Crypto Banter Signals
ETH: A break above $3,240 is needed to indicate that wave 4 is complete. The price has now reached the ideal target zone for this wave 4 correction. $3,012 and $2,887 are the next support levels. Ideally the bulls turn up in this region so that the price can form one more high in wave 5. Provided that support holds, the price should reach $3,511 - $3,692 next.
ETH: A break above $3,240 is needed to indicate that wave 4 is complete. The price has now reached the ideal target zone for this wave 4 correction. $3,012 and $2,887 are the next support levels. Ideally the bulls turn up in this region so that the price can form one more high in wave 5. Provided that support holds, the price should reach $3,511 - $3,692 next.
Crypto Banter Signals
ETH: I am not convinced yet that wave 4 has bottomed, even though there has been a reaction to the 38.2% retracement. However, the reaction was not impulsive and the price has not even been able to break above the previous swing highs. However, the price is in a region from where wave 5 should start.
ETH: I am not convinced yet that wave 4 has bottomed, even though there has been a reaction to the 38.2% retracement. However, the reaction was not impulsive and the price has not even been able to break above the previous swing highs. However, the price is in a region from where wave 5 should start.
Crypto Banter Signals
SUI: The support zone has not changed. Since the last update the price has only been consolidating sideways. The trend line is still holding but itΒ΄s starting to crack. Wave (4) support is located between $2.65 and $3.26. Wave (4) is due but thereΒ΄s no confirmation that it has started yet. Overall the structure has not changed.
SUI: The support zone has not changed. Since the last update the price has only been consolidating sideways. The trend line is still holding but itΒ΄s starting to crack. Wave (4) support is located between $2.65 and $3.26. Wave (4) is due but thereΒ΄s no confirmation that it has started yet. Overall the structure has not changed.
Crypto Banter Signals
Dear members
We have been holding BounceBit as a Bitcoin Ecosystem play.
There is a fantastic opportunity for Bouncebit holders
Bouncebit has announced the launch of the Bouncebit farming.
You can stake BB and receive memecoin - memeory. We are not sure whether the memecoin will pump hard. However, its absolutely free and could be used to accumulate even more BB.
Go to https://club.bouncebit.io/farm
Stake BB
Thatβs it!
The event ends on 23rd November. So, make sure to stake ASAP.
Dear members
We have been holding BounceBit as a Bitcoin Ecosystem play.
There is a fantastic opportunity for Bouncebit holders
Bouncebit has announced the launch of the Bouncebit farming.
You can stake BB and receive memecoin - memeory. We are not sure whether the memecoin will pump hard. However, its absolutely free and could be used to accumulate even more BB.
Go to https://club.bouncebit.io/farm
Stake BB
Thatβs it!
The event ends on 23rd November. So, make sure to stake ASAP.
BounceBit
BounceClub - BTCFi, DeFi, AI, GameFi - All in One
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Crypto Banter Signals
New to crypto? This is how you could start
Dear members
Are you new to crypto?
Here is how you can get started.
What do you need to start?
- Some capital (We recommend starting slow, investing only what you can afford to lose)
- A balanced portfolio
The majority gets it wrong. Many of the new crypto investors are only exposed to high caps with minimal return, and some are exposed too low caps/memes with maximum risk. You need to build a balanced portfolio to make the best out of this market.
Once you understand the techniques of managing a portfolio, you need to check how you can adjust it according to the needs of the market.
Airdrops for free money
Nothing sounds good like free money. In 2024 alone, we received over $10k worth of airdrops. This will be critical to grow your portfolio.
DCA In and Out.
Buy in parts and sell in parts. This is well covered in the disciplined profit booking. Surprise! We are launching a profit-taking calculator. So, rest your emotions, let the math do the math for you.
Understand crypto risks
Crypto offers you great freedom and flexibility. But with it comes many risks.
New to crypto? This is how you could start
Dear members
Are you new to crypto?
Here is how you can get started.
What do you need to start?
- Some capital (We recommend starting slow, investing only what you can afford to lose)
- A balanced portfolio
The majority gets it wrong. Many of the new crypto investors are only exposed to high caps with minimal return, and some are exposed too low caps/memes with maximum risk. You need to build a balanced portfolio to make the best out of this market.
Once you understand the techniques of managing a portfolio, you need to check how you can adjust it according to the needs of the market.
Airdrops for free money
Nothing sounds good like free money. In 2024 alone, we received over $10k worth of airdrops. This will be critical to grow your portfolio.
DCA In and Out.
Buy in parts and sell in parts. This is well covered in the disciplined profit booking. Surprise! We are launching a profit-taking calculator. So, rest your emotions, let the math do the math for you.
Understand crypto risks
Crypto offers you great freedom and flexibility. But with it comes many risks.
Crypto Banter Signals
β‘β‘β‘Bitcoinβs upside: $110k projectionβ‘β‘β‘
1- Open Interest (the amount of leverage in the system) remains really high.
2- The Funding Rate is higher than normal, but it's not currently majorly overheated. We have also seen that it has got too high over the last week (twice), and it's pulled off again without the market pulling back and flushing the leverage out.
3- With Open Interest as high as it is, it's likely we will see a flush out at some point, but that may take time.
β‘β‘β‘Bitcoinβs upside: $110k projectionβ‘β‘β‘
1- Open Interest (the amount of leverage in the system) remains really high.
2- The Funding Rate is higher than normal, but it's not currently majorly overheated. We have also seen that it has got too high over the last week (twice), and it's pulled off again without the market pulling back and flushing the leverage out.
3- With Open Interest as high as it is, it's likely we will see a flush out at some point, but that may take time.
Crypto Banter Signals
Technical analysis
1- Bitcoin broke out from its bullish pennant and broke to the upside, just stopping shy of the psychological $100k mark.
2- The small consolidation of price action in the low $90k's can likely help as support if BTC were to see a pullback.
3- Below $91k, the next horizontal support would be at $87,000.
4- On the upside, the resistance is now at the psychological level of $100k.
5- The RSI has printed a bearish divergence (higher high in price, lower high on the oscillator). A breakdown target for this might be between $91,000.
Technical analysis
1- Bitcoin broke out from its bullish pennant and broke to the upside, just stopping shy of the psychological $100k mark.
2- The small consolidation of price action in the low $90k's can likely help as support if BTC were to see a pullback.
3- Below $91k, the next horizontal support would be at $87,000.
4- On the upside, the resistance is now at the psychological level of $100k.
5- The RSI has printed a bearish divergence (higher high in price, lower high on the oscillator). A breakdown target for this might be between $91,000.
Crypto Banter Signals
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Notes:: Similarly to our last update, BTC is grinding on higher as we're in this euphoria part of the cycle. However, it is very overbought here, and it has printed bearish divergences. This usually results in a bearish outcome. But because we're in the euphoria period, it's possible that the price will also continue grinding higher.
We're of the opinion that a pullback might be on the cards quite soon, but we'd be buyers of any meaningful pullback (7-15%). We expect prices to keep grinding higher, but we'll see a number of pullbacks along the way. We believe the odds of a pullback have increased here, and we wouldn't be surprised if we got one in the next few days to a week.
β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦
β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦β¦
Notes:: Similarly to our last update, BTC is grinding on higher as we're in this euphoria part of the cycle. However, it is very overbought here, and it has printed bearish divergences. This usually results in a bearish outcome. But because we're in the euphoria period, it's possible that the price will also continue grinding higher.
We're of the opinion that a pullback might be on the cards quite soon, but we'd be buyers of any meaningful pullback (7-15%). We expect prices to keep grinding higher, but we'll see a number of pullbacks along the way. We believe the odds of a pullback have increased here, and we wouldn't be surprised if we got one in the next few days to a week.
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