📉 Daily Bitcoin chart review 📈

Bitcoin bounced from 55EMA at 4H (~22250) which is a bullish factor. Might see it re-test June VWAP ~23100 too. If market stay bullish BTC has to stay above ~22200 and breakout higher towards ~23500.

BTC CME closed at 22640 - just a reminder that this level will be revisited later, so don't plan anything extra bullish till next week. Today is Sunday so not much trust in what happens out there.

🟥 23100 - 23470 - 24100
🟩 22300 - 21700 - 20800

😱 F&G: 30 <= 31 <= 33 <= 34
💩 Alts: 32% < 30% < 30% < 29%

Signals: 🔥 Alts Watchlist 💷 Forex 🐦 Twitter
Discounts: ByBit | Binance | FTX | KuCoin | PrimeXBT| BitGet | Delta | Gate | Huobi | MEXC

@WiseAnalyze #BTC #Bitcoin

Check out how beautifully those gaps worked out after the dip. All three levels played SR role in later price action.

Note that ~1570 again left behind a gap so we may expect price to come back there as well as to 1530.

@WiseAnalyze #ETH

Prince Philip Of Serbia Dispels Concerns On Bitcoin Being Adopted In An Arab Nation

Philip Karageorgevitch, a.k.a. Prince Filip Karaorevi, put an end to claims that an Arab nation will soon accept Bitcoin (BTC) as legal cash.

The prince highlighted that the adoption of Bitcoin is inevitable for all countries, not only Arab states, in an interview he gave from Serbia.

The Prince said that because Bitcoin perfectly complies with Shariah law, it is a great fit for Muslim nations.

@WiseAnalyze #dailynews

Tomorrow new week starts, so what may we expect from the opening? Last week was pretty bullish. If next week start with pullback later index will continue growing. If first pump to 4070-4100 most probably will lead to a dump.

In any case since middle of June there is no serious volume on the chart and that doesn't give me too much confidence in that short bullrun. Most probably we will see re-test of 2021 Open at ~3764 sooner or later.

@WiseAnalyze #SP500 #Stocks

Scalp target achieved 👍

Within 15m TF it is still within uptrend + fundamental factors make me rather bullish about it in general. But its crypto so no harm in little scalps in both directions.

If Ethereum manage to hold above 1590 (same TF) we may expect it to grow higher and maybe even break bull flag formed at daily. That will take price to 1800-1900.

On the other hand if it lose 1590 chances increase to see its correction to ~1530 first.

P.S. For today I'm taking a pause with new trades.

@WiseAnalyze #ETH

📉 Daily Bitcoin chart review 📈

Bitcoin pullback pattern I've drawn yesterday filled in almost perfectly with one exception - no bounce from from 4H 55EMA (~22250) on the way back. That means that this is the nearest 100% bounce target.

If BTC get rejected there next will be 21300 / 20800. If BTC manage to reclaim that level and find acceptance above there is a chance for breakout. But frankly I don't expect market to be bullish this week. Why? Because Apple, Amazon, Boeing, Intel, Meta, Microsoft and other monsters are about to unveil their earnings in the upcoming week + FOMC meeting / interest rate hike.

All previous Earnings reports caused market crash. And that is not prediction, just a statement.

🟥 22300 - 22700 - 23200
🟩 21700 - 21300 - 20800

😱 F&G: 30 <= 30 <= 31 <= 33
💩 Alts: 33% < 32% < 30% < 30%

Signals: 🔥 Alts Watchlist 💷 Forex 🐦 Twitter
Discounts: ByBit | Binance | FTX | KuCoin | PrimeXBT| BitGet | Delta | Gate | Huobi | MEXC

@WiseAnalyze #BTC #Bitcoin

So the first bounce hit nearest level I've mentioned at 1550 👌🏼

Last dip to ~1550 generated good volume which gives me a hope we can see another swing up, but only if next dip will be met with the same bullishness as previous. If drop there without volume - expect it dump lower to 1475 / 1435.

@WiseAnalyze #ETH

#SUSHI look really strong ✊🏼

📉 Daily Bitcoin chart review 📈

Bitcoin pulled back to the bottom of last week range at 20800. No stocks crush, no dollar index pump yet. Just crypto volatility on its own.

This can be a nice level for a bounce, but no confirmation for it yet, so only in theory. Rule of patience tells that till we see some strong price action confirming LTF reversal its no trade.

If there will be a bounce nearest FVG at ~21500 / 22400.
If range low is lost, next will be 20000 / 19300.

🟥 21500 - 22400 - 23500
🟩 20570 - 20000 - 19300

😱 F&G: 26 <= 30 <= 30 <= 31
💩 Alts: 30% < 33% < 32% < 30%

Signals: 🔥 Alts Watchlist 💷 Forex 🐦 Twitter
Discounts: ByBit | Binance | FTX | KuCoin | PrimeXBT| BitGet | Delta | Gate | Huobi | MEXC

@WiseAnalyze #BTC #Bitcoin

One of alts to watch for is OKB. Survived market dump, but still possible to see it pull back to $13.6. Next resistance level will be at 17.75

🔥 Trade OKB at FTX with 5% discount on fees

@WiseAnalyze #OKB

DXY broke out towards 107.3 - if it will ever stop it is here. At least should re-test ~106.8 first

@WiseAnalyze #DXY

XP, Brazil's Largest Investment Broker Will Start To Offer Bitcoin Trading

Certain customers will be able to start trading bitcoin with XP Inc., the biggest investment firm in Brazil based on market value.

XP plans to list Bitcoin and one other cryptocurrency on its cryptocurrency trading platform, Xtage.
According to Lucas Rabechini, the company's director of financial goods, the broker intends to increase the range of products it offers.

BitGo, an institutional cryptocurrency company will become XP's custodial partner.

@WiseAnalyze #dailynews

📉 Ethereum chart review 📈

Stocks started correction in expectation for FOMC rates raise announcement. Ethereum shows nice volume at 0.618 Fib, but yet haven't given clear signal for a bounce.

If no bounce from here next will be dip towards 1313 / 1270 zones. The last one is really strong breakout level so has high chances to bounce the price.

🔥 Trade with maximum discount on fees: Binance | KuCoin | FTX | ByBit | PrimeXBT| BitGet | Delta | Gate | Huobi | MEXC

@WiseAnalyze #ETH

Sequence of moves was different, but result the same. So far reached 21442 which at this stage is the minimum TP (55EMA at 1H). Move stop to BE. Next is Q2 VWAP VAL (might get there, might not).

Remember today FOMC announce rates increase bps, so better not open anything new. At least until we see the reaction.

@WiseAnalyze #BTC