$SOL Mid-term Perspective
Support - $14-15
Key Level to Flip - $27
Major Resistance - $60-78
💡What I’m gonna do: bid at $15, watch closely at $27 and start selling at $60
I see people share the same bullish fractal everywhere
#BTC Q2 2019 - upward channel & continuation 📈. It's not invalidated yet and still can work, but…
But if I were the Market Maker I certainly wouldn’t repeat it all over again 🔂
I doubt it will be that easy
Macro chart coming soon
#BTC 1D update
We didn’t even get a higher high, went straight to the Key Support 📉
$RSR update
$RSR got rejected by the EMA200, but still holding the support (neckline)
I wouldn’t like to see the price fall back into the upward channel (that would activate the bearish scenario 📉)
Bullish case (T1, T2) is possible ONLY IF we break above the EMA200
$LTC update
Shallow price pullback so far. Ideally I'd like to see a test of the blue EMA
However, the RSI cooled down just as I expected
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$MINA update
(zoomed in)
I like yesterday’s long wick on $MINA
Notice where we closed the day - right above the Horizontal
Bullish picture hasn’t changed
#1inch 12h update
Setup fully played out. All targets reached 🎯😎
+34% profit gained. Cheers 🥂
#BTC Macro
In general, I think this Bear Market is more like the one we had in 2014-2015. Structurally
Same relation between the Price & EMA50. Same MACD picture
In 2015 we had an Accumulation Range between $200-300
Now we have the same Accumulation Range between $18-25k
💡In my opinion, we are still consolidating and forming the bottom.
📍Currently we are in July 2015 - being rejected by the EMA50.
Back then #BTC swiftly reached the Support (and even wicked below it). This is what we may see soon IMO
❗️Silvergate is in trouble, as they failed to file their annual report citing regulatory investigations. Possibly not solvent.
They already lost majority of their partners.
Timeline of #Crypto Crash Today:
1. Coinbase suspends Silvergate payments
2. SEC says crypto exchanges not "safe"
3. Crypto․com suspends Silvergate payments
4. FTX confirms $8.9 billion in missing funds
5. Crypto loses $200+ million in hours
$HFT #Hashflow
This is what I expect - a dip into the Support (Horizontal + EMA50), strong Bounce and one more impulsive Wave up
🎯 Target Zone: $1.05-1.25
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$DOT update
Technically, the picture looks good as long as $DOT holds above the blue MA (it’s gonna break down imo 📉)
Why? I see an Ascending Broadening Wedge here
This type of pattern appears on peaks, it’s a bearish reversal pattern
🎯 T1 - $5.6
🎯 T2 - $5.1
#BTC 1D update
Now I’m not that confident about #BTC going straight to the CME Gap
This is the alternative scenario that I keep in mind. Rising Wedge and a deeper pullback before sending it 🚀
Straight to the CME Gap - 40% chance
Deeper pullback first - 60% chance
$DYDX update
In brief, nothing’s changed, but now we have more information
$DYDX still looks great
Textbook symmetrical Triangle in Wave 4 consolidating above a strong horizontal level (prior resistance)
🎯 Target still the same
$RSR +17% gain so far
Currently struggling with the red EMA200. Only a breakout will confirm the bullish case (T1, T2)
S&P500 #SPX #ES1
Key Level Must Hold!!
(Confluence of support: former Resistance Trendline + MA200 + 0.5-0.618 Fib)
Otherwise we will drop to 3800 and maybe even revisit the 3500 low
#TOTAL3 (Altcoins) update
So 9 months have passed and here we are, exactly where I expected us to be 😎
Perfect timing 👌