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$BAKE
month chart looks good imho. Might need another dip to get liquidity for breakout though
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#Ethereum dipped under 2400 and then reached ~2500 zone â â Got to 2490. Now moves along developing Year VWAP VAL, so again in no clear direction zone. Break above last rejection candle high (~2520) should push $ETH price further to 2550-2590. Acceptance below dev Y20sma may lead to more dips under 2430 which may result in either quick bounce back to 2500 (and go for breakout), or dump for liquidity under 2355. Which of these moves will happen will be more clear next week. Most important levels on #ETH chart are: * August close at 2512 * developing Year VWAP VAL at 2490 * developing month 20sma at 2455
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đ #Bitcoin Daily đ $BTC finally picked up bullishness from stocks and Friday pumped even higher than I could imagine. Nice bullish momentum on daily should be picked up next week. But developing week doji candle now has a very long buy tail, which usually attracts price to return back and cover part of its length. So the 4H gap left behind also correlates with that dips scenario. Equilibrium at ~61700. The only question is when this down-move will happen. Friday close at ~62509 will be the nearest target for next week volatility. This is for the case if #BTC pump higher during this weekend. Extreme bullish scenario - BTC pumps higher towards 1H gap around 64.8-65k and start correction from there. That scenario still assumes high chances for pullback to ~61700, so don't get overexposed into longs at that stage. Nearest liquidity pools: above - 63537 / 64770 / 65405 / 66130 below - 62256 / 61693 / 61078 / 59800 Lines on the chart: đž64601 - July close đž63309 - September close đž62766 - June close đž58942 - August close đž57446 - day swing fractal đž56000 - September buy tail EQ
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đ #Bitcoin Daily đ Been writing about developing Year VWAP revisit since last Saturday. Everything came true â Warned means ready đ Day candle closed high above last week low, so that price action can be taken as swing failure with good chances for bullish continuation. The strength for that theory is in the zone that price bounced from - not just a blank spot on the chart, but important high timeframe level. Nearest target for $BTC bounce is 61600. At 62k price will find first resistance. That will be the level to watch price action and make decision on the next possible step. Nearest liquidity pools: above - 61596 / 62485 / 63050 / 64770 below - 60000 / 59375 / 58866 / 58550 Lines on the chart: đž64601 - July close đž63309 - September close đž62766 - June close đž58942 - August close đž57446 - day swing fractal đž56000 - September buy tail EQ Trend: D â¶ïž W â¶ïž M â¶ïž #BTC #bitcoinbottom
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Not taken seriously by majority this $NEIRO short setup reached over 2:1 RR today. Trade against majority FOMO and take profit đ Stop loss for this short moved to breakeven đđŒ
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đ Bitcoin Daily đ Both target zones I've marked for FOMC volatility reached â If $BTC won't stop here (and I don't yet see clear signs for that) next should be hunt for liquidity under last week low at 59815. The result of that move hard to predict, as all depends on how price react. If close below without any buy tails, most probably will go lower towards ~56000. If wick below and close above, then good chances for a bounce. High timeframe bullish structure remains until #BTC cross below 52511. But won't lie, that kind of correction shake my feelings a little. And I will be very worried for uptrend if cross below 57446. Nearest liquidity pools: above - 61923 / 62467 / 63110 / 64346 below - 59945 / 59640 / 59023 / 57175 Lines on the chart: đž64601 - July close đž63309 - September close đž62766 - June close đž58942 - August close đž57446 - day swing fractal đž56000 - September buy tail EQ Trend: D â¶ïž W â¶ïž M â¶ïž đ± F&G: 39 < 49 < 49 < 50 < 50 #Bitcoin #Bitcoinâ
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