Bitcoin (BTC) • Tesla pump setting us more upsideThanks to Tesla announcement of $1.5B worth of Bitcoin purchase into their corporate treasury we know many other companies will follow suit.
I was expecting correction back into the 36k support range but the news clearly canceled and market instantaneously front run by pushing price another 10% up.
We are now at another ATH in price discovery mode.
FTX
ETHUSD POSSIBLE BREAKOUTHi.
So ETH is currently in a large ascending triangle, and it looks like it is gearing up to explode.
We had two stop runs, clearing out any longs that entered at 1280+. Basically picking up liquidity for a move up.
I'm expecting a retracement to 1333 and eyeing that as a long entry, with stops just under 1300$.
The targets i'll be cutting parts of my position are at 1414, 1448, 1492 respectively.
Also, it seems there is a slow decoupling happening from BTC, which would be great for ETH as the second market leader.
P.S. I'm using FTX exchange, which kind of made me stop using Binane and Kraken, could not recommend it enough.
Check FTT and SRM for longer term spot buys, Sam Bankman-Fried is an incredibly smart and successful quant trader in whom I truly believe
to make amazing projects.
If in need, here is my referral for FTX exchange: ftx.com (5% fee discount)
*not investment advice*
BTCUSD BREAKOUTHi.
So yesterday BTC put on a hectic move, probably because freaging Elon changed his twitter bio to #bitcoin.
As for TA, BTC broke out ot falling wedge pattern, shot up, came back to test the median of the range + wedge resistance turned support.
Looking for long entries, with targets being 38k, 42k, and quite possibly ATH.
For additional confirmation, more conservative approach, you can wait for price to get above 35500 and hold to get in.
P.S. I'm using FTX exchange, which kind of made me stop using Binane and Kraken, could not recommend it enough.
Check FTT and SRM for longer term spot buys, Sam Bankman-Fried is an incredibly smart and successful quant trader in whom I truly believe
to make amazing projects.
If in need, here is my referral for FTX exchange: ftx.com (5% fee discount)
*not investment advice*
💡 Don't miss the great buy opportunity in FTX Token/USDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (10.5). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. FTX Token/USDT FTTUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 12.95
TP2= @ 14.15
TP3= @ 15.75
TP4= @ 17.75
TP5= @ 20.00
SL= Break below S2
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LTCUSD PENNANT CONSOLIDATIONHi.
As for LTCUSD, it is currently in a bullish pennant consolidation pattern. If BTC continues to bleed, i think LTC will head lower to 115ish, to clear out stops and revert to the upside with targets marked on the chart as .27 and .62 fib extensions.
LTC usually lags a bit, but when it starts moving it moves strong.
P.S. I'm using FTX exchange, which kind of made me stop using Binane and Kraken, could not recommend it enough.
Check FTT and SRM for longer term spot buys, Sam Bankman-Fried is an incredibly smart and successful quant trader in whom I truly believe
to make amazing projects.
If in need, here is my referral for FTX exchange: ftx.com (5% fee discount)
*not investment advice*
FTTUSD - SPOT LONGTERM BUY -20$ EOYHi.
For fundamental analysis, start with this article: tokeninsight.medium.com
They lay out pretty well the fundamentals of the coin and why it is undervalued.
FTX exchange is picking up steam, especially with their fast approach to add DEFI tokens fast + they added the stocks from WALLSTREETBETS that you can trade with. FTX is slowly becoming one stop shop for traders, and I cannot find a reason why FTX and FTT would not continue the path they are on.
This is not intended as a leveraged trade, so slowly DCA into it as price dips. Also, staking FTT gives you a lot of benefits on the exchange, use it.
P.S. I'm using FTX exchange, which kind of made me stop using Binane and Kraken, could not recommend it enough.
Check FTT and SRM for longer term spot buys, Sam Bankman-Fried is an incredibly smart and successful quant trader in whom I truly believe
to make amazing projects.
If in need, here is my referral for FTX exchange: ftx.com (5% fee discount)
*not investment advice*
BTCUSD GAMEPLANHi.
So BTC not showing a lot of strength, breaking market structure and basically just limping around. Don't mind the falling wedge pattern, it can be descending triangle, you can find head and shoulders patterns in there, most of them shorterm bearish. I'm guessing the price goes to 27760ish, cleaning up the lows and possibly forming bullish swing failure pattern with the first target being 31300, which is an orderblock currently holding as support, so we basically play long for the test of support flipped resistance.
P.S. I'm using FTX exchange, which kind of made me stop using Binane and Kraken, could not recommend it enough.
Check FTT and SRM for longer term spot buys, Sam Bankman-Fried is an incredibly smart and successful quant trader in whom I truly believe
to make amazing projects.
If in need, here is my referral for FTX exchange: ftx.com (5% fee discount)
ETHUSD GAMEPLANHi.
ETH had clear skies ahead, did not meet expectations. After making bearish swing failure pattern, along with breaking market structure on lower timeframes, this leads me to believe ETH is going for retest of lower support levels. I'm looking at 1145-1150 as a possible retest area, targeting the first trouble area at about 1350-1375. Make sure to move your stops accordingly as price goes up, don't be shy in taking profits.
P.S. I'm using FTX exchange, which kind of made me stop using Binane and Kraken, could not recommend it enough.
Check FTT and SRM for longer term spot buys, Sam Bankman-Fried is an incredibly smart and successful quant trader in whom I truly believe
to make amazing projects.
If in need, here is my referral for FTX exchange: ftx.com
Cheers
SERUM - SRM LONG TERM SPOT BUYSerum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance. It is built on Solana and is completely permissionless.
Built by Sam Bankman-Fried, it's goal is to create the best DEX with multichain operability, low fee's and 100% burn rate of SRM taken in fees.
DYOR, especially research Sam Bankman-Fried, as he is one of the smartest guys in crypto world at the moment, with all of his projects being success stories.
Intermediate term targets shown on the chart, also am expecting a pullback to 1.5-1.6 region, which would be a good area to add to spot moon bags.
P.S. I'm using FTX exchange, which kind of made me stop using Binane and Kraken, could not recommend it enough.
Check FTT and SRM for longer term spot buys, Sam Bankman-Fried is an incredibly smart and successful quant trader in whom I truly believe
to make amazing projects.
If in need, here is my referral for FTX exchange: ftx.com (5% fee discount)
FTT - Parabolic ModeFtt becomes parabolic, volume is still growing steadily (about $400 million atm), and it shows no signs of weakening. I think this trend will continue for some time.
The trend is still clearly bullish, and we shouldn't forget Maps Me IEO is ahead.
12-15 dollars is quite a possible target for me.
Information is just for educational purposes, never financial advice. Always do your own research.
Hit the "LIKE" button and follow to support, thanks!
XRP - Looks Bearish I'm still bearish on XRP, I do not think that the problems with the SEC will be resolved on their own in the near future, so the only way is down.
It could be a bearish retest of red zone area on the chart. I'm shorting every wish into this zone, stop is above.
Information is just for educational purposes, never financial advice. Always do your own research.
Hit the "LIKE" button and follow to support, thanks!
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XRPBEAR will flippen BTC
THE FLIPPENING IS REAL