$BTC just has given a rejection wick at 4H chart frame and can give closing below EMA 200(61600)

What to expect Next ?

In my views , before monthly inflation rate announcement 14 august 2024 BTC will close near 61k and if inflation data goes against expectation then BTc will dump from this level to low. as investors are still waiting to see Inflation rate effect before investing in all over the world.

and this break out will be considered as fake. 🙂‍↕️

Education Purpose post;

Most of new traders , enter long positions or buy in spot after seeing green candle immidiately after a big red candle.

Bro Crypto Doesnt work like this. If you do Scalp trading for 3-5 minutes then this strategy is fine.But 99% cases this strategy is wrong.

This is BTC 1H chart , See the selling pressure just above 1 green candle and most of new traders will buy at this point considering it a good entry but look how market responded immidiately after your buy. Most of cases market immidiately reverses back .

So ,Suggestion is dont panic or get victim of FOMO , Just wait and watch for atleast 4 hours after such dump .in these 4 Hours market will try to find a support and you will also get an idea if there is any more selling pressure or not.

There are alot of other things contribute while buying after such dump but i think the above mentioned points will save you from alot of losses and will make your investment decision better..🙏

$BTC $ETH $SOL

Previously when BTC reached to 59,500 level on 18 april 2024 , BTC pumped by $7500 in price in 6 days and gave a weekly closing at 67200 and then reversed back to 56,000.

On 4 March 2024 BTC reached to 59500 level and then pumped by $14,400 in 10 days and gave closing above 73,000 and then reversed back to 60,000.

I consider this 59k range support a high level support .

Do your own research before taking any investment decision.

$BTC $ETH #BTC

So Story of the day , BTC did not give a chance to open shorts.

Let me say you one thing , "Dont trade against the trend"

73,600 acted like a resistance point, Remember , If BTC has to go upside such as 74k , 75k or at any high , BTC has to cross 73,600-73,900 zone.

Short only around this price if you like to trade with stop loss , otherwise dont risk your wallet.

Buy at 72k only when you can risk your wallet balanace and you like to put the stop loss on right place.

Otheriwse avoid,As BTC will move between 73900-70,000 range for upcoming days .

Weekly closing of BTC will be a decider about next move of BTC....

$BTC $ETH $SOL

BTC has crossed 70,000 😍❤️

What a day again

$BTC $ETH

Will BTC manage to give a weekly closing above the historical resistance trend line at 69,500?

It doesnt look possible for this week closing , but who knows for next week closing above 69,500 or 69,900.....

We did not have break out of BTC in this week too above 69,500-69,900. But we can not say BTC is going down from here , it is the start of new month now and Hopefully we get some big move in November 2024....

For now based on daily candle closing , If daily candle closing 5am (PK Time zone) happens above 68,350 Then next obvious move of BTC will be towards 69500 . at that point we will be in a position to say if a break out is going to happen or not.

Till that , Trade safe ❤️✅

$BTC $ETH $SOL

there is nothing like sudden profit in trading , trading is not gambling , It requires patience to achieve the targets.

The signal was provided 2 days back.

Congrats to all who achieved this much Target on my call.

$BTC $ETH $PEOPLE

Dogs can quickly fall to 0.0048 -0.00046 to grab quick liquidity. just watch BTC move before taking any short and long.

$DOGS

How do you rate the accuracy of my analysis ???

Yesterday posted about ETH
Today Executed the ETH trade ❤️🙏

$BTC $ETH $SOL

$PENDLE can pump to 5.5 from 4.1 to 4.4 range.

If we see daily chart , There is a break out of Candle on resistance trend line .

on Succsessful break out retracement at 4.1-4.4 Pendle can rise to 5.5 .

Analyse this accoridng to your risk and trade strategy ,.

$BTC $SOL

SOL gave break down at 4H tine frame and holding EMA 50 Support at 4H time frame once it is broken SOL will move towards EMA 200 support zone at 4H.

at daily time frame , SOL also showing break down of trend line support. Confirmation of Daily supoort break down will be on Closing of candle at 5 am (PKT).

If closing happens below my trendline , i will assume this a break down of support zone and to me , we will soon see SOL around 150-

This is not a signal , this is the analysis as per my knowledge of chart . For trading make your own signal accoridngly.
$BTC $ETH $SOL

BTC in Dangerous mood ❤️❤️🫡

Up exactly from my trend line .

I am again motivating you to learn BTC chart. Dont follow anyone's trade .

I took 4 Trades today based on chart analysis , all closed in more than 90% profit .

$BTC $ETH $SOL

This is how i trade On BTC

I created a signal and shared with my team today for short on BTC.

I always trade with stop loss , so my stop loss is at 69,900 above this level if BTC will give weekly closing , then surely My Short trade will be closed in loss. But frankly , There are less chances .

BTC can touch 63k . before going upside. I can be wrong , but its my analysis.🙏

$ETH $SOL $BTC

IF SOL gives break out above 182 and manages to give weekly closing above 182 then SOL will go to 197 or above 200.

$SOL

Accurate Signal , going in profit ❤️✅

Who took this trade?
$BTC $PEOPLE

$PEOPLE is going to fall to 0.073 soon....

IF $ETH daily candle closing happens below 2560 You will See ETH soon to 2300 range.

$BTC $ETH $SOL

$HMSTR can pump to 0.0038

However Consider BTC movement as well. You cant trade any shit coin without considering bitcoin.

$BTC $ETH

Feeling Sad for those who bought at $8 or $7.

Whale manipulation.

$UNFI

How was this update on BTC ? Who traded based on this?

Hope you made profit through this.

$BTC $ETH $SOL