Crypto Trading Signals®️

Important Bitcoin Update Shared.

$BTC UPDATE This is a bad sign for bitcoin. Stablecoin dominance after this daily close above 0.177% has fully flipped this long term daily resistance into support first time after May. Even if there is a retest back at 0.177% which is now a big support, expect the index to move all the way to 0.211% which is most likely $75K - $73K support for bitcoin. But remember that this support retest + the $87K retest is a perfect shorting opportunity for anyone who missed out on this complete move.

$BTC UPDATE Bitcoin after losing the support at $87K is in free fall. Next stop is $75K, we’ll place our short limits after the daily close at $87K.

$ETH UPDATE Stopped out on this $ETH long. Quite clear at this point, we are just having a continuous formation of LLs and LHs, so won’t be touching the buy button anytime soon honestly.

THE WAIT IS OVER, MAIN BLACK FRIDAY'S HUGE DISCOUNTS HAVE STARTED 🔴You can purchase and reserve them if you don't want to use them now or if you already have a subscription🔴 🔥 45% DISCOUNT ON ALL PREMIUM PACKAGES MONTHLY: from $‌6‌0‌ to $32 QUARTERLY: from $‌1‌8‌0‌ to $99 YEARLY: from $‌7‌2‌0‌ to $396 LIFETIME: from $‌2‌0‌0‌0‌ to $1189 📴 35% on Mentorship Lifetime: From $‌1‌0‌0‌0‌ to $650 You can easily purchase these packages from the site with a card or crypto💳 Hurry up, this is the biggest discount of the year and it may not happen again, spots are limited To purchase these packages from the site⬇️ 🔗 https://www.foxian.org/subscriptions (Click on the website link above 👆 and find the subscription packages on website)

$ETH UPDATE Keeping the SL on our $ETH long a 4H close below $2864, just want to make sure it’s not a sweep of previous day low and actually a new LL.

BULL MARKET IS OVER — Crypto Apocalypse Has Begun!📊 Don't miss today's important Livestream by Sherlock ⏰ TIME: 2:45 PM UK (1H LEFT) LINK https://www.youtube.com/live/gd00w4TgUQQ?si=h4ZU-CKkNtOWNRXQ

$BTC UPDATE The fed cut in December is now priced in only at 31%. This further drop in probability happened after the release of FOMC minutes and confirmation that October’s job market data will not be reported which just adds more to the uncertainty about the overall situation of economy. With no fresh labour market data available, we lose one of the most important indicators right before the December meeting and when there is uncertainty about the data, the Fed usually always prefers a more cautious approach. Also, the FOMC minutes released yesterday show a clear divide. Some members still support easing, but a significant number believe a December cut would be premature. And don’t forget we are now also approaching the end of QT. We are still 20 days away from the next meeting and even there is a big move upside on bitcoin going into this meeting, I would still like to short as fundamentally speaking, we all know it’s not a good sign, even in the near term too.

$BTCDOM UPDATE Bitcoin dominance at this moment is trading below the $4550 resistance, the same range that index has been tradimg inside for almost 2 weeks. Now that there is a symmetrical triangle in formation with big ascending and descending trendline in place, I believe there is going to be a breakout in a day or two. Break above this descending trendline and I am expecting index to finally reach $5000 resistance. Lose this ascending trendline and $4200 is the next support. In any case, it’s going to be really important for altcoins as it could mean a huge pump or dump in a day or two. For the daily bias, we’ll continue to trade this range. I warned yesterday not to open any longs since dominance was at support and wait for it to reach $4550 resistance. Now that we are sitting close to the resistance, the bias today for altcoins will be cautiously bullish to neutral.

$ETH LONG Entering an $ETH long here at $3027 with stoploss at $2864, targeting $3335 from here first.

Don’t forget, NVDA is set to report Q3 earnings after the close today (in ~2 hours). Big moment, especially with all this AI bubble chatter. And since our digital gold aka bitcoin behaves more like a mid-cap tech stock (my apologies), expect some volatility.

$BTCDOM UPDATE $BTCDOM has reached the resistance but most likely a bigger trendline breakout is coming next. Be careful holding any longs here.

$BTC UPDATE One of the most important chart to keep an eye on for the next few days is of stablecoin dominance (the manually calculated one). Price for this index has been trying to reclaim the level it broke through back in May and it has not shown no signs of weakness over the last few days. Bitcoin could much lower if this index gives a 1D close above the resistance today. Nevertheless, we’ll stick to the plan that I discussed this morning. A sweep of $89.3K followed by a quick move back above previous week’s low at $93K and we’ll long for a move towards $98K.

$BTCDOM UPDATE Big upclose candle at the support. As we discussed in the morning update, since $BTCDOM is at support, any drop in bitcoin price will result in altcoins taking a bigger hit. Now, we wait for the sweep of lows at $89.3K and for $BTCDOM to reach the $4550 resistance and go long there.

$BTC UPDATE If you look at the 4H structure of bitcoin, then nothing much has changed with last night’s rejection above $93.5K being just a simple rejection 0.65 Fib level or ideally the point where retracement (upside) ends starting another impulse move downside or a new lower low. Now, as I mentioned in my update yesterday, for a bottom formation look for signs, for example a double bottom formation at $89K weekly support just we had one at $74K to which this structure looks kind of similar but only if price sweeps this last low at $89.3K. So, my long trigger for bitcoin will be a sweep of major swing low at $89.3K followed by a move back above previous week’s low which will be a 4H close above $93K precisely to go long at CMP targeting $100K or so.

$BTCDOM UPDATE Good Morning Fam! So, $BTCDOM continues to trade at the $4400-$4350 support, it’s definitely looking weak and I was expecting a large trendline breakdown but thanks to this support that nothing much has changed and the index continues to consolidate here. Now, I see alot many people bidding altcoins left right and center anticipating bitcoin to have bottomed but you are ignoring the fact that $BTCDOM is still at support and for that reason, any drop in bitcoin from here back towards $89K and alts will take a larger hit. An ideal situation to go long would be if $BTCDOM is at resistance or break below support, not while it’s still at the support. My bias for altcoins today will be slightly bearish to the neutral side but not bullish because of this support. If the weakness actually results in index closing a 4H candle below this level, only then the bias will be bullish.

$BTCDOM UPDATE The range that we did identify during the last few days has been playing out on $BTCDOM with $4390 - $4350 being the key support level but an interesting development is happening. $BTCDOM seems to be breaking below this longheld ascending trendline but as I have said, the important thing to watch is either we break and close a 4H candle below $4350 or not and if we get that, alts may particularly benefit from any bounce on bitcoin chart. But for now $BTCDOM remains at support and there are no signs of index showing any weakness.

$BTC UPDATE As highlighted in our several of the previous updates, bitcoin had no real support till $89K. Now that price has finally reached the weekly support, you can see a bounce here especially considering that on weekly, this is the first retest of weekly support. But remember that the range is $89K - $85K, there can be a deeper retracement into this range, though little less likely. I do not like the fact that we have not seen any liquidation wick or such throughout this move, it has been a very sustained constant sell-off last few days and this is not a good sign. For any bottom formation here, we need to look for signs like 4H double bottom formation or such like there was one back in April this year formed at $74K resulting in a reversal. Next resistance levels are $92.5K - $93.5K and $97.5K - $98.5K. For any reversal, price would need to reclaim these levels one by one. Please note that whenever I am using the word reversal, it only refers to a relief bounce or lower timeframe structure change, this does not change the fact that price on 1D remains in a bearish trend and is far from flipping this structure, let’s not even talk about that part. Now, an ideal case scenario here would be price in the next few weeks after retesting this $89K - $85K range going for the $103K - $105K range where you can play a big short, the same one that we missed at $107.5K.