$SUN from earlier chilling on weekend, ended up taking this short setup. Doesnât necessarily mean being bearish on market here, just like this setup alot to let go and probably plays out regardless of BTC. Invalidation of accep above 0.038 $SUN
End of 2024 going parabolic for crypto? Now that's the kind of optimism I like to see. The charts will likely look like a rocket launch, and those who've been patient will have the best seats in the house.
Letâs just hope your FOMO can keep up with the speed of the curve! đ $BTC
$WIF - Clean market structure! Bullish Divergence on daily chart! RSI reset! Retraced into perfect zone (golden pocket) This one looks to be primed for the next move! đ„
$WIF - there is a reason why it stopped here. Also eyes đ on $WIF but need to see some daily closurfe above then ill look to bid retest to target 3.5 lvl $WIF
$WIF - there is a reason why it stopped here. Also eyes đ on $WIF but need to see some daily closurfe above then ill look to bid retest to target 3.5 lvl $WIF
NOTUSDT has recently broken its trend line and is likely to experience a pullback before resuming its uptrend. The pair has shown strength and is now above the previous resistance zone which has turned into support. Keep an eye đ on this pair as it potentially targets higher levels.
Price Targets:
Look for a pullback to around $0.01226 before a potential move up. If the trend continues, the next targets could be $0.01700 and $0.02339. Like and comment if you found this analysis helpful! $NOT
As expected, $Btc and $Eth bouncing on support after a vicious selloff. Current look at the $Btc chart has a beautiful dragonfly dogi candle indicating strong reversal off the bottom. Still in my longs and added more đ€đ€. Now approaching the 200ma and the 59.6k resistance. Reaction there is crucial. Rejection is no bueno but if those resistances get reclaimed, GAME ON! $BTC
Throughout 2024, I've talked about the potential that #Bitcoin⯠âŻâŻ could retest the 200-day moving average cloud & still retain bullish price structure.
We just had that retest.
This dynamic range aligns w/ structural support, but it's not promised to hold.
You'll notice that this dynamic range acted as support perfectly in March 2023 & June 2023, but was followed by a breakdown and resistance in August & September before finally breaking back above it again in October.
Investors and traders who positioned themselves based on this indicator have allowed themselves to: âą Secure opportunistic buys at dynamic support. âą Cut losses in breakdowns. âą Re-enter in breakouts.
In other words, align with the trend and remain dynamic & flexible.
I think that's powerful.
If you don't, that's fine. I can only tell you what I think is important and how I'm going to use it to make decisions for myself and my own portfolio.
I bought here, just as I said I would if/when the 200-day MA retest occurred.