To be completely objective and honest with $BTC and todays heartbreaking dip, when we go to the weekly timeframe, the CRSI and the STOCH RSI are both on oversold territory, while RSI is neutral, descending. I personally believe that the macro economic conditions are preventing all this energy to launch #Bitcoin to 88k and beyond. Retail is simply too scared and OUT OF MONEY. The world is suffering, which means the money printers floodgates of the world are just about to be opened, and when that happens, we will finally see the god candles parade. For now, accept the hits and DCA as long as you can. NFA, DYOR.
As the shape of the macro triangle of $AUCTION describes, main destination is still in the 11.+ area and yes, that is pretty scary but wherever in the fall you bought, or if you get to buy the very dip, please remember that the #bounce back will be quick and strong. IF you are in this token, hodl and DCA. If you are holding to enter, be conservative and consider a higher risk maneuver to go in bellow 12. Good luck and remember this is NFA and always DYOR!
Good morning $AUCTION fam! The red line was breached and now the price is going to the average levels of the local. That means that we can´t rule out yet the 11.58 bottom target, and speaks on the overall status of the whole market. The good news is that the recent pump and dump will be normalized by this price action and we can expect very explosive movements from this token, including visits to the 45 and 55 dollar levels, and beyond. Are you bullish or bearish on #BOUNCE ? Comment and vote. And DYOR. Always DYOR.
Drama time in $AUCTION world! Will the purple box combined with the red trendline be enough to prevent price to go straight to the depts of hell? Will we see a #BOUNCE here? Will there be a new Smurfs movie? I´m running out of popcorn but this is good!
$AUCTION will the purple box resist and #BOUNCE or we are just having a breather before the dip? I need more popcorn. IMO this is a trader´s defining moment. And do not forget the very most important rule of crypto: Buy Low, Sell High. Tell me what you think? And Vote!
$AUCTION in the 4 hours timeframe has abandoned the support box and continues its journey towards the 11:58 potential bottom of the macro triangle. But check the RSI and StochRSI, both in the oversold region, warrantying an explosive #Bounce up at any point during the fall. For me this is a DCA scenario, to keep dry powder until the very last drop. NFA, DYOR.
$AUCTION has found a temporary support on its 0.618 fib. It can go further down, but depending on Bitcoin we can se a #bounce right from here. What do you think? Will it reach te 11.x zone? Lower? Whatever it is, considering the latest developments on this project, the rebound will go beyond its previous lower high. Keep an eye on it!
$AUCTION expected to reach the purple box and #Bounce back up from there to finally break up this triangle. Even when this dip represents damage in the retails view, the fact is that this token has only a 7,640,684 total supply, with a potential 15 to 45 x for this bull run. Smart investors will come back. Taking my entry in $13.78, and longing to the moon. Not financial advice, DYOR. Always DYOR. #Auction
Next target for $G #G #Gravity is 0.05706. You have been warned. Predictions for this token say it will reach an ATH o 0.09 on this cycle, but I personally believe it will break the 65 cents. Please, do not believe me. Ignore me. DYOR.
### **Smart Money Algorithm Analysis:** - **1-Hour Chart:** - **Volume and Price Action:** The price is slightly above the EMA levels, suggesting some buying pressure. However, the wicks indicate that smart money (institutional traders) might have been accumulating during dips, pushing prices slightly up. - **Support and Resistance:** The recent low around 136.10 could be seen as a strong support level, where smart money might have accumulated positions. The price moving up from this level indicates that the support is holding.
- **4-Hour Chart:** - **Volume and Price Action:** The price action on the 4-hour chart shows a slight recovery from a dip. The candlesticks with longer lower wicks suggest that there’s been buying pressure at lower levels, which could indicate smart money accumulating around the 136.10 level. - **Trend Movement:** The slow but steady recovery from the dip around 136.10 indicates that smart money might be positioning for a longer-term move upward, especially as the price begins to stabilize above key EMA levels.
**Trading Considerations:** - **Buy Entry:** Consider entering near the 141.47 level, with a tight stop-loss just below the 136.10 support level. - **Sell Targets:** Look for potential profit-taking at resistance levels around 144.88 and 150.00. - **Risk Management:** Monitor the KDJ indicator and EMA levels closely, as a crossover or price dip below support could signal a reversal.
This analysis suggests a cautiously bullish outlook for SOL/USDT, with smart money potentially positioning for an upward move, especially if key support levels hold.
$ARB #Arb #Arbitrum entered my empty void zone, where I will just watch it fall to my next valid support. Yes, there are other levels in that void but for me, that was it. Or it comes down to 45 as an entry, or will expect a rebound to sell beyond 0.59. Not expecting an upward movement anyways, I believe this needs to get worst before it improves.
Well, guys, no FUD here but, this chart is telling one of two stories. First, a $BTC in a new consolidation, accumulation phase, ready to pump at least 125% from here. All the myths are real and the legend goes on. Second, we topped here and next support down is 41k, to have a second peak by January maybe, no further up than 88k, and a new 4 to 5 years long bear market. No mid terms, just glory or chaos. IMO, the bullish scenario is possible but the catalysts needed for it to happen are only seen in science fiction so far. We need a cease fire, a real pro crypto administration in the US, which is no on the cards right now, and a stronger retail, which is on its knees and hands right now. Literally. The world is broken and yes, #Bitcoin can fix it, but when "broken" also means "Stupid", fix is not a priority. What do you think about todays dip?
I showed this $ARB #ARB chart to my 7 and 11 years old kids and they can´t agree. The 7 years old says it will go to 0.55 and fall below. And the 11 years old says it will tear 60 cents and go straight to 1.25 because they need a new gaming console. I don´t know, but IMO this will revisit first .55 again, unless Bitcoin says otherwise. Long chop, very uncertain and boring, seems to be very bullish to me in the mid term. And you guys, how are you bearing this? Pun Intended! XD
Don´t let the $G pump mess with your hair. Knowing GALXE for over 2 years I can tell you this guys always have a new surprise. Be underexposed to #G #Gravity at your own risk. Always DYOR.
So... $ARB went straight to 0.55 yesterday and had a nice afternoon and night over there. Now it is following ETH and moving towards 60 cents, but people are trading the heck out of it. Orders starting on 0.59 are very serious and will force the 0.60 objective to take tome time. Will it go back to 0.55 and lower because of the incoming unlocks or will it reclaim its expected 1+ price soon? I´m enjoying this chop, and I do believe #ARB #ARBITRUM will make impressive moves in the bullrun.
Make a plan, stick to the plan. Target 0.55 achieved (orders placed at 0.5503). IF it goes lower to under 0.45 I´ll be tempted to deploy more cash. $ARB #ARB
LIVE
Ventasman
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Is 0.5612 the next support to bounce $ARB back up and continue the uptrend? We touched this up trending line without leaving entirely the macro downtrend, in the search for a local bottom. A bounce there could bring us back to 70 cents. But TBH I´m only like 51% optimistic about that.
Is 0.5612 the next support to bounce $ARB back up and continue the uptrend? We touched this up trending line without leaving entirely the macro downtrend, in the search for a local bottom. A bounce there could bring us back to 70 cents. But TBH I´m only like 51% optimistic about that.