#ππππ/π¨π¦ππ§ π πππ¬ π§ππ π ππ₯ππ π ππ‘πππ¬π¦ππ¦
β’ From the previous trade you would have booked some profit around 15-20% and it has a resistance around $0.069 , if it breaks this resistance we will long our position.
Target - $0.09
β’ Avoiding short position as of now.
β’ From the previous trade you would have booked some profit around 15-20% and it has a resistance around $0.069 , if it breaks this resistance we will long our position.
Target - $0.09
β’ Avoiding short position as of now.
Bitcoin trades above $25,000 for the first time in two months
https://www.hindustantimes.com/business/bitcoin-trades-above-25-000-for-first-time-since-midjune-101660466705943-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
https://www.hindustantimes.com/business/bitcoin-trades-above-25-000-for-first-time-since-midjune-101660466705943-amp.html?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Hindustan Times
Bitcoin trades above $25,000 for first time since mid-June
The largest cryptocurrency gained 1.6% to $24,882 around 4 a.m. New York time after rising over 2% to trade above the $25,000 mark. Itβs still down 46.5% year-to-date.
#πππ¦π/π¨π¦ππ§ π° ππ’π¨π₯ π§ππ π ππ₯ππ π ππ‘πππ¬π¦ππ¦
β’ If dash breaks the trend line we will short our position, a downward movement breaking the price area line by line thus we will increase the number of our short positions.
Target 1 - $51
Target 2 - $48.6
Target 3 - $46.69
β’ Formation of a red candle at the resistance will indicate bearishness, thus we will again short our position.
Target - $53.4
β’ If it breaks the resistance we will long our position.
Target - 2:1
β’ If dash breaks the trend line we will short our position, a downward movement breaking the price area line by line thus we will increase the number of our short positions.
Target 1 - $51
Target 2 - $48.6
Target 3 - $46.69
β’ Formation of a red candle at the resistance will indicate bearishness, thus we will again short our position.
Target - $53.4
β’ If it breaks the resistance we will long our position.
Target - 2:1
#π§πππ§π/π¨π¦ππ§ π πππ¬ π§ππ π ππ₯ππ π ππ‘πππ¬π¦ππ¦
β’ Support is at $1.06 and a resistance at $1.485, currently theta is retesting its resistance, a formation of a green candle at $1.485 will indicate bullishness thus we will long our position.
Target - $1.664
β’ The resistance is also acting as a support area for it if it breaks this area downwards we will then short our position.
Target - $1.332
β’ Support is at $1.06 and a resistance at $1.485, currently theta is retesting its resistance, a formation of a green candle at $1.485 will indicate bullishness thus we will long our position.
Target - $1.664
β’ The resistance is also acting as a support area for it if it breaks this area downwards we will then short our position.
Target - $1.332
Losses from crypto hacks from Jan to Jul rose 60% YoY to $1.9 bn: Report
https://www.reuters.com/markets/us/losses-crypto-hacks-surged-60-19-bln-jan-july-chainalysis-2022-08-16/?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
https://www.reuters.com/markets/us/losses-crypto-hacks-surged-60-19-bln-jan-july-chainalysis-2022-08-16/?utm_campaign=fullarticle&utm_medium=referral&utm_source=inshorts
Reuters
Losses from crypto hacks surged 60% to $1.9 billion from January to July, Chainalysis says
Losses arising from cryptocurrency hacks jumped nearly 60% in the first seven months of the year to $1.9 billion, propelled by a surge in funds stolen from decentralized finance (DeFi) protocols, according to a blog post from blockchain analysis firm Chainalysisβ¦
#ππ¬ππ«/π¨π¦ππ§ π πππ¬ π§ππ π ππ₯ππ π ππ‘πππ¬π¦ππ¦
β’ Formation of a up side channel can be seen currently its ina falling state thus we will short our position.
Target - $1.594
Stoploss - $2.309
β’ Formation of a up side channel can be seen currently its ina falling state thus we will short our position.
Target - $1.594
Stoploss - $2.309
#ππ§π/π¨π¦ππ§ π πππ¬ π§ππ π ππ₯ππ π ππ‘πππ¬π¦ππ¦
β’ BTC has currently broken the trend line and its resistance is at $24600, if it breaks the price at $22700 then we will short our position.
Target - $21150
β’ For long position we will wait for it to break the resistance.
β’ BTC has currently broken the trend line and its resistance is at $24600, if it breaks the price at $22700 then we will short our position.
Target - $21150
β’ For long position we will wait for it to break the resistance.
#πππ/π¨π¦ππ§ π πππ¬ π§ππ π ππ₯ππ π ππ‘πππ¬π¦ππ¦
β’ From the previous trade you would gained around 10% , from the previous analysis it has a support level at $0.81, formation of a green candle at the support will indicate bullishness thus we will long our position.
Target - $0.0964
β’ If it breaks the support we will short our position.
Target - 2:1
β’ From the previous trade you would gained around 10% , from the previous analysis it has a support level at $0.81, formation of a green candle at the support will indicate bullishness thus we will long our position.
Target - $0.0964
β’ If it breaks the support we will short our position.
Target - 2:1
Crypto bids
#ππ¬ππ«/π¨π¦ππ§ π πππ¬ π§ππ π ππ₯ππ π ππ‘πππ¬π¦ππ¦ β’ Formation of a up side channel can be seen currently its ina falling state thus we will short our position. Target - $1.594 Stoploss - $2.309
#ππ¬ππ«/π¨π¦ππ§ π πππ¬ π§ππ π ππ₯ππ π ππ‘πππ¬π¦ππ¦
β’ From the previous trade you would have gained good profit it had dropped 20% from our target, we will now wait for it to come back to it' support level i.e. $1, formation of a green candle at the support will indicate bullishness thus we will long our position.
Target - $1.65
β’ We will avoid short position because it can bounce back any time due to formation of multiple support levels.
β’ From the previous trade you would have gained good profit it had dropped 20% from our target, we will now wait for it to come back to it' support level i.e. $1, formation of a green candle at the support will indicate bullishness thus we will long our position.
Target - $1.65
β’ We will avoid short position because it can bounce back any time due to formation of multiple support levels.
Bitcoin Drops to Three Week Low as Global Markets Turn Risk Off
https://www.bloomberg.com/news/articles/2022-08-19/bitcoin-drops-as-much-as-8-3-part-of-broad-crypto-selloff?utm_content=crypto&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&cmpid=socialflow-twitter-business
https://www.bloomberg.com/news/articles/2022-08-19/bitcoin-drops-as-much-as-8-3-part-of-broad-crypto-selloff?utm_content=crypto&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&cmpid=socialflow-twitter-business
Bloomberg.com
Bitcoin Drops to Three-Week Low as Global Markets Turn Risk Off
Cryptocurrencies suffered a sharp selloff as global markets retreated on the back of growing uncertainty about the direction of monetary policy.