CryptoSlazy

THE END OF BNB? Well it's not the end of BNB, but there is potential risk, no bigger investor is willing to invest at this price. We will see BNB around $38-85 this is the golden buy zone !!

USD.D dominance update USD.D dominance update Now we are at crucial level of USDT.D dominance. we need to get below 7.55% level as soon as possible. (to continue altcoin continuation) if that didn't happen, we are probably doomed, other case scenario we would get back to 8.11% which will decline the altcoin marketcap into further blackhole. this will nuke the marketcap

USDT.D dominance is not looking good it looks like alt are about to bleed more, first resistance is around 8.11% and next one is around 8.50% if that happens alt will get rekt becareful :) i will be updating this thread time to time - SlaZ

Altcoin Apocalypse: Is This the End of the Crypto Revolution? Unfortunately, Altmarket cap isn't looking promising at the moment as we have just broken out of the head and shoulders neckline. This is a bearish signal for the market. What can we expect next? Based on the current price action, it is likely that we will retest the neckline as a resistance level. If the price fails to break above this level, it could confirm the validity of the breakout and lead to a further decline. In such a scenario, we might see the market cap dropping all the way back to the 501B level, which is a significant setback for the altcoin market. It is crucial to monitor the 500B level closely. This level acts as a key support, and if it is breached, it could trigger a more pronounced downtrend, pushing the market into what some traders refer to as an "oblivion black hole." To help you navigate these uncertain market conditions, I will provide periodic updates to keep you informed and minimize potential losses. Remember to trade cautiously and make informed decisions based on market analysis.

BTCUSD: Revisiting Key Support at 21500 BTCUSD (Bitcoin) I expect BTCUSD to revisit the key support level at 21500 in the near future. A rebound from this level would signal a potential uptrend, with a target of 26k after breaking through the key resistance at 25200. If the support level at 21500 fails to hold, we could see a deeper correction, with a potential drop to 19k or lower. Therefore, it's important to closely monitor the price action around this support level. In summary, my trading idea is as follows: Entry: Buy at the sub-21500 level with a stop loss below 19500 Target: 26k Invalidation: A sustained break below 19500 Please note that this is just my opinion and not financial advice. Always do your own research before making any trading decisions.Comment: this idea also held up pretty well :) kudos to those who traded with me :)Comment: So far this idea is working out as expected, i am expecting a pullback to 24.9k then we will go straight up :)Comment: so as i predicted exactly, btc got rejected from 30k we are going to visit 24.9k if that didn't workout we will probably even go lower to sub 21k level or 20k.

The end of sushi ?? The market's current outlook for SushiSwap (Sushi) is on the verge of a potential liquidity grab within the 0.50-0.59 price level range. In other words, the market is poised to trigger a selling or buying spree within this range, which could lead to a significant price movement in the near future. The chart for SushiSwap currently exhibits a very unappealing trend, leaning toward the bearish side. This suggests that the market sentiment is pessimistic, with more investors betting on the price to fall rather than rise. Bearish trends are typically characterized by lower highs and lower lows, indicating a downtrend in the price. This condition is not favorable for those who are long on the cryptocurrency. However, it's important to remember that these trends don't immediately translate into action. The market still awaits the breakdown of this bearish pattern. A breakdown occurs when the price of an asset falls below a support level, often a significant psychological level, confirming the bearish trend. This is a critical phase as it provides a more solid foundation for a bearish market prediction. Once this bearish pattern is confirmed with a breakdown, that's when we might consider a more aggressive short position. Shorting, or betting that the price will go down, can be a risky strategy, but it can also be profitable if the market continues in the anticipated direction. In this context, we have set three target prices (TP) which are points where we may consider closing our positions to capture profits or limit losses. The first target price (TP1) is at 0.70, indicating that if the price were to rebound to this level, we might consider closing our positions. This would protect against the risk of the market reversing its bearish trend. The second target price (TP2) is at 0.59. This is in line with the initial range we discussed, and if the price hits this level, it's a sign that the market is moving as expected, and we could consider taking some profit off the table. Lastly, the third target price (TP3) is at 0.49. If the price reaches this level, it would be a strong indication that the bearish trend is fully in play. At this point, we could consider closing the rest of our short positions to capture the maximum potential profit from this trade. But again, it's critical to monitor the market conditions closely and adjust strategies as needed.