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
Damn, 5 sec later und we are up the resistance again. Bears are just ended
1% in a minute candle. Some people are just not finished buying…
Maybe the etf news isn‘t that far away anymore
Expecting eth to catch at the orange line the latest
DiveInDefi
Photo
It is Gary‘s friends of 3rd choice that finally got his notice 😥
By the way:
I totally recommend checking out mining stocks.
Some of them are still at pretty good rates. There are also some that aren‘t on this list
DiveInDefi
Damn, 5 sec later und we are up the resistance again. Bears are just ended
Another 3.5h left to close a few $ higher and we have bullish engulfing on eth as well.
Cant be more bullish. Fomo eating all dips straight up. We are in a bullmarket.
The more I see this price action, the more I doubt a dip to 30-33k ish region.

The only possibility I see is a giga long squeeze candle that instantly buys up again
DiveInDefi
Nice closes on BTC and ETH. Pretty straight forward for both of them: stay above their trends for toda and close the dailys above and we are good to go further ⬆️
Well, very hard to tell what is going to come next.
Be prepared for either way. A proper dip would be healthy for a further uptrend.
As long as we are above the red uptrend my bias stays at further up.

We have bearish divergence tho. So be careful
👏1
DiveInDefi
Quick Sushi update: Forming a bull flag here.
Not everything is bleeding today.

$Sushi broke out of the bull flag.
Let‘s see if we retest the trend to confirm it as a support or if we just keep going
DiveInDefi
Avax?
I know there are many that literally hate AVAX - I know we think a little different about it - sorry.
Either way, chart still looking bullish. If we can confirm this range as support we are looking very good.
If we break down we might see some dippiness.
DiveInDefi
BTW: Link Tokenomics aren't that bullish. Team holds a big portion of the coins. However, they sold a pretty darn big amount at 5$ to fund their business. This is even more bullish for the current upmove.
Some further insights.
As per my understanding, Link has no vesting. They basically hold 50% of the total supply which isn‘t locked in any smart contract.

Basically they can just literally sell insane chunks any day.

On the one hand it is giga bearish of course. On the other hand the token is still very big and this treasury makes it very profitable for them to pump their coin long-term.


That said, for a small cap this tokenomics would be giga bearish. As Link has managed to get a name, many employees and high cap with these tokenonics I feel like its kinda bulish for the project as a whole. They don‘t have stocks to pump their own bags, they literally need to pump link to get rich by selling it high.

Btw once again, I highly recommend this page: https://token.unlocks.app
DiveInDefi
Ok CT pamping my bag. Ty
Not sure if I have monologized about $doge in here before.
It has been ranging in here for over 1.5 years and once again hitting a crucial zone.
If it breaks it is pretty clear that we go to 0.095~ next.

Doge is overdue. Crazy shitcoin and OG meme, but I believe we need Elon to pump it back to glory this bullrun.
He repedeately announced that Doge will play a (big) role in his X payment system. If that is going to happen, I am pretty positive on seing at least ath once which is 9x from here still.
DiveInDefi
Cant talk about it without a chart update: $13.1 next target
Link is bleeding hard like many. BTC is still looking pretty fine for now. Link has lost its uptrend here. It needs to pump quick to confirm it a bear trap only.