ENJ/BTC
is Bouncing Exactly From it's Support 📈

A deeper look into the manipulation of Bitcoin and Ethereum last night.

#ZRX/BTC (Binance) ‼️

Buy Zone : 3250 - 3350
Sell Targets : 3540 | 3700 | 3850 | 4000 | 4180 | 4350 | 4500 | 4690

StopLoss : Below 3200

Damn the volume is pumping in. Target One done.

Side note, all the alt coins we posted have hit target One or more now. Do push the stops higher

If you're wondering how we mailed the entry on ZIL making this monster of a profit, you will be delighted to know that the crowd favourite Plutus eXploration Index is running at a discounted price now.

Head to hashedplutus.com now!

https://www.tradingview.com/x/G0UsxI4S/

Between the higher low structure and the strong resistance

Hello all, I want to give an update of current market's condition. We have seen some high volatility movement lately in the last 8 hours, will it become the confirmation of the next potential moves? let's see!

There isn't any strong argument that can deny current resistance level that the bitcoin faces. There is a huge historical price action and the major psychological area above current price right now. Since the May 24th, 2020 the price has frequently printed a higher low moves which is a good sign for the bitcoin in overall. But, we've seen a type of bullish trap too that occurred between June 1st - 2nd.

So, considering the strong horizontal resistance ahead and the higher low structure since May 25th, I see that the bulls are trying very hard to gain any strong for the price to breaks out of the resistance zone. Now, assuming the ascending triangle to be in play, I'm pretty sure that the bulls will gain strength until it breaks out of the horizontal resistance. But, as a trader you may understand the risk of failure on any pattern which I can't ignore it. If the price breaks down of the trend line, I will get out of any trade that I'm in right now and will flip my long to short position.

We might see a further consolidation at this ascending triangle until it comes closer to the APEX and we'll see what will the next bias be. Currently still holding my long since $9500 but if the price breaks below the support trend line, I'll flip to short term short

https://www.tradingview.com/x/3tjLJDLU/

BITSTAMP Followed The "SCAM Wick" Trick as Of GEMINI
But On ETH/USD 😐

Looks like LTCUSD wants to breakout!

https://www.tradingview.com/x/IhRM5Kkd/

Will bitcoin still dominate cryptocurrency?

While bitcoin is trading very close to the APEX of previous ascending triangle that I've anticipated, we better to look at another factor that may affect the price movement of bitcoin. One of those factor is the bitcoin dominance.

Bitcoin dominance is still trending inside this up trend channel that has held the price since January 2018, a 2 years channel trend line. Currently the dominance is trending slightly above the 200 MA which could be the confirmation of breaks out to the upside. But, before talking further to the breaks out, we need to see the dominance to breaks out of the yellow region first.

After covering the upside movement, we must anticipate the downside movement too which is the breaking down of the lower line of the up trend channel which will leads the dominance into further downside movement.

From this perspective, I can see 2 correlation that is important for us to understand.
1. If the bitcoin dominance breaks out to the upside, there will be a money inflow in the bitcoin that cause the market capitalization gain bigger in the future which will cause a positive correlation to the price of bitcoin.
2. If the bitcoin dominance breaks to the lower line, there will be a money inflow to the altcoins market and the altcoins will potentially have an altcoin season. This is however very logical because the most of altcoins are trending at its historical low right now. During this scenario, we'll see the price of bitcoin has its sideway movement.

#Bitcoin_Update (1Hr) ‼️

Tell me that's not accurate.

#OAX/BTC (Binance) ‼️

Has Retraced Very Nicely
TrendLine Support is Available Here
Falling Wedge is On Print
Breakout is Expected Soon 📈

Buy Zone : 475 - 490
Sell Targets : 520 | 540 | 565 | 590 | 610 | 635

StopLoss : 454

#BNB/USDT (Binance Futures) ‼️

LONG
Leverage : 10x - 15x

Buy : $17.255 - $17.235
TP(s) : $17.34 | $17.428 | $17.51 | $17.6

StopLoss : $17.203
#Small_Scalping_Trade
Very Low Risk Call

literally giving away all major moves for so long.
We would love to see a few friends from your end. ❤️

Welcome the bears to the party

https://www.tradingview.com/x/JT1lCr1k/

#BTC/USD (1D)
Bitcoin Shown Almost a -10% Plunge Just On Time

Let's See How Does This 1D Candle Closes
Dump Continuation Or a Pullback !?

Stocks are rekt.

https://www.tradingview.com/x/8miwY8tS/

Bitcoin : Ascending triangle, will the support hold?

Hello all, good morning and I hope you have a nice day! The latest drop on bitcoin is showing us that this market is still volatile and is so healthy as well. A drop like this when we saw a long consolidation below the support is such a normal behavior.

The ascending triangle so far is still holding well the price even that 7% drop in the last 12 hours has occurred, the price still respected the cross point support with a rejection into it. During the moves closer to the APEX, this kind of volatility is what we needed the most to potentially buy the dip. But, will this region is low enough to open your buy position?

We have to remember that the next strong resistance for bitcoin is the psychological zone at $10000 and the yellow resistance trend line which has been formed since the ATH on 2018. If you consider the psychological point, there isn't any huge volume in the last 7 days of trading. That's why we need this correction as well to gain traction for the next potential attempt to break out the resistance. Beside, the price is still trending above the cross point support of the support trend line and previous broken resistance that is becoming support now.

My bias remains bullish as long as the price still holds this ascending triangle and another break out attempts is likely to occur in near future. But, we have to be realistic that if the price breaks down of this ascending triangle, we must consider this as a failure of the ascending triangle and may lead the price to lower region as well.