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
Is it finally time for alt season?
This very much looks like a bottom to me ETHBTC
Forwarded from Watcher Guru
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@WatcherGuru
If we close the daily above 100k and remain here for a few days, we should have some very nice green days on alts.

If we can't manage to hold 100k, this can turn quite quickly again.
$ETH back in the liquidity zone. We probably range here a few days.
If we manage to blast through it, we might revisit 2500 next
DiveInDefi
$SOL TA
$SOL back in its bull zone. Hope we remain up this yellow line.

Memes are going wild already.
Crazy momentum.
When was the last time we have seen $ETH at 18% on a daily.

$ETH and $BTC broke through their resistances just like that. This has to be the most bullish day in half a year.
I really hope we can sustain some momentum. Still somewhat in denial
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If we break ATH on $BTC, 120k is the level to watch for a potential cycle top.
DiveInDefi
Literal 10$ off my target on $ETH
Looking for this yellow circle as a bounce if we retrace further. This would form a very bullish structure on $ETH
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DiveInDefi
BTCd looks like further down. I believe the local bottom is in for alts. NFA
BTCd back in the rising wedge after this previous fakeout. We might have topped here. Let‘s hope it breaks down
DiveInDefi
This is one of the craziest bleed ever. Imagine if this starts to finally bottom. ETHBTC
Not sure if we really going to see last cycle highs again on ETHBTC but its literally 350% gain just to break even against BTC.

I am still very cautious on this current move but if this is going to happen, we will literally see many ETH related alts 10x from current prices.
ETHBTC hitting already on previous high.
Absolute fomo the past days.
DiveInDefi
$ARB as an example. Many such cases.
$ARB has had a very nice rallye so far. Very happy with the 0.3 entry here on break. Falling wedges have never let me down in the past years.
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$ETH next area of interest in the yellow circle. Should act as a pretty heavy resistance.
So far, momentum has not died down much.
Still a bit to go but the market is running hot.
Wouldn't be surprised if we get some quick dumps soon to liquidate some of the longs.
Bitcoin pushing forward, beating previous highs again. I don‘t see much headwind before ATH from a TA perspetive.
Altough a pause/liquidity flushs would be healthy and can be expected any time, these rallyes can go quite hard.
The more people were sidelined, the more fomo there is.

Don‘t overleverage at this point in time and expect crazy volatility.

Some stinky bets (lowballing limit orders) might be good here.