In the last bull cycle, BTC should have reached $150000 but capital chased garbage. BTC will be the main driver for the next cycle.

@forex_signals

https://in.tradingview.com/x/5C1iF7Td

#XRP pumping fam, i guess u guys know when XRP,DOGE and SHIB pumps then what happens?

🔥Pump
🤩Dump

@forex_signals

Lol 🤩

@forex_signals Trading Guide

[Why support could become resistance]

There are two reasons for this…

Reason #1: Losing traders hoping to get out at breakeven

Support is an area where potential buying pressure could step in and push the price higher.

However, support doesn’t always hold.

When it breaks, those traders who are long will be sitting in the red. The smart traders will cut their losses and move on. But, stubborn traders will hold onto to their losses and hope the price will reverse back to their entry price — so they can get out at breakeven.

So if you think about it, this group of stubborn traders will create selling pressure at their entry price as they exit their positions, and if there’s enough of such traders, support will become resistance.

But that’s not all because…

Reason #2: Textbook setup

Traders familiar with classical technical analysis will look to sell at the previous area of support as that’s what most textbooks teach.

And if you get enough traders “following” the textbook setup, it puts selling pressure on the previous area of support which could now become resistance.

@forex_signals

https://in.tradingview.com/x/G3BbWWEh

#BTC at very crucial point, its a hold or die situation

@forex_signals

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

#CRYPTOCAP

Its a support now, its a must bounce or else 350$ billion is the level to watch out

@forex_signals

No matter how successful you are, you must always respect risk.

Or else, you’re just one trade from losing it all.

@forex_signals

EVERYDAY DIGEST (December 27, 2022)

Crypto:
🔹 1inch upgrades to offer gasless custom swaps and MEV protection.
🔹 Bitcoin miner Argo Blockchain suspends Nasdaq trading pending announcement.
🔹 Fidelity files for metaverse trademarks in latest crypto push.
🔹 Bitcoin volatility index hits historic all-time low.
🔹 Less than 0.5% Nigerians have used the country's CBDC e-Naira a year after its launch.

Forex & Stocks:
🔹 Tesla stock falls again on report Shanghai production cuts will extend into January.
🔹 S&P 500, Nasdaq knocked down by Tesla, megacap stocks.
🔹 Dollar recovers as investors digest China's loosening of COVID rules.
🔹 Oil hits 3-week high as China eases COVID curbs.
🔹 Thai economy may hit 2023 growth goal if Chinese tourists come.

@forex_signals

There are 5 possible outcomes for your trade:

1. Breakeven
2. Small win
3. Small loss
4. Big win
5. Big loss

Eliminate #5 and you’ve just taken a big step forward.

@forex_signals

#BTC breaking down in LTF, it needs to reclaim 16750 asap

@forex_signals

2021 🐂 market vs 2022 🐻 market

🤩

Notice of Removal of Trading Pairs - 2022-12-30
https://www.binance.com/en/support/announcement/50fc982ec6904923a1404826333c6c2b

@forex_signals

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

#BTC needs to do something to get out from this organic selling as it seems like BTC is heading towards bleed out phase from the recent crash and a capitulation cant be ruled out if BTC fails to hold 14K which means it can tag the lows around 9k - 11k.

so its a do or die here for BTC

@forex_signals

EVERYDAY DIGEST (December 29, 2022)

Crypto:
🔹 Government-backed group to set up NFT marketplace in China with secondary trading.
🔹 California regulator issues barrage of crypto scam warnings.
🔹 Celsius looks to extend deadline for customers to file claims.
🔹 Binance warns about 3Commas API leak, says users should disable keys.
🔹 Brazilians are turning to stablecoins to protect savings from inflation.

Forex & Stocks:
🔹 Oil weakens on China uncertainty, U.S. demand keeps losses in check.
🔹 Stock markets extend gains as an end-of-year relief rally kicks off.
🔹 Germany's energy crisis powers hydrogen switch.
🔹 Italy's Meloni takes issue with ECB, euro zone's bailout fund.
🔹 Peru launches $1.6 billion economic recovery plan after protests.

@forex_signals

Hey guys @forex_signals Team is on holidays for New year celebrations 🎉

We wish all a Very Happy New Year🥳

May this year bring happiness and prosperity in ur life.

We will see u on 1st jan 2023 👋

Happy New Year Fam !!

Fresh HOPES, Fresh PLANS, Fresh EFFORTS, Fresh COMMITMENT & Fresh ACHIEVEMENTS.

@Forex_Signals

https://in.tradingview.com/x/K19waPsW

#BNB update

BNB still holding Strong as its still above support, however low sweep for liquidity test around 215 - 220$ can’t be denied at the moment as volume is low

So keep an eye

@forex_signals

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

BTC

Will History Repeat Itself?

Like 2014 bear candle followed by Bulls recovery in 2015 and similarly 2018 Bear candle followed by bulls recovery in 2019 and technically the year that follows the red 12M candle is a recovery candle that hits and closes around the 1W MA100 That level is currently at 37.6K and moving sideways.

@forex_signals

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

Well looking at weekly levels it seems that BTC may take some time to test the weekly ineffeciency around 12K, so its likely that BTC may make Bottom in April - May from there we can expect the Bulls to take cantrol for Bullish recovery towards weekly MA100 i.e 37.6K

@forex_signals