Another reason why I think #Bitcoin is not going higher anytime soon.
👉 In Dec-Jan NUPL went green for the first time since the bear market bottom. Historically, this marks the temporary top followed by a medium-term correction 📉
#BTC should cool down (time/pricewise or both)
📌 Best case scenario: we get a flat correction and stay above $39k for 1-2 months;
📌 Realistic scenario: #BTC goes below the January low (38.5k) and creates a classic ABC correction.
$CHZ Macro chart
🔨 Key resistance: $0.25-0.31
🎯 Target 1 - $0.55
🏁 Bull Market Target - $1.50
#C98 update
My T1 (Resistance) rejected the price and we got a nice pullback
IMO it’s a good opportunity to buy back #C98 or start building a new position (spot)
🎯 Next targets: $0.54 & $0.87
Trade with me on Bybit ➡️ https://partner.bybit.com/b/cryptobullet
🔥 Up to 30,000 USDT Welcome Bonus for new users when they register, deposit & trade!
$SUI is the largest non-EVM blockchain right now (besides #Solana)
Let that sink in
$AVAX Macro update
What a bounce off my Buy Zone 1!
+438% at peak 🔥
Congrats to those who bought $AVAX below $10 👏
(I bought a very small bag at $9.2 and expected lower prices so I wouldn’t count it as a win)
Now what? I think my ultimate Buy Zone of $3.25-4.65 is irrelevant now. I’m no longer expecting $AVAX to go there.
I'm expecting several weeks of correction before continuation to the upside 📈
My Bull Market Top Target is $230-285
🚀 The third event from our partner BingX for their recent collaboration with Chelsea is live!
This time, we tried to prepare something simple and intuitive.
For all new users, there will be a $50 trading bonus after depositing $50, but that's not all. For users whose first trade exceeds a volume of 3,000, there will be an additional $100 in trading bonus. The event is already active and will last until the end of the month. Bonuses will be sent within 7 days after the end of the event, so if you didn't receive it yet don't worry!
🔥BingX stands out as one of the remaining exchanges that doesn't require mandatory KYC, boasts a generous welcome bonus of up to $5125, and is recognized as one of the safest CEXs in the current market, thanks to their robust proof of reserve and liquidity measures!
👉 Here's the registration link:
bingx.com/partner/cryptobullets
👉 Here's the event page:
https://bingx.com/en-us/act/template/6236?randomId=8157719831&ref=5PDT4P
$GLMR 1W update
Nice -49% pullback. Tested the EMA21 👌
If you missed it in Oct-Nov you can start slowly scaling in (spot!)
$WOO 3D update
My T1 acted as a tough resistance for $WOO 😅
-30% pullback so far
Currently $WOO is retesting a very important horizontal level 👀
(might go a bit lower and retest the EMA200)
T2 remains
Reminder that single digit $ATOM is a great long term buy
Especially if you’re gonna stake it on Keplr to get airdrops
Few.
$ORDI update
Going down as expected.
📉 -28% since my warning
+56% profit gained with 2x lev short 😎
#BTC 1M chart
So we got a Long Legged Doji candle at the top.
Stoch RSI crossing bearish.
This looks toppy to me 🚩
I think in the next couple of months #Bitcoin should test the EMA21 or MA50
💡I’m not interested in #BTC here, I'm focusing on #Alts
#BTC update
Bounce Target hit ✅
Yes, the price went lower than I expected (thanks Barry) and even broke 41k support on the 4h and daily, but on the weekly timeframe the $41k level held 💪
💡During that correction my message was clear: buy #alts! I hope you guys listened
$AVAX Macro chart. Bull Market Target
It was a very intense run up from $9 to $49. (1)
I do think we need to correct that growth (2) before we head towards a new ATH 📈
🏁 Bull Market Top Target: $230-285
$HOOK Macro chart
Anything below $0.9 is a great long term buy imo
🔨 Major Resistance: $2.10-2.60
🎯 Target 1 - $7.20
🎯 Target 2 - $15.0
🎯 Target 3 - $35.0
$APT 2D chart
This is my bullish scenario for the next few weeks
Key point: $APT has to regain the red horizontal level (now Resistance)
Once it’s done $APT can accelerate towards the January 2023 top
This scenario is valid as long as the price remains above this week’s low or EMA50
$SEI 1D chart
Expecting the final leg up 📈
🎯 Target: $1.15-1.40
Trade with me on Bybit ➡️ https://partner.bybit.com/b/cryptobullet
🔥 Up to 30,000 USDT Welcome Bonus for new users when they register, deposit & trade!
$WOO Macro chart
Good Buy zones:
1. Near the mid line of the upward Channel
2. At the bottom of the upward Channel
🔨 Key resistance: $0.6-1.0
🎯 My Bull Market Target - $3.75
$AVAX update
So far so good 👌
$30 level reached on spot
(A) completed
Now I'd like to see a bounce (B) and then the final leg down (C)
Now what about $ATOM against #BTC ?
As we can see, $ATOM/BTC is a great oscillator
💡 Buy low, sell high
So how many of you were so naive to believe that #Bitcoin ETF approval wasn't priced in? 😁
📉 -17% since the first ETF trading day
To me the ETF approval was always gonna be a Sell the News event and I warned you about it on Jan 2.