Update for $PEPE chart.

Week look good for a bounce and even another leg up. Day chart yet choppy, supports the idea of random wicks down and up before we see the result.

📉 Bitcoin Daily 📈

#Bitcoin dropped back to the bottom of that range it started forming month ago.

Short term I can see two almost guaranteed targets for price to visit. Those are May close at 67578 (above) and ~65800 below, which hides huge liquidity from stops under all buy tails within past month. Also correlates with quarter VWAP.

Higher timeframe picture - $BTC remains within month uptrend and week bullish consolidation range. If middle of that range will be lost (trigger - week close below ~67.7k) price will come back to the bottom around 59-62k


Nearest liquidity pools:
above - 67707 / 69195 / 70320 / 70800
below - 66150 / 65725 / 64233 / 63080

Lines on the chart:
🔸72132 - May high
🔸71363 - March close
🔸69667 - week close
🔸68540 - last week close
🔸67577 - May close
🔸66239 - week close
🔸64025 - last April week close

#BTC Trend: D ▶️ W 🔼 M 🔼

🤑 F&G 74 < 70 < 72 < 74 < 72

$NOT made another dip to 4H FVG, just as I forecasted. Not as low as I thought it will, but at this stage we can't confirm its over with dips. So still might get there.


Developing Daily 20SMA at 0.01576 now and act both as a magnet and support. So dips to that level are highly possible and can be a bullish buy opportunity in case there will be high volume and price will be pushed back up fast. If that don't happen, watch the following levels for PA: 0.0145 / 0.0132 / 0.0120

#NOTcoin #NOT #NOTUSDT

Dollar Index followed my drawing and now at the stage of inevitable bounce after the dump. I've added yellow line to show another possible scenario with rejection from last May week high and return back to May close at ~104.22

Today PPI at 12.30 UTC, so we should see some more volatility. The higher this week close, the higher are chances for #DXY to continue towards 105.4-105.7 as per original drawing scenario.

#DollarIndex #DollarDominance

$CRV Founder, Michael Egorov, got liquidated. Users massively move CRV to exchanges and dump it. Which probably make no sense at this stage from TA point of view, although bounce to 0.326-0.360 zone is possible.

Still I would not recommend buying CRV even on that dump, as there are no guarantees project will remain active without it's founder interest. Stay safe 🙏

📉 Bitcoin Daily 📈

#Bitcoin hit both target zones within one day. Pretty messy crypto style price action, although I'd like to point out, that Gold did the same.

Tuesday dump candle range 66240-67577 act as support now. $BTC got to close week above June open to keep the chances for bullish summer. Otherwise the following weeks can easily take price back to the bottom of high TF range at 59-62k

Condition for bullish scenario stays the same - when #BTC find acceptance above year VWAP VAH. Yesterday got rejected there.

Nearest liquidity pools:
above - 69200 / 69870 / 70680 / 72240
below - 66623 / 65760 / 64233 / 59960


Lines on the chart:
🔸72132 - May high
🔸71363 - March close
🔸69667 - week close
🔸68540 - last week close
🔸67577 - May close
🔸66239 - week close
🔸64025 - last April week close

Trend: D ▶️ W 🔼 M 🔼

🤑 F&G: 70 < 72 < 74 < 72 < 75

#Ethereum chances for the following candles to dip lower stay high (close to 100% guarantee).
✅
March close at ~3650 now act as nearest strong resistance.
✅

I don't know how this shitshow will end, but $ETH breakout level around 3260-3340 remains valid target if it all collapse.

And for bullish scenario we got to see #ETH 4H close above same SR zone at 3650

At this moment SPX, NDX look same - they also pumped with a gap and either pulling back or look like will do that tomorrow. Dow Jones and Gold look even weaker.

$BOME has support at ~0.0094 and nearest resistance at ~0.01111 (May POC). Above it wide fair value gap up to 0.013 - middle of FVG around 0.0125 is potential target if on that bounce #BOME manage to break through nearest SR zone.

$HIGH approaching zone for buys at 2.25-2.60

This or next week will be there.

$SYN is trending in Binance search after pumping by 25% today. Certainly you don't buy spot after such a pump. But if #SYN manage to stay above 0.62 SR on pullback, it can grow higher on the next leg up

📉 Bitcoin Daily 📈

#Bitcoin cleared nearest liquidity pool under ~66155 ✅ Closed above that level which might be a swing failure - bullish pattern. But too early to confirm that.

Today CPI and Inflation rates at 12.30 UTC and FOMC at 18 UTC time. As I wrote before, there was no correlation with global markets in this crypto dump. Stocks actually performed pretty well yesterday. And Dollar Index so far follows the drawn path I've shared two days ago. So I don't see any sufficient bearish pressure on $BTC outside of crypto world.

Target for that bounce is May VAH zone + year VWAP VAH around 69.2k (for the wicks). These are conservative targets that assume rejection and pull back to 67600 at least with further consolidation.

Bullish scenario comes into play if #BTC find acceptance above year VWAP VAH.

Nearest liquidity pools:
above - 68256 / 68840 / 70400 / 72240
below - 66905 / 65760 / 64233 / 59960


Lines on the chart:
🔸73881 - ATH
🔸71363 - March close
🔸70393 - last W VAH
🔸69667 - week close
🔸68540 - last week close
🔸67577 - May close
🔸66239 - week close
🔸64025 - last April week close

Trend: D ▶️ W 🔼 M 🔼

🤑 F&G: 72 < 74 < 72 < 75 < 72

$PEPE follows market vibes. Recent dips reached nice SR level at 1100-1140, but I can't be sure that it was the last dip. In order to confirm end of correction PEPE got to close 4H above 1300. Before that none of moves have bullish value.


If there will be more dips, then zone of interest starts under ~1080 and since there is a wide FVG price can easily dip down to 950-1000. These are short term targets that can be reached within this week.

I'm pretty sure #PEPE will revisit 1340-1400 zone at some point, but I won't try to guess, if it will happen after the dip, or instead of it.

I saved you from FOMO influencers calling for new highs 🤝

$NOT dipped below Monday low and failed to reclaim it after. That led to over 30% loss in price since last update. At this moment all I can say is that we may expect another dip into 4H FVG around 0.0145 where price may stretch further. In my opinion that will be a good zone to look for spot entries. At least for a short term scalp.


The rest depends on BTC. So far it doesn't give bullish vibes on week chart based on developing candle. Got to close week above 67800 to make it back.

📉 #Bitcoin Daily 📈

Bitcoin touched minimum bullish target at 70100 and got rejected there ✅ During the night it went down and wiped out two nearest liquidity zones I've marked yesterday ✅

So why is it dumping? Obviously there was no movement in stock indices over night and Dollar Index haven't moved much either. So no triggers there. Seems like $BTC is falling on its own this time. Probably this is a reaction to uncertainty in DXY and stocks. Market participants are de risking in anticipation of some future bearish move which we don't see on the charts yet.

Market is preparing for Wednesday CPI, Inflation rates and FOMC. How far #BTC will dip on that impulse yet unclear, but if it goes lower, nearest liquidity pools are under 66155, 65830 and 64600. Might bounce here, but no confirmation for that yet.

Month 20sma is around 63080 now correlating with May POC. If that move will lead to further correction most probably we will see BTC there as well within week or two. Target for the bounce is 68200 - 69000.

💡CPI, Inflation rates and FOMC on Wednesday (June 12th) - prepare for more volatility there.

Nearest liquidity pools:
above - 70460 / 72370 / 74100
below - 66430 / 65600 / 64233


Lines on the chart:
🔸73881 - ATH
🔸71363 - March close
🔸70393 - last W VAH
🔸69667 - week close
🔸68540 - last week close
🔸67577 - May close
🔸66239 - week close
🔸64025 - last April week close

Trend: D ▶️ W 🔼 M 🔼

🤑 F&G: 74 < 72 < 75 < 72 < 77

📉 #Bitcoin Daily 📈

Bitcoin didn't move anywhere since Saturday review, and therefore all written back then stays valid. The only difference is that we have a new line on the chart - 69667 - week close.

Day 20SMA started bending down, so I replaced it with Year VWAP VAH. Even a stronger indicator. Y VWAP is at 58755 now - that is just to give you an idea of what will be the direction of mid term move in case VAH is lost. But since it is growing most probably it will be around 60-61k by the time $BTC gets there (if that bearish scenario happen at all).
$
The rest is from Saturday review: #BTC remains within uptrend on day, week and month timeframes. And so far even above D20sma. That means that least bullish expectation is revisit to gap left after the dump - correlates with re-test of upper trendline. Approximate min target is ~70100 zone. Breakout above 72k, which was already tested 3 times within last 3 weeks, should take price to ATH.

Nearest liquidity pool is below 68400. Can be wiped out either before or after re-test of 70.1k - won't try to guess the sequence. Another one under 67800 has high chances to be touched on the same impulse move.

💡CPI, Inflation rates and FOMC on Wednesday (June 12th) - prepare for more volatility there.

Nearest liquidity pools:
above - 70160 / 72200 / 73070 / 74100
below - 68400 / 67800 / 65830

Lines on the chart:
🔸73881 - ATH
🔸71363 - March close
🔸70393 - last W VAH
🔸69667 - week close
🔸68540 - last week close
🔸67577 - May close
🔸66239 - week close
🔸64025 - last April week close

Trend: D 🔼 W 🔼 M 🔼

🤑 F&G: 72 < 75 < 72 < 77 < 78

📉 #Ethereum chart review 📈

Not very clear range for Ethereum, but I'll leave it just as a reminder it is possible. But the main idea I want to share here is that there is a wide gap in volume between those dip lows and breakout level around 3260-3340. So in case $ETH lose that range, it will drop there for sure.


May close at 3764 now act as strong resistance. But it also attract price for revisit at some point, so it is high probability target for a bounce as well. In order to destroy all the shorts, #ETH price has to pump through that level and close above ~3850. Its not a forecast - its a condition.

When alts-season?

So far BTC.D is bouncing, but it can actually get rejected at 2023 high and go lower - that will trigger alt season. Otherwise if get above that level and start "trading" there, then can pump to 59-60%

Bitcoin Dominance been growing since December'22, and still within uptrend, but momentum is slowing down, although not broken yet. In order to trigger alts-season BTC.D got to close week below June open at 52.24%

📉 Bitcoin Daily 📈

#Bitcoin wiped out nearest liquidity pool and got rejected from the top of the range, which led to losing upper trendline as well. Dipped under Day 20SMA, which I foreseen as high possibility ✅

$BTC remains within uptrend on day, week and month timeframes. And so far even above D20sma. That means that least bullish expectation is revisit to gap left after the dump - correlates with re-test of upper trendline. Approximate min target is ~70100 zone.

Nearest liquidity pool is below 68400. Can be wiped out either before or after re-test of 70.1k - won't try to guess the sequence. Another one under 67800 has high chances to be touched on the same impulse move.

Return to bullish vibes comes with #BTC acceptance above 70750

💡CPI, Inflation rates and FOMC on Wednesday (June 12th) - prepare for more volatility there.


Nearest liquidity pools:
above - 72355 / 72990 / 74100
below - 68400 / 67800 / 65830

Lines on the chart:
🔸73881 - ATH
🔸71363 - March close
🔸70393 - last W VAH
🔸68540 - week close
🔸67577 - May close
🔸66239 - last week open
🔸64025 - last April week close

Trend: D 🔼 W 🔼 M 🔼

🤑 F&G: 72 < 77 < 78 < 75 < 73

Pullback entry at ~0.0242 reached ✅

Nearest $JASMY TP hit ✅ Went up by 83%

Next TP at 0.0494 stays valid.