New video live tomorrow discussing my trading plan for next | DaanCrypto on Binance Square

Trending Articles

Bookmarked and Liked

--

New video live tomorrow discussing my trading plan for next week & month in more detail. ✌️

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

0

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@DaanCrypto

Explore More From Creator

$BTC Has essentially traded around this same price region for the past 2 months. We have swept some highs and lows during this time but there's still two major liquidity clusters above and below. These also correspond with the larger range. Below ~$92K and Above ~$110K.

--

Both $BTC & $ETH have seen a good 2nd Quarter. For BTC this was about average of its historical performance, which is really good considering its market capitalisation these days. For $ETH this was good but not close to its historical average (which is heavily influenced by a +453% quarter in 2017 lol). Q3 is coming and this has historically been the most boring quarter with the least returns. Both $BTC & $ETH tend to see a choppy environment with little upside. This is usually due to the summer period where there's less liquidity/volumes. For crypto, this has been the time where we've seen some of its craziest narratives/sectors kick off. Like DeFi, NFTs, Metaverse etc.

--

$BTC Another day, another test of the range high. This remains the big line in the sand for further high timeframe upside. I've been recommending to wait until price actually breaks and holds above it before getting too excited. Since then, we've seen several rejections and most alts trading down massively during that time so I think that was a good decision. Once we see a breakout, we can start looking for higher.

--

$BTC Clean retest of the mid range. Front ran the Daily 200MA/EMA which are coming in right below. Price now trading close to the range high again which has been a strong resistance over the past 2 months. Break and hold above and we can get a proper run going again. That should also help out alts.

--

$BTC Has been stalling out around the $100K+ area for some time. It has been unable to trade and hold above the $108K-$110K region so far. Below, the $90K-95K area has been acting as an important region for most of this year. Be on the look out for high timeframe closes above or below these levels to gauge the overall high timeframe market trend. Don't directly dismiss potential strength or weakness as it always starts small, and before you know it, a big move has occurred.

--

Latest News

OpenAI CEO Sam Altman to Address Federal Reserve on Banking Regulation

--

U.S. Senate Prepares Market Structure Legislation for September Completion

--

Bitwise Revises ETF Filing for DOGE and Aptos

--

U.S. Senate to Review Crypto Market Structure Bill Draft

--

PayPal CEO Discusses Stablecoin Use Cases

--

Cookie Preferences

Cookie Preferences