LIVETheGodsend
@TheGodsend
Deep crypto since 2017.
I read stories that the charts tell.
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Let's Do a Quick Health Check on the Market...
#Market_Update #BTC 🔥
✅ so i regularly do a "health check" on the market - and look at 3 key charts
- spx for the general market trend
- $BTC for well, btc
- total3 for an idea on how alts are looking
it's proven to be a simple way to be "in sync" with market sentiment
here we go...
1/ spx ( s&p500 index ) 📈
🌡looks healthy & in an uptrend
could see some chop/correction into end of June though
2/ btc 📈
🌡 kinda healthy, but the current support needs to hold.
if the 65-67k support is lost, 60-63k is next.
3/ total3 📈
this includes the total crypto marketcap minus btc & eth
🌡looks okayish, but pretty much depends on btc
could dip a bit lower into the major (thick blue) support area
that may mean 10-20% dips in alts across the board...
Verdict?
- in the short term (next week or two) we could see some downside into end of June if BTC loses 65k...
- for investors, however, nothing much has changed. Probably just some chop before acceleration to the upside
anyway - do reshare and like if the post helped you! :)
✅ so i regularly do a "health check" on the market - and look at 3 key charts
- spx for the general market trend
- $BTC for well, btc
- total3 for an idea on how alts are looking
it's proven to be a simple way to be "in sync" with market sentiment
here we go...
1/ spx ( s&p500 index ) 📈
🌡looks healthy & in an uptrend
could see some chop/correction into end of June though
2/ btc 📈
🌡 kinda healthy, but the current support needs to hold.
if the 65-67k support is lost, 60-63k is next.
3/ total3 📈
this includes the total crypto marketcap minus btc & eth
🌡looks okayish, but pretty much depends on btc
could dip a bit lower into the major (thick blue) support area
that may mean 10-20% dips in alts across the board...
Verdict?
- in the short term (next week or two) we could see some downside into end of June if BTC loses 65k...
- for investors, however, nothing much has changed. Probably just some chop before acceleration to the upside
anyway - do reshare and like if the post helped you! :)
Let's $NOT beat around the bush - we bullish 🚀
- - -
What is #NOTCOİN ?
It is a play-to-earn token integrated into the TON ecosystem, used primarily in a Telegram-based game. Players earn tokens by tapping a virtual coin and completing various in-game tasks. ⭐
This emerging #GameFi star had a fantastic debut a few weeks back 🔥
Everyone in the cryptoverse was talking about it....
I missed the initial run, and am not too pleased with that. However teh market often times gives you a second chance...and now could be it.
- - -
The Chart Says... 👍
NOT has corrected to its 20D EMA at around 1.4c over the last 10 days. The move down looks corrective...
If bulls step in here, we could easily see the next big move coming, which could reach prior all time highs at around 3-3.5c
- - -
What is #NOTCOİN ?
It is a play-to-earn token integrated into the TON ecosystem, used primarily in a Telegram-based game. Players earn tokens by tapping a virtual coin and completing various in-game tasks. ⭐
This emerging #GameFi star had a fantastic debut a few weeks back 🔥
Everyone in the cryptoverse was talking about it....
I missed the initial run, and am not too pleased with that. However teh market often times gives you a second chance...and now could be it.
- - -
The Chart Says... 👍
NOT has corrected to its 20D EMA at around 1.4c over the last 10 days. The move down looks corrective...
If bulls step in here, we could easily see the next big move coming, which could reach prior all time highs at around 3-3.5c
ARE WE RUGGED AGAIN?
That feeling when you buy the the dip but it keeps dipping...and dipping...and dipping some more 😅😅
The market is bleeding today.
Should you be worried? 🤔
Here are 3 reasons why bears may not win this battle in the coming weeks
1/ A 3-MONTH (& counting) BULL FLAG PATTERN 🔥
BTC has been moving within a bullflag for 3 months now. These patterns tend to continue to the upside.
Possible reversal zones -
Price is currently at the major 65-67k area, which could offer support. If that breaks, 61-63k is the next potential support
2/ FOMC MEETINGS HAVE BEEN BULLISH 🤟
We're heading into #FOMC , a major economic calendar event tomorrow.
In the last few months, the FOMC has aligned with key bottoms (credits - 0xGumshoe on X)
3/ WHALES ARE SHOPPING?
Around $1 Billion worth of $BTC was moved off Coinbase a few hours back - are whales out there buying?
VERDICT:
I'm team bull...and looking to buy this dip 🤪
IMO BTC should bounce soon in the low-mid 60k's
What about you...
The market is bleeding today.
Should you be worried? 🤔
Here are 3 reasons why bears may not win this battle in the coming weeks
1/ A 3-MONTH (& counting) BULL FLAG PATTERN 🔥
BTC has been moving within a bullflag for 3 months now. These patterns tend to continue to the upside.
Possible reversal zones -
Price is currently at the major 65-67k area, which could offer support. If that breaks, 61-63k is the next potential support
2/ FOMC MEETINGS HAVE BEEN BULLISH 🤟
We're heading into #FOMC , a major economic calendar event tomorrow.
In the last few months, the FOMC has aligned with key bottoms (credits - 0xGumshoe on X)
3/ WHALES ARE SHOPPING?
Around $1 Billion worth of $BTC was moved off Coinbase a few hours back - are whales out there buying?
VERDICT:
I'm team bull...and looking to buy this dip 🤪
IMO BTC should bounce soon in the low-mid 60k's
What about you...
HODL ! 🐂 🐂
#Bitcoin❗
😺 This $BTC dump seems related to the not-so-bullish #roaringkitty livestream from yesterday...
It is times like this that show how "when BTC sneezes, #altcoins catch a cold" 🥶
🤔 Lesson? It's advisable to hold a good amount of Bitcoin in your portfolio and not be "all-in" high risk alts.
But - hold on bulls, the best times for crypto are yet to come... 👍
📈 What the charts say for Bitcoin-
In the short term, BTC is technically bullish till the 20 day EMA holds..if it breaks below, then we shall re-evaluate!
#Bitcoin❗
😺 This $BTC dump seems related to the not-so-bullish #roaringkitty livestream from yesterday...
It is times like this that show how "when BTC sneezes, #altcoins catch a cold" 🥶
🤔 Lesson? It's advisable to hold a good amount of Bitcoin in your portfolio and not be "all-in" high risk alts.
But - hold on bulls, the best times for crypto are yet to come... 👍
📈 What the charts say for Bitcoin-
In the short term, BTC is technically bullish till the 20 day EMA holds..if it breaks below, then we shall re-evaluate!
CRYPTO WHALE ON A $SHIB SHOPPING SPREE 🐋
In crypto land, a whale has been buying up $SHIB like there’s no tomorrow…
The whale spent 4,849 ETH (~$18.44M) on this purchase.
They have a history of turning $400K into $121M with SHIB (back in 2021). This move suggests they’re anticipating another big price surge. 😮💰
SHIB ECOSYSTEM BUZZING 🦮
But that's not all: SHIB's ecosystem is buzzing. From Shibarium's network boost to Shibdentity and Sheboshis NFTs, innovation is rampant.
Plus, a $12M funding boost from Polygon Ventures for a privacy-focused Layer-3 blockchain? Confidence is sky-high! 🛡️💸
SHIB CHART - BULLISHLY COILED ! 📈
Coming to the chart on the weekly- it looks super coiled. After a strong 360% surge from its lows in early March, it has been consolidating for 3 months now.
The 20 & 50 week EMAs are bullishly crossed & price has tested the major 0.000015-18 region as support.
Overall - with the whale accumulation, and the chart looking coiled - my verdict is bullish in the mid-long term for SHIB.
In crypto land, a whale has been buying up $SHIB like there’s no tomorrow…
The whale spent 4,849 ETH (~$18.44M) on this purchase.
They have a history of turning $400K into $121M with SHIB (back in 2021). This move suggests they’re anticipating another big price surge. 😮💰
SHIB ECOSYSTEM BUZZING 🦮
But that's not all: SHIB's ecosystem is buzzing. From Shibarium's network boost to Shibdentity and Sheboshis NFTs, innovation is rampant.
Plus, a $12M funding boost from Polygon Ventures for a privacy-focused Layer-3 blockchain? Confidence is sky-high! 🛡️💸
SHIB CHART - BULLISHLY COILED ! 📈
Coming to the chart on the weekly- it looks super coiled. After a strong 360% surge from its lows in early March, it has been consolidating for 3 months now.
The 20 & 50 week EMAs are bullishly crossed & price has tested the major 0.000015-18 region as support.
Overall - with the whale accumulation, and the chart looking coiled - my verdict is bullish in the mid-long term for SHIB.
ETH ETF Unleashed: Brace for Impact!
The recent approval of the Ethereum ETF has ignited excitement in the crypto community, and rightfully so! Let’s break down why this development is a game-changer and explore some promising coins to watch:
Ethereum’s Surge 🚀🔥
When the ETF news hit, ETH experienced a significant pump, soaring from its $3,000 lows to nearly $4,000. Bulls are rejoicing, but what’s next?
The Quiet Before the Storm? 🌪
ETH has been relatively calm for about two weeks now. But don’t be fooled—this silence might just be the calm before the storm. Brace yourself for the next big move!
Coin Opportunities 📈📈
As the ETH ETF goes live and the narrative gains momentum, other coins will ride the wave. Which ones? Let’s dive in:
$ETHFI 💸: Etherfi leads the liquid restaking (LRT) market with a whopping $6.5 billion Total Value Locked (TVL). It offers liquidity and staking rewards to users. Keep an eye on this gem!
$OMNI ✨: Omni enables developers to build applications that seamlessly access all of Ethereum’s liquidity and user base. A bridge to opportunity!
$ENA 🪙: Ethena Labs is the creator of USDe, a synthetic dollar on the Ethereum network. Innovative and promising!
Remember, newer coins often have smaller market caps, fresh narratives, and less overhead resistance.
Buckle up, traders and investors—this bullrun is just getting started! 🌟🔥
#EthereumETFApprovalExpectations #LRT #LST #EthereumETF
Ethereum’s Surge 🚀🔥
When the ETF news hit, ETH experienced a significant pump, soaring from its $3,000 lows to nearly $4,000. Bulls are rejoicing, but what’s next?
The Quiet Before the Storm? 🌪
ETH has been relatively calm for about two weeks now. But don’t be fooled—this silence might just be the calm before the storm. Brace yourself for the next big move!
Coin Opportunities 📈📈
As the ETH ETF goes live and the narrative gains momentum, other coins will ride the wave. Which ones? Let’s dive in:
$ETHFI 💸: Etherfi leads the liquid restaking (LRT) market with a whopping $6.5 billion Total Value Locked (TVL). It offers liquidity and staking rewards to users. Keep an eye on this gem!
$OMNI ✨: Omni enables developers to build applications that seamlessly access all of Ethereum’s liquidity and user base. A bridge to opportunity!
$ENA 🪙: Ethena Labs is the creator of USDe, a synthetic dollar on the Ethereum network. Innovative and promising!
Remember, newer coins often have smaller market caps, fresh narratives, and less overhead resistance.
Buckle up, traders and investors—this bullrun is just getting started! 🌟🔥
#EthereumETFApprovalExpectations #LRT #LST #EthereumETF
