📊 Altcoins Chart Analysis 📚

Coin - FTM (FTM/USDT)

Time Frame - Weekly

https://www.tradingview.com/x/AHEKDuB4

FTM, one of the strong fundamental coins that has fallen back to weekly demand zone after that Impulsive 4x move since Jan beginning. This phase is similar to Phase between Anger and Depression of psychology of market cycle by wall Street. Though a retest of Yearly Open at 0.2$ is very much likely, therefore this Trade by all means is a positional buy setup and make take 2-6 months to mature

Accumulation Zone 0.16 ~ 0.245 (Current price)

Targets - 0.28/ 0.32/ 0.4/ 0.7/ 1.40

Invalidation - Daily close below 0.15$

@CryptoTrades

This week will prove how much Power USA Still holds over Crypto. Some significant upcoming events:-

- US CPI on Tuesday the 13th 12.30 GMT
- US PPI on Wednesday the 14th 12.30 GMT
- Fed's interest rate decision on Wednesday the 14th 18.00 GMT
- FOMC press conference on Wednesday the 14th 18.30 GMT
- ECB interest rate decision on Thursday the 15th 12.15 GMT
- US Retail Sales on Thursday the 15th 12.30 GMT
- US Jobless Claims on Thursday the 15th 12.30 GMT

@CryptoTrades

Breaking:-

US Congressman officially files bill to fire SEC Chair Gary Gensler.

Good move Congressman 🔥

@CryptoTrades

Unpopular Opinion:-

We are still in an uptrend when it comes to Bitcoin weekly/ Daily charts. Ignore the noise. Trade level by level.

Meanwhile I'll be forwarding a Premium Channel trade for free next (like i shared btc short on June 10th).

Remain alert

@CryptoTrades

Premium Trade

Entering #SAND Buy Setup in two entries at 0.36 ~ 0.3916 (Current Price)

Stoploss - 0.33$

Targets - 0.415/ 0.44/ 0.47/ 0.50/ 0.60$

@CryptoTrades

https://www.tradingview.com/x/XA8K5Qgw/

FTM 8% from entry so far. Take some profits and adj SL to entry as its crucial manipulative week ahead

@CryptoTrades

Consensus for Year To Year Inflation rate for May 2023 is 4.1%. Data will be released in an hour.

Expecting some volatility to hit the Market so leverage trades are not recommended for the time being

@CryptoTrades

BREAKING:

US inflation falls to 4%, lower than expectations.

@CryptoTrades

Breaking :-

🇰🇪 Kenya's President calls for African nations to ditch the US dollar for trade settlements.

@CryptoTrades

Bitcoin update coming !!!

📊 Bitcoin Chart Analysis 📚

Time Frame - Daily

https://www.tradingview.com/x/1qKRWJyA/

Well Bitcoin finally fell below 25k even after yesterday's Interest rate pause by FED. Bitcoin is following textbook Price Action. Impact of all political & fundamentals events has duly been incorporated into its Price Action. Yesterday btc broke May Low levels and printed bearish impulsive candle causing price to fall below Fib 0.382 as well. Meanwhile we are making last corrective wave C of Elliot wave theory which will likely find its bottom anywhere between 23.2k (Fib 0.5) to 24.8k.

What to expect in Short Term ?
As long as we are above 24.7k, Expect bitcoin to make bearish retest of May Low at 25.7k delivering some pain to late shorters before next leg down.

Trading Tip:-

In these type of challenging market scenarios for Altcoins, Bitcoins is the true safe haven. If you guys manage to survive 2023 crypto winter, you guys will deserve all the gains Bitcoin delivers when it gets hot around halving season in 2024. Good to start Spot accumulation with lower bids at 23.5k.

@CryptoTrades

Interesting Fact :-

Stablecoin Depegs/Fuds has usually resulted in forming local bottoms.

https://www.tradingview.com/x/o6ZIjup2/

What do you guys believe ?

@CryptoTrades

Bitcoin Scalp Long

Entry - Current Price 25k

Stoploss - 24.6k

Targets - 25325/ 25.7k

@CryptoTrades

Premium Channel longed the bottom

Contact @theaudiemurphy to book your slot

https://bit.ly/TheAudieMurphy

📊 Altcoins Chart Analysis 📚

Coin - ID (ID/USDT)

Time Frame - 4H

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

ID forming Reversal Candles. Has good amount of Fair value gaps to the upside, few of them i believe will be filled if btc doens't lose 25k

Nearest Resistances :- 0.32/ 0.34/ 0.36/ 0.40/ 0.45$

Invalidation - Below Key Low 0.247$

@CryptoTrades

https://www.tradingview.com/x/0kTRlHIl

👁️ Eyes on FET 👆

@CryptoTrades

Breaking:-

🇳🇱 Binance shuts down operations in Netherlands owing to Failure to obtain License

@CryptoTrades