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$RENDER
bounced from 2023 close and short/mid term targeting ~5.75 zone
Long term good to accumulate on the dips to 3.75-3.95
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Tether have launched USDT on $APT blockchain. APT got to hold above 8.5 to keep chances for fast bounce. That price correlates with Monthly 20sma. If lose that level, next will be ~7.3-7.5 #APT is bullish on Month TF. But depending on lower TF PA, there are different scenarios for November. #Aptos #AptosToTheMoon
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$SEI bounced once from weekly 20SMA and there is a good chance we will see it re-test same level again. In case of breakdown price should drop to the next strong SR zone around 0.305-0.3165 In case of bounce nearest zone of interest is Daily gap with EQ around 0.4 - the rest depends on PA there. In order to reverse back to low TF bullishness SEI got to grow above 0.42 at least. Keep in mind that on month chart #SEI still look very bullish.
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Since I've mentioned $SOL as this season's altcoins King, here is #SOLBTC chart for comparison. While ETHBTC sucks, #SOL is moving within "bull flag" pattern, very close to another breakout 👀
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#Ethereum vs $BTC is a classical instrument to see if alts market is bullish or bearish. Yes, since classical times other influential alts appeared (like SOL), but #ETHBTC remains the main one IMHO. And here we can see total bearishness. Last week $ETH closed below falling wedge lower trendline. If this week keeps that momentum, we may expect it to drop down to ~0.033 (March'21 close). If turn bullish and close this or next week above ~0.038 that PA can be taken as first signs of #ETH bullish reversal (and start of alts season)
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📉 Bitcoin Daily 📈 So glad to see that bullish scenario played out. $BTC broke above 67300 and as expected now doing re-test of developing Year VWAP VAH 🔥🚀 Don't need trendlines to see that this move is looking bullish, as last week's Thursday and Friday rejections wicks are just 0.6-0.75% above and they surely attract price a lot due to huge liquidity hidden above them. So that move is our of questions. And if BTC close Day above 68843, I don't see anything capable of stopping it on the way to 70081. What can be bearish? Surprisingly CME didn't form any gaps, although Friday close at 66663 still haven't been revisited. That makes it an attractive level for revisit in Futures, but its not 100% guarantee. Also Day close below dev. Year VWAP VAH can be taken as a sign of weakness. But lets wait for Monday to close before talking about that. Nearest liquidity pools: above - 69168 / 69853 / 70115 / 72375 below - 67560 / 66938 / 66168 / 65050 #Bitcoin #BTC #BTC☀
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