Market Matrix
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Market Matrix๐ Join our free WhatsApp community for: ๐ Real-Time Market Updates ๐ก Expert Tips & Analysis ๐ฐ Latest Crypto News ๐ค Friendly Discussions Stay ahead in the crypto world with us! Youtube: https://youtube.com/@haxhmiiii Discord: https://discord.gg/M8gUHccC Tiktok : https://www.tiktok.com/@ahsanhashmiii10?_t=8pHATDQiuDh&_r=1
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Btc Update ๐ Daily time frame showing us curve resistane line from which we got rejection continuously ๐ Dotted Trend line also acting as a support for Btc price action.โ Breakdown of this line will lead us to buy area target of 87,600-88,900 โณ Breakout will lead us to new ATH. Not in a single candle but with consolidation โณ Trade plan is very simple: If you see a breakout above the line and 1 day candle closes above the line take entry in Btc till ATH. If breakdown happens first place first buying order at 87,600-88,900 2nd order at 74,000-75,000 Once you take entry put you SL at breakeven and let the trade ride. ๐ฅ๐ก
ETH Update โก๏ธ Once of the most underperforming asset currently with huge hype have taken out almost all the liquidities from January 2024. 1) Weekly OB + Range low tapped and price pumped from the region โ 2) Eth needs to reclaim 3080 level for movement towards upside โณ 3) Most of major alts bottom out with complete liquidity taken out from 2022 levels โ Now its a matter of time & we need patience for alts and eth to give us good profits soon InshaAllah โก๏ธ
BREAKING: ๐บ๐ธ US inflation rises to 3%, higher than expectations.
Here is the chart for BTC.D (Btc Dominance) % Chart. We are making higher highs & Higher lows on weekly timeframe from 2022. Either we are going to reject from the current box which we have touched in the morning today or else we will get a solid rejection from 71%-74% level. Once we get rejection on weekly timeframe then we will welcome alt season inshaAllah ๐ฅ
Bitcoin Update ๐ก We have seen a flash crash on BTC in the morning today almost $9000. We tapped the range low of this range and bounced again from that region. Few things to understand: 1) Massive Global Liquidity taken out โ 2) Range Low tapped & Bounced โ 3) Eth & Altcoins Liquidity taken out โ 4) Fear & Greed index again at level october 2024 level ๐ Those who are holding alts need to have a little bit more patience now โณ As we have seen almost all downside liquidity is taken on Eth & Alts.
INTEL: SEC APPROVES BITWISE SPOT BITCOIN AND ETHEREUM ETF
JUST IN: Over $188 billion was wiped out from the crypto market in the past 24 hours.
https://www.instagram.com/reel/DFnuSDTsswk/?igsh=MWIxbHg5NG5sd240eA==