CryptoBullet
$ALGO 4h symmetrical triangle ๐ Iโm expecting a +15% breakout ๐ Trade with me on BingX โก๏ธ https://bingx.com/partner/CryptoBullets Up to $5000 in Rewards and No KYC! ๐
There we go! $ALGO broke out as expected ๐
+15% profit gained with 3x leverage so far
+15% profit gained with 3x leverage so far
CryptoBullet
โก๏ธ U.S. Department of Justice officials are considering fraud charges against Binance, marking what is anticipated to become one of the most significant cases in the history of cryptocurrency. Iโve been consistently warning you guys about Binance all thisโฆ
โก๏ธ US Government seeks over $4 billion from Binance to end criminal case
CryptoBullet
$INJ 1W update Well, $INJ decided to create an even bigger Bearish Divergence ๐ป Still facing my Sell/Take Profit Zone, so donโt get overexcited. And now it starts to look very similar to $MATIC 2021-2022 Distribution ๐ง
$INJ 1W update
I admit that I didnโt expect it to go above $13.
$13 -> $19 was overkill imo. Anyway, letโs take a look at $INJ one more time.
We closed the weekly and what did we get? A LOWER high on the RSI. Classic Bearish Divergence confirmed. (1)
Itโs the first time in the history of this asset we have a confirmed bear div on the weekly timeframe. ๐คซ
(2) Yeah, it was a good pump but whereโs the volume?
We have a volume divergence as well.
(3) EW perspective: $INJ is in the final 5th wave. Now we should be looking for a healthy ABC correction. I think the correction should take us below $7.
This is my view. I'm not telling you to go short or convincing you to sell.
Even if I think $INJ is done, it still can irrationally go higher (not much higher though).
Iโm just sharing my opinion and trying to find a good entry for the long term. I donโt care if I buy higher than I could 6 months ago, because for me itโs not about where to buy, itโs about WHY to buy. ๐ก
I admit that I didnโt expect it to go above $13.
$13 -> $19 was overkill imo. Anyway, letโs take a look at $INJ one more time.
We closed the weekly and what did we get? A LOWER high on the RSI. Classic Bearish Divergence confirmed. (1)
Itโs the first time in the history of this asset we have a confirmed bear div on the weekly timeframe. ๐คซ
(2) Yeah, it was a good pump but whereโs the volume?
We have a volume divergence as well.
(3) EW perspective: $INJ is in the final 5th wave. Now we should be looking for a healthy ABC correction. I think the correction should take us below $7.
This is my view. I'm not telling you to go short or convincing you to sell.
Even if I think $INJ is done, it still can irrationally go higher (not much higher though).
Iโm just sharing my opinion and trying to find a good entry for the long term. I donโt care if I buy higher than I could 6 months ago, because for me itโs not about where to buy, itโs about WHY to buy. ๐ก
CryptoBullet
โก๏ธ US Government seeks over $4 billion from Binance to end criminal case
โก๏ธBREAKING: US Settles With World's Largest Crypto Exchange: Binance 'CZ' To Step-Down, Pay $4.3 Billion Fine
The End of an Era.
Iโve been warning you about Binance all year! It was all clear to me. From BUSD shutdown to CFTC lawsuit, laying off top Binance executives and cutting staff.
Looking for where to trade safely without FUD? Welcome to Bybit & BingX! ๐
โข Bybit (Up to $30,000 Welcome Bonus!) KYC required
Register here โก๏ธ https://partner.bybit.com/b/cryptobullet
โข BingX (Up to $5,000 in Rewards!) no KYC required
Register here โก๏ธ https://bingx.com/partner/CryptoBullets
๐ฅ Bybit & BingX are literally the two best platforms for trading right now.
Leave Binance before itโs too late
The End of an Era.
Iโve been warning you about Binance all year! It was all clear to me. From BUSD shutdown to CFTC lawsuit, laying off top Binance executives and cutting staff.
Looking for where to trade safely without FUD? Welcome to Bybit & BingX! ๐
โข Bybit (Up to $30,000 Welcome Bonus!) KYC required
Register here โก๏ธ https://partner.bybit.com/b/cryptobullet
โข BingX (Up to $5,000 in Rewards!) no KYC required
Register here โก๏ธ https://bingx.com/partner/CryptoBullets
๐ฅ Bybit & BingX are literally the two best platforms for trading right now.
Leave Binance before itโs too late
CryptoBullet
$BNB vs $FTT "Show me the chart and Iโll tell you the news." - Bernard Baruch
Remember this?
IMO even more BNB/Binance FUD to come
I'm not saying that $BNB will go straight down in one candle like $FTT, but I still don't like this picture
IMO even more BNB/Binance FUD to come
I'm not saying that $BNB will go straight down in one candle like $FTT, but I still don't like this picture
CryptoBullet
$BNB/BTC Macro Iโd be cautious with $BNB here Thereโs a decent Bearish Divergence on the monthly ๐ฌ Lose the 9EMA and itโs lights out
Some of you may not know, but I've been bearish on the $BNB/BTC pair since January!
๐ $BNB/BTC -56% since then
๐ $BNB/BTC -56% since then
CryptoBullet
I recommend you to pay attention to $UNI here as itโs trying to break out ๐ I like this accumulation, higher low structure, downtrend line break & retest $UNI looks very promising to me ๐
Letโs switch from log to linear
Just look at this chart. $UNI really looks ready to take off ๐ ๐
Just look at this chart. $UNI really looks ready to take off ๐ ๐
CryptoBullet
$DXY update Right on target! ๐ฏ ๐๐ My next target is 95. It may take a while to get there, but it will be very bullish for stocks & crypto
$DXY update
Well, checkpoint 1 (103) has been reached โ
Well, checkpoint 1 (103) has been reached โ
CryptoBullet
$INJ 1W update I admit that I didnโt expect it to go above $13. $13 -> $19 was overkill imo. Anyway, letโs take a look at $INJ one more time. We closed the weekly and what did we get? A LOWER high on the RSI. Classic Bearish Divergence confirmed. (1) Itโsโฆ
$ETH 2017 vs $INJ 2023 ๐ง
Same market structure!
This is what Iโm talking about. $ETH is a great example of how it usually works.
Sorry guys, I canโt be bullish on $INJ here
Same market structure!
This is what Iโm talking about. $ETH is a great example of how it usually works.
Sorry guys, I canโt be bullish on $INJ here
CryptoBullet
#C98 update Iโm still very bullish on it. Target remains Breakout -> Retest -> Continuation ๐
#C98 still looks pretty bullish to me
$DOT ๐
Breakout -> Retest -> Continuation ๐
T1 - $7
T2 - $8
T3 - $9.5
Trade with me here โก๏ธ https://bingx.com/partner/CryptoBullets
Up to $5000 in Rewards and No KYC! ๐
Breakout -> Retest -> Continuation ๐
T1 - $7
T2 - $8
T3 - $9.5
Trade with me here โก๏ธ https://bingx.com/partner/CryptoBullets
Up to $5000 in Rewards and No KYC! ๐
CryptoBullet
$KSM update Target reached! โ
๐ +52% profit gained with 2x leverage
$KSM update
Nice rally off my bottom target
Important horizontal regained โ
Bull Flag looks complete
๐ฏ Target of the flag is $36
Nice rally off my bottom target
Important horizontal regained โ
Bull Flag looks complete
๐ฏ Target of the flag is $36
CryptoBullet
$SUI TVL has been steadily rising since August ๐
$SUI TVL continues to grow ๐
+80% in less than a month
+80% in less than a month
CryptoBullet
Pay attention to $RVN here Looks explosive on the weekly ๐งจ ๐ฏ Target 1 - $0.02050 ๐ฏ Target 2 - $0.02750
$RVN update
Target 1 hit ๐ฏ โ
+35% profit gained
Target 1 hit ๐ฏ โ
+35% profit gained
CryptoBullet
#Bitcoin Cycle Analysis
#Bitcoin Cycle Analysis
TL;DR: Beware of a Shakeout thatโs coming!
I see the bulls are euphoric as #BTC spent one month trading above $32k.
But just when everyone gets super bullish, the market slaps them in the face ๐
I think soon we'll have a fairly significant pullback. Why? ๐
Letโs compare all 3 cycles:
โฌ๏ธ Black - post 2012 halving Cycle
๐ฆ Blue - post 2016 halving Cycle
๐ฅ Red - post 2020 halving Cycle
As you can see, #BTC tops out and bottoms around the same time in cycle.
After the Bear Market Bottom (Accumulation phase) we have a similar Relief Rally ๐
Then a long and boring Correction follows (Cooling off phase, re-accumulation)
Then we break out violently to the upside again (+82% in 2016, +63% in 2020. Now we're up +54% so far).
๐ Interestingly, this pump usually occurs 1250-1270 days after the #Halving. I call it the Pre-halving Rally.
Those who didnโt expect this pump start to feel serious FOMO, because now everyoneโs screaming that this is THE Bull Run, โTHE HALVING IS COMING BROโ
And just when everyone turns bullish, the market slaps hard! ๐
-40% in 2016 & crazy -63% in 2020. We are yet to find out how hard the market will slap the late bulls this time. I think it can be something between -35-45% ๐
I call it the Ultimate Shakeout before THE BULL RUN ๐
TL;DR: Beware of a Shakeout thatโs coming!
I see the bulls are euphoric as #BTC spent one month trading above $32k.
But just when everyone gets super bullish, the market slaps them in the face ๐
I think soon we'll have a fairly significant pullback. Why? ๐
Letโs compare all 3 cycles:
โฌ๏ธ Black - post 2012 halving Cycle
๐ฆ Blue - post 2016 halving Cycle
๐ฅ Red - post 2020 halving Cycle
As you can see, #BTC tops out and bottoms around the same time in cycle.
After the Bear Market Bottom (Accumulation phase) we have a similar Relief Rally ๐
Then a long and boring Correction follows (Cooling off phase, re-accumulation)
Then we break out violently to the upside again (+82% in 2016, +63% in 2020. Now we're up +54% so far).
๐ Interestingly, this pump usually occurs 1250-1270 days after the #Halving. I call it the Pre-halving Rally.
Those who didnโt expect this pump start to feel serious FOMO, because now everyoneโs screaming that this is THE Bull Run, โTHE HALVING IS COMING BROโ
And just when everyone turns bullish, the market slaps hard! ๐
-40% in 2016 & crazy -63% in 2020. We are yet to find out how hard the market will slap the late bulls this time. I think it can be something between -35-45% ๐
I call it the Ultimate Shakeout before THE BULL RUN ๐