Forwarded from VIP ChartsSignalsTrading GROUP
#BTC.C is forming a risking wedge pattern on weekly time frame and has reached the upper trendline resistance level BTC.D has rejected from this region in past as well a rejection from these levels will be a positive sign for Alts. Expecting Altcoin Rally after Bitcoin Halving.
As the Altcoins are currently effecting very badly due to the sudden retracement in BTC it is advisable to trade Alts very cautiously BTC halving is around the corner Alts rally is expected after Halving so till then trade the alts safely as Alts can lack momentum till the halving.
@ChartsSignalsTrading
As the Altcoins are currently effecting very badly due to the sudden retracement in BTC it is advisable to trade Alts very cautiously BTC halving is around the corner Alts rally is expected after Halving so till then trade the alts safely as Alts can lack momentum till the halving.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#BTC UPDATE:
Due to the tension of War between iran and israeal the market crashed massively.
BTC broken the strong support of 65k and rejected all the way to the 60K regions.
Now the plan for BTC is simple it should hold its strong support of 60k which is also a daily demand zone for it and has given rallies from here in past.
For the relief rally BTC should closed at least above the 65k region which is now acting as resistance as long the price is below the market will be extremely choppy.
Due to the uncertainty in the market it is advised to preserve your capital at any cost and not take unnecessary risks the market is not going anywhere just have some patience everything will get normal.
@ChartsSignalsTrading
Due to the tension of War between iran and israeal the market crashed massively.
BTC broken the strong support of 65k and rejected all the way to the 60K regions.
Now the plan for BTC is simple it should hold its strong support of 60k which is also a daily demand zone for it and has given rallies from here in past.
For the relief rally BTC should closed at least above the 65k region which is now acting as resistance as long the price is below the market will be extremely choppy.
Due to the uncertainty in the market it is advised to preserve your capital at any cost and not take unnecessary risks the market is not going anywhere just have some patience everything will get normal.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#BTC UPDATE:
BTC bounced right from the demand zone and the strong support region of 60k this range formation on BTC is strong it is respecting this range from quite sometime now.
Currently it has flipped the 65k resistance level but a daily closure above it will be a positive sign. For BTC the daily closure above the 65k region will be a good sign and can then target the higher levels of 67k to 68k.
🇭🇰 Hong Kong approves spot Bitcoin & Ethereum ETF + only 5 days remaining till BTC Halving.
Currently Halving is a strong catalyst coming out for BTC we are expecting moves in Alt coins after the halving.
@ChartsSignalsTrading
BTC bounced right from the demand zone and the strong support region of 60k this range formation on BTC is strong it is respecting this range from quite sometime now.
Currently it has flipped the 65k resistance level but a daily closure above it will be a positive sign. For BTC the daily closure above the 65k region will be a good sign and can then target the higher levels of 67k to 68k.
🇭🇰 Hong Kong approves spot Bitcoin & Ethereum ETF + only 5 days remaining till BTC Halving.
Currently Halving is a strong catalyst coming out for BTC we are expecting moves in Alt coins after the halving.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#BTC QUICK UPDATE:
BTC is currently approaching the strong level of 60k the 60K is strong support level acting for BTC if BTC doesn't respect this level and breaks downside then we may see a rejection to the lower levels of 57k to 55k.
As the BTC looks very choppy and uncertain alts coins are affecting due to it very badly in this situation it is good to preserve the capital and wait for a better opportunity.
Must use Sl in trades and trade very cautiously.
@ChartsSignalsTrading
BTC is currently approaching the strong level of 60k the 60K is strong support level acting for BTC if BTC doesn't respect this level and breaks downside then we may see a rejection to the lower levels of 57k to 55k.
As the BTC looks very choppy and uncertain alts coins are affecting due to it very badly in this situation it is good to preserve the capital and wait for a better opportunity.
Must use Sl in trades and trade very cautiously.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#BTC QUICK UPDATE:
BTC again respected the demand zone and given reversal from it the 60k region is acting as strong support for the BTC.
BTC is now approaching the strong resistance level of 65k from where it rejected in past if BTC flip the 65k resistance level and give a daily colure above it will be then a positive sign an then we may see a move to the upper resistance level marked in the chart around the 70k levels.
Must use Sl in trades and trade cautiously.
@ChartsSignalsTrading
BTC again respected the demand zone and given reversal from it the 60k region is acting as strong support for the BTC.
BTC is now approaching the strong resistance level of 65k from where it rejected in past if BTC flip the 65k resistance level and give a daily colure above it will be then a positive sign an then we may see a move to the upper resistance level marked in the chart around the 70k levels.
Must use Sl in trades and trade cautiously.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#BTC QUICK UPDATE:
BTC is currently trading at 65k level the 65k level is the strong resistance level for BTC.
As we have a weekly closure today so volatility is expected.
For the bullish momentum of BTC we need a weekly closure above 65k resistance level.
If the weekly closure is below 65k then we can see a retracement to lower levels.
Trade cautiously and must use sl.
@ChartsSignalsTrading
BTC is currently trading at 65k level the 65k level is the strong resistance level for BTC.
As we have a weekly closure today so volatility is expected.
For the bullish momentum of BTC we need a weekly closure above 65k resistance level.
If the weekly closure is below 65k then we can see a retracement to lower levels.
Trade cautiously and must use sl.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#BTC QUICK UPDATE:
BTC after breaking the 65k resistance level it pumped and reached the next resistance level which is the 67k level.
BTC has previously rejected from the 67k level multiple times
For the BTC to target the upper rectangular region marked in the chart which is the 70k levels BTC needs to flip the 67k resistance level.
Now the strong support region for the BTC will be the 65k level which BTC flipped previously the EMA's are also acting as support at 65k
Trade cautiously as BTC has approached its resistance level and must use sl.
@ChartsSignalsTrading
BTC after breaking the 65k resistance level it pumped and reached the next resistance level which is the 67k level.
BTC has previously rejected from the 67k level multiple times
For the BTC to target the upper rectangular region marked in the chart which is the 70k levels BTC needs to flip the 67k resistance level.
Now the strong support region for the BTC will be the 65k level which BTC flipped previously the EMA's are also acting as support at 65k
Trade cautiously as BTC has approached its resistance level and must use sl.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#BTC QUICK UPDATE:
For BTC the 67k level is acting as resistance
For the BTC to target the upper rectangular region marked in the chart which is the 70k levels BTC needs to flip the 67k resistance level.
Now the strong support region for the BTC will be the 65k level which BTC flipped previously the EMA's are also acting as support at 65k. If BTC breaks the 65K support then can reject to lower levels.
Trade cautiously as BTC has approached its resistance level and must use sl.
@ChartsSignalsTrading
For BTC the 67k level is acting as resistance
For the BTC to target the upper rectangular region marked in the chart which is the 70k levels BTC needs to flip the 67k resistance level.
Now the strong support region for the BTC will be the 65k level which BTC flipped previously the EMA's are also acting as support at 65k. If BTC breaks the 65K support then can reject to lower levels.
Trade cautiously as BTC has approached its resistance level and must use sl.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#BTC QUICK UPDATE:
As mentioned in the previous update that after rejecting from the 67k strong resistance level the support region for the BTC is the 65k level if BTC didn't hold the 65k support we may see a rejection to the lower levels and the same thing happened.
Now for the BTC the plan is simple it needs to flip the 65k level which is now acting as resistance BTC needs a daily closure above it to target the higher levels.
If not then we may see a rejection to the demand zone mentioned in the chart which is the 60k region.
For the BTC the next strong support region is the 60k level from where we have witnessed moves in the past and where we have a strong support of 89 + 100 EMA on daily.
@ChartsSignalsTrading
As mentioned in the previous update that after rejecting from the 67k strong resistance level the support region for the BTC is the 65k level if BTC didn't hold the 65k support we may see a rejection to the lower levels and the same thing happened.
Now for the BTC the plan is simple it needs to flip the 65k level which is now acting as resistance BTC needs a daily closure above it to target the higher levels.
If not then we may see a rejection to the demand zone mentioned in the chart which is the 60k region.
For the BTC the next strong support region is the 60k level from where we have witnessed moves in the past and where we have a strong support of 89 + 100 EMA on daily.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#BTC QUICK UPDATE:
BTC is failed to closed above the 65k resistance level and currently rejecting.
BTC is trading a range from quite a while now the lower rectangular region marked in the chart is acting as support while the upward rectangular region is acting as resistance.
The next Strong support region for BTC is the 60K region BTC needs to hold this region if this region breaks the range will break and then we may see a rejection to the lower levels.
The resistance level for the BTC is the 65k region for the bullish move to the upside level BTC needs to flip the 65k resistance level and get a daily closure above it.
Trading alts may be very risky so trade very cautiously in these conditions and must use sl.
@ChartsSignalsTrading
BTC is failed to closed above the 65k resistance level and currently rejecting.
BTC is trading a range from quite a while now the lower rectangular region marked in the chart is acting as support while the upward rectangular region is acting as resistance.
The next Strong support region for BTC is the 60K region BTC needs to hold this region if this region breaks the range will break and then we may see a rejection to the lower levels.
The resistance level for the BTC is the 65k region for the bullish move to the upside level BTC needs to flip the 65k resistance level and get a daily closure above it.
Trading alts may be very risky so trade very cautiously in these conditions and must use sl.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#BTC UPDATE:
BTC is currently trading a range from quite a while now the lower region marked in the chart is acting as support while the upward rectangular region is acting as resistance.
The Strong support level for BTC is the 60K region BTC needs to hold this region if this region breaks the range will break and then we may see a rejection to the lower levels.
The resistance level for the BTC is the 65k region for the bullish BTC needs to flip the 65k resistance level and get a closure above it.
We have a weekly closure within few Hours so volatility is expected trading alts may be risky so trade very cautiously in these conditions and must use sl.
@ChartsSignalsTrading
BTC is currently trading a range from quite a while now the lower region marked in the chart is acting as support while the upward rectangular region is acting as resistance.
The Strong support level for BTC is the 60K region BTC needs to hold this region if this region breaks the range will break and then we may see a rejection to the lower levels.
The resistance level for the BTC is the 65k region for the bullish BTC needs to flip the 65k resistance level and get a closure above it.
We have a weekly closure within few Hours so volatility is expected trading alts may be risky so trade very cautiously in these conditions and must use sl.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#BTC UPDATE:
BTC experienced a huge correction yesterday as mentioned in the yesterday update USDT.D had a breakout on daily time resulting in BTC and Alts to bleed heavily.
BTC is currently at a very crucial level the 59k to 60k are the strong support level for BTC where we have lower trendline support + 100 EMA on Daily BTC needs to hold these region to give a reversal from here if these regions also break it will not be a good sign and then we may see a move till the 57k level.
As we have no clear direction yet it will be good to trade very cautiously and make sure to use SL.
@ChartsSignalsTrading
BTC experienced a huge correction yesterday as mentioned in the yesterday update USDT.D had a breakout on daily time resulting in BTC and Alts to bleed heavily.
BTC is currently at a very crucial level the 59k to 60k are the strong support level for BTC where we have lower trendline support + 100 EMA on Daily BTC needs to hold these region to give a reversal from here if these regions also break it will not be a good sign and then we may see a move till the 57k level.
As we have no clear direction yet it will be good to trade very cautiously and make sure to use SL.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#BTC UPDATE:
BTC after grabbing the liquidity from the strong level of 57k as mentioned in the previous update given the reversal and pumped and back to the range.
Currently BTC had a breakout from the channel now the 65k is the next strong resistance level for the BTC for the further bullish momentum of BTC it needs to flip th 65k level.
The 62k level will now act as the strong support level for the BTC which is a strong demand zone from where we witnessed moves + we also have EMA support here.
As today we have a weekly closure volatility is expected BTC needs to give a closure above 62k to target the higher levels in the next week. Trade cautiously and must use SL.
@ChartsSignalsTrading
BTC after grabbing the liquidity from the strong level of 57k as mentioned in the previous update given the reversal and pumped and back to the range.
Currently BTC had a breakout from the channel now the 65k is the next strong resistance level for the BTC for the further bullish momentum of BTC it needs to flip th 65k level.
The 62k level will now act as the strong support level for the BTC which is a strong demand zone from where we witnessed moves + we also have EMA support here.
As today we have a weekly closure volatility is expected BTC needs to give a closure above 62k to target the higher levels in the next week. Trade cautiously and must use SL.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#BTC UPDATE:
As mentioned in our previous update that the 65k level is the next strong resistance level for BTC and for the further bullish move BTC will need to flip this level. The BTC failed to closed above the 65k level and we witnessed a rejection right from it.
After rejecting from the 65k resistance level we mentioned that the next strong support will be the 62k level BTC rejected right to the 62k level and currently respected it.
The 62k level for BTC will still remain as the strong support which is a strong level + we have EMA support also aligning there.
If incase BTC breaks the 62k support level then the next strong support level for the BTC will be the 60k level.
For the BTC to give the bullish momentum it needs to flip the 65k level if not then we may see the choppy price action.
As the BTC has not given clear direction and a sudden retracement for it is affecting alts it will be good to trade cautiously and must use SL.
@ChartsSignalsTrading
As mentioned in our previous update that the 65k level is the next strong resistance level for BTC and for the further bullish move BTC will need to flip this level. The BTC failed to closed above the 65k level and we witnessed a rejection right from it.
After rejecting from the 65k resistance level we mentioned that the next strong support will be the 62k level BTC rejected right to the 62k level and currently respected it.
The 62k level for BTC will still remain as the strong support which is a strong level + we have EMA support also aligning there.
If incase BTC breaks the 62k support level then the next strong support level for the BTC will be the 60k level.
For the BTC to give the bullish momentum it needs to flip the 65k level if not then we may see the choppy price action.
As the BTC has not given clear direction and a sudden retracement for it is affecting alts it will be good to trade cautiously and must use SL.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#BTC UPDATE:
The 65k level for BTC is still acting as strong resistance and rejected from it couple of times.
The 62k level for BTC will still remain as the strong support which is a strong level + we have EMA support also aligning there.
If incase BTC breaks the 62k support level then the next strong support level for the BTC will be the 60k level.
For the BTC to give the bullish momentum it needs to flip the 65k level if not then we may see the choppy price action.
As the BTC has not given clear direction and a sudden retracement for it is affecting alts it will be good to trade cautiously and must use SL.
@ChartsSignalsTrading
The 65k level for BTC is still acting as strong resistance and rejected from it couple of times.
The 62k level for BTC will still remain as the strong support which is a strong level + we have EMA support also aligning there.
If incase BTC breaks the 62k support level then the next strong support level for the BTC will be the 60k level.
For the BTC to give the bullish momentum it needs to flip the 65k level if not then we may see the choppy price action.
As the BTC has not given clear direction and a sudden retracement for it is affecting alts it will be good to trade cautiously and must use SL.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#BTC UPDATE:
BTC broke the strong support level of 62k now the next strong support level for the BTC will be the 60k region as mentioned in the previous update.
If BTC didn't respect the 60k level then we may see a move again to the lower levels of 59 to 57k.
Now the 62k level for BTC will act as resistance and the main supply region from where we witnessed rejections many time will be the same the 65k level.
For the BTC to give the bullish momentum in coming days it needs a closure above the 62k level.
As the BTC looks extremely choppy and a sudden retracement for it is affecting alts very badly it will be good to trade cautiously and must use SL.
@ChartsSignalsTrading
BTC broke the strong support level of 62k now the next strong support level for the BTC will be the 60k region as mentioned in the previous update.
If BTC didn't respect the 60k level then we may see a move again to the lower levels of 59 to 57k.
Now the 62k level for BTC will act as resistance and the main supply region from where we witnessed rejections many time will be the same the 65k level.
For the BTC to give the bullish momentum in coming days it needs a closure above the 62k level.
As the BTC looks extremely choppy and a sudden retracement for it is affecting alts very badly it will be good to trade cautiously and must use SL.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#BTC UPDATE:
BTC is currently at very crucial demand zone the 60k level is the strong support level for the BTC which it needs to hold in order to give reversal from here.
If BTC didn't respect the 60k level then we may see a move again to the lower levels of 59 to 57k.
Now the 62k level for BTC will act as resistance and the main supply region from where we witnessed rejections many time will be the same the 65k level.
For the BTC to give the bullish momentum in coming days it needs a weekly closure above the 62k level.
As today we have weekly closure volatility is expected we need a closure above 60k at-least for the reversal from here in the coming week if not then we may see a choppy price action.
@ChartsSignalsTrading
BTC is currently at very crucial demand zone the 60k level is the strong support level for the BTC which it needs to hold in order to give reversal from here.
If BTC didn't respect the 60k level then we may see a move again to the lower levels of 59 to 57k.
Now the 62k level for BTC will act as resistance and the main supply region from where we witnessed rejections many time will be the same the 65k level.
For the BTC to give the bullish momentum in coming days it needs a weekly closure above the 62k level.
As today we have weekly closure volatility is expected we need a closure above 60k at-least for the reversal from here in the coming week if not then we may see a choppy price action.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#BTC UPDATE:
As mentioned in the yesterday update that BTC needs a weekly closure at-least above the 60k level to give bullish momentum and the same thing happened BTC give a closure above 60k.
And BTC given move right from the demand zone now BTC has reached the strong EMA resistance levels are the EMA's are acting as strong resistance here for the further bullish momentum of BTC it needs to flip this EMA resistance to support and give a closure above the 63k level to target the 65k levels which is the major supply region for BTC.
Alts are still lagging due to BTC once BTC gets stable Alts will have its run these choppy markets are normal in bull markets after this chop season we will see Alts rallies so until then trade cautiously and must use sl.
@ChartsSignalsTrading
As mentioned in the yesterday update that BTC needs a weekly closure at-least above the 60k level to give bullish momentum and the same thing happened BTC give a closure above 60k.
And BTC given move right from the demand zone now BTC has reached the strong EMA resistance levels are the EMA's are acting as strong resistance here for the further bullish momentum of BTC it needs to flip this EMA resistance to support and give a closure above the 63k level to target the 65k levels which is the major supply region for BTC.
Alts are still lagging due to BTC once BTC gets stable Alts will have its run these choppy markets are normal in bull markets after this chop season we will see Alts rallies so until then trade cautiously and must use sl.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#BTC UPDATE:
BTC given move right from the demand zone now BTC has reached the strong EMA resistance levels the EMA's are acting as strong resistance here for the further bullish momentum of BTC it needs to flip this EMA resistance to support and give a closure above the 63k level to target the 65k levels which is the major supply region for BTC.
Alts are still lagging due to BTC once BTC gets stable Alts will have its run these choppy markets are normal in bull markets after this chop season we will see Alts rallies so until then trade cautiously and must use sl.
@ChartsSignalsTrading
BTC given move right from the demand zone now BTC has reached the strong EMA resistance levels the EMA's are acting as strong resistance here for the further bullish momentum of BTC it needs to flip this EMA resistance to support and give a closure above the 63k level to target the 65k levels which is the major supply region for BTC.
Alts are still lagging due to BTC once BTC gets stable Alts will have its run these choppy markets are normal in bull markets after this chop season we will see Alts rallies so until then trade cautiously and must use sl.
@ChartsSignalsTrading
Forwarded from VIP ChartsSignalsTrading GROUP
#BTC UPDATE:
BTC is still facing strong resistance at the 62500 + 63000 level the EMA's are acting as strong resistance here for the further bullish momentum of BTC it needs to flip this EMA resistance to support and give a closure above the 63k level to target the 65k levels which is the major supply region for BTC.
Alts are still lagging due to BTC once BTC gets stable Alts will have its run these choppy markets are normal in bull markets after this chop season we will see Alts rallies so until then trade cautiously and must use sl.
@ChartsSignalsTrading
BTC is still facing strong resistance at the 62500 + 63000 level the EMA's are acting as strong resistance here for the further bullish momentum of BTC it needs to flip this EMA resistance to support and give a closure above the 63k level to target the 65k levels which is the major supply region for BTC.
Alts are still lagging due to BTC once BTC gets stable Alts will have its run these choppy markets are normal in bull markets after this chop season we will see Alts rallies so until then trade cautiously and must use sl.
@ChartsSignalsTrading