Breaking:-

🇺🇸 SEC says spot Bitcoin ETF filings are inadequate.

Reason for Sudden Bitcoin and Alts Drop

@CryptoTrades

PLEASE NOTE:-

THE SEC HAVE NOT REJECTED THE BITCOIN SPOT ETF. THEY HAVE JUST ASKED BLACKROCK AND FIDELITY TO NAME THEIR EXCHANGE & SOME OTHER INFO ON THE APPLICATION

FIDELITY WITH $4.5 TRILLION AUM
OFFICIALLY RE-FILED ITS BITCOIN
SPOT ETF WITH THE SEC

THEY WILL NOT STOP UNTIL THE
ETF IS APPROVED

@CRYPTOTRADES

Good Morning Beautiful Peeps.

I was on vacation for last four days so couldn't post much. Will be posting Bitcoin Setups today along with some Trendy Altcoins like BCH, LTC and which coins might follow them. Also an update on BTCDOM will be issued and which will be good levels to long it on Binance Futures

Stay Tuned World 🌎

@CryptoTrades

📊 Bitcoin Chart Analysis 📚

Time Frame - 4 Hour (LTF)

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

After that Impulsive move on june 20-21st, Bitcoin broke out of Previous Range and created new Range between 29.5k -31.5k. Expecting large Operators to develop this type of Price action with potential double Top (Blow off) pattern.

Entry should be around 31.5k with Invalidation of H4 close above 32.5k

Target - 30.3k/ 29.5k

@CryptoTrades

We are witnessing the largest decline in #Bitcoin exchange inflows and exchange supply in history

@CryptoTrades

📊 Altcoins Chart Analysis 📚

Coin - eCash (XEC)

Pair - 1000XEC/USDT

Time Frame - Daily

https://www.tradingview.com/x/tv53kn4b/

Following the recent hype of Bitcoin Cash amid its listing announcement by EDX, the digital asset exchange backed by Wall Street giants Fidelity, Citadel and Charles Schwab, a week later we saw nice reaction from XEC. XEC surged 150% from its bottom on June 10th smashing many significant resistances in between in one go. Expecting it to fall a little lower and consolidate a little between Fib 0.5 and 0.618 levels and then bounce for next leg up. FYI, Ecash (XEC) is a cryptocurrency designed to function as electronic cash. It's a rebrand of bitcoin cash ABC and was created by a team led by the lead developer of bitcoin cash (BCH), Amaury Séchet.

Accumulation Zone - 0.028$ ~ 0.032$

Stoploss - 0.024$

Targets - 0.035/ 0.038/ 0.044/ 0.052/ 0.058/ 0.065$

@CryptoTrades

📊 Bitcoin Chart Analysis 📚

Time Frame - 4 Hour (LTF)

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

Bitcoin pumped as shared in previous post. Though it dumped from a little lower levels than I anticipated. I still am expecting it to go 31.5k-32k, Grab liquidity, make retailers fomo and then gets rejected. So no point shorting here at 31k. Place your bids as directed between 31.5-32k region

@CryptoTrades

📊 Bitcoin Chart Analysis 📚

Time Frame - 4 Hour (LTF)

https://www.tradingview.com/x/9qr1YrSw/

Move was well planned and predicted but unfortunately for our entry trigger missed by 100-200$ but that's ok as long as we don't lose money there are plethora of trading setups & opportunities available in the market. This is no trade zone for Bitcoin for me. I will be a Buyer at 29.5k. Placing Stink Long Bid at 29.5k

@CryptoTrades

https://www.tradingview.com/x/9Vzi4ObR/

As expected, XEC fell towards our Accumulation Zone. Good to grab some and DCA all the way to 0.028$ as stated in previous Post.

@CryptoTrades

https://www.tradingview.com/x/TNU1n4J0/

XEC ripping Hard. Similar Setup will be posted next

Stay Tuned

@CryptoTrades

📊 Altcoins Chart Analysis 📚

Coin - FIL (FIL/USDT)

Time Frame - Daily

https://www.tradingview.com/x/ICyt4LRj/

Expecting this kind of Price Action with Fil if Bitcoin Bulls manages to keep it above 29.5k

@CryptoTrades

https://www.tradingview.com/x/l9D9pRWT/

📊 Bitcoin Chart Analysis 📚

Time Frame - 4 Hour (LTF)

Its happening a little late after grabbing liquidity at 30.2k by causing some fears into minds of retailers but its happening. The way bulls have created last H4 candle, I am not interested in shorting this Bullish Impulsive candle. All the pain of last 15 Red H4 candles vanished in next two just like its happening since beginning of 2023.

Will issue Short or long Setup once i see confirmation in Price Action. Till then, play the trendy Altcoins i've been posting alongside.

@CryptoTrades

Bitcoin Long Filled entry and running in profits 🍾

@CryptoTrades

FIL Update

https://www.tradingview.com/x/dK7VXKEe

FIL is landing on Demand Zone. I expect a move like XEC from this one. Good time to get some.

Targets - 4.65/ 4.90/ 5.40/ 6.25/ 7.50$

Invalidation only if btc loses 29k as currently the whole Crypto industry is Bitcoin Dominant

@CryptoTrades