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$BAKE
month chart looks good imho. Might need another dip to get liquidity for breakout though
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📉 #Bitcoin Daily 📈 Been writing about developing Year VWAP revisit since last Saturday. Everything came true ✅ Warned means ready 👍 Day candle closed high above last week low, so that price action can be taken as swing failure with good chances for bullish continuation. The strength for that theory is in the zone that price bounced from - not just a blank spot on the chart, but important high timeframe level. Nearest target for $BTC bounce is 61600. At 62k price will find first resistance. That will be the level to watch price action and make decision on the next possible step. Nearest liquidity pools: above - 61596 / 62485 / 63050 / 64770 below - 60000 / 59375 / 58866 / 58550 Lines on the chart: 🔸64601 - July close 🔸63309 - September close 🔸62766 - June close 🔸58942 - August close 🔸57446 - day swing fractal 🔸56000 - September buy tail EQ Trend: D ▶️ W ▶️ M ▶️ #BTC #bitcoinbottom
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Not taken seriously by majority this $NEIRO short setup reached over 2:1 RR today. Trade against majority FOMO and take profit 😎 Stop loss for this short moved to breakeven 👌🏼
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📉 Bitcoin Daily 📈 Both target zones I've marked for FOMC volatility reached ✅ If $BTC won't stop here (and I don't yet see clear signs for that) next should be hunt for liquidity under last week low at 59815. The result of that move hard to predict, as all depends on how price react. If close below without any buy tails, most probably will go lower towards ~56000. If wick below and close above, then good chances for a bounce. High timeframe bullish structure remains until #BTC cross below 52511. But won't lie, that kind of correction shake my feelings a little. And I will be very worried for uptrend if cross below 57446. Nearest liquidity pools: above - 61923 / 62467 / 63110 / 64346 below - 59945 / 59640 / 59023 / 57175 Lines on the chart: 🔸64601 - July close 🔸63309 - September close 🔸62766 - June close 🔸58942 - August close 🔸57446 - day swing fractal 🔸56000 - September buy tail EQ Trend: D ▶️ W ▶️ M ▶️ 😱 F&G: 39 < 49 < 49 < 50 < 50 #Bitcoin #Bitcoin❗
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#Ethereum making it look attractive with that last 4H candle. Should grow higher, at least to ~2500 within short term. The rest depends on how it will react to developing Year VWAP VAL there. Break above last rejection candle high (~2520) should push $ETH price further to 2550-2590. These are nearest levels I see. The rest is really unpredictable since this chart is still moving sideway, so dips under 2400 are realistic and can happen after any strong high volume rejection (wherever it happens). Most important levels on this chart are: * August close at 2512 * developing Year VWAP VAL at 2500 * developing month 20sma at 2447
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$DOGE bounced from M20sma ✅ but I can't call that bounce strong. High chances for another revisit to same SMA and possibly hunt for stops under 0.09829 Meanwhile daily gap at 0.1193-0.124 will attract price in future. Sooner or later.
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