πŸ“‰ Wise Analyze πŸ“ˆ
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Panama Follow El Salvador’s Footsteps To Support Bitcoin and Other Cryptocuurencies

Panama is Following the El Salvador’s footsteps to adopt Bitcoin and other cryptocurrencies as National Currency according to Gabriel Silva, a Panamanian congressman who proposes legislation in this regards.

Silva emphasized in a tweet that it’s important that Panama is not left behind in Bitcoin plans just like in El Salvador.

In Silva’s words, β€œIf we want to be a true technology and entrepreneurship hub, we have to support cryptocurrencies.”

@WiseAnalyze #dailynews
Forwarded from Wise Analyze Premium
So far BTC moves more or less as I wrote in late night update except that it already hit both zones I've marked as support and resistance. Hit 32390 and bounced to 34489. If BTC stay within recovery mode next dip should be higher to ~32850. If sequence will be different again and it will make another move up, than targets switch to 35500 and pullback to ~33500. Note that I mark out approximate zones, not precise price.

@WiseAnalyze #BTC
πŸ“‰ Wise Analyze πŸ“ˆ
πŸ“‰ Daily Bitcoin chart review πŸ“ˆ I promised 31.8-32k to be touched - done βœ… But frankly my inner bull is not satisfied with the length of 4H lower wick same as daily candle form. This is not how the dips that lead to a bounce look. Pretty weak dump, not enough…
πŸ“‰ Daily Bitcoin chart review πŸ“ˆ

Yesterday I wasn't satisfied with day candle form as it didn't promise any bounce. Now we can see a proper long tale candle with high volume - good enough to give a hope for a bounce. Fear index at 13 which is very bullish. Can hit 36k on that bounce. I'll be more bullish when I see 4H candle close above last LH at 36800. Day LH at 39470.

Don't forget that currently Bitcoin is in correction stage which is much closer to downtrend than to uptrend. Yesterday dip gave it liquidity for a good bounce, but week/month charts look same bearish as before.

πŸŸ₯ 34650 - 35800 - 37240
🟩 33350 - 32000 - 31300

Momentum at daily:
09
: AO πŸ”»πŸ”» AC πŸ”»πŸ”»
08
: AO πŸ”»πŸ”» AC β¬†οΈπŸ”»
06-07
: AO πŸ”»β¬†οΈ AC β¬†οΈπŸ”»
02-05
: AO πŸ”»β¬†οΈ AC ⬆️⬆️

😱 Fear & Greed index: 14 (<= 13 <= 15 <= 17)

Signals: πŸ”₯ Alts Watchlist πŸ’· Forex 🐦 Twitter
Discounts: ByBit | Binance | FTX | KuCoin | OKEX

@WiseAnalyze #BTC #Bitcoin (TradingView)
πŸ“‰ Wise Analyze πŸ“ˆ
BTC dominance chart recently was an enjoyable one to watch. Still dancing around 42 SR. If BTC dump lower dominance will bounce and grow back to 43 (= alts pullback). If continue sidemove dominance drop to 41 (= alts grow). Right now on a cross road. @WiseAnalyze…
BTC dominance dropped below 42 SR for a while and now moving back up to critical level at 42.8-43. Possible pullback with temporary alts recovery, but in general seems that BTC dominance is on a way to slow recovery. Once it get above 43 and establish it as support alts will continue losing value against the King.

@WiseAnalyze #Dominance #BTC
πŸ“‰ Wise Analyze πŸ“ˆ
πŸ“‰ Daily Ethereum chart review πŸ“ˆ Ethereum got stuck at 77000-78000 resistance and pulled back. Just what I told you about yesterday. Haven't yet dropped to 73700 SR, still has a chance for that though if BTC continue. Second entry at 71000. What I really…
πŸ“‰ Daily Ethereum chart review πŸ“ˆ

Ethereum moving per plan. 73700 SR passed by. If 71000 will be hit with long scam wick it will have a chance to bounce to 73700/75700. Potentially even continue small timeframe uptrend, but I doubt it as I see bearish divergence at daily forming, so ready to see ETH at 66000-67000 support. Besides this chart represent what we just saw at BTC dominance.

Resume - wait for ETH to hit 71000 and if bounce join alts on spot vs BTC. Should give 1-2 days of bullish market. Don't mess this with USDT pairs - they will be dependent on BTC PA.

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@WiseAnalyze #ETH
In the end these are 3 main charts you should watch to know what is happening in crypto. ETH/BTC is falling below 71000 SR and all alts follow it (spot vs BTC). Meanwhile BTC dominance breakout 43 and flying to 44. Bitcoin itself entering resistance zone at 36k. Wouldn't recommend to long BTC here and to short ETH. Both will pull back.

@WiseAnalyze #BTC #ETH
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πŸ“‰ Wise Analyze πŸ“ˆ
βš–οΈ TOP 4 by daily volume βš–οΈ These are today's top coins by volume (in USDT market). Green zones represent nearest strong support. Red zones represent nearest resistance. What to do with this info?: Buy support - sell resistance. Scale in and out between…
βš–οΈ TOP 4 by daily volume βš–οΈ

These are today's top coins by volume (in USDT market). Green zones represent nearest strong support. Red zones represent nearest resistance.

What to do with this info?: Buy support - sell resistance. Scale in and out between levels. Don't let your position be overleveraged (3x maximum) and too heavy. Be greedy when everyone is fearful and visa versa.

@WiseAnalyze #TopVolume #BNB #ADA #XRP #MATIC
πŸ“‰ Daily Bitcoin chart review πŸ“ˆ

Bitcoin made a nice bounce. At 4H it grown above last LH but at daily still below it (39470). Therefore it is yet early to confirm reversal.

After the day of green BTC might pullback today. For pullback with bullish bounce I see 34150-35000 range as most probable. Fall to 33350 support also can result in bullish bounce but will make me worry much more.

While I'm writing this BTC is testing 37244 resistance - in case of success can pump to daily LH. But still 2 hours till 4H candle close so not removing pullback scenario from the play.

πŸŸ₯ 37240 - 39200 - 41000
🟩 35800 - 34350 - 33350

Momentum at daily:
10
: AO πŸ”»β¬†οΈ AC ⬆️⬆️
09
: AO πŸ”»β¬†οΈ AC πŸ”»πŸ”»
08
: AO πŸ”»πŸ”» AC β¬†οΈπŸ”»

😱 Fear & Greed index: 21 (<= 14 <= 13 <= 15)

Signals: πŸ”₯ Alts Watchlist πŸ’· Forex 🐦 Twitter
Discounts: ByBit | Binance | FTX | KuCoin | OKEX

@WiseAnalyze #BTC #Bitcoin (TradingView)
πŸ“‰ Wise Analyze πŸ“ˆ
πŸ“‰ Daily Ethereum chart review πŸ“ˆ Ethereum moving per plan. 73700 SR passed by. If 71000 will be hit with long scam wick it will have a chance to bounce to 73700/75700. Potentially even continue small timeframe uptrend, but I doubt it as I see bearish divergence…
πŸ“‰ Daily Ethereum chart review πŸ“ˆ

Ethereum almost made it to 66000-67000 support. Bullish BTC crashed it yesterday leaving no chance to hold for 71000 SR.

Good news for ETH bulls - volume is decreasing so sell pressure is falling. Price action haven't yet formed any single bullish candle but once you see one with long lower tale and increase in volume - that will be a sign for alts to bounce (and most probably for BTC to fall).

πŸ”₯ Trade with maximum discount on fees: Binance -20% | Binance Futures -10% | KuCoin -10% | FTX -5% | ByBit | OKEX

@WiseAnalyze #ETH
πŸ“‰ Wise Analyze πŸ“ˆ
KSM reached 490-500$ resistance. Both psychological and "physically" strong level with much volume density. Potentially may breakout to ~550-570, but I'd bet on pullback to ~380-400$ for new entries. Set 320$ for average cost. This is mid/long term accumulation…
Last update for KSM I've advised to buy it on pullback at 380-400 range. And 380 turned out to be a strong support that hold price for 2 attacks before letting it down a little (missed average cost entry by 22$). From 380 to current top it made 41% πŸ‘ From Premium entry 94% πŸš€

I find it difficult to forecast anything now. Market is too shaky now. But I feel cautious about new longs at this level and rather wait for pullback to 390-410 support zone.

Premium profit up to 187% 😎

@WiseAnalyze #KSM
Berkshire Hathaway Invests $500 Million In Bank That Will Launch Bitcoin ETFs

Warren Buffett's Berkshire Hathaway invested exactly $500 million into digital bank, Nubank and acquired the Easynvest brokerage company.

As reported by CNBC, the two financial firms will offer their customers investments in Bitcoin ETFs later this year.

Warren Buffett might have changed his mind on bitcoin after the lunch with CEO of the TRON Foundation, Justin Sun, Charlie Lee and Yoni Assia when he was gifted a phone with some Bitcoin and Tron in a Wallets inside it.

@WiseAnalyze #dailynews
BTC dominance is killing alts for the 3rd day in a row. Endless bloody waterfall almost in all pairs against BTC (except most manipulated shitcoins). BTC.D already at 44.3 resistance and potentially can pump to 45/45.7. All that happens while BTC is making a bullish move and Ethereum/BTC chart dumping.

So we have more than 3 days of alts death without any visible bounce at 8H chart. I think relief rally is very near. But the big picture says that BTC dominance is recovering and therefore there will be no easy life for alts within nearest months.

@WiseAnalyze #Dominance #BTC
πŸ“‰ Wise Analyze πŸ“ˆ
And since I've mentioned KuCoin here is another coin I like and actually waiting for another dip to buy - VRA. It has two good support zones at 0.0153 and 0.0135 to build a ladder. And if lucky and it form higher low it will be good to grow to 0.029 (~100%…
I hope you took that trade as VRA perfectly bounced from given buy zone and now growing towards 0.019 resistance. Possible rejection on first attempt there and pullback to 0.0153 (second chance to buy it). If/When breakout 0.019 it will turn fully bullish πŸš€

πŸ”₯ Trade VRA with maximum fees discount at KuCoin - https://www.kucoin.com/ucenter/signup?rcode=7dNwc5

@WiseAnalyze #VRA