Trading Crypto Compass
#GOLD UPDATE : Nothing much happened from the past few weeks. Its still ranging a lot and continue to do so. Price having intermediate support and resistance at $3280 and $3365 respectively.
#GOLD UPDATE :
Still not much happened, still inside the range, forming the Falling Wedge pattern. Nothing much clear at the moment, Wait for the break of the $3322 or $3370.
Still not much happened, still inside the range, forming the Falling Wedge pattern. Nothing much clear at the moment, Wait for the break of the $3322 or $3370.
Despite heavy weekend selling and major profit-taking from long-term investors, Bitcoin showed remarkable stability 💪📊. Over 97% of circulating supply remains profitable at current prices, with most holders still sitting on unrealized gains 🚀💰.
This strength amid selling pressure demonstrates solid market foundation and suggests the underlying demand remains robust 🎯📈
This strength amid selling pressure demonstrates solid market foundation and suggests the underlying demand remains robust 🎯📈
#APT Analysis:
#APT is moving in choppy price action, sliding below the key flip zone of $4.70 - $4.84 📉🔄. Price has established new support at $4.00 and appears to be heading towards this level 🎯📊.
With the current sideways movement, best to wait for a clear breakout - short sells below support or buys only after reclaiming the flip zone ⚡️
#APT is moving in choppy price action, sliding below the key flip zone of $4.70 - $4.84 📉🔄. Price has established new support at $4.00 and appears to be heading towards this level 🎯📊.
With the current sideways movement, best to wait for a clear breakout - short sells below support or buys only after reclaiming the flip zone ⚡️
Trading Crypto Compass
BTC Update: Bitcoin retraced perfectly, hitting a fresh lower low with bears firmly in control 📉🐻💪. Next key support zone is $111,800 - $120,000 🎯📊. Watch for price reaction at these levels - any bounce might face selling pressure with the current bearish…
BTC Update:
BTC reached nearly to the mentioned support zone as expected 🎯📊. Price could still tap into that area for a potential bounce, but a reversal might also happen from current levels 🔄💪.
Plan your trades accordingly and watch for key signals at these critical levels ⚡️👀📈
BTC reached nearly to the mentioned support zone as expected 🎯📊. Price could still tap into that area for a potential bounce, but a reversal might also happen from current levels 🔄💪.
Plan your trades accordingly and watch for key signals at these critical levels ⚡️👀📈
Trading Crypto Compass
#BTC.D UPDATE : #BTC.D shows some rejections and fakeouts too, but now still in the range. A Bear Flag forming and can lead further down which can lead in good time for altcoins.
BTC.D Update:
BTC.D moved sideways after that massive drop 📉🔄. Currently not near support levels, so expecting further decline towards 56.78% with key support at 56.86% 🎯📊.
Watch for price reaction at these critical dominance levels as it could signal altcoin strength ahead 💪⚡️👀
BTC.D moved sideways after that massive drop 📉🔄. Currently not near support levels, so expecting further decline towards 56.78% with key support at 56.86% 🎯📊.
Watch for price reaction at these critical dominance levels as it could signal altcoin strength ahead 💪⚡️👀
The total dollar value of paper gains across all market participants, called unrealized profits, recently reached an all-time high of $1.4T in aggregate. This underscores how the majority of investors are sitting on substantial paper gains, and sets up an environment of potential future sell-side pressure should prices continue to rise further.
#ADA Analysis:
#ADA rejected strongly from major resistance at $0.90 - $1.02 and is now heading towards the supporting trendline 📉🔄. Price might break below and target the $0.74 - $0.76 support zone 🎯📊
Look for buy opportunities at that support level with proper confirmation signals before entering any positions 💪⚡️👀
#ADA rejected strongly from major resistance at $0.90 - $1.02 and is now heading towards the supporting trendline 📉🔄. Price might break below and target the $0.74 - $0.76 support zone 🎯📊
Look for buy opportunities at that support level with proper confirmation signals before entering any positions 💪⚡️👀
Trading Crypto Compass
BTC Update: BTC reached nearly to the mentioned support zone as expected 🎯📊. Price could still tap into that area for a potential bounce, but a reversal might also happen from current levels 🔄💪. Plan your trades accordingly and watch for key signals at these…
#BTC Analysis:
#BTC had a shallow retracement near the support area and might dip lower towards support before deciding the next move 📉🔄. Nothing much to do here - wait for price action to develop 👀📊.
The breakout direction will determine the next major move, so patience is key until we get a clear signal 💪⚡️🎯
#BTC had a shallow retracement near the support area and might dip lower towards support before deciding the next move 📉🔄. Nothing much to do here - wait for price action to develop 👀📊.
The breakout direction will determine the next major move, so patience is key until we get a clear signal 💪⚡️🎯
Trading Crypto Compass
#SUI Analysis: #SUI moving in a large consolidation range with decent trading opportunities 📊📈. Price following a supporting trendline but keeps rejecting from resistance at $4.27-$4.38 🚧📉. Shorts can be taken on rejection again, but this time it might flip…
Trading Crypto Compass
#ETH Update: #ETH failed to break the final resistance area with sellers taking control from there 📉🔴. Now reaching support at $4111-$4215 🎯⚠️. H4 timeframe looks bearish but hopefully the daily might hold it 🐻📊🙏.
#ETH Analysis:
#ETH finally retraced back to support area and bearish market structure appears to be forming 📉🔄. A tiny fakeout occurred, but if price action remains stable and slow, we could see a strong push back to previous highs 🚀💪.
Watch for confirmation signals before expecting any major reversal from these levels 👀📊⚡️
#ETH finally retraced back to support area and bearish market structure appears to be forming 📉🔄. A tiny fakeout occurred, but if price action remains stable and slow, we could see a strong push back to previous highs 🚀💪.
Watch for confirmation signals before expecting any major reversal from these levels 👀📊⚡️
Trading Crypto Compass
#BTC Analysis: #BTC had a shallow retracement near the support area and might dip lower towards support before deciding the next move 📉🔄. Nothing much to do here - wait for price action to develop 👀📊. The breakout direction will determine the next major…
Trading Crypto Compass
#XLM Update: #XLM dropped nicely from resistance, delivering around 12% profits 📉💰. Price is now traveling between ranges 📊🔄. If price reaches upper resistance again, expect similar moves. Before that, if it hits support, we can look for buy opportunities…
Trading Crypto Compass
Bitcoin Daily Update: Bitcoin hit a new ATH on daily timeframe and is now back at support zone 📈📉. Price action looks like a fakeout and liquidity hunt pattern now 🎣💀⚠️.
#BITCOIN Daily TF Update:
#BITCOIN broke nearby support and tested the key $111,600 - $112,000 zone, showing a clean rejection 📉🎯. Currently facing resistance with price action remaining choppy on higher timeframes 🔄📊.
For bullish continuation, we need decisive flips above $117,000 and $120,000 levels 💪🚀⚡️
#BITCOIN broke nearby support and tested the key $111,600 - $112,000 zone, showing a clean rejection 📉🎯. Currently facing resistance with price action remaining choppy on higher timeframes 🔄📊.
For bullish continuation, we need decisive flips above $117,000 and $120,000 levels 💪🚀⚡️
#DOT Analysis:
#DOT is consolidating within a large triangle pattern with defined support at $3.55 - $3.62 and resistance at $4.22 - $4.28 📊🔺. Price action suggests a sharp breakout is imminent 💪⚡️.
Set alerts on breakout levels and enter positions after confirmation or on successful retest of broken levels 🎯👀📈
#DOT is consolidating within a large triangle pattern with defined support at $3.55 - $3.62 and resistance at $4.22 - $4.28 📊🔺. Price action suggests a sharp breakout is imminent 💪⚡️.
Set alerts on breakout levels and enter positions after confirmation or on successful retest of broken levels 🎯👀📈
Unrealized Profit % broke above +2σ band - a level historically tied to market euphoria and ATH formations 🚀📈💪. Shows investors holding substantial normalized gains across the market 💰✅.
Strong bullish sentiment creating positive momentum, but also increasing incentives for profit-taking as euphoria levels rise 🔄⚡️👀
Strong bullish sentiment creating positive momentum, but also increasing incentives for profit-taking as euphoria levels rise 🔄⚡️👀
#BANANA Analysis:
#BANANA dropped below listing price and formed a large bear flag pattern 📉🚩. Price could head lower towards the bottom support line with potential breakdown risk 🎯⚡️.
Limited opportunities here - focus on shorting or consider short-term buys only after reclaiming $27.50 flip level 💪👀📊
#BANANA dropped below listing price and formed a large bear flag pattern 📉🚩. Price could head lower towards the bottom support line with potential breakdown risk 🎯⚡️.
Limited opportunities here - focus on shorting or consider short-term buys only after reclaiming $27.50 flip level 💪👀📊
Trading Crypto Compass
Bitcoin Weekly Update: Bitcoin keeps getting rejected from the weekly resistance zone which remains strong 🚧📉. Candle barely closed above the zone and this week looks similar 📊⚠️. If retracement comes, wait for daily timeframe to form support before anticipating…
Trading Crypto Compass
DXY Update: DXY pushed higher but got rejected hard with a huge wick, reaching major support area again 📉🕯. Index is now holding at trendline support 📊💪. Next week's gonna be interesting - keep eyes on the Dollar Index 👀💵⚡️.