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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Forwarded from Moonbags Markets
DiveInDefi
this is what looks like someone jumping off a cliff. That usually hurts
Sold about 50% of my stocks.

Won't touch crypto because I am literally dumb and never sell.

no financial advice! Might be a bear trap and I just rekt myself.
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Still holding all my $COIN. As long as we are above this important support, I won't sell.
DiveInDefi
Bearish confirmation right here
Target is actually just 3% down. still will hurt a lot on some overbought stocks and cryptos
DiveInDefi
Target is actually just 3% down. still will hurt a lot on some overbought stocks and cryptos
Last one for now. We corrected a bit intraday but still below the recent support.

MACD has a bearish cross, and we have bullish divergence for the whole 2024 on the Daily.

Not that stocks sometimes give a shit. This stuff can be very long on stocks. I still reduced a lot today.
Nvidia beat all their expectations.

However, growth declining.

Nvidia down 4% aftermarket, Rivian down 15% aftermarket, SMCI down 8% aftermarket
Who have thought that you cannot unlimitely grow in a market where literally every company has ordered, now supply times go down and every single large player is working on their own chips?

It is a bubble
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Nvidia pumping btc
Guess we need another 1-2 quarters until ppl start selling nvidia
SPX abozt to open at ATH today
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DiveInDefi
SPX abozt to open at ATH today
If we keep going. 5120 is next. Can‘t believe people keep fomoing into nvidia. Best case is we get anither 2 quarters up fueled by nvidia pumps. I won‘t fomo back in at this point. At least not in stocks
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A fresh long-term pick for myself: UOS.

ATH is at $2.50 ish. It has gotten a lot of FUD lately. This good for a great deal.

It might eventually go to 0 but considering literally every bigger older gaming token has done quite well and UOS is only up 50% from cycle low, I think it has a lot of potential.

We are having the falling wedge pattern that we saw on most alts that have gone crazy lately and are pretty far from breaking out.

No hype, but apparently they are still building. Yesterday was a fresh update: https://medium.com/xborg-official/what-is-xborg-3bb2afdfc8d6

No financial advice, just a thought from my side. I bought a small moonbag here with the risk of losing it all. When we get alt season, which I believe is around the corner with ETH over 3k, it should do well.
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DiveInDefi
Just excavated this chart again of BTC. Was in here a few weeks ago. We basically are right into this zone. The Fibonacci 0.618-0.786 is a natural liquidity zone and distribution zone.
Back to BTC. LTF, we are facing this resistance. I am pretty sure with SPX spiking later, we should be able to break this and retest new highs this week.