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$SHIB now at SR level I've mentioned before, after its price managed to cross above last week high. So if manage to stay above ~2470 will keep chances to pump further to 2820 / 3070 / 3333 If lose and close below + stay there within the following days, that means that something went wrong with market or in the world and crypto bullishness fades away.

$SHIB now at SR level I've mentioned before, after its price managed to cross above last week high. So if manage to stay above ~2470 will keep chances to pump further to 2820 / 3070 / 3333

If lose and close below + stay there within the following days, that means that something went wrong with market or in the world and crypto bullishness fades away.

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#Ethereum dipped under 3427 touching dip buy zone again โœ… I wish I could say that it was it and we are done with the dips, but what kind of TA I would be if I throw around such unfounded statements? ๐Ÿ˜ So be patient. At this stage we may count on more dips - this time under 3260. And if that won't happen we have to wait for price action to form some pattern that would give us a hint on reversal. So far there is none except for relatively good volume coming from each $ETH dip.
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Choppy choppy #Bitcoin price action. Asians disagreed with US pump and dumped it back to the next liquidity pool under 64885. Considering price returned back below developing quarter VWAP, we have the same condition as yesterday with only difference that I moved range bottom lower to 65052. Acceptance below dev Q VWAP will lead to range loss and dump to 63-64k and possible dips down to 59k (HTF range bottom). If $BTC manage to come back above dev Q VWAP today or tomorrow, then nearest target will be dev Q VAH and May VAH around 68500-69000. Nearest liquidity pools: above - 67430 / 69230 / 70200 below - 64090 / 63080 / 60480 Lines on the chart: ๐Ÿ”ธ72132 - May high ๐Ÿ”ธ71363 - March close ๐Ÿ”ธ69667 - week close ๐Ÿ”ธ68540 - week close (May) ๐Ÿ”ธ67577 - May close ๐Ÿ”ธ66653 - week close ๐Ÿ”ธ64025 - last April week close #BTC Trend: D โ–ถ๏ธ W ๐Ÿ”ผ M ๐Ÿ”ผ ๐Ÿค‘ F&G: 74 < 71 < 71 < 74 < 74
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#Ethereum almost got to the target zone I've marked 6 days ago. Missed by 21 dollar. But I'm yet cautious about bullish entries. Last 12H closed bearish, so I believe this chart will require another day or two to draw some certainty. Till then we may expect dips under 3427 and possibly to that zone I've marked as well. Level at 3650 remains decisive for mid term direction. $ETH got to find acceptance above it to go for new ATH.
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๐Ÿ“‰ Bitcoin Daily ๐Ÿ“ˆ #Bitcoin closed week at 66653. That was above higher timeframe range middle and above developing quarter VWAP. Can't say this price action looks bullish, but at least it hasn't yet completely wiped out all the bulls. In short term perspectives there is still a chance for a bounce to May close this week. Higher timeframe picture and conditions remain the same. Acceptance below 66k will lead to $BTC drop down to 63-64k and possible dips down to 59k (HTF range bottom). Last week close gives me bearish vibes - even if this week close above range middle chances to see those dips are close to "guaranteed". Nearest liquidity pools: above - 67260 / 67720 / 69195 / 70290 below - 65675 / 64885 / 64220 / 63080 Lines on the chart: ๐Ÿ”ธ72132 - May high ๐Ÿ”ธ71363 - March close ๐Ÿ”ธ69667 - week close ๐Ÿ”ธ68540 - week close (May) ๐Ÿ”ธ67577 - May close ๐Ÿ”ธ66653 - week close ๐Ÿ”ธ64025 - last April week close #BTC Trend: D โ–ถ๏ธ W ๐Ÿ”ผ M ๐Ÿ”ผ ๐Ÿค‘ F&G: 71 < 71 < 74 < 74 < 70
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#Bitcoin dipped below the range which it started forming on May 15 - precisely one month ago with middle around ~69060 and top at ~72130. That move liquidated stops under 65800 which I indicated yesterday as a guaranteed target for bearish move โœ… If the following days $BTC price close above range bottom, it will be a failed bearish swing with potential to return back to the middle, and potentially to the top. Only theoretically! So far looks like shit =) If the following days price start trading below 66k, it will lead to further retracement to 64k / 63 and possible dips down to 59k (higher timeframe range bottom). Nearest liquidity pools: above - 67720 / 69195 / 70390 below - 64950 / 64270 / 63080 Lines on the chart: ๐Ÿ”ธ72132 - May high ๐Ÿ”ธ71363 - March close ๐Ÿ”ธ69667 - week close ๐Ÿ”ธ68540 - last week close ๐Ÿ”ธ67577 - May close ๐Ÿ”ธ66239 - week close ๐Ÿ”ธ64025 - last April week close #BTC trend: D โ–ถ๏ธ W ๐Ÿ”ผ M ๐Ÿ”ผ ๐Ÿค‘ F&G: 74 < 74 < 70 < 72 < 74
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