considering - #LINK and #XTZ. That's the reason we will update them on a daily basis.

📍 #XTZ & #LINK UPDATE

At the moment these coins are highly correlated. It has started with the first red point the chart.

In any pair there always should be master and slave. Master is $LINK.

We can see that even when $XTZ absorbed the orange level, $LINK dragged it lower as it fixed below.

We have a double top on Tezos so more likely they both will dump in the near future.

🐝 BTC UPDATE

There is a bearish triangle on Bitcoin chart. During recent days the price broke through a bunch of resistances, it took a lot of fuel. We need at least a small consolidation and now $BTC chooses where will it be.

Resistance levels are $8945 and $9160, the support is at $7900. The market tells to open a small SHORT position there, however we don't want to take this risk and short Bitcoin at bullish market. Risky traders can try to do this, resistances were mentioned above.

Link to the TradingView idea: https://www.tradingview.com/chart/BTCUSD/EQZWP7Dh-BITCOIN-Need-Some-Chill/

🏁 #XTZ - Following the plan absolutely perfectly. Reached 3330 resistance first, now dumping with already 3.6% profit.

📍 #SPX

At the moment it is correcting from the growth. We expect it to reversal in the area of $2750 - $2800.

Source.

📍#ADA

Head and Shoulders, but still not formed enough. It would be good to short after breakdown of 550 sats with the stop loss above 550.

Situation on alts is controversial and even the most obvious patterns can work in a strange way, so don’t enter with the big size.

📍 #BNB

Descending channel. Don’t advice purchasing this asset until the resistance is not broken or at least 0.002 level. Space for going downwards is big.

🐝 BTC BRIEF

Fake breakout of $8945. The plan is still actual. Check yesterday update.

📍 #XTZ & #LINK UPDATE

Look how $XTZ follows $LINK after the red arrow: It took just one candle for LINK to form a local high and 4 candles for XTZ.

Right now LINK is testing local resistance, but not XTZ. Time for it to follow LINK and touch its resistance. If we see a growth till $3,8950 on LINK, it would be a nice long scalp XTZ till $2,94.

Remember that LINK is a master here, if you see it grow - buy XTZ. If you see a reversal - be ready with limit orders on XTZ. Analyze LINK and trade XTZ.

🐝 BTC

Firstly we wrote a big text with possible cases of situation development. Then I deleted it and wrote this update.

Our main message: don't open any position today, even scalps cause today is Sunday. Chill and prepare for tomorrow cause we will open a new position on $BTC tomorrow.

Weekend Trading is scam.

🏁 #XTZ almost reached the support of 3040 sats, which is 7.5% profit for those who SHORTed.

🐝 BTC UPDATE

Priority is upward here as the price is consolidating above the $8430. We opened LONG about 30 minutes ago. The first target is $8945, the second one is $9160 and the third one is $9400.

🏁 #ADA is breaking through the neckline of the Head&Shoulders pattern. Expect a continuation of decline, following the plan.

📍 #XTZ & #LINK UPDATE

#TEZOS usually jumps from the MA100 oт 4H chart. At the moment the priority is upwards cause we're located inside the correctional phase. Before entering LONG we should see a confirmed bounce from the mentioned level.

#LINK broke through the support and MA100 on 4H chart which is not a good sign. We can only hope that it is a fake breakdown. If we see a re-test of the broken support, we can enter SHORT position (if you don't hold one) and therefore LONG on $XTZ will be cancelled.