DiveInDefi
This is exactly what I was talking about. Have seen this so many times with major moving averages like the 100 and 200: It dips below, stays there one day, rekts all the noobs by them having weak hands and selling the bottom. Then the price gets manipulated…
1. day close above 66k ✅
2. day no significant downside. ✅
3. day (today) We need a pump to get the nice bear trap reversal. If we fail to get momentum - „falling off a cliff feeling“, we will head lower. 62-63k, then 57k~
2. day no significant downside. ✅
3. day (today) We need a pump to get the nice bear trap reversal. If we fail to get momentum - „falling off a cliff feeling“, we will head lower. 62-63k, then 57k~
DiveInDefi
1. day close above 66k ✅ 2. day no significant downside. ✅ 3. day (today) We need a pump to get the nice bear trap reversal. If we fail to get momentum - „falling off a cliff feeling“, we will head lower. 62-63k, then 57k~
Good start. Let‘s hope we get some momentum.
Big resitstance is 67k now (unfortunately)
Big resitstance is 67k now (unfortunately)
DiveInDefi
Good start. Let‘s hope we get some momentum. Big resitstance is 67k now (unfortunately)
Downward slope has been decreasing. Decent first signs of a potential reversal
🤞🤞🤞
🤞🤞🤞
DiveInDefi
Downward slope has been decreasing. Decent first signs of a potential reversal 🤞🤞🤞
Good effort so far. Closing the daily above 67k would be a great signal. 2 hours to go
DiveInDefi
Good effort so far. Closing the daily above 67k would be a great signal. 2 hours to go
Daily close was ok. As expected 67k held as resistance. We need a pump follow up here today or tomorrow or we go lower
DiveInDefi
Daily close was ok. As expected 67k held as resistance. We need a pump follow up here today or tomorrow or we go lower
Daily isn‘t over yet. I hope we get some momentum here for a potential LTF double bottom
DiveInDefi
Daily isn‘t over yet. I hope we get some momentum here for a potential LTF double bottom
We didnt. Major support 64.8k hit. If we close the daily below you see the next yellow line
DiveInDefi
We didnt. Major support 64.8k hit. If we close the daily below you see the next yellow line
I do like the wicks we get. Its not pure capitulation, yet. Hard fight between bulls and bears
DiveInDefi
We didnt. Major support 64.8k hit. If we close the daily below you see the next yellow line
We wicked through again but closed above. Same story as before: stay above today, pump tomorrow/within the next 2 days or we go lower.
Forwarded from Brinkie ©
DiveInDefi
We wicked through again but closed above. Same story as before: stay above today, pump tomorrow/within the next 2 days or we go lower.
Well, unfortunately we went another leg down. I drew the next levels for you guys
A few days ago I talked to someone who knows nothing about financial markets. I respect that person but not on any financial discussion.
He told me that he sold all his stocks recently with decent profit and rotated into nvidia. It is now „cheap, only 130$“.
I said, it is currently sitting at ath and is the most valuable company in the world. He responded „good, it will keep going“
I opened a 2x short that night and am up 20%…
As soon as Coinbase is #1 in the app stores, I will exit my alt positions.
He told me that he sold all his stocks recently with decent profit and rotated into nvidia. It is now „cheap, only 130$“.
I said, it is currently sitting at ath and is the most valuable company in the world. He responded „good, it will keep going“
I opened a 2x short that night and am up 20%…
As soon as Coinbase is #1 in the app stores, I will exit my alt positions.