CoinGuru®
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🔰 #Cryptocurrencies Research, Analysis and Trading
#bitcoin #ethereum

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BTC UPDATE:- BTC is going good so far. Breaks above the $23.3k crucial resistance and hold above it. According to the pattern, we might see a $25k per Bitcoin in the next few days but for that we need to hold above $22.8-$23.3k level.

We have a FOMC meeting on Wednesday and many more important events this week so trade cautiously this week and do not get Rekt. We will keep updating you.

Stay tuned and pin our channel at the top.
SCALP TRADE SETUP:

#AXS/USDT Long Call:

Enter: Market

Targets:
1) 10.6133
2) 10.714
3) 10.7988

Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:

#IMX/USDT Short Call:

Enter: Market

Targets:
1) 0.9225
2) 0.9139
3) 0.9067

Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:

#RUNE/USDT Long Call:

Enter: Market

Targets:
1) 1.6714
2) 1.6872
3) 1.7006

Risk: Medium to High
Advised Leverage: 5X to 8X
#BTC

Based on history, March doesn't look like a bullish month
SCALP TRADE SETUP:

#SKL/USDT Long Call:

Enter: Market

Targets:
1) 0.0405
2) 0.0409
3) 0.0413

Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:

#MTL/USDT Short Call:

Enter: Market

Targets:
1) 1.1782
2) 1.1671
3) 1.1569

Risk: Medium to High
Advised Leverage: 5X to 8X
SCALP TRADE SETUP:

#BTC/USDT Short Call:

Enter: Market

Targets:
1) 27995.995
2) 27732.552
3) 27488.912

Risk: Medium to High
Advised Leverage: 5X to 8X
#BITCOIN UPDATE:- Bitcoin is looking strong in both LTF and HTF.
Our team is expecting a $30k+ price by the end of this week.
Weekly close will play an important role in further price developments.
We will keep you updated.
So enable notifications and pin our channel to the top.

Thank you
SCALP TRADE SETUP:

#BTC/USDT Short Call:

Enter: Market

Targets:
1) 27663.1615
2) 27402.545
3) 27161.568

Risk: Medium to High
Advised Leverage: 5X to 8X
Yesterday it was the biggest long liquidation event of the year so far
💰 Bitcoin Number of Addresses Holding 1+ Coins has recently reached an All-Time High (ATH) of 1,011,914.
BTC looks heavy aslong as we stay below 2020 high
Bitcoin still has a significant hurdle to clear at the $30,000 mark, which we've highlighted with the yellow box on the charts. To truly regain its bullish momentum on a broader time scale, it needs to surpass this level.

In the midst of the excitement caused by these market movements, it's essential to avoid impulsive actions that could put your funds at risk. While better times may be on the horizon, exercising caution and preserving your capital is the smartest move for now.
➡️MicroStrategy owns 158,400 Bitcoin and they're up $1 billion on this position since first buying in 2020 📈

🟠MicroStrategy's average Bitcoin buy price is $29,609.65.
#ETH / USDT : Chart Analysis

#Ethereum

TF : 4h

Current Price : $2068 level .

Trend : Sideways , Price Consolidation between $1930- $2100 Levels Range .

Strategy : Instead of Forming new high price is facing rejection from previous swing high .
-short term fall is expected .
-Breakeven SL of Short Position once price hit TP-1 and let it run for TP-2 . Or can Book Profits .

Trading Plan :
-Short Entry : $2068
-Targets :
      TP-1 : $2005
      TP-2 : $1944
-StopLoss : $2131.5
#MTL / USDT :

#Metal

TF : 4h

Trend : Uptrend , Price trading above 200Ema .

-Price is respecting major Trendline (Slope : Upside ).

-Anticipate a Bullish Momentum to its Previous Highs .

-Breakout of counter Trendline activates Entry for Long Position .

Plan :
Entry : $1.686
Target : $2.05
SL : $1.49
#XVS / USDT :

TF : 4H


- The price is currently trading above the 200EMA in an uptrend, indicating strong bullish momentum.

- There is a trendline acting as support, which the price has been respecting.

- After a dip to the 200EMA, the price quickly recovered and regained the support levels.

- Based on these factors, it is
anticipated that the price will continue its bullish momentum from the current level and potentially test its previous high.

Expected Returns : 15-20%

Plan :
Entry : $12.3
Target : $14.7
SL : $10.8
CAKE/USDT:

Entry: 3.1 - 2.800

Target 1: 4.500
Target 2: 6.500
Target 3: 10.500

S/L: 2.2
#ACA / USDT :

TF : 4H

-
The price is currently in an uptrend, but it's going through a correction phase. It's consolidating sideways within a channel.

- Right now, the price is finding support at the channel's lower boundary.

- It's likely that the price will continue its upward trend and test the resistance level of the channel.

- There's also a possibility that the price might break out of the channel and test its previous swing high.

Expected Returns : 20-40%

Plan
:
Entry : $0.105
Targets : $0.127 and $0.148
SL : $0.090