DaanCrypto Updates 🔔
CME Gap closed 👍 Started bidding some tokens I like. ENA, MNT, AAVE, SYRUP, LTC, BTC & ETH Key levels for me remain 112K on BTC & 4.1K on ETH for the mid term bullish bias. Will keep looking for longs and keep invalidation pretty wide to account for further…
Nice bounces on most of these coins, primarily MNT.
Did TP some here and there. Still holding my spot obviously. Just don't want to overstay in perps when we get a bit of a weekend move.
I do generally think these levels should be holding for the bulls. Anything below last week's low wouldn't be good short term imo.
Let's see what next week will bring us :)
Did TP some here and there. Still holding my spot obviously. Just don't want to overstay in perps when we get a bit of a weekend move.
I do generally think these levels should be holding for the bulls. Anything below last week's low wouldn't be good short term imo.
Let's see what next week will bring us :)
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These are the stats for ETH. Also pretty decent chance it takes out those daily/weekly highs based on time & wick size. But the move has been quite large again which does decrease its odds.
Regardless, interesting start of the week and likely going to set the tone for more volatility this week.
Regardless, interesting start of the week and likely going to set the tone for more volatility this week.
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BTC - Has been loving the .786 fibonacci retracements this cycle as I've shown before.
Let's see what reaction we get around this area.
If it doesn't hold here I think it's safe to assume we take out those lows at $112K and sweep liquidity once more. I will say that at that point I will get more on the cautious side as that's my low/mid timeframe line in the sand to maintain the bullish momentum.
Let's see what we can do from here for now. Generally these fib levels have been pretty reliable and an early Monday flush + sentiment shifting pretty rapidly does make for an interesting spot.
Let's see what reaction we get around this area.
If it doesn't hold here I think it's safe to assume we take out those lows at $112K and sweep liquidity once more. I will say that at that point I will get more on the cautious side as that's my low/mid timeframe line in the sand to maintain the bullish momentum.
Let's see what we can do from here for now. Generally these fib levels have been pretty reliable and an early Monday flush + sentiment shifting pretty rapidly does make for an interesting spot.
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Hey guys! I've just uploaded a new video discussing the state of the market with $BTC consolidating as $ETH has been nearing in on its own all time high.
Any help in terms of likes/comments on the Tweet & Video would be much appreciated to push it in the algorithm and help me make more of these for you guys! 😊
🐦 https://x.com/DaanCrypto/status/1957381972621492464
🔗 https://youtu.be/SOUfAB5xyko
If you want to support me and get some exclusive bonusses for yourself, consider signing up for Bybit:
https://partner.bybit.com/b/daancrypto
Join DeFiApp and Participate in Getting the Airdrop and get the faction to the top 50:
https://app.defi.app/join/daancr
Any help in terms of likes/comments on the Tweet & Video would be much appreciated to push it in the algorithm and help me make more of these for you guys! 😊
🐦 https://x.com/DaanCrypto/status/1957381972621492464
🔗 https://youtu.be/SOUfAB5xyko
If you want to support me and get some exclusive bonusses for yourself, consider signing up for Bybit:
https://partner.bybit.com/b/daancrypto
Join DeFiApp and Participate in Getting the Airdrop and get the faction to the top 50:
https://app.defi.app/join/daancr
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BTC - I do feel like these ATH sweeps are often bait as it induces a lot of top calls.
Even though I don't think price has ever set a multi-week top with such a small sweep and retracement.
Made a little scenario I could see happening. Obviously this is a lot of guessing and a bit for fun but I can see this happen like that.
Would also coincide nicely with the usual August/September larger flush we get. Anyways, just figured I'd put that out there. We'll see how it develops :)
Even though I don't think price has ever set a multi-week top with such a small sweep and retracement.
Made a little scenario I could see happening. Obviously this is a lot of guessing and a bit for fun but I can see this happen like that.
Would also coincide nicely with the usual August/September larger flush we get. Anyways, just figured I'd put that out there. We'll see how it develops :)
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