Forwarded from CryptoCapo TG
Today's market dump seems more like a temporary shakeout than the beginning of a significant trend. As long as BTC stays within the range (above 40k-41k), the trend remains bullish but should be nearing an end.
Some altcoins might still have the last pumps while money rotate from BTC to low caps and ETH makes the last move to $2500-2600. Then the local top is in and the reversal to new lows should begin.
Some altcoins might still have the last pumps while money rotate from BTC to low caps and ETH makes the last move to $2500-2600. Then the local top is in and the reversal to new lows should begin.
CryptoCapo TG
Today's market dump seems more like a temporary shakeout than the beginning of a significant trend. As long as BTC stays within the range (above 40k-41k), the trend remains bullish but should be nearing an end. Some altcoins might still have the last pumps…
Capo and Cramer bullish = makes me super nervous.
Next announcment for ETF will decide. Everyone expects a confirmation within this or next week.
Rejection or delay will cause a hefty dump.
Next announcment for ETF will decide. Everyone expects a confirmation within this or next week.
Rejection or delay will cause a hefty dump.
DiveInDefi
Nice flush. Buying more Coinbase here
perfect retest of lower uptrend support on $COIN. Caught the bottom. I do not expect a further dump through the green trend unless BTC dips heavily
DiveInDefi
perfect retest of lower uptrend support on $COIN. Caught the bottom. I do not expect a further dump through the green trend unless BTC dips heavily
got my coinbase stocks back, that i sold just 5$ lower :) feels good :D
DiveInDefi
Given the current PA, these are the 2 most likely scenarios I see for the coming days and weeks, unless we buy that all up today again, then we are giga bullish. ETF rejection of course will nuke us to the 30k region
In the short team this might be the correction. If ETF news come in positively, this is the worse case scenario imo
DiveInDefi
perfect retest of lower uptrend support on $COIN. Caught the bottom. I do not expect a further dump through the green trend unless BTC dips heavily
For you guys to better understand what I am saying on $COIN:
We broke the longterm downtrend only with a major dip (this is where I took some profit).
Now we basically retested the green uptrend (the recent one) and the red downtrend in one day. This is basically a double support zone. This is the reason why I bought some more during this crazy dip. I expect this to hold. If it doesn't, I will get half out. I am pretty confident that it will hold though. BTC is supporting this, at least for the moment
We broke the longterm downtrend only with a major dip (this is where I took some profit).
Now we basically retested the green uptrend (the recent one) and the red downtrend in one day. This is basically a double support zone. This is the reason why I bought some more during this crazy dip. I expect this to hold. If it doesn't, I will get half out. I am pretty confident that it will hold though. BTC is supporting this, at least for the moment
DiveInDefi
For you guys to better understand what I am saying on $COIN: We broke the longterm downtrend only with a major dip (this is where I took some profit). Now we basically retested the green uptrend (the recent one) and the red downtrend in one day. This is basically…
A retest on $147 is possible to still be bullish.
DiveInDefi
DXY has hit the massive dual support of the bull flag and range. I believe DXY 100 can be a bounce region.
✅
DXY, another reason for the dip
DXY, another reason for the dip
Forwarded from Watcher Guru
JUST IN: 🇺🇸 Spot Bitcoin ETF approval is as close to done as we've been, Senior Bloomberg ETF analyst says.
@WatcherGuru
@WatcherGuru
Started with 100$ today, let's see how far I can get it up until I get liquidated :D
$SUI TA per request:
SUI formed a rising wedge - those usually break to the downside.
Similar to BTC, we broke above and are currently retesting the bottom support (of the upper resistance of the wedge # now a support). If this breaks, we shoud retest the 0.68 and then the ~0.62 region. This we also could argue that we had 5 waves up, this would align with a dip to retest the previous liquidity zone.
TL;DR: Break here, retest next 0.68, then 0.62. Bounce: Breakout to the top confirmed and retest 0.92~
SUI formed a rising wedge - those usually break to the downside.
Similar to BTC, we broke above and are currently retesting the bottom support (of the upper resistance of the wedge # now a support). If this breaks, we shoud retest the 0.68 and then the ~0.62 region. This we also could argue that we had 5 waves up, this would align with a dip to retest the previous liquidity zone.
TL;DR: Break here, retest next 0.68, then 0.62. Bounce: Breakout to the top confirmed and retest 0.92~
👍1
DiveInDefi
$SUI TA per request: SUI formed a rising wedge - those usually break to the downside. Similar to BTC, we broke above and are currently retesting the bottom support (of the upper resistance of the wedge # now a support). If this breaks, we shoud retest the…
BTW: Standard bias is always: Support -> it supports -> bounce up.
Reistance -> it resists -> rejection.
This always applies until it doesn't. The more often we test a support or a resistance, the higher the probability that it doesn't act as a a support/ respective resistance anymore.
Reistance -> it resists -> rejection.
This always applies until it doesn't. The more often we test a support or a resistance, the higher the probability that it doesn't act as a a support/ respective resistance anymore.
K
Photo
Currently using it more. The exchange that I am using is Hyperliquid. Basically, it is a decentralized exchange - you use your wallet on Arbitrum to login, deposit funds and trade with the wallet as account. You can withdraw anytime. (You don't use it to buy or sell cryptos, only to long or short them, it is purely a futures market, no spot market)
It seems like it is one of the most liquid dex's out there and it has been pretty nice to use:
- No registration
- Long or short with up to 50x leverage (altough I highly recommend you to max use 3x unless you really know what you are doing)
- Everything runs on their own blockchain but is still blazing fast
- You do not need to approve any transactions, basically it is the same experience like a regular cex and I actually find it easier to trade on as on binance
- It seems like there is a (garuanteed) airdrop for people who use it regularily with a point system the more volume you make
- The con is that it is of course not as liquid as Binance and others but there is definitely enough liquidity to trade. I would highly recommend you to have a 2cnd window open and track the market on the spot market of Binance or Coinbase and trade from the price action there.
- I would also always suggest to use a fresh wallet for stuff like this; don't deposit too high amounts and withdraw when you don't trade. Withdrawing and depositing is super cheap on Arbitrum. I'll see how nice it is to use as a daily driver compared to a cex. I'll let you know
Feel free to check it out. You can use my ref link for a few % off on trading fees:
https://app.hyperliquid.xyz/join/QQQQ
It seems like it is one of the most liquid dex's out there and it has been pretty nice to use:
- No registration
- Long or short with up to 50x leverage (altough I highly recommend you to max use 3x unless you really know what you are doing)
- Everything runs on their own blockchain but is still blazing fast
- You do not need to approve any transactions, basically it is the same experience like a regular cex and I actually find it easier to trade on as on binance
- It seems like there is a (garuanteed) airdrop for people who use it regularily with a point system the more volume you make
- The con is that it is of course not as liquid as Binance and others but there is definitely enough liquidity to trade. I would highly recommend you to have a 2cnd window open and track the market on the spot market of Binance or Coinbase and trade from the price action there.
- I would also always suggest to use a fresh wallet for stuff like this; don't deposit too high amounts and withdraw when you don't trade. Withdrawing and depositing is super cheap on Arbitrum. I'll see how nice it is to use as a daily driver compared to a cex. I'll let you know
Feel free to check it out. You can use my ref link for a few % off on trading fees:
https://app.hyperliquid.xyz/join/QQQQ
DiveInDefi pinned «Currently using it more. The exchange that I am using is Hyperliquid. Basically, it is a decentralized exchange - you use your wallet on Arbitrum to login, deposit funds and trade with the wallet as account. You can withdraw anytime. (You don't use it to buy…»