📈 TOTAL 2 GLOBAL CHART 2020 VS 2024
Perfect fractal is formed on the Altcoin MarketCap chart:
- Falling Wedge that started forming right above the top formation
- Double Top that set a global resistance
- Breakout of the resistance
- Retest of the broken resistance
We are now located right at the retest phase, ready to start a massive growth in coming weeks.
Just some hopium we all craving these days.
🫡 Open Interest on Altcoins has fallen down to the February 2023 levels (almost absolutely lows).
Tough numbers..
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1. @HoangquySG
2. gonduartist
3. @medialarts
4. @iad_xo
5. @Xerol33t
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🐸 #PEPE UPDATE
In fact, there are two strong supports: 468 cents and 322 cents. If it loses the last one, Pepe is dead, that's why it is less likely to happen.
Moreover, the support of 468 cents will stay strong, but fake breakdown with the shadow down to 370 cents has great chances to happen.
Don't rush all in. This memecoin needs a ladder of buy orders.
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✅ Good news about eesee.io!
A new CEX exchange announcement coming tomorrow! You can try to guess the right exchange in comments and get a chance to win $100 in #ESE
Source: https://twitter.com/eesee_io/status/1779848617261416930
The crowd needed a -16% correction to start opening SHORT positions and call this dump "a black swan event"
Funding is completely green, good for LONGs.
🐝 BTC UPDATE
As you can see, the dump doesn't look very dangerous even on the 12H chart. On the 1D chart it is even smaller.
The price made a fake breakdown of the ascending and $66,400 supports. Quickly back above both of them.
To be honest, I can't see any reason why Bitcoin shouldn't start a new rally upwards (or at least make another test of $72,000 - $73,000 resistance) during the next working week.
Let me have a sleep. And when I wake up, I promise, I will update this chart with “I told you so” caption 🙏
Читать полностью…👀 Meanwhile, Bitcoin Dominance is about to have the highest 1W closure over the past 3 years
Читать полностью…🫡 The new project we are investing in — MerlinStarter! This is the 1st native launchpad on Merlin Chain and the accelerator for all Bitcoin Layer2 projects.
Merlin ecosystem stands out as the premier BTC L2 solution, gathering significant funds (Amber Group, ArkStream Capital, Basics Capital and others) and traffic. With the combination of the BTC ecosystem, Merlin ecosystem, and the concept of an IDO platform token, it’s certain to be a standout performer in the next couple of months.
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Now, MerlinStarter is gearing up to launch its native token #MSTAR on the platform as the second IDO project. You definitely don't want to miss it, the IDO for #MSTAR is set to launch from April 12th 8 pm to April 15th 11 am (UTC +8 time)!
More info: Website | Twitter | Telegram
🔥 TOP 9 ALTCOINS That Could Still 100x [LAST CHANCE!]
We made a video where shared top of altcoins that are still undervalued or currently located at the bottom and can make HUGE returns in the coming future!
Please like and leave a feedback 🙏
Make sure to watch: https://youtu.be/-JgBb9cn8KQ?si=_xgb-F782tmGZnr_
❗️Placing buy orders on #SEI in the $0.55 area!
This is the zone of strong support, moreover it correlates with the EMA200 on 1D chart. Truly hope that these bids will be filled, it will be literally a perfect entry in this coin.
🟢TOTAL 2 UPDATE (Crypto MarketCap Excluding Bitcoin)
There is a strong support at $930B point, we are about to test it. Quite a healthy retest, we must bounce from there.
However, it doesn't mear rushing into Altcoins at current prices is good. Better to wait for the weekly closure, we may see another -5% -10% dump on alts.
🐱BIG DAY for Merlin Starter! It is going to be a first BTC Layer 2 token on BYBIT!
Yeap, you heard it right, #MSTAR will be listed on Bybit TODAY, at 10 AM UTC. As you know, Bybit is currently at 2nd/3rd place among all top exchanges. Big day for the project and all BTC L2 ones.
But this is not everything, it will also be listed on Gate and MerlinSwap simultaneously. Moreover, later Merlin Chain (native token) will be listed on OKX exchange.
Those who participated in our yesterday giveaway must be proud of themself :)
📍BTC DOMINANCE UPDATE
The dominance broke out of the ascending triangle and now consolidating above — not the best sign for Altcoins.
If you hold spot, then there is no sense in selling there, of course. However, buying alts at the current price might be way too risky to do it.
Find supports and place buy orders on your favs
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📍 #SOL UPDATE
Solana is in correction phase, as every other altcoin now. The first level for buying is $125. This is a very strong support level.
However, if Bitcoin decides to make a fake breakdown of $60,000, we can see #SOL in the $98 - $103 range. Therefore, better to split your buy orders in two.
⛳️ #LINK dumped right to our buy orders, bought a bag at the absolute bottom.
ChainLink has never been lower in pair with Bitcoin. Free money. Hope you are in.
🐝 BTC LOCAL UPDATE
The main support is now located at the $64,000 - $64,700 mark. Buying there makes a big sense (if you've somehow managed to still be not all in crypto).
More likely we will see another test of this support zone. Anyway, the worst events left behind.
The main resistance — $67,700. Once it is broken, we can rally upwards again.
👌 As I said, I just bought more #W on this dump. Now my average entry point is $0.6.
Читать полностью…🐝 BTC UPDATE
Unfortunately, Bitcoin was not strong enough to hold the bear pressure caused by the recent news from the Middle East.
April turns out to be quite eventful month:
- Hong Kong SFC potentially approves ETF (15th of April)
- Bitcoin Halving (19th of April)
- Escalation of armed conflict on the Middle East (possibly this month)
Massive Bullish events overlap with Huge Bearish ones. That's why we need to take a look at the bigger picture...
...overall we can see a continuation of decreasing and another fake breakdown of the $60,000 support level. The shadow might even touch the $54,000 level (but chances are not that high).
What we can surely assume — retail investors will not hurry to put money into high-risk assets (crypto included) when the pease is at risk.
I told you so :)
🐝 Well, jokes aside. Bitcoin broke the ascending trend line downwards, currently sitting slightly below it (which is quite okey, especially during weekend).
This dump was not very harmful though, less than $1B were liquidated in 24 hours and less than $0.5B liquidated in the dump hour, not that much.
Hope you are safe.
Next post — BTC UPDATE.
🩶 In my opinion, it is correct comparing #W with #JUP in terms of post-listing behaviour
Both of them hosted a massive AirDrop that gave thousands of people an opportunity to dump the price right after the listing.
#JUP dumped for 50% before going upwards, #W is down 58% so in my opinion chances of a bottom to be formed at current points are quite high
Compared both charts.
💭 The market is not very active these days.
We are fully packed with Bitcoin (average entry of recent purchases is ~$67,000). We are fully packed with Altcoins (check all previous posts).
Just waiting for now. Fakeout of the ascending support is still very likely to happen.
❗️Buying some #W here!
In my opinion, the bottom is in. Ready to push upwards. However, I might be wrong and it dumps lower to $0.6 — in this case I will just buy more.
The project overall is good and will definitely grow in the Altcoin season, so I am not worrying.
🐝 This trend line on Bitcoin looks way too juicy not to fake it out before going to new highs.
I am not saying it will definitely happen, but if I were market maker, I would make this move
🎖 What a Great Listing happened on #ESE!
Public price: $0.018
Highest price: $0.26 (+1400%)
Current price: $0.15 (+700%)
By the way, eesee.io team has just listed on BingX and MEXC as well!
Overall, this is a very strong project (Launchpad and NFT Marketplace) that has all chances to reach $0.5 in the very close future. Buying here makes a big sense. I don't think the price will fall lower than $0.12 - $0.15 points.
And don't forget to participate in $10,000 raffle using the Official eesee Bot.