Grt Update

https://www.tradingview.com/x/LuLfk0Pp

Grt triggered first Resistance. 8% Un-leveraged profits so far. Whoever bought with me, do the drill

@CryptoTrades

A new narrative which we might experience in upcoming days with be CHINESE COINS.

Hong Kong’s move to allow retail trade in Bitcoin, Ethereum and other cryptocurrencies could go down as a historical masterstroke amid the hostile Crypto Market environment currently in the United States. Considering the geopolitical impact of Hong Kong and the ongoing enforcement actions against crypto businesses in the US, the timing also could not have been any better. The US financial markets are reeling with uncertainty around an impending regional banking crisis along with economic challenges like the debt ceiling concerns and rising inflation.

I'll be studying and hunting Chinese gems while the trend last. Also if you come across any Chinese coin listed on Big exchange, you can submit your charts to me @theaudiemurphy and I'll post analysis if I like

@CryptoTrades

📊 Bitcoin Chart Analysis 📚

Time Frame - 4 Hour (LTF)

https://www.tradingview.com/x/xP8JIUCM

Fresh Week. Fresh lines. Although I am Bullish but i don't do fomo buy the resistance. In daily we are approaching Descending trendline resistance in confluence with horizontal Resistance at 28.5k. Also we have Daily MA50 around 28.2k (lagging indicator describing short Term trend). So unless we clear 28.2ka-28.k cluster of resistance, it's no brainer to Long mid way. We already have long running from 26.4-26.5k levels.

Those who missed, I've drawn most probable scenario where we can go long. I'm hoping for a successful Retest of 27.4k resistance turned support. Will watch PA at those levels and if needed, will add to our longs.

Like our content? Enjoying Free Gains ?

Please Share our Channel with your
Friends and Spread Good word

@CryptoTrades

Bitcoin Long (Part II)

Equal Limit Entries:-
Entry 1 - 27555
Entry 2 - 27100

Lev - 5/10x

Stoploss - 26.8k

Targets - 27.9k/ 28.4k/ 29k/ 32k/ 35k

@CryptoTrades

Another Bitcoin Long nailed with Sniper entry. To book your slot contact @theaudiemurphy

https://bit.ly/TheAudieMurphy

I'll drop one or two Free Altcoin setup based on Recent China/Hongkong hype for you guys only if you guys help me deliver good engagement/reactions on this post and share with your friends

@CryptoTrades

📊 Altcoins Chart Analysis 📚

Coin - CKB (CKB/USDT)

Time Frame - Daily

https://www.tradingview.com/x/GafCU5DL

Pretty clean chart. Speaks volume about the quality of Demand/Supply management and market makers of this coin. FYI, CKB is the China's public blockchain chosen by BSN China. After bouncing off from Pivot support, now it's trying to flip MA200 in daily which is strong signal for Trend Reversal. Risk reward ratio is outstanding here.

Targets - 0.00382/ 0.0042/ 0.0046/ 0.0052/ 0.0064$

Invalidation - Daily close below 0.03$

@CryptoTrades

Ckb bounced 4.50% so far from our Entry. Though it's looking quite good here in daily TF but since it's monthly close today, we might see Good amount of volatility in Btc price action from large operators.

It is advised to Book partial or complete profits on your Altcoins and Bitcoin long setups.

A fresh Btc update coming in next post. Stay tuned

@CryptoTrades

Premium Trade #7

Entering #FET Long Setup in two entries at 0.258$ ~ 0.276 (Current Price

Stoploss - 0.249$

Targets - 0.29/ 0.304/ 0.32/ 0.34/ 0.40$

@CryptoTrades

Fet approaching First Target. Advised to book 20% profits here

@CryptoTrades

A few moments later.

Told you to take profits before the dump !!!

Stay ahead of the game always with @CryptoTrades

#BTC UPDATE

https://www.tradingview.com/x/a1DbjvPT/

As its month end like i said before, don't get killed by bitcoin volatility here. Just remember, Price action contains all impact of news, events & hypes & PA defy everything. So, lets come back to charts. Btc fell and broke Previous Range high & now back to choppy zone. Sky blue color highlighted marks confluence of various H4 supports which may result in bounce. Though i refrain myself from taking high exposures during volatility days but its good RR setup if we trigger 26.9k entry

@CryptoTrades

Guys. !!!

Don't blindly follow those who were ultra bull yesterday and were telling you to buy everything and suddenly posting everything bearish today. Don't fall in their traps. You'll used as exit liquidity for their shorts just like you were used for their longs.

Play Range by Range, Level by Level. We took profits today almost at peak. I'll update when we rebuy bitcoin and Trendy Altcoins (if needed)

@CryptoTrades

26.9k triggered as it looks like a relief Bounce. Whoever longed based on recommendation of previous post, can book some profits as it's month end plus we have got debt ceiling vote coming.

Reducing some exposure and adjusting sl to entry.

@CryptoTrades

Satoshi ❤️

@CryptoTrades

Breaking:-

Due to the CEO Zhaojun arrest and the Multichain treasury being backed by 30%, The Gate io team is having insolvency problems.

STAY SAFU AND WITHDRAW FROM GATE.IO For now 🚨

@CryptoTrades

FYI, Cocos has been rebranded to COMBO.

Those who were holding Cocos in their wallet till May 29th, will get equivalent amount of Combo tokens and they'll be able to sell them at utc 8 am today (2 and half hours from now)

Cocos price at the time of Delisting was 1.70$

For those who held Cocos, Expecting some good returns on this one as it's one of Primary Chinese gaming coin.

If we find any scalp opportunity on newly listed token, we'll take it

@CryptoTrades

US Dollar Index Analysis

#DXY

https://www.tradingview.com/x/Vy5ksn5e

Time Frame - Weekly

Dxy has been bearish at macro levels since forming that HH in Sep 2022. We have seen two relief Bounces in the meanwhile, one during Feb 2023, from 101 to 106 creating a Lower High at 106 and another Bounce in May due to double bottom structure but this Bounce doesn't seem adequate to take out previous LH at 106 and chart seems very bearish.

All that I can see is a Behemoth bear Flag in weekly time frame and Breaking 101 confirms the pattern. Expect it to break it in 2-6 weeks. If confirmed, Crypto & Stock market will sky rocket upwards.

PS:- upside breakout above 106$ will invalidate the pattern and things will go vice versa.

@CryptoTrades

My weekly Bitcoin Chart and Bias still remains same. A move towards 24-25k won't negate penultimate progress towards 35-40k. Third bullish impulse wave can kick off anytime now

Your view, What's comes first?

23k 👍

32k ❤️

I say ❤️

@CryptoTrades