Crypto Since '15 | Market Analyst + Investor | NFA DYOR #BTC #XRP LIVE Charting Friday's on X + YouTube! ⬇️ Trade with me!🔥twinsofcrypto.comJoined December 2015
bitcoin:native First resistance at $87k has been reached! ✅ HTFs are showing a bearish div on the RSI, but LTFs still look like it needs ONE more high... the chart shows how I think its going to develop.
I'm watching for the backtest at ~$83.5k... if it holds this level as support, I think after that is when #BTC could get ANOTHER push towards the $89k resistance... it WILL print bearish and could mark the top of this macro B-wave. ~83.5k is our major level of importance!
Be VERY careful in the crypto market right now... BTC is close! MINIMUM retrace targets after this top is confirmed is ~$70k with a NEW LOW still valid and likely. I'll keep you updated as it develops. #Bitcoin
bitcoin:native Macro 2022 correction compared to now... Notice the reaction in 2022 off of the macro .5 support- it was NOT enough strength to push #BTC past B-wave resistance. #Bitcoin ultimately found support on top of the .786 level. ALL time support trendline on BTC is shown sitting right at that .786 macro support at ~$30k.
Good morning! ☀️
bitcoin:native Wave 5 is taking shape! I don't think it's reached a top YET but the RSI on daily+ is already printing the bearish div like we expected.
It's possible that its only in w3/5.. still waiting for the 5th to clear the resistance and liq at $87k-$89k.
I still believe that #BTC is heading into VERY strong resistance and that this could mark the TOP of macro Wave B. I'll keep you guys updated as it develops! #Bitcoin
As momentum returns to the bitcoin:native market, I'm watching for a break above $82k. Once this level clears, we can confirm the rest of Wave 5. Binance and Coinbase had a large price discrepancy for w4, but they're both on track now and ready to finish out this wave structure.
Wave 5 is targeting MAJOR resistance levels that have been growing for a while now... $83.5k-$87k could mark the TOP of this mid-point correction. This is very strong resistance and could be enough liq to push #BTC back down to new lows.
Wave B is the most deceptive phase in the market cycle.. remain cautious!
Discussing the charts in detail with @CasiTrades today at 1pm EST... see you all there! #Bitcoin
ethereum:0xd533a949740bb3306d119cc777fa900ba034cd52 Trade is COMPLETE! Take profit was at $.40.
Perfectly targeted the HTF .236 resistance. All 5 waves have developed and a bearish div has printed on the RSI. This most likely makes up all of Wave 1 of the new trend.
I'm expecting a retrace to begin soon with final targets as low as $.26-$.22. Once it starts, I'll be able to measure the level more precisely.
Which altcoin should we trade next??
ethereum:0xd533a949740bb3306d119cc777fa900ba034cd52 is pushing towards take profit level on our scalp trade! It got within $.003 of target. 🔥
Based off the RSI, it’s looking like that was just w3/5 and we should get one more attempt at hitting $.40 resistance.
What I’m watching for now, is that support that I highlighted to HOLD at $.358. The w5/5 is also measuring right at $.40. If this plan changes, I will let you know!
Congrats to everyone who followed me on this trade. Which one should we do next?? #btc#altseason
ethereum:0xd533a949740bb3306d119cc777fa900ba034cd52 HTF scalp looking nice! 😍
We’re trading the breakout of the .118 resistance at $.287 up to the next HTF .236 resistance at $.40.
As it develops, looks like w3 and w4 are complete and it’s on the 5th wave. Extension targets are lining up exactly at the $.40 level (.618) and the RSI is already setting up a bearish div for that top.
I’ll keep you updated as it continues toward our take profit! #altcoins
*Do not enter now if you missed entry.
#BTC on Binance perfectly reached its .382 retrace for subwave 4 at 72.5k. Watching for the start of the 5th wave of Wave A- currently measuring right at the htf resistance (.382) at 83.5k but looks like it can go as high as 87k on this next wave. I'll track the 5 subwaves as it develops to get a better idea of the final target. We will know more once Wave 1/5 is complete. I'll keep you updated! #Bitcoin bitcoin:native
ICYMI: Exchanges control the price of #BTC and make money by liquidating traders.
Join us LIVE every Friday at 1pm EST here on X and YouTube! @CasiTrades 🔥
ethereum:0xd533a949740bb3306d119cc777fa900ba034cd52 is about to have its moment! 😍
Been tracking #CRV scalp trade for a WHILE! It's now leading the altcoin market and about to cross its FIRST macro .118 resistance at .287!
REALLY excited to capture the momentum off that break and trade #CRV first Wave 3 of the new trend. My plan is to take profit at the NEXT macro resistance (.236) at $.40. I think it is possible for this wave to extend further as high as $.44+! Just the beginning of something really exciting!
Who's taking this trade with me??
Hey guys!
Tracking this correction from the leading diagonal that developed off of the 57.7k low on #BTC .. Looks like #Bitcoin is in Wave C of that retrace with targets around 61.2k-60.7k. It's possible its only in the first wave of that last wave down. As it develops, I'll be tracking the subwaves, adjusting fibs accordingly, and keeping an eye on the RSI when it reaches support for any signs of reversal back up to 70k. bitcoin:native
bitcoin:native
It's possible #BTC is still in its subwave 3 of the wave down towards $54.5k . Extensions have not been reached yet as low as $57.5k . This could shake up the market a bit and bring in more volatility as it completes 3, 4, and 5.
As #Bitcoin is starting to come down to support, I'm noticing that selling pressure IS getting exhausted and its starting to build that bullish divergence that we need to see on the RSI... this is setting up for a NICE relief rally coming soon for the month of July/August.
If you missed our livestream today, make sure to check it out! ... LOTS of important information in there as the market finds a bottom.🔥
Good morning! ☺️ bitcoin:native
BTC is still months away from finding a bottom. 😅
As we track this 5-wave impulse coming down on LTF, full targets are still ~$54.5k. #BTC can even come down to the macro support at ~$50k (.618) during this wave- which is ongoing and in development- still in Wave 3 of that impulse down.
The problem is the structure. #BTC would be reaching the .618 macro support as ONLY a 5-wave (A) and NOT a full ABC or correction YET. Because we ARE seeing a possible bullish bottom right at that support, the "relief rally" will lead #Bitcoin RIGHT into the resistance that it didn't clear yet ~$75k-$85k. The retrace will be a fight the entire way up (corrective). These levels will mark B-wave or 2/C- suggesting that the correction is only "halfway" complete.
I'll be explaining this in detail during our livestream this Friday!
bitcoin:native Path to $57.5k and then ultimately, ~$54.5k.
As previously mentioned, W3 is in development. Here, I've broken down its subwaves showing the behavior and price action of how its going to reach $57.5k.
It's possible #BTC is in subwave 2/3 now- backtesting ~$64.4k (soon). I'll be tracking the bottom of W1/3 and the backtest for the rest of the day today and into tomorrow. A sharp drop from that level is possible- down to $58.4k (new low). This drop is what's going to solidify the rest of this wave down to ~$54.5k. Fibs are projections and will be adjusted with the actuals. These waves are not meant to be traded, just making sure #Bitcoin is STILL on track for the main targets.. I'll keep you updated as it develops!
bitcoin:native Update!
This correction reached deeper levels than a typical subwave 4. Most likely #BTC is on subwave 2/5/1. NOW, the 5 waves as shown are lining up much better to reach full target. Currently ~$54.5k. This target will use W4 high, and therefor, will be adjusted slightly with the actuals.
What I'm watching for now is a break down below macro $64.4k ($63.3k CB) to confirm the start of subwave 3/5/1. The rest of Wave 3 is what should be playing out this week and the full 5 waves could be completed by month's end. I'll keep you updated as it develops! #Bitcoin
bitcoin:native finally reached $63.6k! This has been my target for W1/1/C. RSI is neutral/bullish- watching this level closely for a turnaround! If you guys have been following, #BTC was NOT supposed to reach $66.3k until AFTER this level has been reached. Yesterday, it cleared that resistance already... There is a bit more liq left up there. This is going to be a MESSY market for the next couple days because of this!
What I'm watching for now, is support here at this level... It's possible #Bitcoin comes back up to $65.8k for ANOTHER subwave 2. IF #BTC loses the $63.6k level now, it could already be on subwave 3 ($62k). All of these waves will make up Wave 1 of macro C-wave down. I'll keep you updated as we get more development!
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