Forwarded from CryptoCapo TG
Some altcoins are starting to give bearish confirmations.
DiveInDefi
Adding this 2cnd support line here. I stay with it, above either those -> we good. Below -> we probably not short-term
Btc once again looking to puncture this 38k resistance again. Not many more attemps left to break
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Forwarded from Watcher Guru
JUST IN: 🇺🇸 SEC Commissioner says "there's no reason for us to stand in the way of a Spot Bitcoin ETF."
@WatcherGuru
@WatcherGuru
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DiveInDefi
Higher low bullish retest and link. Same here. Hold and we good. Break = very bad.
Link forming a triangle. Usually this is a continuation pattern. In this case ⬆️
DiveInDefi
Btc once again looking to puncture this 38k resistance again. Not many more attemps left to break
By the way, every weekly has closed above this major trendline so far on btc.
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DiveInDefi
Fomo (yellow) and bullish (red) scenario for me
Bullish case for sushi has come to pass ✅
We need to fight the $1.3~ to push to the next leg up.
We need to fight the $1.3~ to push to the next leg up.
DiveInDefi
Bullish case for sushi has come to pass ✅ We need to fight the $1.3~ to push to the next leg up.
Cup n handle scenario if btc plays with?
DiveInDefi
Uni about to go nuts. No personal love from me after their bs lately. We broke the long term downtrend with a massive 20% spike.
Uni retraced into deep liquidity zone. I would expect the local bottom here.
DiveInDefi
By the way, every weekly has closed above this major trendline so far on btc.
Looks like we 6th green weekly close in a row. This reminds me of the start of the last bullrun in 2020
DiveInDefi
Photo
SOL broke the uptrend today. BTC still in its ascending triangle. It seems like alts want to take a dip. If you ask me this is very good as we need some pause for a longer uptrend. If you are short-term minded I would be concerned for alts right now.
DiveInDefi
Looks like we 6th green weekly close in a row. This reminds me of the start of the last bullrun in 2020
On BTC as said before it is still looking good in general. The only issue I have is that this red circle above could play as a blow-off top. We will have to see what is happening in the next days. Generally spoken it still applies: Red and yellow uptrend unbroken = unconcerned. Break = likely a dip towards 30-34k range.
DiveInDefi
It just keeps going. We are closing on the red cirlce. I wouldn't be surprised to see a small pullback after hitting the red circle before we keep going.
Overshot a little on the SPX but it looks like we are falling over right now.
Stay cautious we might see a dip everywhwere very soon.
Stay cautious we might see a dip everywhwere very soon.
DiveInDefi
https://x.com/edwardmorra_btc/status/1729446653063528479
„ETF might be priced in but dumb/retail money is certainly not. This is what gives us real expansion each cycle. They are not here yet (luckily for us) so when they come - you better be well positioned.“
This is very true.
Dips are buys in bullruns
This is very true.
Dips are buys in bullruns
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