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 🚀
#BTC 1D update
Right on target 🎯
Now let’s see if 🔨 does its job or we just have a small correction and go to $29.5-30k before turning down 📉
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
What about #Alts?
As I mentioned in May, I think #BTC will spend quite some time above the key horizontal ($23k on the monthly/$24k on the weekly)
This sideways action can get #Alts going
Even if the bottom is in for Bitcoin, that doesn’t mean you have a straight line to the upside
Читать полностью…$NEAR 1D
As I described 3 days ago, we’re in the Correction phase and looks like it’s ending soon
A decent Bullish Divergence appeared on the RSI 👀
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📌 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 🤞