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

Breaking :-

SEC seeks restraining order to freeze Binance US assets. These Clown 🤡 are destined to dethrone USA as world's most dominant Economy for whatever reasons stated.

Who do you stand with here

Binance and Coinbase ❤️

SEC 👍

@CryptoTrades

Trading Tips :-

Tweezer tops and tweezer bottoms are dual candlestick formations that represent a reversal.

Tweezer tops consist of a bullish candle with a large upper wick followed by a bearish candle with the same length wick. This suggests a bearish reversal is approaching!

Tweezer bottoms are opposite and it imply a bullish reversal is approaching!⠀⠀

I want you guys to have a look at this and then check last daily Candle close in Bitcoin Chart (With higher volume). You'll get your answers what to do next

@CryptoTrades #education #tweezertops #tweezerbottoms

Isn't it called Insider Trading ?

Just asking

@CryptoTrades

Binance_US will cease trading on Select advanced trading pairs on June 8th.

USA people, you can remove your funds from binance. This is not FUD but a cautious advice as SEC has gone mad. Decentralised Exchanges are lender of final resort

@CryptoTrades

One of our members shared it with me and it makes perfect sense. They did everything to chop off retailers hard earned much. Sadly such are the state of affairs of biggest economy in the world

#Shame

@CryptoTrades

Things are Escalating. Bnance CEO CZ has been order to respond/answer the summons of a U.S. District Court along with the other entities named in the case.

He does not have to appear in person but respond within the time frame below

@CryptoTrades