It doesn’t mean #BTC will drop like a rock today or tomorrow
I think #BTC will stay above the Key S/R Level for quite some time before breaking it 📉
Here’s what I’m expecting: a Dip into the $24-25k area -> strong Bounce (Bull Trap) -> Drop to $20k
#Alts can show some upside during the Bull Trap this Summer
#BTC is breaking the MA100 👀
(9 hours to save the daily candle)
25k may come earlier than I expected
$KAVA update
It took way more time than I expected and a lot of chop but $KAVA finally reached my T1 (Major Resistance)
Obviously, only spot position survived
But what’s interesting here is the market structure. I will explain it in my next post
#BTC holding the MA100 so far 👌
No action at all over the past 10 days
Hopefully the volatility will come very soon 😩
$INJ 1W
I think $INJ is topping out here
📍0.618-0.786 Fib is always a strong Resistance
RSI has obviously peaked, ADX is rolling over.
$INJ price can make a Higher High within my Sell/Take Profit Zone creating a classic Bearish Divergence
#Litecoin halving is coming up this summer (July 30th for now)
💡 Interestingly, $LTC loves to top out 1.5 months before the halving.
- In 2015 $LTC peaked 46 days before the halving
- In 2019 $LTC peaked 44 days before the halving
$LTC 1W update
So far so good! 👌
Key weekly level held! This looks like a multi months consolidation 👀
Bullish confirmation - break above the MAs
☝️ This is the most important chart right now
$BTC Dominance still has chances for a correction that will allow #Alts to take a breath
$RAD faded the pump after reaching my final target.
💡 This is a great example of why you should always stick to your plan (targets) and not be greedy
$NEAR update
I’m moving the goalposts adjusting my $NEAR chart since the correction got more complex.
Regaining the Red Horizontal (1) is key for this scenario
💭 Second wave of growth (C) is really missing on #Alts
If you're wondering what's so special about April 14th
Now it makes even more sense 😅📉
📌 For those who think ‘TD-9s don’t work’
Just look at those 9s! Perfectly called the lows & tops on the $SOL daily chart 👌
No indicator is a holy grail but admit this looks impressive
$KAVA is a great example of the ‘Impulse - Correction - Impulse’ model
We had a swift Impulse in January and a pretty long 3-Months Correction.
Most alts are still in the Correction phase (at the end of it imo)
$KAVA seems to be leading. We’ve already seen the 2nd Impulse
💡Notice that both Impulses are almost identical! Swift and steep
#TOTAL2
Good time for a bounce as it sits on critical Support (Rising Trendline + 0.382 Fib)
And we have a Falling Wedge which more often breaks up 📈
We really need to bounce here
🗞 Hong Kong opening up the gates!
On June 1st, Hong Kong crypto exchanges will be allowed to offer their services to regular customers.
Happy #Bitcoin Pizza Day! 🎉
#BTC had no price for a year or so, until May 22nd, 2010, Laszlo Hanyecz, a Floridian programmer, bought 2 pizzas for 10,000 #BTC ($41 back then).
Today, those pizzas would be valued at $267 million.
We got a small bounce as expected and now #BTC is testing the MA100 again 👀
Pray for it to hold
I found an interesting fractal that fits perfectly
If $LTC tops out 1.5 months before the halving (like it used to), look for the top in June at $130 🎯
All ducks line up: time & price 🤞
$LTC number of active addresses spiked during #BTC congestive period.
Don't forget that $LTC halving is coming in 77 days 👀
❗️On May 8 #Bybit went Full KYC
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$HFT holding the bottom of my Buy Zone 👀🤞
I like that Bullish Hammer candle + Bullish Divergence on the RSI
Remember my lovely 100-Day MA?
Let's hope #BTC hold up here.
Bulls should get at least a bounce (if not a reversal)
Ironically, #BTC topped out on the same day it did in 2021 - April 14th 😂
Structures are also somewhat similar