#BTC UPDATE:
BTC weekly closure was above 65k which is a positive sign.
Now BTC has reached the the next strong resistance level which is the 67500 level BTC has faced a rejection from this level in the past.
Now for the further bullish momentum BTC needs to flip the 67500 resistance level to target the higher level of 70k.
The Next strong support level for the BTC will be the 65k level in case of a rejection.
@ChartsSignalsTrading
#FARM/USDT Trade 4 Target reached
🟢Target 1 5.00%+✔️
🟢Target 2 10.00%+✔️
🟢Target 3 14.00%+✔️
🟢Target 4 25.00%+✔️
💰Profit: 25.00% Gain
⏰ Period: 1 Day.
@ChartsSignalsTrading
#FARM/USDT Trade 2 Target reached
🟢Target 1 5.00%+✔️
🟢Target 2 10.00%+✔️
💰Profit: 10.00% Gain
⏰ Period: 1 Day.
@ChartsSignalsTrading
#POND/USDT Trade 4 Target reached
🟢Target 1 4.00%+✔️
🟢Target 2 7.00%+✔️
🟢Target 3 11.00%+✔️
🟢Target 4 20.00%+✔️
💰Profit: 20.00% Gain
⏰ Period: 2 Days.
@ChartsSignalsTrading
Greeting Everyone,
After running the Poll for 24hr most of our members were interested in the analysis of Matic. Here is the detailed analysis of Matic.
Matic given move right from the daily demand zone from where it given reversal many times in the past + also had a successful breakout.
The upper rectangular region marked in the chart is the next strong resistance level for the Matic EMA's are also acting as strong resistance there.
For Matic to continue its bullish move it needs to flip the resistance level.
Thanks
@ChartsSignalsTrading
#ATOM Analysis :
ATOM currently moving along rectangular support price has taken reversal several times from here.
Currently it is facing trendline resistance for the bullish momentum it needs a breakout.
For the ATOM to continue its bullish momentum it should hold the key level of $7.200
@ChartsSignalsTrading
#HBAR/USDT Trade 2 Target reached
🟢Target 1 10.00%+✔️
🟢Target 2 15.00%+✔️
💰Profit: 15.00% Gain
⏰ Period: 8 Days.
@ChartsSignalsTrading
Choppiness is a part of the markets. It is a very frustrating period, and usually, traders blow their accounts due to choppiness lasting for some time before an expansion in the price occurs.
The best strategy for dealing with choppiness is capital protection at all costs.
1) If you are experiencing drawdown during this period of bitcoin choppiness and the recent drop, just comfortably sleep on it.
2) If you want to accumulate some, yes, you can do so in portions.
3) If you don't have any fiat for DCA or if you are all in, just comfortably sleep on the spot, close the screen, and hold your bags.
Trading/Investing is purely a psychological game. As human beings, we are emotionally attached to the candlesticks due to our money being at stake behind every buy/sell, there is emotion attached.
The last 1.5 months have been choppy in the market. Hopefully, we will reverse soon, but expect some more pain before the reversal. Survive through it.
@ChartsSignalsTrading
#INJ ANALYSIS:
INJ is respecting the daily demand zone on daily given rallies from here in past
But currently facing trendline resistance for the bullish momentum it needs a successful breakout.
For the Inj to give bullish move it should hold its key level support of 21.00.
@ChartsSignalsTrading
#KMD/USDT Trade 1 Target reached
🟢Target 1 4.00%+✔️
💰Profit: 4.00% Gain
⏰ Period: 9 Hours .
@ChartsSignalsTrading
#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
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#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 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
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#FARM/USDT Trade 3 Target reached
🟢Target 1 5.00%+✔️
🟢Target 2 10.00%+✔️
🟢Target 3 14.00%+✔️
💰Profit: 14.00% Gain
⏰ Period: 1 Day.
@ChartsSignalsTrading
#ASR/USDT Trade 3 Target reached
🟢Target 1 4.00%+✔️
🟢Target 2 7.00%+✔️
🟢Target 3 10.00%+✔️
💰Profit: 10.00% Gain
⏰ Period: 5 Hours.
@ChartsSignalsTrading
#POND/USDT Trade 3 Target reached
🟢Target 1 4.00%+✔️
🟢Target 2 7.00%+✔️
🟢Target 3 11.00%+✔️
💰Profit: 11.00% Gain
⏰ Period: 2 Days.
@ChartsSignalsTrading
#POND/USDT Trade 2 Target reached
🟢Target 1 4.00%+✔️
🟢Target 2 7.00%+✔️
💰Profit: 7.00% Gain
⏰ Period: 1 Day.
@ChartsSignalsTrading
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#POND/USDT Trade 1 Target reached
🟢Target 1 4.00%+✔️
💰Profit: 4.00% Gain
⏰ Period: 7 Hours.
@ChartsSignalsTrading
#HBAR/USDT Trade 1 Target reached
🟢Target 1 10.00%+✔️
💰Profit: 10.00% Gain
⏰ Period: 8 Days.
@ChartsSignalsTrading
USDT.D UPDATE:
USDT.D rejected right from the weekly 21 Ema resistance as mentioned in the previous update.
Now it has approached its strong level where EMA's are also aligning as a strong support. For the further bullish momentum for Btc and Alts Usdt.d needs to break this strong support level.
If USDT.D gives reversal from this region then Btc and Alts may face rejection.
Today's closure for Usdt.d is very crucial so keep a close eye on it.
@ChartsSignalsTrading
#KMD/USDT Trade 3 Target reached
🟢Target 1 4.00%+✔️
🟢Target 2 7.00%+✔️
🟢Target 3 10.00%+✔️
💰Profit: 10.00% Gain
⏰ Period: 22 Hours .
@ChartsSignalsTrading
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#USDT.D UPDATE:
As mentioned in the previous update USDT.D has reached the resistance level where Weekly 21 EMA is also acting as resistance USDT.D rejected right from it.
Now What's Next?
The next strong demand zone is the rectangular region marked in the chart the EMA's are also acting as a strong support there. For the bullish momentum in BTC and Alts USDT.D needs to breakdown this strong EMA support level.
If USDT.D gives upside move from there again we will again see BTC and Alts to bleed so until the condition is not cleared + CPI coming tomorrow so volatility is expected.
@ChartsSignalsTrading
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@ChartsSignalsTrading✔️
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