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cryptox404
Bearish
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$BTC update : it's still under ATH resistance and i expecting today move DOWN. at least to the short term support. trade will be invalidated tomorrow due to weekends. #btc #btcusdt

$BTC update :

it's still under ATH resistance and i expecting today move DOWN. at least to the short term support.

trade will be invalidated tomorrow due to weekends.

#btc #btcusdt

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$NOT perfectly played out my scenario based on TA
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$PEPE Sunday update ♦️ #pepe looks bearish right now. 1 week ago everyone was dreaming to buy it at the big daily support line, they thought it's impossible to reach so was buying at ATH. now it reached support line but no reaction. looks like no one want to buy it here already as everyone already bought. and people who bought before and did x5-10 starting to fix it. if #pepe lose this daily support line then mid/longterm view on pepe will turn to bearish, which will attract more people to sell as it isn't growing as they thought. they will realized that their dreams about x10 from ATH will not happens and they will sell. as longer it will not grow, more people will sell. now no good entries . it's oversold in short term and sitting at the support. however I think it will not hold and move will be DOWN my analytics are free. however if it was helpful please press tip below to support my channel ♥️
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Sunday market update ♦️ : $BTC is not moving due to weekends. otherwise it will be GAP. but you can check alts mood to predict next BTC move. alts are slowly bleeding on weekends (example $PEPE $NOT ) it's means people fixing their profit even after alts drop and here is no buyers at this lvls (they were, but they re fixing fast profit (example they bought pepe at 0.0114 at the support and sold it at 0.013, they aren't holding their position with SL breakeven as they aren't sure it will continue go up)) = people are not sure that #btc from weekly opening will go up and they started to realized btc was at ATH and btc can continue go to correction = alts will be move down more. so, for now I am expecting move down from the weekly opening. however btc on Monday sometimes do fake moves (it can make fake grow to 71k again and drop instantly down ) = reason of this move is to make big wick on weekly candle which will showing bearish mood by chart on weekly. smth like his. so far just my thoughts. closer to Sunday ends we will see it more clearly my analytics are free, however if it was helpful please press tip below to support my channel, thanks ♥️
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my opinion about this drop. can be helpful info for people who isn't long time in crypto ♦️ u guys should understand that this drop not because of "some whales who manipulating the market" and so on. it's just very normal reaction $BTC on ATH lvls. if you gonna buy coin at ATH you will feel same feelings very often. #btc lost just 4% actually. i would say it's not even drop. big drop is 10% for btc daily candle. some time happens even 20-30%. and drop most of the time much faster then rise so if you long altcoins, you should always check many things here in crypto. example - mood of btc. mood of ETH. mood of meme coins, if you long #wif you should check the leader of meme coins which is currently #pepe . and so on. and you should understand that alts almost always losing much more then BTC when btc drop (yes it depends on seasons, but usually alts dropping much harder) and also for them is easier to grow. reason is - btc has more heavier market capitalization then alts. harder to grow fast, harder to drop fast. also coins which was growing a lot before, example: $PEPE and $NOT , #trb , when market correction starts they will lose much more in correction time because they was growing a lot too hope will be helpful for someone ♥️ my analytics are free. however if you think I deserve some tips, please press tip below to support my channel, thanks :)
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market update : I closed all longs on futures.(holding only $TRB with breakeven SL but it probably will hit now) I expected move up for best looking alts at the weekends but it's lost momentum. better just sit and watch right now
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