4C Trading News

2022-06-10 17:29:51 Should you buy into Terra 2.0?

Unless you've been living in a cave since the beginning of May, you've already heard about the collapse of the Terra ecosystem, its native token LUNA, and the UST stablecoin.

This slump that has impacted the entire crypto market which has already been battered by a most volatile economic and geopolitical context, should come to an end with the acceptance of the 1623 proposal. That's all the bad news we wish for the Terra ecosystem and its new blockchain.

https://gooo.im/owqaef Open / Comment

2022-06-02 11:11:35 BTC Update #BTC_Update

What's new since the last update my dear community? Well BTC failed just below its wilder moving average, which coincided with the resistance zone between 32k and 34k.

We saw a sharp rejection accompanied by heavy volume in the previous session. The volume has clearly exceeded its average level, which continues to decline.

The daily technical situation remains positive but we can already see signs of bearish curves on the WaveTrend. On a 4h time horizon, the indicators are negative.

What should we do?

As I told you before, until we are back above the 32-34k level, we will not try anything on BTC. We are still in a medium term bearish configuration until proven otherwise.

We could be in an accumulation phase, but even if we are, we will move to the top of the range breakout, on retracement and not before.

https://www.tradingview.com/x/t1aIAd1L/

On that note, I wish you a great day! Open / Comment

2022-05-31 10:40:52 BTC Update #BTC_Update

What's new since the last update my dear community? Well BTC is now trading just below its moving average and resistance zone between 32 and 34k.

The trading volume in the previous session was above its average level, which is starting to decrease.

The daily technical situation remains positive with the MACD and WaveTrend pointing upwards. On a 4h time frame, the indicators are positive but already showing signs of weakness.

What should we do?

BTC is currently under a very important resistance zone, as long as it is not breached, we will refrain from opening a buy position.

https://www.tradingview.com/x/5dCUVoSw/

Stay safe as usual, I wish you all a great day! Open / Comment

2022-05-27 20:29:03 Diamond Report of the week (27_05) Open / Comment

2022-05-25 18:17:35 Announcement

Hello everyone, due to a holiday we will be less present during this long weekend of the Ascension. You can still contact us directly in private message, we are not completely absent.

Thank you for your understanding!

I wish you all an excellent "long" weekend! Open / Comment

2022-05-25 15:51:07 BTC Update #BTC_Update

What's new since the last update my dear community? Well BTC is still trading just below the 30k level without much movement for almost 15 days now.

The trading volume, after the initial drop is now very logically below its average level. The consolidation of the moment lowering the volatility.

The daily technical situation remains positive for the moment with a MACD and WaveTrend pointing upwards. On a 4h time horizon, the indicators are negative.

What to do now?

As long as BTC remains below the 34k level, it will be too dangerous to open a long position.

https://www.tradingview.com/x/TPebPLG5/

Until then, stay safe and I wish you all a great day! Open / Comment

2022-05-18 10:45:46 BTC Update #BTC_Update

What's new since the last update my dear community? Well, BTC is still trading below the 30k level after failing to climb above the 32k level on a sustainable basis.

The trading volume in the previous session was below its average level, which is not surprising given the extreme volatility experienced last week.

The daily technical situation remains neutral with the MACD still pointing downwards while a buy signal has already been given on the WaveTrend. On a 4h time frame, the technical indicators are negative.

What should we do?

As long as we are not back above the 32-34k level, nothing more to do for now. If we go lower, to levels like 12-20k, then we can consider a long term buy.

https://www.tradingview.com/x/OuWluyQy/

In the meantime, stay safe, I wish you all a great day! Open / Comment

2022-05-09 11:11:13 BTC Update #BTC_Update

What's new since the last update my dear community? Well BTC failed under 39500 last week and is now trading just above 33k.

The trading volume in the previous session was above its average level, which continues to climb since the end of April.

The daily technical situation remains negative with no prospect of a reversal at this time. On a 4-hour time frame, the indicators are also negative.

What to do now?

Certainly not the time to open a long position, we will wait for more development of the share price before opening a position. A loss of the 28k would lead us straight to a retest of the previous high point, around 20k.

https://www.tradingview.com/x/NfUN5Mrb/

Stay safe in the meantime, I wish you all a great day! Open / Comment

2022-05-06 10:16:15 BTC Update #BTC_Update

What's new since the last update guys? Well, BTC has largely retreated in the last session and is now around 36500.

The trading volume yesterday was above its average level, without really being a surprise.

The daily technical situation is now negative again with a sell signal given on the WaveTrend and MACD. On a 4h time frame, the indicators are negative.

What to do now?

The future does not look bright for BTC in the short term. No long position for the moment as you can imagine. We will rather look for short positions if BTC confirms its decline.

https://www.tradingview.com/x/0fyZ74rN/

Stay safe as usual, I wish you all a great day! Open / Comment