Trading Crypto Guide ™
#BITCOIN DAILY TF UPDATE : #BITCOIN had some solid crash after the support being broken, straight to the support zone. had a quick, 20% V-shape recovery, but still a bearish structure is maintained, so until any confirmation wait for the proper confirmation…
Trading Crypto Guide ™
#TOTAL UPDATE : #TOTAL gave a weekly rejection from the resistance, and Daily candlestick turned it into a fakeout now. Index dropped an per the expectation and swept the old low as liquidity too. Still chances of it will hit the support zone and a reversal…
The current range between True Market Mean near $79.2K and Realized Price around $55K resembles early 2022 📊. Price is expected to oscillate within this corridor as new buyers emerge and accumulate supply ⏳. A short-term regime shift needs an extraordinary catalyst either reclaiming $79.2K signaling renewed strength 📈 or a systemic shock like LUNA/FTX forcing price below $55K 📉. Without extremes, prolonged range-bound absorption is the most probable mid-term path ⚠️💰.
Trading Crypto Guide ™
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Here's the Analysis of #ADA :
#ADA making it way up after the strong drop, rising from a key support zone around $0.25 . Price nearly got into resistance area and might drop after having a rejection wick. Due to a strong downtrend, you can attempt for short-selling after the HTF candle closes with a bearish confluence.
#ADA making it way up after the strong drop, rising from a key support zone around $0.25 . Price nearly got into resistance area and might drop after having a rejection wick. Due to a strong downtrend, you can attempt for short-selling after the HTF candle closes with a bearish confluence.
Trading Crypto Guide ™
#BTC WEEKLY TF UPDATE : #BTC is Weekly TF, had a close below had a retest and dropped very strong. This week 24.41% dropped came into play and had a rejection from the both support zone.
#BTC WEEKLY TF UPDATE :
#BTC had a rejection wick, but price eventually came lower and can give another shot down to the low made. Price again had a rejection wick from the support area and looks like again a indecision candle closing will occur. Let wait for other factor to combine and let market clear what going to be next.
#BTC had a rejection wick, but price eventually came lower and can give another shot down to the low made. Price again had a rejection wick from the support area and looks like again a indecision candle closing will occur. Let wait for other factor to combine and let market clear what going to be next.
Trading Crypto Guide ™
#DXY had a pullback after the break and close below and we saw drastic drop in the crypto market. Index had small flip of resistance area and can drop lower towards if it stars breaking the 97.30%. then we see a very positive move in the market.
#DXY had a flip of the resistance area again dropped shifting the market structure too. Index can further move lower with the market open, might push to a relief rally in the market. Next support area is at 94.26% - 94.72%.
Sell-side pressure has been absorbed within the $60K-$72K band that defined much of H1 2024 📊. This repeated defense suggests emerging conviction among buyers willing to accumulate in this corridor 💰. In a constructive scenario, sustained absorption could mirror prior strong accumulation phases laying foundation for the next advance 📈. However, durability depends on intensity and persistence of demand ⚠️. How aggressively buyers step in across $60K-$72K will determine if the market stabilizes range-bound or weakening absorption opens the door to deeper downside 📉🔴.
Trading Crypto Guide ™
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Trading Crypto Guide ™
#BTC WEEKLY TF UPDATE : #BTC had a rejection wick, but price eventually came lower and can give another shot down to the low made. Price again had a rejection wick from the support area and looks like again a indecision candle closing will occur. Let wait…
#BTC closed again with a rejection wick and rejecting the support too in weekly TF. Price still going through the consolidation and for this week also we have to wait for the price to break either side.
Trading Crypto Guide ™
#US30 UPDATE : #US30 had clean rejection but failed to print the new all time high and slides below the support zone too. Index almost reached the next nearest support zone around 48,300, we it could reverse from. Eyes on the area, and take the support as…
URPD shows price found support in a dense supply band from H1 2024 between $60K-$72K suggesting prior buyers are defending positions 💰📊. However, overhead supply remains heavy with significant clusters at $82K-$97K and $100K-$117K representing holders with unrealized losses 📉. These zones may act as sell-side overhang if prolonged losses or volatility triggers capitulation ⚠️🔴.
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Here is the analysis for #ZEN:
Price tapped the support line and bounced from there. Bullish movement will confirm after a close above $7 level. A rejection will lead to more downward move.
Price tapped the support line and bounced from there. Bullish movement will confirm after a close above $7 level. A rejection will lead to more downward move.
#BTC going through the channel pattern and in hourly TF, its moving from channel to next impulse move. Currently, its on a range and market is bot clear as well, market is barely moving any side. Wait would be very best thing it can be done, as running chasing minor moves can be risky at the moment.
Trading Crypto Guide ™
#GOLD made an up from the call around 3.6% in profits but back inside the range, goes into the sideways market. A HTF candle close over resistance around $5080, will lead in strong up move.
#GOLD failed to give any closing over $5080 and gone into sideways market. Price now formed a sideways market and have to wait for the breakout to happen and open position on that side.
Within this range identifying tactical inflection points is critical 📊. Monitoring local rally dynamics is important as early bear markets see rallies capped by recent buyers distributing into strength 📉. Sharp expansions in their unrealized profit often precede local tops 🔴. The Short-Term Holders Supply in Profit metric currently sits at 4.9% meaning most recent buyers remain underwater ⚠️. This shows a structurally fragile environment where upside momentum may struggle without meaningful demand expansion 💰📈⏸️.
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Here's the Analysis of #ASTER :
#ASTER made fresh Lows with this market downtrend and now had a very sharp move up, slowing down near the resistance area, can move further lower. Best case scenario can be a tap into the resistance a drop after that. Take it with additional confirmation, and let it run for mid-term.
#ASTER made fresh Lows with this market downtrend and now had a very sharp move up, slowing down near the resistance area, can move further lower. Best case scenario can be a tap into the resistance a drop after that. Take it with additional confirmation, and let it run for mid-term.