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BTC dominance has facing good resistance at 66.60% which can give some small room for alts to grow.
From TOP alts to mid alts then low cap alts.
Invalidated if BTC dominance closes above 66.76% on daily
From TOP alts to mid alts then low cap alts.
Invalidated if BTC dominance closes above 66.76% on daily
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Binance
#LTC/USDT Take-Profit target 2 β
Profit: 17.0213% π
Period: 16 Days 2 Hours 27 Minutes β°
#LTC/USDT Take-Profit target 2 β
Profit: 17.0213% π
Period: 16 Days 2 Hours 27 Minutes β°
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BTC didn't reach till 30k$ psychological resistance yet. That's the only resistance above the current high of 29300$
Supports are -
$27720-27810 weak
$26550-26640 neutral
$24910-25020 short term strong
Chart is looking to print a hammer on 4H , so the further green 4H close can lead the price further. Invalidates if price close red.
Supports are -
$27720-27810 weak
$26550-26640 neutral
$24910-25020 short term strong
Chart is looking to print a hammer on 4H , so the further green 4H close can lead the price further. Invalidates if price close red.
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CMC (Total marketcap) is trading at $750 Billion and has strong resistance at ATH $765-772 Billion . While the next one can be $810 Billion (based on current movement).
BTC marketcap has no resistance beyond $540 billion but Bitcoin's $30k psychological resistance can create some retracement provided that CMC doesn't close above $810 billion resistance on daily.
Alts marketcap is growing but number of alts are also growing. Also the percentage of increment in Altcoins marketcap is lesser than that of Bitcoin's marketcap which is causing (also the recent XRP crash) the Bitcoin's dominance to go up rapidly causing dump in alts/Satoshi pair.
$750 Billion (the current marketcap) can also create some small resistance.
BTC dominance has resistance at 72%. Tough time for alts.
BTC marketcap has no resistance beyond $540 billion but Bitcoin's $30k psychological resistance can create some retracement provided that CMC doesn't close above $810 billion resistance on daily.
Alts marketcap is growing but number of alts are also growing. Also the percentage of increment in Altcoins marketcap is lesser than that of Bitcoin's marketcap which is causing (also the recent XRP crash) the Bitcoin's dominance to go up rapidly causing dump in alts/Satoshi pair.
$750 Billion (the current marketcap) can also create some small resistance.
BTC dominance has resistance at 72%. Tough time for alts.
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Wishing Everyone a very happy new year 2021.
I hope this year will be the best year for you and your family.
I wish this year brings lot of success and happiness to you and your family.
2020 was very good for BTC , I hope 2021 will bring the Alts Bull run sooner.
I thank everyone for being with us in our journey since last 3 years.
Happy New year π
I hope this year will be the best year for you and your family.
I wish this year brings lot of success and happiness to you and your family.
2020 was very good for BTC , I hope 2021 will bring the Alts Bull run sooner.
I thank everyone for being with us in our journey since last 3 years.
Happy New year π
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BTC didn't reach till 30k$ psychological resistance yet. That's the only resistance above the current high of 29300$ Supports are - $27720-27810 weak $26550-26640 neutral $24910-25020 short term strong Chart is looking to print a hammer on 4H , so the furtherβ¦
Update -
BTC closed green on 4H timeframe for 2 consecutive times after the hammer which made BTC to go up.
BTC has psychological resistance at 30k$ but at current price , the resistance which is stopping BTC is the CMC (cryptomarketcap) resistance. Closing 4H above $776.50 Billion on Cryptomarketcap charts can lead BTC more further.
BTC closed green on 4H timeframe for 2 consecutive times after the hammer which made BTC to go up.
BTC has psychological resistance at 30k$ but at current price , the resistance which is stopping BTC is the CMC (cryptomarketcap) resistance. Closing 4H above $776.50 Billion on Cryptomarketcap charts can lead BTC more further.
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The estimated timeframe for alts mega run was given at Q4 2021 but by seeing the current movement it is looking to happen earlier.
BTC 30k$ is psychological resistance and it is looking to pass through it further. There is no resistance on charts.
Currently in CMC resistance zone which is keeping it below 30k$.
Alts are not looking safe to re-enter . March can be having good alts run while BTC goes in cool off mode. If BTC breaks 30k$ and BTC dominance breaks 72% along with CMC resistance mentioned above then this can take BTC even further and we can't expect or guess the top once CMC closes above $819 billion. It will be massive
BTC 30k$ is psychological resistance and it is looking to pass through it further. There is no resistance on charts.
Currently in CMC resistance zone which is keeping it below 30k$.
Alts are not looking safe to re-enter . March can be having good alts run while BTC goes in cool off mode. If BTC breaks 30k$ and BTC dominance breaks 72% along with CMC resistance mentioned above then this can take BTC even further and we can't expect or guess the top once CMC closes above $819 billion. It will be massive
Currently there are 3 resistances at a time.
1. BTC psychological resistance.
2. BTC dominance resistance of 72%
3. CMC resistance of $772 billion (closing 4H above $776.50 billion can be taken as broken resistance).
So this is the important resistance and if BTC gets success in breaking through this out then the move can be bigger.
1. BTC psychological resistance.
2. BTC dominance resistance of 72%
3. CMC resistance of $772 billion (closing 4H above $776.50 billion can be taken as broken resistance).
So this is the important resistance and if BTC gets success in breaking through this out then the move can be bigger.
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Currently there are 3 resistances at a time. 1. BTC psychological resistance. 2. BTC dominance resistance of 72% 3. CMC resistance of $772 billion (closing 4H above $776.50 billion can be taken as broken resistance). So this is the important resistanceβ¦
BTC just hit $30k on BitMEX.
Got rejected on all the 3 resistances mentioned above.
Got rejected on all the 3 resistances mentioned above.
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BTC is almost +50% up from the previous ATH. If it breaks the resistance mentioned above then it can go more up and then the alts season will start.
The alts season won't be like what happened in 2017 but it will be good.
Note that we have to adjust portfolio again and again in this period so you should be manually active.
Some strong Alts have dumped in Satoshi price and trading nearby same or bit less in usdt value than before. In short , there is loss In BTC value but small or no loss in USDT value.
If BTC breaks resistance of 30k$ then only good alts will survive and pump very hard once BTC finishes off ( Chances of $50k).
The thing which is observed here is institutions are buying BTC in large amount and mostly on weekend when the supply is lesser causing a pump.
We are actually in alts winter since March 2019. I think we will enter in alts run slowly from this March and witness a good run till the End of this year. The current cycle will not complete until we see some run in alts .
SEC is looking positive on regulations on cryptocurrency this year. XRP made a huge downfall taking some other alts with it in this after the action by SEC. India is also proposing taxes on Bitcoin considering it in 'intangible assets' so it can be a good legal move imo. The popularity of Bitcoin has grown so much now that many government authorities are looking for the regulations or laws.
Grayscale has been buying LTC again and again from several months and also they recently bought XRP nearby at 0.20$
Also the inflow of Stablecoins to the exchanges is in large amount these days which means whales are looking to buy more BTC.
ETH is the next watch as the supply of #ETH is getting lesser now and it can go high. While considering the developments of Binance , #BNB can also be a good coin to watch next. #ETH and #BNB look safer than other coins.
The alts season won't be like what happened in 2017 but it will be good.
Note that we have to adjust portfolio again and again in this period so you should be manually active.
Some strong Alts have dumped in Satoshi price and trading nearby same or bit less in usdt value than before. In short , there is loss In BTC value but small or no loss in USDT value.
If BTC breaks resistance of 30k$ then only good alts will survive and pump very hard once BTC finishes off ( Chances of $50k).
The thing which is observed here is institutions are buying BTC in large amount and mostly on weekend when the supply is lesser causing a pump.
We are actually in alts winter since March 2019. I think we will enter in alts run slowly from this March and witness a good run till the End of this year. The current cycle will not complete until we see some run in alts .
SEC is looking positive on regulations on cryptocurrency this year. XRP made a huge downfall taking some other alts with it in this after the action by SEC. India is also proposing taxes on Bitcoin considering it in 'intangible assets' so it can be a good legal move imo. The popularity of Bitcoin has grown so much now that many government authorities are looking for the regulations or laws.
Grayscale has been buying LTC again and again from several months and also they recently bought XRP nearby at 0.20$
Also the inflow of Stablecoins to the exchanges is in large amount these days which means whales are looking to buy more BTC.
ETH is the next watch as the supply of #ETH is getting lesser now and it can go high. While considering the developments of Binance , #BNB can also be a good coin to watch next. #ETH and #BNB look safer than other coins.
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LTC 130$ ENTRY filled.
Currently at 141.50$ ,
Take first profit and move stop loss at entry.
+9%
Currently at 141.50$ ,
Take first profit and move stop loss at entry.
+9%
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Forwarded from Premium BitMEX Saviour Signals
Binance Futures
#ETH/USDT Take-Profit target 2 β
Profit: 19.2623% π
Period: 6 Hours 53 Minutes β°
#ETH/USDT Take-Profit target 2 β
Profit: 19.2623% π
Period: 6 Hours 53 Minutes β°
Premium Universal Crypto Signals
BTC is almost +50% up from the previous ATH. If it breaks the resistance mentioned above then it can go more up and then the alts season will start. The alts season won't be like what happened in 2017 but it will be good. Note that we have to adjust portfolioβ¦
As mentioned yesterday in 4th paragraph , there is big buying activity by institutions going on in weekend.
Due to lesser supply and volume on weekend, it is easier to pump the price.
Due to lesser supply and volume on weekend, it is easier to pump the price.
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Binance Futures
#EOS/USDT Take-Profit target 3 β
Profit: 18.6144% π
Period: 19 Hours 55 Minutes β°
#EOS/USDT Take-Profit target 3 β
Profit: 18.6144% π
Period: 19 Hours 55 Minutes β°