EVERYDAY DIGEST
(May 2, 2023)

▪️ Coinbase launches international perps exchange — starting with 5x leverage.
▪️ 3AC founders’ OPNX exchange formally reprimanded by Dubai crypto regulator.
▪️ Gemini launched its non-U.S crypto derivatives exchange.
▪️ Crypto exchange Poloniex agrees to $7.6M fee to settle sanctions violation charges.
▪️ ConsenSys Layer 2 network Linea adds loyalty NFT campaign to drive adoption.
▪️ Curve Finance's crvUSD stablecoin deployed on Sepolia testnet ahead of Ethereum mainnet launch.
▪️ Sports Illustrated embraces Ethereum for NFT event tickets.
▪️ Phantom Solana Wallet adds Ethereum and Polygon support.
▪️ Lawyers, consultancy firms charge bankrupt FTX over $145M in 5 months.
▪️ TUSD depegs amidst heavy borrowing.

@cryptosignals

How Many of u Missing @cryptosignals Aggressive Regular Updates.

👍 up if u are missing excitement and want us back at full Energy?

@cryptosignals

https://in.tradingview.com/x/nAw5BNMa

#BTC just filling the LTF inefficiency as Whole PA with Volume occurring below Daily Lower High which means smart money loading Shorts while Retails longing for 35k.

Bears Invalidation break above 30034

@cryptosignals

okay guys lets analyse Market

https://www.tradingview.com/x/dUp05Y4T/

#BTC LTF

I told u guys Yesterday that The PA below Daily lower High is bearish particularly when PA fails to break above Intraday Supply Levels.

Well FOMC today so Expect volatility both ways. It can easily Fake out towards 30k or dump hard Below 26.8k. my suggestion if u have open positions then make sure to put tight stops. staying sideways is preferable.

Interest hike Expected by 25 BPS

@cryptosignals

https://www.tradingview.com/x/Ou5ofFLQ/

#BTC Weekly

when i compared BTC weekly Price action with volume. i recalled one concept and that is

(Rallies on Decreasing Volume should be treated cautiously as there is a greater Chance of reversal)

keep an eye

@cryptosignals

EVERYDAY DIGEST
(May 3, 2023)

▪️ Bhutan plans a $500 million fund for crypto mining in the Himalayas.
▪️ Mysten Labs' Sui activates mainnet, entering competitive Layer 1 space.
▪️ Balaji loses $1 million bitcoin bet as U.S. dollar fails to collapse.
▪️ Bitcoin-based token activity overtakes regular transactions on the network.
▪️ Binance USD stablecoin activity slides to two-year low.
▪️ Amazon NFT marketplace to launch this month.
▪️ Lisbon, Berlin, Paris among emerging crypto hubs in Europe.
▪️ Marathon mined $20M Bitcoin in April and increased hash rates, BTC holdings.
▪️ White House pushes for punitive tax on crypto mining.
▪️ Celsius Network seeks to fold U.K. affiliate into bankrupt U.S. operation.

@cryptosignals

https://www.tradingview.com/x/v1A3WWcw/

#BTC DAILY

its kinda Making H&S pattern with neckline around 27.1k. worst can come if it breaks daily below the neckline. Break daily above 30034 is the invalidation of the Worst

@cryptosignals

I am neither Bearish or Neither Bullish. I just Trade level by Level. Right now BTC is looking exhausted and printing Lower highs.

As long as it’s maintaining Lower Highs i am favouring correction to 25k - 24k - 22.4k.

Once in invalidates the Bearish PA on Daily i ll be bullish.

Market is Supreme u have to act accordingly

@cryptosignals

FOMC in 12 min, Expectation - 25bps hike

@cryptosignals

FED HIKES BY 25 BPS

@cryptosignals

This FED INCREASE BRINGS RATES TO 16-YEAR HIGH ...

@cryptosignals

FED'S POWELL SAYS THAT IT WOULD NOT BE APPROPRIATE TO CUT RATES THIS YEAR GIVEN CENTRAL BANK'S VIEW THAT IT WILL TAKE SOME TIME FOR INFLATION TO COME DOWN

@cryptosignals

https://www.tradingview.com/x/LIai7ywt/

#BTC

BTC Bounced after FOMC but still below Lower Highs, so thats why we should remain Cautious however BTC printed a Higher Lows around 27.8k which is good for Bullish Continuation as long as Price action is above 27.8k bullish Scenario can't be written off.

Two Scenarios are Brewing right now. what u think ?

🔥 Pump to 32K - 35K
👀 Dump to 25K - 22.4K

@cryptosignals

https://www.tradingview.com/x/NAExqlah/

#BTC finding resistance at Monthly open

@cryptosignals

https://www.tradingview.com/x/QbwSlSWm/

#ETH is up against resistance

@cryptosignals

https://www.tradingview.com/x/bZIVcLYP/

#DXY

Still Holding The Range Low while BTC,ETH,GOLD at resistance while SPX,NASDAQ already Correcting.

u know what's coming when DXY bounce?

@cryptosignals

https://www.tradingview.com/x/LkblLme3/

#ATOM

Atom Making Lower Highs but somehow holding Above the Range low and MAs Crossover Indicating Indecision i,e Distribution. So Can't say that distribution will get into Decline but if Atom loses Range Low 10$ then potential Level of Support around 9 -8.5$

@cryptosignals

EVERYDAY DIGEST
(May 4, 2023)

▪️ PacWest is weighing strategic options, including possible sale.
▪️ President Bukele eliminates all taxes on tech innovations.
▪️ Deloitte enters the Polkadot ecosystem to issue reusable digital credentials.
▪️ Coinbase to stop issuing new loans via Coinbase Borrow on May 10.
▪️ Jury convicts former OpenSea product head after NFT insider trading trial.
▪️ Bloomberg, others ask court to release FTX customer details.
▪️ Robert Kennedy Jr. condemns Biden’s proposed 30% Bitcoin mining tax.
▪️ Curve to redeploy crvUSD stablecoin on Ethereum after 'mistake in deployment script'.
▪️ North Carolina joins Florida in passing anti-CBDC legislation.
▪️ Ethereum transaction fees at their highest since May 2022 amid memecoin mania.

@cryptosignals

https://www.tradingview.com/x/MQEoDipT/

#BTC Trying Hard to break above Lower Highs

@cryptosignals

https://www.tradingview.com/x/wKxAmf18/

#BTC Targeting resistance with series of Higher Lows in LTF so it means once it gets complemented with New Higher High then it will Breakout Hard.

@cryptosignals