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

Big Breaking

🇺🇸US unemployment rate increases to 3.7%.

Expected was 3.5%

Market will likely give us some dips to buy. I'll post when to buy

@CryptoTrades

📊 Altcoins Chart Analysis 📚

Coin - REN (REN/USDT)

Time Frame - Daily

https://www.tradingview.com/x/2fQGwLZM

Ren has fallen back to Nov 2022 Critical support which is expected to be held atleast on this touch. Bullish Engulf candle on June 2nd had the entry trigger and Double bottom pattern is making it a Tempting Buy.

Nearest Resistances :- 0.08/ 0.088/ 0.1/ 0.12/ 0.15$

Invalidation - Daily close below 0.07$

@CryptoTrades

#BTC UPDATE

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

Happy Monday Guys. Fresh Week, Fresh Lines for Bitcoin. As you guys can witness in this hart, there is no reason to panic at this 2% sell off making it typical Monday Correction. If we reclaim Fib 0.618, then this will likely be just another HL and BTC might be getting getting for inevitable move towards 29k.

Nearest Resistances : 27.1k/ 27.4k/ 28k/ 29.2k

Break of 26.4k will invalidate Bullish Scenario

@CryptoTrades

Breaking:-

JPMorgan & Indian Banks Launch Blockchain Platform For 24/7 Interbank Transactions

@CryptoTrades

Metaverse and gaming seems like next narrative. Holding strong in this falling Market. Will be posting analysis on two or three of such Coins tonight

@CryptoTrades

SEC wants to kill Crypto

@CryptoTrades

Binance has legitimately replied to allegations by SEC. While the rest of the world moves into the digital age, the SEC is actively holding the US back at a time where the US has never looked so vulnerable.

The US needs some serious restructuring of their government if they want to stay in the number 1 spot on Earth.

Moreover Always remember 4.
After all it was time to spread some FUD, we almost started missing them.

@CryptoTrades

📊 Bitcoin Chart Analysis 📚

Time Frame - Daily

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

I see alot of people becoming bearish after Yesterday's steep fall, thanks to SEC's latest allegations on Binance. However, i don't see bearish price action here. Volume on fall orchestrated by News was Still on lower side. Also, a clear MACD bullish divergence is being formed here.

Though revisit of Area of interest at 24-25k & further retest of Daily MA200 remains a possibility, but I don't see it happening too soon.

I expect btc to Retest June Open in confluence with Descending trending and then fall back to AVWAP line from Yearly Open making a ih&s before continuation towards 28-29k as drawn in chart. So I Still believe we see 28-29k before we see 23-24k

Do share your views on what might come next

23k 🔥

28-29k ❤️

@CryptoTrades

The Revolutionary Changpeng Zhao - CZ ❤️

@CryptoTrades

Big Breaking :- SEC sues Coinbase too. Good timing of the news though.

@CryptoTrades

Just remember one thing

Just like Bullish news at top are traps and probably means distribution, same way bearish news at bottom are tricks to buy Things at cheaper price.

Trade the chart, not the news. I stand with the path I've drawn as long we are above 25k

@CryptoTrades

Hope you guys followed yours truly #AUDIE

Take 50% Profits here and adjust stoploss to entry. Nailed this whole move while some so far expert influencers were shorting at 25.5k

@CryptoTrades

📊 Bitcoin Chart Analysis 📚

Time Frame - 4 Hour

https://www.tradingview.com/x/SCi229ox

Putting macro bias aside, Let's have a look at Bitcoin Low time Frame chart level by level. It took few candlesticks to breakout of May's Low but after its breakout, it was turbo move up and Previous week low was taken out in next Candle itself. Here comes the moment of Truth. There's whole lot of Resistances waiting for Bitcoin between 26.9k to 27.1k so I dont expect a pump out of this range in Impulsive way. As long as Bitcoin is above May low (preferably above PW Low), expect it to grind slowly towards resistance, have some rejections and if no more bad news roll out, then Bounce towards 28-29k region.

PS :- Closing below May low will make things nasty. So watch these levels and design your trades carefully ❤️

@CryptoTrades