Hamza Crypto Traderr

Free tournament!! 1st place will receive $500 CASH + 100k Instant account.

@GoatFunded organized a special tournament for me, participation is free.

They provide a demo fund of 100k, and if you trade with it and achieve a ranking, you will receive a reward in return. After joining the tournament, the fund access details will be sent to your email, from there you can log in, trade, and compete.

The rewards are nice because the tournament is free, so you can compete here without any costs. You can also test and try out. It will end on June 30.

Tournament link: https://t.co/7NqYUY7QFM #bitcoin

Bitcoin short-term Elliot analysis

Hamzabox price held up nicely, I think we may have turned.

We still need to update our analysis according to the direction. #bitcoin

Bitcoin before

I think anything below this area will face trouble for altcoins.

It would be good if we bounce back from this area, if the rise is to continue. #Bitcoin #Ethereum

Bitcoin is in a short-term hamzabox.

Maybe this could give a reaction upwards, but there is currently no confirmation, after all, it hasn't shown any signs of going up.

Still, I am considering taking a risk and trusting the hamzabox. #bitcoin

Bitcoin analysis

I'm looking at where Bitcoin is headed, my Fibonacci-based target for the drop has been reached, but an upward reversal movement has not yet started.

It seems like they are going to drag it out a bit longer, that's why I'm not going long at the moment.

But if a nice upward momentum movement starts, we can reconsider. #bitcoin

Bitcoin analysis

I think we might enter a bear market for a while. A correction down to 105k seems possible.

At the same time, while ETH is reaching new highs, BTC has not been able to, which has often led to a market crash.

Our hope is that when BTC drops, altcoins remain strong and recover even more strongly. #Bitcoin #Bitcoin

Since ETH has bottomed out and I see a higher likelihood of it continuing to rise, I expect an upturn in altcoins as well and I am chasing altcoins with nice charts.

One of them is COS, which has made a nice rebound from the 74k low in the form of a strong wave, and after some sideways movements, it seems more likely to continue rising. I liked the chart.

In the longer term, it has made a low point so far and has rebounded; if the trend turns towards altcoins, which it will eventually do, then touching the white line and targets like 5x are not unrealistic. #bitcoin #Ethereum

I will share a beautiful altcoin whose mid-term chart and project I like shortly.

Eth has revived, dominance is at a very high level, although there may be fluctuations in the short term, altcoins will have their turn in the mid-term, all have turned from the very bottom. #Bitcoin
#ETH

Bitcoin before

There is nothing like them crashing the coins during the holidays, since the holidays have been falling in the April-May months for a while now, and these months are generally months with sales, that's why it coincided, but for example they didn't crash during this Ramadan holiday 😊 #Bitcoin

I am positive on Eth, negative on Bitcoin.. #bitcoin

The price that ETH is expected to reach is 7400, and I say this not just randomly.

🟢When we pull the Fibonacci retracement from BTC's 69k to 15k, the current position in this rise corresponds to 110k Fibonacci at 1.25.

🟢🟢The same position for ETH corresponds to 7400.

🟢🟢🟢However, if we consider that BTC will likely rise even further before ETH reaches that level, we can say that levels around 8k are average.

This will probably take about 1 month from when ETH starts, as it has always been the case so far, and then a major bear market may follow again, because Bitcoin has risen a lot from the bottom, and we have been continuously rising for years. #Bitcoin #Ethereum

The price ETH is aiming for is 7400, and I'm not just saying this randomly.

When we pull a fib from BTC's 69k to 15k, the current position in this rise corresponds to the 110k fib at 1.25.

In ETH, the same position corresponds to 7400.

However, if we assume that BTC will rise even more before ETH reaches that level, we can say that the average will be around 8k.

This will likely happen in about 1 month since ETH started, it has always been like this, and afterwards, a major bear market may come again, because Bitcoin has risen significantly from the bottom; we have been rising continuously for years. #Bitcoin

ETH is still gaining momentum on Coinbase, which is very good for the medium term.

Note: This data works for the medium term, not the short term. #Ethereum

Bitcoin before

Bitcoin analysis

If we can stay above 109500, we will continue, my personal opinion is that it will continue, but let's see how it goes #bitcoin

ETH Elliott analysis #bitcoin #Ethereum

Is the recent rise in cryptocurrency real or fake?

Right now, we can say it's a real rise, but if the momentum of this rise is lost and it drops below 95k again or ETH falls below 2200 and struggles to recover, then we might start to think it's fake.

Currently, there is no such situation, the momentum is good, so we don't need to think of it as a fake rally.

I was saying the same things when BTC was at 95k, I said, 'As long as we don't drop below 90k, there's no problem, enjoy yourselves,' and from there the rise continued. It reached 111k. #Bitcoin

ETH

With the medium-term Elliott perspective, I still think the outlook is very positive. #Bitcoin #ETH