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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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.
DiveInDefi
Might be a bull trap/ blow off unless we stay above
Above again. Pretty weak correction so far. We might get some more upside on the LTF.
A proper correction will come. However, it is going to be hard to time and who knows how long the fomo remains. Monday will be important to see if we continue for a few more days or if big money is exhausted. Sunday is the most scammy day of the week so be careful.
$BTC LTF view.
Futures up 1.2%

Week is gonna be crazy.
DiveInDefi
Futures up 1.2% Week is gonna be crazy.
Futures are nearly 3% up. Not sure if I have ever seen this before.
Forwarded from Watcher Guru
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