X(Twitter)🌐: @josnbulls. Once a critic, now an avid crypto advocate & Investor. Blockchain & NFT enthusiast. Learning trading from the highs and lows everyday.
📈 Finally the boring consolidation near the local support comes to an end. Although yesterday's bounce has brought back the positive sentiment much needed with ETH closing above $3400 and large cap alts joining the party. Yet the strong wave is still missing.
Meanwhile the big players are fighting it back with Hbar having a good bullish daily candle closing above $0.27 The price has respected the bullish flag throughout after the top forming just above $0.39
Looking solid as of now breaking above the crucial resistance $0.3 and double digit gains for the day. The good news is the price has broken above the middle band (20EMA) and the volume is formidable.
Expected monthly closing above $0.45
Let me know how many of you bought the recent dip and opened long positions today.
📈 Finally the boring consolidation near the local support comes to an end. Although yesterday's bounce has brought back the positive sentiment much needed with ETH closing above $3400 and large cap alts joining the party. Yet the strong wave is still missing.
Meanwhile the big players are fighting it back with Hbar having a good bullish daily candle closing above $0.27 The price has respected the bullish flag throughout after the top forming just above $0.39
Looking solid as of now breaking above the crucial resistance $0.3 and double digit gains for the day. The good news is the price has broken above the middle band (20EMA) and the volume is formidable.
Expected monthly closing above $0.45
Let me know how many of you bought the recent dip and opened long positions today.
Dear FOMO buyers, Newbies and late coming retailers, please keep buying the top and selling the bottom.
The market is shaking out all those late overconfident longs and new retail noobs who think they're the Bulls and making money in crypto is super easy. 😂
How many times do I need to say "Crypto isn't for the weak"
Please don't leave crypto and keep doing what you're best at.
Else how whales, HNI's & smart retailers will make money? 🤭
WazirX (WRX) Crashes 50% On Binance Delisting And Fresh Probe.
WazirX (WRX) price slipped more than 50% today after Binance announced the delisting of the token and the Delhi High Court ordered a fresh probe on the hack case after the highly efficient DelhiPolice produced a "No Case" report on the hack.
📊 Finally it started to dump after forming the "Triple Top" and now it'll bleed even further. 📉
I expected a bearish flag breakdown and it seemed to be appearing at times as well. But it was a bit early to call andthat's how the liquidity grab concept works and it broke above the flag.
BTC made a new ATH, the dominance went up accordingly and after completing the top it's going south ⬇️
The time has arrived. Recent highs will be broken again, ATH of the previous cycle will be met again and we'll witness another exciting journey ahead.
That bearish flag on hourly time was the last resort to test those support zones in altcoins and without fail it attempted to break the resistance trendline.
But the trend is bearish on the BTC dominance chart and we went through that obstacle at the start of the week. So the price is respecting the bearish flag pattern.
And what a bear trap it was!!
Now when the resistance $2900 has been retested and got rejected, BTC.d will head straight towards the support trendline. Once that lower trendline is broken, the last support will be tested once.
Dear fam, welcome to the beginning of the next leg of the altseason.
That bearish flag on hourly time was the last resort to test those support zones in altcoins and without fail it attempted to break the resistance trendline.
But the trend is bearish on the BTC dominance chart and we went through that obstacle at the start of the week. So the price is respecting the bearish flag pattern.
And what a bear trap it was!!
Now when the resistance $2900 has been retested and got rejected, BTC.d will head straight towards the support trendline. Once that lower trendline is broken, the last support will be tested once.
Dear fam, welcome to the beginning of the next leg of the altseason.