Crypto Academy

Oct 14: ETH: As shared last time, ETH is forming bullish head and shoulder and breakout $3700 will push price towards $4000-$4400 in coming days.  But this jump seems can be due to BTC. If BTC pump we will see same impact on ETH too in USDT pair. But Eth-BTC pair also indicate that eth growth rate will be slow than BTC if BTC pump hard.  But same time don't forget market psychology that eth pump hard once BTC stable at higher price.                                                        Be careful with Low/mid cap alts too if BTC pump hard. We all know that ALTS struggle if BTC pump hard in short term. But Pump in BTC always good for market and all mid/low cap coin jump hard once BTC stable. Must Apply Money/Portfolio management if you are alts trader. Dont sell them in big loss. Alts can try your patience ...

Oct 14 #Bitcoin: BTC price is moving in a range $53k-58k. We saw cup and handle pattern breakout at $53k on oct 6 and BTC is trading above this zone from last 8 days. After $53k breakout BTC formed new trend and indicate that it can jump hard in next 3 month. Last 5 month chart also indicate that whales accumulate BTC from retail traders.  In last 7 days btc formed a upward channel and breakout above 58k will push price towards 60k-65k in quick time. $53k is work as strong support and indicate that  trader like to buy this zone. As per past trends and chart formation , BTC can pump hard with high volatility in coming months. In last 5 month BTC digest all fud including Big China BAN and trading above 5 month high.  We can see that BTC bullish for next 3 month as per trend and bulls will not loose control in this quarter.

Sep : ETH price also struggling along with BTC. But eth have good daily support at $3350. Day closing will be important for ETH. Daily candle closing below $3350 will give confidence to bears and they may push price $2900. Above $3350 give relief to traders.

Sep 10: #Bitcoin price strugle on Friday and drop below MA 200 ($46000). Bitcoin next Support on MA 50 ($44966). MA 50 should be strong support for continue bull trend. On Trend Lines, Bulls must eye on $43000 for  next long position. If Bitcoin able to hold this price than we will see Bullish golden crossover on chart too. On chain analyses showing that bitcoin Exchange reserved are near record low which may reduce sell pressure.

Sep7:Bitcoin give big correction of near $10000 after 48 days of rally from $28000 to $52800. Yesterday BTC gave bullish breakout of $51k but it turn into fake out. As BTC break 50k support today, we saw panic sell on btc. Its most probably due to future Market.   On daily chart BTC have support on $46000 and $44000 and so today candle will be important for btc. If BTC finish above $46000 than market will positive. At the time of writing BTC trading at $47000 after hitting $42843. This can be relief bounce. Market still in panic. We saw in Jan2021 -April 2021 that BTC took time after big quick dump and retest support  again. So a little chance that BTC spend somedays here and retest 42k-43k area. We are in Bull trend till BTC run above MA 50 Day.

Best cryptocurrency apps in India : The legality of cryptocurrency in India is still uncertain that you can invest in digital currency and book a profit? Regulators have now opened the arena for people to invest and trade in crypto and for many companies to run their exchanges. What does a cryptocurrency exchange app do? Cryptocurrency exchange is a platform that help you with quick access to various cryptos available in the market and let you trade (buy and sell) just like a demat account. You don’t have to mine cryptos using laptops or minning rigs.The whole process has been simplified for anyone to sign up and start enjoying the world of crypto. Crypto exchanges are available on Google Play Store and Apple App Store that work on Android and iOS phones respectively.These exchanges provide some offers to seek the intrest of public towards them. Best Apps to Buy Cryptocurrency in India Contents [ hide ] 1. WazirX – Bitcoin, Crypto Trading Exchange India Founded in 2017, by Nisc...

Aug 23, #Bitcoin:BTC price move beautifully in bullish channel. In 4hr btc is making bullish Higher high and higher low pattern. Nothing wrong in chart. MACD also showing bullish as shared yesterday chart. Today BTC jump towards 50000+. Monthly expiry on Aug 27 and we can see high volatility. Monthly closing above 50k+ will be open gate for 65k and 100k. If you are trader than trade the range. If you are investors than ignore volatility.