#π§πππ§π/π¨π¦ππ§ π πππ¬ π§ππ π ππ₯ππ π ππ‘πππ¬π¦ππ¦
β’ Support is at $1.06 and a resistance at $1.485, currently theta is retesting its resistance, a formation of a green candle at $1.485 will indicate bullishness thus we will long our position.
Target - $1.664
β’ The resistance is also acting as a support area for it if it breaks this area downwards we will then short our position.
Target - $1.332
β’ Support is at $1.06 and a resistance at $1.485, currently theta is retesting its resistance, a formation of a green candle at $1.485 will indicate bullishness thus we will long our position.
Target - $1.664
β’ The resistance is also acting as a support area for it if it breaks this area downwards we will then short our position.
Target - $1.332
Losses from crypto hacks from Jan to Jul rose 60% YoY to $1.9 bn: Report
https://www.reuters.com/markets/us/losses-crypto-hacks-surged-60-19-bln-jan-july-chainalysis-2022-08-16/?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
https://www.reuters.com/markets/us/losses-crypto-hacks-surged-60-19-bln-jan-july-chainalysis-2022-08-16/?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Reuters
Losses from crypto hacks surged 60% to $1.9 billion from January to July, Chainalysis says
Losses arising from cryptocurrency hacks jumped nearly 60% in the first seven months of the year to $1.9 billion, propelled by a surge in funds stolen from decentralized finance (DeFi) protocols, according to a blog post from blockchain analysis firm Chainalysisβ¦
#ππ¬ππ«/π¨π¦ππ§ π πππ¬ π§ππ π ππ₯ππ π ππ‘πππ¬π¦ππ¦
β’ Formation of a up side channel can be seen currently its ina falling state thus we will short our position.
Target - $1.594
Stoploss - $2.309
β’ Formation of a up side channel can be seen currently its ina falling state thus we will short our position.
Target - $1.594
Stoploss - $2.309
#ππ§π/π¨π¦ππ§ π πππ¬ π§ππ π ππ₯ππ π ππ‘πππ¬π¦ππ¦
β’ BTC has currently broken the trend line and its resistance is at $24600, if it breaks the price at $22700 then we will short our position.
Target - $21150
β’ For long position we will wait for it to break the resistance.
β’ BTC has currently broken the trend line and its resistance is at $24600, if it breaks the price at $22700 then we will short our position.
Target - $21150
β’ For long position we will wait for it to break the resistance.
#πππ/π¨π¦ππ§ π πππ¬ π§ππ π ππ₯ππ π ππ‘πππ¬π¦ππ¦
β’ From the previous trade you would gained around 10% , from the previous analysis it has a support level at $0.81, formation of a green candle at the support will indicate bullishness thus we will long our position.
Target - $0.0964
β’ If it breaks the support we will short our position.
Target - 2:1
β’ From the previous trade you would gained around 10% , from the previous analysis it has a support level at $0.81, formation of a green candle at the support will indicate bullishness thus we will long our position.
Target - $0.0964
β’ If it breaks the support we will short our position.
Target - 2:1
Crypto bids
#ππ¬ππ«/π¨π¦ππ§ π πππ¬ π§ππ π ππ₯ππ π ππ‘πππ¬π¦ππ¦ β’ Formation of a up side channel can be seen currently its ina falling state thus we will short our position. Target - $1.594 Stoploss - $2.309
#ππ¬ππ«/π¨π¦ππ§ π πππ¬ π§ππ π ππ₯ππ π ππ‘πππ¬π¦ππ¦
β’ From the previous trade you would have gained good profit it had dropped 20% from our target, we will now wait for it to come back to it' support level i.e. $1, formation of a green candle at the support will indicate bullishness thus we will long our position.
Target - $1.65
β’ We will avoid short position because it can bounce back any time due to formation of multiple support levels.
β’ From the previous trade you would have gained good profit it had dropped 20% from our target, we will now wait for it to come back to it' support level i.e. $1, formation of a green candle at the support will indicate bullishness thus we will long our position.
Target - $1.65
β’ We will avoid short position because it can bounce back any time due to formation of multiple support levels.
Bitcoin Drops to Three Week Low as Global Markets Turn Risk Off
https://www.bloomberg.com/news/articles/2022-08-19/bitcoin-drops-as-much-as-8-3-part-of-broad-crypto-selloff?utm_content=crypto&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&cmpid=socialflow-twitter-business
https://www.bloomberg.com/news/articles/2022-08-19/bitcoin-drops-as-much-as-8-3-part-of-broad-crypto-selloff?utm_content=crypto&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&cmpid=socialflow-twitter-business
Bloomberg.com
Bitcoin Drops to Three-Week Low as Global Markets Turn Risk Off
Cryptocurrencies suffered a sharp selloff as global markets retreated on the back of growing uncertainty about the direction of monetary policy.
#ππ§π/π¨π¦ππ§ π° ππ’π¨π₯ π§ππ π ππ₯ππ π ππ‘πππ¬π¦ππ¦
β’ Formation of three Higher low pattern can be seen.
HL 1 - $1363
HL 2 - $1564
HL 3 - $1673
Possibility is that Eth may have a change in trend if it breaks the Higher Low 3 then we will short our position Target - $1564
Stoploss slightly above the resistance.
If it breaks the Higher Low 2 we will short our position to HL 1 ($1363).
Possibility it can retest HL 3 and come till HL 2 thus we will short our position.
Target - $1564
β’ Formation of a green bullish candle at $1764 then we will our position.
Target - $1824
β’ Formation of three Higher low pattern can be seen.
HL 1 - $1363
HL 2 - $1564
HL 3 - $1673
Possibility is that Eth may have a change in trend if it breaks the Higher Low 3 then we will short our position Target - $1564
Stoploss slightly above the resistance.
If it breaks the Higher Low 2 we will short our position to HL 1 ($1363).
Possibility it can retest HL 3 and come till HL 2 thus we will short our position.
Target - $1564
β’ Formation of a green bullish candle at $1764 then we will our position.
Target - $1824
#π ππ‘π/π¨π¦ππ§ π πππ¬ π§ππ π ππ₯ππ π ππ‘πππ¬π¦ππ¦
β’ Support is at $1.03 and a resistance at $0.7676 if mana in 1 hour or 15 minutes breaks the price at $0.839 downwards then we will short our position.
Target - $1.03
Stoploss - $0.846
β’ Support is at $1.03 and a resistance at $0.7676 if mana in 1 hour or 15 minutes breaks the price at $0.839 downwards then we will short our position.
Target - $1.03
Stoploss - $0.846