😍😍😍Hi Hi! Locally over the air, the situation has finally begun to be more or less similar to what we expect, namely a good setup for a long position

Now the price is compressed into a downward formation, which, according to statistics, usually works upward. Now we are watching a test of support, which has previously shown a good reaction. The key factor for opening a position will be the presence of a reaction from this zone 👍

If the presence of a buyer is confirmed, then after the breakdown of the downward one, it will be possible to aim at at least 0.5 Fibonacci level.

Never open a position without confirmation! Wait until you see sharp full-bodied candles in the buy zone, at least on lower timeframes 😉

Oh boy, predicting the price of Bitcoin is as exciting as watching paint dry! Mike Novogratz of Galaxy Digital delighted us with his insightful analysis suggesting that Bitcoin will remain trapped in the $55-75K range over the next month. And why not? Cryptocurrency markets are currently in a delightful "consolidation phase" where prices just love to stabilize and leave everyone's portfolios going numb.

👍 = cool
😭 = subscribed and immediately unsubscribed

LONG #SEIUSDT from $0.5184 stop loss $0.514

30m TF. The SEI asset has two formed resistance levels in several touches, which have accumulated stop losses of participants. At the same time, increased trading volumes enter the instrument and the price minimums are compressed, which indicates the activity of buyers. Before entering a trade, I wait for continuation of trading near the levels and buying activity in the order book before the breakout.

Free trading course here.

Open chart | #Level Breakdown

Fetch.ai (FET) is up 11.5% in 9 hours.
Current value: 2.212800 USD
Https://t.me/cryptellk

In the exciting world of Bitcoin, prices have taken a bearish turn in recent weeks, causing bulls to feel the heat. But fear not, there is a glimmer of hope for bullish traders: the cup and handle formation! This technical pattern, identified by trader MikybullCrypto on the weekly chart, suggests an imminent surge to new all-time highs.


💥 = useful
☠️ = already happened somewhere

As a researcher studying current trends in the cryptocurrency market, I have noticed that the price movement continues to follow a downward channel. Notably, there are clear resistance levels around $66,000 and $72,000. A significant price break above these levels, as evidenced by the formation of daily candlesticks, could potentially lead to renewed demand. This, in turn, can take the coin to new heights.^⁠_⁠^

AI tokens are experiencing significant growth in the cryptocurrency market, with Fetch.AI (FET) leading the way with a 14.5% gain over the last day. Analysts expect a bullish breakout for FET soon, but the path forward could be uncertain and fraught with challenges. Despite the promising upside, the future $2.35 price range remains the first resistance level to reclaim, and a break above this level could only be the beginning of a potential trend reversal. However, consolidation within a one-day ascending bullish triangle and possible deviation below the trend line towards the 1D 100EMA could hinder progress. The ultimate goal of reaching $4 per FET remains elusive as the cryptocurrency market remains unpredictable and volatile.

The US cryptocurrency industry is fighting a bitter battle against the Biden administration, with tensions reaching a boiling point over the government's demands for strict regulations and a crackdown on digital assets. Cardano founder Charles Hoskinson accuses the administration of trying to harm the crypto industry, citing numerous communication attempts that went unheeded. He believes Senator Elizabeth Warren is pushing this anti-crypto agenda by extending her influence to the Treasury Department and leading the administration to be hostile to crypto, calling millions of Americans “soft criminals.” Hoskinson predicts that the crypto industry will become a major player in future US elections, potentially shaping the political landscape and leading to a more inclusive regulatory environment.

In the exciting world of cryptocurrency trading, over $330 million has been liquidated in the last 24 hours, of which a staggering 81.42% is owned by short traders.  The brutal wave of losses affected more than 78,000 traders, leaving them reeling from the consequences.  Contrary to popular belief, Ethereum took the lead in this rollercoaster ride, accounting for about 32% of the total liquidations.  Bitcoin followed with $96.53 million in liquidations, both of which were driven primarily by short traders.  The market rally, driven largely by Ethereum and supported by Bitcoin, has led to a significant shift in sentiment, raising expectations for the approval of Ethereum spot ETFs.  This optimistic forecast led to a sharp rise in the prices of Ethereum and Bitcoin, leading to an exciting day for crypto traders.
T.me/cryptellk #crypto #bitcoin #cryptocurrency #blockchain #ethereum #btc #forex #trading #money #cryptonews #cryptotrading #bitcoinmining #cryptocurrencies #investing #eth #investment #bitcoinnews #bitcoins #nft #business #invest #entrepreneur #binance #forextrader #bitcointrading #trader #investor #bitcoincash #litecoin #finance

In the wild world of cryptocurrency, where decentralization rules and memes are king, a playful debate has erupted within the Cardano community over their favorite “genesis keys.” Justin Bones, a mischievous panda bear (or something like that), wondered if Cardano was truly decentralized with those magic keys controlling all the rules. But fear not, dear reader!
#crypto #bitcoin #cryptocurrency #blockchain #ethereum #btc #forex #trading #money #cryptonews #cryptotrading #bitcoinmining #cryptocurrencies #investing #eth #investment #bitcoinnews #bitcoins #nft #business #invest #entrepreneur #binance #forextrader #bitcointrading #trader #investor #bitcoincash #litecoin #finance

👨‍💻whale 0x2af withdrew $2.55 million GRT (~$880 thousand) from Binance


In two weeks, it accumulated $23.87 million GRT (~$7.22 million) with an average entry price of $0.3.

Other large token purchases are also observed.

The price of Bitcoin soared to $71,000, causing euphoria in the market and raising the fear and greed index to a greedy 76. But what's next for BTC?  Heavyweights including ARK, BlackRock, Fidelity and Grayscale are back in the game, pouring billions into Bitcoin ETFs.  With $235 million raised in just one day, Bitcoin could be on its way to new heights.  But be careful!  Over the past 24 hours, $96.87 million worth of contracts were liquidated, with nearly $80 million in losses on short positions.  The liquidation heat map suggests the next target for Bitcoin: $76,900.  Is your portfolio ready for this rollercoaster ride?
t.me/cryptellk welcome home

Bitcoin price neared all-time highs, but a 4% pullback tested the $69K support zone. The bullish momentum continued to accumulate during price stagnation in April and May. On-chain analysis by Axel Adler found a lower high in the price gradient oscillator at 2.96, indicating a potential weakening in bullish sentiment. Willy Woo noted increased whale activity, which is unusual during a bull run, as well as the presence of Bitcoin being bought up when prices are not trending. Evidence suggests this bull run will continue, but investor caution is warranted.

In a shocking turn of events that no one saw coming, the US Securities and Exchange Commission (SEC) within days approved all applications submitted to it to create an Ethereum [ETH] spot exchange-traded fund (ETF). Yes, you read that right. A regulatory body known for its glacial speed suddenly became as fast as a cheetah on steroids. #crypto #bitcoin #cryptocurrency #blockchain #ethereum #btc #forex #trading #money #cryptonews #cryptotrading #bitcoinmining #cryptocurrencies #investing #eth #investment #bitcoinnews #bitcoins #nft #business #invest #entrepreneur #binance #forextrader #bitcointrading #trader #investor #bitcoincash #litecoin #finance

Bitwise Chief Investment Officer Matt Hougan expects U.S. spot Ethereum ETFs to attract $15 billion in net inflows over the first 18 months of trading. He arrived at this figure by comparing the market caps of Bitcoin and Ethereum and assuming investors would allocate funds proportionately to their respective exchange-traded products (ETPs). Given that U.S. investors have invested $56 billion in spot Bitcoin ETPs, Hougan estimates that Ethereum spot ETF assets would need to reach $35 billion to reach parity. However, he lowered his estimate to $15 billion after considering international market data and factoring in trade-related assets. T.me/cryptellk

💥 = went well
😤 = useless