Dexter_The_Trader

Dexter_The_Trader Updated 

To answer this, I have divided it into two scenarios: Positive Scenario: BTC has closed at $52,137 daily, and the chart shows a nice BRB pattern (Breakout, Retest, & Bounce). This suggests the possibility of another parabolic move toward the $60k target. Negative Scenario: BTC has again closed below the GETTEX:52K range in the weekly timeframe. This increases...

Dexter_The_Trader

ATOM is forming a symmetrical triangle pattern, indicating a potential retracement between the blue box, followed by a possible bounce back. Action plan: Buy at the current market price (CMP) and consider additional accumulation within the range of the blue box ($9-$9.6). Set stop loss at $8.55. Leverage: 5x. Targets: $10.7, $11.18, $11.87, $12.62. Note:...

Dexter_The_Trader

HIFI is currently holding strong support at $0.5958, indicating potential for a 50%-60% rally. Action plan: Buy at the current market price (CMP) ($0.647) and consider accumulating more between $0.55-$0.59. Set stop loss at $0.52. Leverage: 3x-5x. Targets: $0.723, $0.813, $0.906, $0.995. Note: Accumulate gradually and use stop loss. Avoid trading with high...

Dexter_The_Trader Updated 

FIL/USDT Trade setup: FIL has broken above the symmetrical triangle and has the potential to go 14% more from CMP. Strategy: Entry: $5.18 to CMP. Target: $5.5, $5.7, $6. Stop Loss: $5.1 Leverage: 10x. Do your research before investing and use SL if you are taking this trade.

Dexter_The_Trader Updated 

CRYPTOCAP:BTC is still maintaining the rising wedge pattern and testing the support trendline. If BTC manages to hold the support line, then I expect BTC to bounce back close to the GETTEX:54K range. A breakdown and close below the support trendline will invalidate the bounce. Trade safely.

Dexter_The_Trader Updated 

Hello folks, the Bitcoin weekly close is here, and this week's close was at $48.3k. Is it positive? Maybe. There's no doubt that BTC performed quite well by remaining consistent with the rally since September 2023. With the current price at $48.1k, BTC might touch the $50k range within this week, but we also need to consider the negative parameters. As I...

Dexter_The_Trader Updated 

Looks like CRYPTOCAP:BTC is ready to head towards $50k. The daily close was at $47.1k, which is promising, and I am expecting BTC to reach $50k before the weekly close, followed by a possible rejection. When considering the support levels, $44k is set as the initial support.

Dexter_The_Trader

Hello folks, we finally have the daily close on #BTC at $44.3k, but the danger is not over yet. After yesterday's sudden bounce in BTC, the price took a pause close to $44.8k. This is the exact spot where in the past we had the shadows. If it is too good to be true, then BTC is likely to face rejection again. I would love to see Bitcoin breaking out all barriers...

Dexter_The_Trader

This is BTC right now. It must hold the $42.5k support in a shorter timeframe. If not, $41.8k- FWB:41K is expected. We have good support of 100EMA at $42.5k so let's see how it's gonna be.

Dexter_The_Trader Updated 

After two bearish candles, Bitcoin indicated a possible rejection. While we observed rejection in the lower time frames (LTF), the weekly chart reversed the entire scenario. Bitcoin transformed the bearish red candle into a green one, leaving a long lower shadow, and opening a new candle above $42k. This indicates some positivity in the market and the potential...

Dexter_The_Trader Updated 

BTC's daily close was at $39.5k, which is not a good sign, to be honest. BTC was expected to hold this level to remain bullish, but the weekly chart tells a different story. Now, the next move is anticipated to be a further drop toward the $37k level. How I wish BTC could turn this daily close into a fakedown and bounce back to $44k, LOL! Our strategy remains the...

Dexter_The_Trader

Hello traders, BTC has concluded its weekly close and unfortunately failed to close above the previous week's close ($41,700). The weekly close for this week was $41,583, and the current price stands at $41k. For two consecutive weeks, we witnessed a bearish close, forming a bearish shooting star and a bearish spinning top. These candle stick patterns raise...

Dexter_The_Trader Updated 

BTC is at the $41800 support level. It should hold this level or else $40k is likely to play off. Trade safely.

Dexter_The_Trader

BTC Update: The daily and weekly close was at $41.7k. This is negative, and BTC is most likely to drop toward $38k to $40k. However, on the 4-hour TF chart, we can observe something different. Whether you term it a candle of hope or anything else, BTC is forming a bullish divergence. If it plays out successfully, BTC may rally back to $44k or even higher....

Dexter_The_Trader

This might sound crazy, but hear me out. Following the recent approval of the Bitcoin spot ETF, we observed a notable price momentum in BTC and other altcoins. However, it's not entirely convincing for the sustained bullish rally of BTC in the short term. Just a few days ago, BTC struggled to break the $44k level, but now the price is trending at $46k. From a...

Dexter_The_Trader

The ETF news is creating positive waves, potentially impacting prices. BTC recently touched the $47k resistance, and approval of the ETF could propel it to $52k. However, be cautious as lower timeframes indicate a bearish divergence, suggesting a possible retracement to $44k. Remember to DYOR (Do Your Own Research) and stay ahead in the dynamic crypto landscape!

Dexter_The_Trader Updated 

BTC dropped -10% in the last 8 hours. This dump liquidated many long positions in the market. Currently, BTC is holding the FWB:42K support and it will be quite interesting to see how the next candle will be. With an hour left for the candle to close, I am expecting BTC to hold the FWB:42K support level and make an attempt to reach the $44k resistance level...

Dexter_The_Trader Updated 

BTC must hold the FWB:41K support range. In a worst-case scenario, we can expect a drop to $40.7k. Expecting a bounce-back and another attempt to touch the $44k ceiling. DYOR.