DiveInDefi
BTC forming a rising wedge on the hourly. This is bearish unless breakout to the top. These usually break down tho.
Broke down as expected and now the (less likely) breakout to the top. This is the best case scenario. We must stay above this green trendline now for bullish continuation
While BTC broke important levels to the top, SPX hasn‘t yet. I am still not condifent, yet. SPX needs to break the next levels to not form a lower high.
DiveInDefi
These lines are so powerful
We are currently retesting this trendline. If we hold this is incredibly bullish. Ir not we retest 58.5k at least. Probably further down then.
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DiveInDefi
SPX making good moves breaking previous high. If we close above this red line would be very good
SPX looking decent here, 5483~ next resistance.
DiveInDefi
My next long-term undervalued gaming coin pick up: Chain Games $Chain. Similar to UOS, it is a gaming coin that has yet underperformed the others. We are sitting at 200% up from atl. All time high was $1. UOS was my priority but I have this microcap on…
This shit is playing out insanely well. I hope some of you guys accumulated with me ❤️
I am in this space for war too long and witnessed hundreds of scams, rugs and other BS. Mostly shitty influencers everywhere ripping off their followers by promising something and eventually dumping on them.
The market came a long way since then. Still loads of scams but we finally head into the mass adoption everyone had wet dreams about years ago: ETFs, more and more legalization of crypto: companies, cities banks starting to accumulate $BTC.
Most major companies have been working for years behind the scenes on crypto. Everything is aligning in rapid speed and it will come eventually. As soon as mainstream realizes that, we will get our pump season and when people talk their family into crypto again it is time to take big profits.
Given the circumstances, and I am very sceptical about the world wide economy and crypto can certainly dump again. I just cannot be bearish about the industry as a whole. 90% of the alt projects are scam, the core will survive and stay.
The market came a long way since then. Still loads of scams but we finally head into the mass adoption everyone had wet dreams about years ago: ETFs, more and more legalization of crypto: companies, cities banks starting to accumulate $BTC.
Most major companies have been working for years behind the scenes on crypto. Everything is aligning in rapid speed and it will come eventually. As soon as mainstream realizes that, we will get our pump season and when people talk their family into crypto again it is time to take big profits.
Given the circumstances, and I am very sceptical about the world wide economy and crypto can certainly dump again. I just cannot be bearish about the industry as a whole. 90% of the alt projects are scam, the core will survive and stay.
DiveInDefi
SPX looking decent here, 5483~ next resistance.
SPX broke out of this falling megaphone but currently hits the support of the previous uptrend. I wouldn't wonder if we get rejected at least once. However, SPX is surprisingly strong the previous days