DiveInDefi – Telegram
DiveInDefi
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Crypto, economics, TA & shitposting.

All my personal thoughts. I am not a financial advisor and all my posts are no financial advice! Do not take my words for your
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DiveInDefi
ETH 3k today?
alt crazyness is closer than you might think
$VET request for my man Brinkie: absolutely hit big resistance. Will be tough to break 0.04-0.05. When broken, it should easily go to ~~0.09
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Damn, I am still giga bullish ok Coinbase. Long long term (1-3y time frame, bull peak), I see $1000 very possible.
DiveInDefi
DXY has hit the massive dual support of the bull flag and range. I believe DXY 100 can be a bounce region.
Crazy to see that this was absolutely on point. Yet, DXY went up for weeks and rest did as well. Asian markets have been funding this this dual bullrun.
DiveInDefi
Crazy to see that this was absolutely on point. Yet, DXY went up for weeks and rest did as well. Asian markets have been funding this this dual bullrun.
For your information what I mean with this:
Evergrande is bankrupt:

Evergrande is a Chinese real estate conglomerate known for its massive debt obligations. Currently, it's facing a severe financial crisis due to its inability to repay debts, triggering concerns about potential defaults.

This makes Chinese investors invest a lot of money in US stock markets, even though they pay a hefty premium.
DiveInDefi
For your information what I mean with this: Evergrande is bankrupt: Evergrande is a Chinese real estate conglomerate known for its massive debt obligations. Currently, it's facing a severe financial crisis due to its inability to repay debts, triggering concerns…
If you look at SHCOMP: the Shanghai Composite index, it has been down only since mid of 2023.

Why is this important for anyone who is not investing in Chinese stocks?

It makes this pump very unhealthy.

On forward decisions I make it pretty simple for myself:
- As long as SPX is above 5000 = chill.
- As long as SPX is above previous ATH (4820) = cautious
- Break previous ATH and bearish retest from below to confirm a potential downtrend = reduce positions.
SPX has formed a pretty nasty hanging man candle. A retest of 4820 in the next week(s) is very possible.
Forwarded from K
APT wicked above but got rejected which is a bearish rejection. Now we bounced off the liquidity again. It is likely we retest the resistance again from below as long as BTC plays with. If not, we probably consolidate more on the liquidity zone and gotta see where it goes then.
Alts look like they are going to pump within the next hours
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DiveInDefi
Alts look like they are going to pump within the next hours
Many alts been very green. Eth also looks like the next leg up is loading.

I am very cautious for the next 7 days though. If stocks take a nosedive, it will affect crypto. Meanwhile enjoy the pumps ✌️
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Total market cap breaking its resistance today. Let‘s pray we get another stock boost and we should be ready for alt season finally.
$CAW - a shitcoin I held for 2 years looks primed for breakout
$JUP looks promising. Higher low and hitting on last bigger resistance.