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Market Update -
$106.5k (Prev Week High) is still an area of strong daily resistance for Bitcoin. Although we saw a 4hr close above this level yesterday, it was not able to close the daily candle above.
If we see BTC break and hold above this then we could start to see a move to form a range at $110k - $120k next. Any retest lower and the first place that I am looking for a reaction would be $103k - $102k.
$106.5k (Prev Week High) is still an area of strong daily resistance for Bitcoin. Although we saw a 4hr close above this level yesterday, it was not able to close the daily candle above.
If we see BTC break and hold above this then we could start to see a move to form a range at $110k - $120k next. Any retest lower and the first place that I am looking for a reaction would be $103k - $102k.
β€2π1
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Market Update -
Once again Bitcoin has seen $106.5k acting as daily resistance with another exact rejection from the Previous Week High. The market is in an undecided position here and I would advise to have extra caution in positions or remain patient. If the resistance is not broken soon then we could sweep under $100k again, potentially even mid $90k.
Donald Trump is speaking at the World Economic Forum today (approx 4pm UTC) which could cause volatility. Keep an eye for 4hr closes holding $99.5k (Monday Low.)
Once again Bitcoin has seen $106.5k acting as daily resistance with another exact rejection from the Previous Week High. The market is in an undecided position here and I would advise to have extra caution in positions or remain patient. If the resistance is not broken soon then we could sweep under $100k again, potentially even mid $90k.
Donald Trump is speaking at the World Economic Forum today (approx 4pm UTC) which could cause volatility. Keep an eye for 4hr closes holding $99.5k (Monday Low.)
β€3
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Market Update -
Bitcoin has yet to break out of the range it has been trading in for the past few days. Yesterday both the range support ($101.3k) and resistance ($106.5k) was tested and respected. Whilst we wait for one of these levels to break, altcoins are starting to gain strength.
Ethereum is trying to break out of a month long downtrend, so keep an eye on this as we could see the start of a bigger move across alts if this confirms.
Bitcoin has yet to break out of the range it has been trading in for the past few days. Yesterday both the range support ($101.3k) and resistance ($106.5k) was tested and respected. Whilst we wait for one of these levels to break, altcoins are starting to gain strength.
Ethereum is trying to break out of a month long downtrend, so keep an eye on this as we could see the start of a bigger move across alts if this confirms.
π3
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Market Update -
Bitcoin has broken from the symmetrical triangle pattern, but this has not happened with any real volume. The price has been chopping within a 1% range so far this weekend so there is no real confidence in the direction of the next move.
I am still looking at a break of $106.5k or $101.3k, and we could see one of these levels tested the closer we get to the Weekly Open.
Bitcoin has broken from the symmetrical triangle pattern, but this has not happened with any real volume. The price has been chopping within a 1% range so far this weekend so there is no real confidence in the direction of the next move.
I am still looking at a break of $106.5k or $101.3k, and we could see one of these levels tested the closer we get to the Weekly Open.
π2π―1
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Market Update -
As we mentioned yesterday in our premium group- any retest lower and we were looking for Bitcoin to give a reaction at $100k. This happened overnight, with a quick bounce from $100.2k and a reclaim of $102.4k (Weekly Open.) BTC is facing resistance once again at $103.1k (Monday High) where we also have the 4hr downtrend running from the All Time High.
FOMC later today, so we can expect volatility. Looking for $100k to be maintained on any retests, or a break of $103.1k for a potential move towards $106.5k.
As we mentioned yesterday in our premium group- any retest lower and we were looking for Bitcoin to give a reaction at $100k. This happened overnight, with a quick bounce from $100.2k and a reclaim of $102.4k (Weekly Open.) BTC is facing resistance once again at $103.1k (Monday High) where we also have the 4hr downtrend running from the All Time High.
FOMC later today, so we can expect volatility. Looking for $100k to be maintained on any retests, or a break of $103.1k for a potential move towards $106.5k.
π3
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Market Update -
After Bitcoin was unable to break above the $106.5k resistance, we have seen a sell-off and the $103.1k level (Monday High) was cut straight through. BTC also lost the key level of $102.4k (Weekly Open) which we can see has been acting as resistance over the recent 4hr candles.
I am looking for a reclaim of $103.1k, but cannot rule out a weekend sweep under $100k (Prev Week Low area.)
After Bitcoin was unable to break above the $106.5k resistance, we have seen a sell-off and the $103.1k level (Monday High) was cut straight through. BTC also lost the key level of $102.4k (Weekly Open) which we can see has been acting as resistance over the recent 4hr candles.
I am looking for a reclaim of $103.1k, but cannot rule out a weekend sweep under $100k (Prev Week Low area.)
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Market Update -
Over the past 24 hour we have seen a huge liquidation even across the crypto market, with Bitcoin retesting $91k. This is due to the uncertainty of the US trade tariffs which are due to start today, and is affecting all financial markets. For now it is best to see how the US stock market reacts, especially with it being a Monday. I want to see BTC hold the orange support trendline at the daily close.
For now BTC is still just in this sideways range between $90k - $110k, but we have seen altcoins hit very hard overnight due to Bitcoin Dominance hitting 4 year highs. Let's see what today brings.
Over the past 24 hour we have seen a huge liquidation even across the crypto market, with Bitcoin retesting $91k. This is due to the uncertainty of the US trade tariffs which are due to start today, and is affecting all financial markets. For now it is best to see how the US stock market reacts, especially with it being a Monday. I want to see BTC hold the orange support trendline at the daily close.
For now BTC is still just in this sideways range between $90k - $110k, but we have seen altcoins hit very hard overnight due to Bitcoin Dominance hitting 4 year highs. Let's see what today brings.
Market Update -
On Monday I mentioned in my Premium Group that $96.1k was an area Bitcoin would likely see a retest and reaction from. This was tested last night and has given a 3% move so far. At each 4hr candle close BTC has respected the $97.7k level (Weekly Open) and this is something we want to see continue for a potential move back to $102k.
Right now BTC is trading mid-range on both lower and high time frames. The safest option is to wait for a clean break of support or resistance to get a better idea of the next move.
On Monday I mentioned in my Premium Group that $96.1k was an area Bitcoin would likely see a retest and reaction from. This was tested last night and has given a 3% move so far. At each 4hr candle close BTC has respected the $97.7k level (Weekly Open) and this is something we want to see continue for a potential move back to $102k.
Right now BTC is trading mid-range on both lower and high time frames. The safest option is to wait for a clean break of support or resistance to get a better idea of the next move.
π2
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β‘2β€1
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Market Update -
Yesterday Bitcoin retested $94k which was a level that we were looking at last week. This came after the increase in US CPI, but we eventually saw a strong reaction from this area. We then saw $95.2k (Monday Low) give a strong reaction and a push to $98k (Monday High area.) $98k is strong 4hr resistance for now.
We have US PPI data out today, which is usually less significant than CPI but let's see how it affects the markets. Flip $98k and we can expect $100k+. Alternatively, if BTC breaks the 4hr trendline support and Monday Low, we can expect $93.5k.
Yesterday Bitcoin retested $94k which was a level that we were looking at last week. This came after the increase in US CPI, but we eventually saw a strong reaction from this area. We then saw $95.2k (Monday Low) give a strong reaction and a push to $98k (Monday High area.) $98k is strong 4hr resistance for now.
We have US PPI data out today, which is usually less significant than CPI but let's see how it affects the markets. Flip $98k and we can expect $100k+. Alternatively, if BTC breaks the 4hr trendline support and Monday Low, we can expect $93.5k.
#CTSI/USDT
Signal Type : (Long) π
Leverage : Isolated (15X)
Entry Range : 1) 0.1149
Take-Profit Targetsπ―
1) 0.1164β
2) 0.1175β
3) 0.1190
4) 0.1209
Stop Loss β0.1098
Use 5% funds only
Signal Type : (Long) π
Leverage : Isolated (15X)
Entry Range : 1) 0.1149
Take-Profit Targetsπ―
1) 0.1164β
2) 0.1175β
3) 0.1190
4) 0.1209
Stop Loss β0.1098
Use 5% funds only
BITCOIN CRYPTO SIGNALS
#CTSI/USDT Signal Type : (Long) π Leverage : Isolated (15X) Entry Range : 1) 0.1149 Take-Profit Targetsπ― 1) 0.1164β
2) 0.1175β
3) 0.1190 4) 0.1209 Stop Loss β0.1098 Use 5% funds only
Enjoy free signal profit contact @crypto_sclpr for daily profit signals.
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Market Update -
I have been mentioning in recent updates that there was a good chance that Bitcoin would retest the $93.5k level (Yearly Open.) Finaly there was a sweep of this price yesterday evening and a strong reaction. $95.1k (Monday Low) has been reclaimed and the 2 recent 4hr candles have back tested this to confirm 4hr support here. It is important to realise that we are still in the 4hr downtrend since the monthly open, and we can see that this trendline is BTC resistance currently. Watch for a clean break of this for potential continuation to $98k+. If the resistance continues here then I will be watching or lower levels again.
The analysis given on coins over the past few days in the Premium Group has been playing out perfectly even though the conditions have been tough. Let's see what else we get from here.
I have been mentioning in recent updates that there was a good chance that Bitcoin would retest the $93.5k level (Yearly Open.) Finaly there was a sweep of this price yesterday evening and a strong reaction. $95.1k (Monday Low) has been reclaimed and the 2 recent 4hr candles have back tested this to confirm 4hr support here. It is important to realise that we are still in the 4hr downtrend since the monthly open, and we can see that this trendline is BTC resistance currently. Watch for a clean break of this for potential continuation to $98k+. If the resistance continues here then I will be watching or lower levels again.
The analysis given on coins over the past few days in the Premium Group has been playing out perfectly even though the conditions have been tough. Let's see what else we get from here.
π1π―1
#SOL/USDT
Signal Type : (Long) π
Leverage : Isolated (15X)
Entry Range : 1)141.54
Take-Profit Targetsπ―
1) 142.96
2) 144.70
3) 146.64
4) 149.00
Stop Loss β 133.81
Use 5% funds only
Signal Type : (Long) π
Leverage : Isolated (15X)
Entry Range : 1)141.54
Take-Profit Targetsπ―
1) 142.96
2) 144.70
3) 146.64
4) 149.00
Stop Loss β 133.81
Use 5% funds only
Forwarded from Bitcoin Premium Signals
Market Update -
In yesterday's market update we mentioned the importance of a $87k reclaim for continued bullish momentum, but that there were early signs of this becoming resistance. This was the case, with a rejection from $87k, before visiting under $80k this morning. This was something I mentioned was becoming more likely because of the growing liquidity in this area.
This looks more like a definite range break, not just deviation, now that we have a bearish retest. All the time we are trading in the lower $80k's there is a chance of a capitulation wick anywhere down as low as $69.2k (2021 ATH)
In yesterday's market update we mentioned the importance of a $87k reclaim for continued bullish momentum, but that there were early signs of this becoming resistance. This was the case, with a rejection from $87k, before visiting under $80k this morning. This was something I mentioned was becoming more likely because of the growing liquidity in this area.
This looks more like a definite range break, not just deviation, now that we have a bearish retest. All the time we are trading in the lower $80k's there is a chance of a capitulation wick anywhere down as low as $69.2k (2021 ATH)
π2
Forwarded from Bitcoin Premium Signals
Market Update -
After deviation below $82.4k (Monday Low,) Bitcoin has reclaimed this level overnight during the Asia session. Key to remember that we have FOMC tonight, and whilst it is almost guaranteed to be a rate freeze, the dot plot and Jerome Powell speech are likely to bring the most volatility. Be careful not to get trapped here- we are trading in the middle of the Monday range.
The place to long, for those who were awake, was the retest of $82.4k after the reclaim. For now I will watch for another sweep of this level or the reaction of a test at $84.2k - $84.7k. Let's be patient for now- great opportunities are coming!
After deviation below $82.4k (Monday Low,) Bitcoin has reclaimed this level overnight during the Asia session. Key to remember that we have FOMC tonight, and whilst it is almost guaranteed to be a rate freeze, the dot plot and Jerome Powell speech are likely to bring the most volatility. Be careful not to get trapped here- we are trading in the middle of the Monday range.
The place to long, for those who were awake, was the retest of $82.4k after the reclaim. For now I will watch for another sweep of this level or the reaction of a test at $84.2k - $84.7k. Let's be patient for now- great opportunities are coming!
π₯2
You can make a lot of money in cryptocurrency.
but you can also lose it all in one trade.
you don't want to experience this on your own skin, so learn how to preserve your capital.
#EDUCATIONAL
but you can also lose it all in one trade.
you don't want to experience this on your own skin, so learn how to preserve your capital.
#EDUCATIONAL