📌 A decline until the#FEDinterest rate decision, that is, until September 18. During this period, they can pull the market down to 52K levels with the negative news that will come.
📌 Afterwards, with an interest rate reduction decision to be made from the meeting, it is highly probable that the journey to 68K will begin again and with much harsher movements, and of course, the new bull run will begin when this level is exceeded.
✍️By the way, as can be seen in the graph I shared, the 52K and 68K levels are the wedge support and resistance levels that have been formed since March.
#bitcoin Current view The hourly pennant broke upwards and made a retracement, but I am sharing this share in flag form in case the pennant turns into a flag formation.
To summarize, 📌As long as it holds above 64.5K, its target will be, 👉65.5K in the first stage
and 📌With the possible break of the 65.5K resistance, its target will be, 👉69K levels, which is the downward resistance from March. $BTC
#MASK The chart is very nice. It seems to have jumped on the trend. If the rise continues, the levels I have indicated in the chart are the levels where short-term profits can be taken. Worth following. $MASK #MASK
#bitcoin If we look at the current situation, there is no problem in the general picture. It continues to move within the wedge that has formed since March and its target is the wedge resistance, namely the 69-70K range in the first stage. For the short term, 61.7K is currently working as a strong horizontal resistance. This level needs to be exceeded for the rise to continue.
#WLD When we look at the last 1.5 months, there is a clear positive divergence between the price and the RSI. The price also seems to be breaking the downtrend that has formed during this period. If the rise continues, it will target the level I have indicated in the chart in the short term. Keep an eye on it.
#Bitcoin❗ Current view. It has been moving within the wedge it has formed since March and as long as it remains within the wedge, its first target will be the wedge resistance level.
If we look at the shorter term, it has been based on the downtrend that formed after the last 70K peak and a possible break of this trend may trigger an increase towards the wedge resistance.
I know we have all been through a very annoying process. Especially those who traded in the short term have no patience or money left. Those who bought and waited for long-term products have started to say, “I wish I had bought land, it would have increased by now.” However, there is nothing to do, this market is like this unfortunately. Although its declines are deep and long-term, rest assured that when the rise starts, it makes everyone forget that boring waiting period in a week or two at most. Let's continue to wait without losing our faith that good days will come.🙋
With the dominance reaching resistance, I added a few new products to my long-term basket, in addition to the existing products. The final state of the basket, #RNDR #PIXEL #ARB #SUI #APT #OP #MUBI #XAI#WLD #TOKEN #AGIX #KAS #TARA #RDNT #DYDX #EDU #CEEK #CHAX #SOL #XRP #BPRIVA#HMX
$BTC.D Bitcoin dominance has retested the rising wedge it broke down on the weekly and seems to have received approval.
On the monthly chart, it has touched the falling trend that started the 2017 and 2021 alt bull season. As I said in the post I quoted, now is definitely the right time for a final purchase for the long-term basket of alts or for those who have never bought and are waiting to buy, from a technical perspective. Everyone has their own decision, but I can say this much, I have made my final additions and I continue to throw all the money I have into the long term from these levels.
#bitcoin It is moving within the CME futures gap gap that I mentioned last night. It touched the upper level of the gap, 62.9K, with a pinpoint shot. There is a possibility of a correction to at least 59.6K. Then its target will be 70K.
#bitcoin He made a small touch on the trend support and received a reaction, meaning he maintained his upward trend for now. If the rise continues, it will target the triangle resistance I mentioned in the chart, that is, the 71.5K level. And if it can break this resistance this time, it will target the upper levels I mentioned in the chart. Of course, in this upward scenario, in case the trend breaks down, the levels I mentioned in the post I quoted can be followed as support levels. #Bitcoin $BTC
#FLOKI ✍️ Current view. It retests the bowl-handle formation in 4 hours. If it receives retest approval, that is, if the resistance acts as support, that is, if the formation can close the day above the resistance, the rise will gain momentum. Keep a close eye on it.