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$SOL Mid-term update
$SOL finally hit the support I’ve been waiting for 👌
Am I still that bullish? Not really, but we probably bounce off the support.
For the bullish case I need to see confirmation
What a bloodbath
$Alts got hit hard 📉
There are rumours that Scimitar Capital liquidated their crypto holdings. This could be the reason for the dump
Not sure if this is real, but the hashtags look funny 😂
There's a divergence between the S&P500 & #BTC once again 👀
Last time we saw this was during the FTX crash. After some consolidation $BTC overcompensated 📈
Now we have a regulatory FUD suppressing the crypto market while the stocks are rising.
Let’s see what happens this time (I still stick to my weekly chart, no moon dreaming)
$BNB/BTC update
Told you guys months ago, $BNB looked very bearish
What do we see now? -27% 📉🤫
A very nice Symmetrical Triangle is shaping up on the $LTC 1D chart 👀
55 days until the #Litecoin halving ⌛️
#BTC is approaching the Key S/R Level 🤫
I don’t think we’ll break it now
Yesterday it was the biggest long liquidation event of the year so far
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❗️BREAKING: The SEC sues Binance and its CEO Changpeng Zhao for breaking US securities rules
The SEC has accused Binance of mishandling customer funds as well as lying to regulators and investors about its operations in 13 charges filed Monday.
The regulator said Binance had been mixing “billions of dollars” in customer funds and secretly sending them to a separate company controlled by CZ.
The charges included misleading investors about the adequacy of its systems to detect and control manipulative trading. Regulators also said Binance did not take sufficient steps to restrict U.S. investors from accessing Binance’s unregulated exchange.
$AVAX Correction looks complete 👀
Would be nice to get a rally similar to the one we had in January
Impulse -> Correction -> Impulse💡
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#TOTAL2 update
Falling Wedge & critical Support did the job and saved us!
Now we need to break the purple MA
S&P500 is pumping nicely! 🚀
Approaching my Target Zone
I like this Rounding Top on the $BTC Dominance
Needs to close the weekly candle like this
First Red Monthly Close for #BTC since December 2022 🔴
Moreover, we broke back below the EMA21
All this also confirms the mid-term trend switch from Bull to Bear which I've been talking about since mid-May
#BTC needs to revisit the low $20ks (and even dip below $20k) to accumulate energy for the 2024 Bull Run 🚀
$SOL reached my first target 🎯
+18% profit gained with 2x leverage so far
#TOTAL2 🩸
-10% since I warned you about the support breakdown 📉
#TOTAL2 update
Trendline support is lost 😒
FUD did its job
Most likely $15K was the bottom for #Bitcoin
But it's too early for a Bull Run imo. We need to see more consolidation below '$30K' (probably for the rest of the year) before #BTC really takes off 🚀
Despite all of the FUD, I think we’ll see good rallies this summer (nothing crazy though)
I’m somewhat optimistic about the second half of June and July
#BTC #Alts
$BNB is the most obvious unregistered security
That's why I have never held and never will hold $BNB as a long-term investment
For the past couple of years I've been constantly telling you to leave Binance and explore other options.
NOW you see things unfolding. I think Binance can lose its leadership position like Bitmex did back in the day.
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Very nice weekly close on the $BTC Dominance!
First bearish engulfing candle in a while
😏
$SOL reached my main target ✅
+26% profit gained with 2x leverage
Enjoy!
Zoomed in
Three drives of bullish divergence on $NEAR 👀
What about #Alts?
As I mentioned in May, I think #BTC will spend quite some time above the key horizontal ($23k on the monthly/$24k on the weekly)
This sideways action can get #Alts going
🔨 is doing the job, isn’t it? 😁
Now let's see if we hold the MA100 here
#BTC
Even if the bottom is in for Bitcoin, that doesn’t mean you have a straight line to the upside
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