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$BONK
target zone ~2800
For the dips may expect hunt for liquidity under 2500
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$SUI made a strong bullish impulse. If that wasn't just a pump&dump act, we may expect it to grow higher after pullback and consolidation. Possible target zone for that dip is around 0.7-0.78 (under 2023 close). Safe target for #SUI is around $1 while in longer term and bullish market we may expect it to grow up to ~1.5
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๐ #Bitcoin Daily ๐ Friday close with April close at 60650-60800 zone form an inevitable target for the next week. If $BTC price moves too far from that value during the weekend, there will be a new gap on Monday and, as you already know, those gaps close pretty fast (most of the time). The one that formed on Friday open at 59500 was closed the same day โ #BTC have made two swings up this week reaching minimum expectations for that bounce and closing double CME gap. All forecasts I gave came true ๐ From this stage I find it less predictable. Zone around 64-64.6k might be visited during the weekend, but same chances are for a dip below 59.5k, which can stretch to any length. Nearest liquidity pools: above - 61585 / 62240 / 63084 / 64190 below - 59500 / 58300 / 57730 / 56323 Lines on the chart: ๐ธ64601 - July close ๐ธ62766 - June close ๐ธ60650 - May open ๐ธ58218 - June low ๐ธ56537 - May low Trend: D ๐ฝ W โถ๏ธ M โถ๏ธ ๐ค F&G: 40 < 48 < 20 < 29 < 17
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๐ Bitcoin Daily ๐ Just as I wrote multiple times - gaps always close. Its just a matter of time. This time it happened pretty fast. And there is a new gap on CME chart at 60240-60620. For Binance Futures the the lower value is equal to 59797, so that is the guaranteed target for revisit. That area also correlates with developing Year VWAP at 59501 - high chances to see bullish re-test of that dynamic SR. If dip lower, then next logical target will be stops under 59213 and cover the gap down to 58500. And these zones I mentioned Above zones are for bullish re-test and bounce. If market decide to create another liquidation cascade, this time for longs, obviously $BTC can go lower, but that will be a different scenario, which I don't want to highlight until it becomes visible. Afterall developing week candle is extremely bullish. Nearest liquidity pools: above - 61638 / 62217 / 63054 / 64300 below - 60414 / 58354 / 57710 / 56423 Trend: D ๐ฝ W โถ๏ธ M โถ๏ธ ๐ค F&G: 48 < 20 < 29 < 17 < 26 #Bitcoin #BTC
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$AVAX got to hold within or above ~21 zone on the following weeks to make this a bullish re-test #AVAX
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๐ #Bitcoin Daily ๐ Posting 2H chart for a change. $BTC still moves under Developing Month VWAP at ~57400 as well as below all the major resistance levels. Order Block from August 4th is the nearest and last till developing Year VWAP and middle of CME gap. Close of gaps usually leads to price moving further in the same direction. So if that happens, #BTC will go for stops above ~61065 at least and probably till developing month VAH at ~61666 (this value is constantly changing and moving lower). In case of another rejection potential zone for the dip is developing Monthly VAL at 53130. Overall it seems that zone in between 50k and 58k can become a choppy consolidation range that will last for several weeks. Nearest liquidity pools: above - 57480 / 58035 / 59890 / 61393 below - 56330 / 55777 / 55124 / 54521 Lines on the chart: ๐ธ60650 - May open ๐ธ58218 - June low ๐ธ56537 - May low ๐ธ53329 - July low ๐ธ49027 - January high ๐ธ46210 - 2021 close ๐ธ42314 - 2023 close Trend: D ๐ฝ W โถ๏ธ M โถ๏ธ ๐ค F&G: 20 < 29 < 17 < 26 < 37 #MarketDownturn
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