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$SHIB still has a lot of potential for growth, if it gonna copy the way of #PEPE and #FLOKI performed. I am buying on spot to take that ride. #MemeWatch2024

$SHIB still has a lot of potential for growth, if it gonna copy the way of #PEPE and #FLOKI performed.

I am buying on spot to take that ride.

#MemeWatch2024

Αποποίηση ευθυνών: Περιλαμβάνει γνώμες τρίτων. Δεν είναι οικονομική συμβουλή. Ενδέχεται να περιλαμβάνει χορηγούμενο περιεχόμενο. Δείτε τους Όρους και προϋποθέσεις.
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📉 #Bitcoin Daily 📈 Bitcoin didn't move anywhere since Saturday review, and therefore all written back then stays valid. The only difference is that we have a new line on the chart - 69667 - week close. Day 20SMA started bending down, so I replaced it with Year VWAP VAH. Even a stronger indicator. Y VWAP is at 58755 now - that is just to give you an idea of what will be the direction of mid term move in case VAH is lost. But since it is growing most probably it will be around 60-61k by the time $BTC gets there (if that bearish scenario happen at all). $ The rest is from Saturday review: #BTC remains within uptrend on day, week and month timeframes. And so far even above D20sma. That means that least bullish expectation is revisit to gap left after the dump - correlates with re-test of upper trendline. Approximate min target is ~70100 zone. Breakout above 72k, which was already tested 3 times within last 3 weeks, should take price to ATH. Nearest liquidity pool is below 68400. Can be wiped out either before or after re-test of 70.1k - won't try to guess the sequence. Another one under 67800 has high chances to be touched on the same impulse move. 💡CPI, Inflation rates and FOMC on Wednesday (June 12th) - prepare for more volatility there. Nearest liquidity pools: above - 70160 / 72200 / 73070 / 74100 below - 68400 / 67800 / 65830 Lines on the chart: 🔸73881 - ATH 🔸71363 - March close 🔸70393 - last W VAH 🔸69667 - week close 🔸68540 - last week close 🔸67577 - May close 🔸66239 - week close 🔸64025 - last April week close Trend: D 🔼 W 🔼 M 🔼 🤑 F&G: 72 < 75 < 72 < 77 < 78
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📉 #Ethereum chart review 📈 Not very clear range for Ethereum, but I'll leave it just as a reminder it is possible. But the main idea I want to share here is that there is a wide gap in volume between those dip lows and breakout level around 3260-3340. So in case $ETH lose that range, it will drop there for sure. May close at 3764 now act as strong resistance. But it also attract price for revisit at some point, so it is high probability target for a bounce as well. In order to destroy all the shorts, #ETH price has to pump through that level and close above ~3850. Its not a forecast - its a condition.
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When alts-season? So far BTC.D is bouncing, but it can actually get rejected at 2023 high and go lower - that will trigger alt season. Otherwise if get above that level and start "trading" there, then can pump to 59-60% Bitcoin Dominance been growing since December'22, and still within uptrend, but momentum is slowing down, although not broken yet. In order to trigger alts-season BTC.D got to close week below June open at 52.24%
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📉 Bitcoin Daily 📈 #Bitcoin wiped out nearest liquidity pool and got rejected from the top of the range, which led to losing upper trendline as well. Dipped under Day 20SMA, which I foreseen as high possibility ✅ $BTC remains within uptrend on day, week and month timeframes. And so far even above D20sma. That means that least bullish expectation is revisit to gap left after the dump - correlates with re-test of upper trendline. Approximate min target is ~70100 zone. Nearest liquidity pool is below 68400. Can be wiped out either before or after re-test of 70.1k - won't try to guess the sequence. Another one under 67800 has high chances to be touched on the same impulse move. Return to bullish vibes comes with #BTC acceptance above 70750 💡CPI, Inflation rates and FOMC on Wednesday (June 12th) - prepare for more volatility there. Nearest liquidity pools: above - 72355 / 72990 / 74100 below - 68400 / 67800 / 65830 Lines on the chart: 🔸73881 - ATH 🔸71363 - March close 🔸70393 - last W VAH 🔸68540 - week close 🔸67577 - May close 🔸66239 - last week open 🔸64025 - last April week close Trend: D 🔼 W 🔼 M 🔼 🤑 F&G: 72 < 77 < 78 < 75 < 73
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Pullback entry at ~0.0242 reached ✅ Nearest $JASMY TP hit ✅ Went up by 83% Next TP at 0.0494 stays valid.
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