DiveInDefi
SPX going towards ATH while BTC chills..
SPX about to close at 6900. BTC should follow soon.
If we pump through 6900 the next days, we should have a very good foundation to retest the 50W MA at 102k
If we pump through 6900 the next days, we should have a very good foundation to retest the 50W MA at 102k
Russel2000 (lower market cap stocks, simiar to altseason in stocks), hit new ATH today
DiveInDefi
https://x.com/coinbureau/status/1999086773683519823
If this ever goes live, we will get everything we were waiting for the past years
Forwarded from infinityhedge
China Prepares as Much as $70 Billion in Chip Sector Incentives
At the maximum end, the proposal translates into the largest-ever state-backed semiconductor incentives program conceived, at a time nations from Europe to the Middle East are seeking to ensure local production and supply of a component considered critical to AI and national security.
At the maximum end, the proposal translates into the largest-ever state-backed semiconductor incentives program conceived, at a time nations from Europe to the Middle East are seeking to ensure local production and supply of a component considered critical to AI and national security.
infinityhedge
China Prepares as Much as $70 Billion in Chip Sector Incentives At the maximum end, the proposal translates into the largest-ever state-backed semiconductor incentives program conceived, at a time nations from Europe to the Middle East are seeking to ensure…
SPX is 0.25% away from breaking ATH. Best case for today is closing the day at a new ATH, leaving us with a very nice close for the weekend so that crypto can finally catch up.
DiveInDefi
Bear Flag or ascending triangle? I guess we will find out within the next 1-2 weeks.
Looking more like a rising wedge right now which is equally bad as a bear flag.
If we lose this green support, I fear we will get a very nasty sell off.
If we lose this green support, I fear we will get a very nasty sell off.
DiveInDefi
Looking more like a rising wedge right now which is equally bad as a bear flag. If we lose this green support, I fear we will get a very nasty sell off.
Also we have formed a major downtrend resistance here.
DiveInDefi
the support is 87.7k I am pretty sure we will retest this very soon
Support hit. Now the sweating begins. If this doesn‘t hold, it can quickly become a very painful week.
DiveInDefi
Support hit. Now the sweating begins. If this doesn‘t hold, it can quickly become a very painful week.
A daily Close above 92.2k would be the bullish outcome for today, as it would mark a bullish engulfing candle off a support. Anything below will be worrysome..