AltSignals.io Analysis ๐ฏ
Cancelling EGLDUSDT long, this is what I call beartrap, they are forming a falling wedge on the 4hours timeframe and trying to make us forget that we recently have broke below a bullish flag, many people will try to long here meanwhile they are taking us toโฆ
We warned you first ๐
AltSignals.io Analysis ๐ฏ
Market Cap USDT Dominance on the 4HR timeframe, We we will go up, retest the daily value and break below, we will see a pullback up at 6.40 there I will be shorting bitcoin.
We warned you first about this dump! predicted so good
Forwarded from Mr.S @AltSignals.io
LOOKSUSDT_2022-09-16_13-04-51.png
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LOOKS/USDT 4hrs
The coin is moving in an ascending channel and a symmetrical triangle is forming.
Double top bottom has made coin dump
Letโs wait for breakout, we expect a dump in it.
The coin is moving in an ascending channel and a symmetrical triangle is forming.
Double top bottom has made coin dump
Letโs wait for breakout, we expect a dump in it.
WAVESUSDT_2022-09-16_15-16-00.png
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WAVES/USDT 1D TF
Waves is currently consolidating on its strong support.
It is making LL. LH movement.
It is forming a descending triangle.
Letโs see what market plays.
Waves is currently consolidating on its strong support.
It is making LL. LH movement.
It is forming a descending triangle.
Letโs see what market plays.
Analysis
Bitcoin is still currently trading around 19500$
Be careful with your trades as Tomorrow GDP Report for 3rd Quarter will be released and
Montly candle closing is also coming soon so you can expect volatility in the market, So manage your risk accordingly
Bitcoin is still currently trading around 19500$
Be careful with your trades as Tomorrow GDP Report for 3rd Quarter will be released and
Montly candle closing is also coming soon so you can expect volatility in the market, So manage your risk accordingly
Analysis
Trade carefully between support and resistance levels.
Be careful with your trades as GDP Report for 3rd Quarter will be released
12:30 pm GMT,Thursday
Usa final GDB
Usa final GDP index
USA unemployment claims
Previous GDP number = -0.6%
Previous GDP index = 8.9%
Unemployment claims = 213k
Montly candle closing is also coming so you can expect volatility in the market,
manage your risk accordingly
Put tight stop loss in future and spot trades.
Trade carefully between support and resistance levels.
Be careful with your trades as GDP Report for 3rd Quarter will be released
12:30 pm GMT,Thursday
Usa final GDB
Usa final GDP index
USA unemployment claims
Previous GDP number = -0.6%
Previous GDP index = 8.9%
Unemployment claims = 213k
Montly candle closing is also coming so you can expect volatility in the market,
manage your risk accordingly
Put tight stop loss in future and spot trades.
AltSignals.io Analysis ๐ฏ
Photo
Bitcoin Daily, Triple bottom pattern.
How does it work?
The triple bottom pattern consists of three acute lows at around the same price levels.
The pattern typically takes almost 4 months to develop. It is one of the longer patterns to develop.
The triple bottom is a reversal pattern. This means it is important to the quality of the structure that it starts with a downward trend.
If we take a look, it actually did take more than 4 months indeed. I'm midterm bullish on bitcoin, and decided to share this scenario with you. This scenario will get cancelled if we break below our lowest low. Enjoy!
How does it work?
The triple bottom pattern consists of three acute lows at around the same price levels.
The pattern typically takes almost 4 months to develop. It is one of the longer patterns to develop.
The triple bottom is a reversal pattern. This means it is important to the quality of the structure that it starts with a downward trend.
If we take a look, it actually did take more than 4 months indeed. I'm midterm bullish on bitcoin, and decided to share this scenario with you. This scenario will get cancelled if we break below our lowest low. Enjoy!
Bitcoin Update: Bitcoin current support levels are at $19,000 till $18,900 and lower supports are at $18,600 till $18,400 as the weekend is near and we havenโt seen much volume on bitcoin can expect that we might see lower support level Being tested. furthermore, we have resistance at 19,600 to 19,900 which are crucial to break all the way free break up of those level we might see another resistance at 20,200 till 20,500
BTC is forming a double top pattern and lies on Reversal zones of Fibs Level.
BTC has to break the trendline to go bullish.If BTC broke 20k zone then we can see and dump in the market.
Bitcoin price made another attempt to clear the $21,000 resistance zone. However, BTC failed to gain momentum above the $21,000 resistance zone.
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ETH has been rejected from its trendline and From its support. If ETH breaks its trendline then we can expect a Dump till its golden ratio zone as there is a lot of liquidity present in the support๐.
ETH daily resistance is at 1636 and Support at 1546.๐ช
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USDT.D has tested its support and formed a LL and LH in higher Time Frames. If the USDT.D candle closes above the trendline then we can see a bullish move in it and eventually bearish for the BTC.๐
Let's wait for candle closure and according to fib levels๐, USDT.D is between its mid-range and golden ratio zone.
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AltSignals.io Analysis ๐ฏ
Keep an eye on FOMC news coming on 2 Nov 6:30 pm GMT.๐
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BTC Support is at $20,000 and $19500. Resistance is at $20,580 and $21,000. BTC closed its daily candle red at $20490๐ด. However, the Monthly candle closing was green.๐ข
Looking at the 1-hour chart, BTC has been able to take support from 200 EMA which is currently around $20300. Volume is currently lowโฌ๏ธ. Trade carefully and manage risk according to mentioned support and resistance levels.โ๏ธ
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LTC has Rejected its trendline multiple times and Formed a double bottom
Keep an eye on FOMC news coming on 2 Nov 6:30 pm GMT๐
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BTCโs price is currently consolidating below $20, 650.RSI also shows hidden bullish divergence which is a positive sign for the market and we may see a pump in the coinโ . BTC Support is at $20,400 and the next support is at $20,000. BTC resistance is at $20,800 and $21,000.
Looking at a 4-hour timeframe, Volume is low.
BTC dominance is at 38.7% and the total crypto market cap is at 1.02 trillion.
Manage your risk according to mentioned support & resistance levels Please be aware that the market will be volatile today as the FED interest rate decision will be released today at 6 pm GMT๐. Exchanges will try to hunt stop loss so avoid high-leverage trades.
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BTC daily candle closing was red at $20, 151. BTC Support is at $20,000 and Resistance is at $20,500.
BTC experienced high volatility during the Federal Funds Rate decision and FOMC press conferenceโ๏ธ. BTC price pumped and tried to break the $20,800 resistance following the 75 BPS interest rate hike decision but as soon as the market got confirmation of no positive statement of lower interest rate hikes in future during the FOMC press conference, BTC dropped to the $20,000 support levelโฌ๏ธ.
Looking at the 4-hour chart,200 EMA support is at $19,800-900.๐
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AltSignals.io Analysis ๐ฏ
USDT.D broke the trendline as mentioned in our previous analysis.๐ USDT.D can test the trendline and pump till its fibs reversal zones. (0.786-0.886)โฌ๏ธ
According to fib levels, USDT.D currently lies on the golden ratio zone and needs to test Reversal zones to further dump eventually bullish for the BTC ๐ข if USDT.D dump further.๐ด
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