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$PEPE finally broke above March close at 8802 and now heading towards ATH 👀

$PEPE finally broke above March close at 8802 and now heading towards ATH 👀

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#Bitcoin returned back to Friday close which means that week timeframe is forming a bearish shooting star candle. Obviously week is not closed yet, so that is just a potential. Within nearest days expect $BTC to bounce back to 68200-68800. After that, if overall atmosphere remains bearish (and by that I mean stock indices), it can drop under 64k and maybe return back to range low under 60500. Nearest liquidity pools: above - 68730 / 70800 / 72023 / 72730 below - 65650 / 64262 / 63090 / 60500 SR levels to watch #BTC PA: 🔸73881 - ATH 🔸71363 - March close 🔸69199 - 2021 ATH 🔸67750 - week high 🔸66239 - week close Trend: D 🔼 W 🔼 M 🔼 🤑 F&G: 74 < 76 < 76 < 76 < 70
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#Ethereum ETF approved, but it may take weeks or even months before trading begins. That means that ETF money are not yet actively here, while news event already played out. So what do we have from TA point of view? Yesterday's volatility formed potential range for bullish consolidation scenario. Top at 3950 and Bottom at 3525 (although I have a feeling bottom should be moved higher to ~3630). All that within higher timeframe consolidation range I wrote described before. Last dip touched the top of that week range middle zone. All that folds up in something very easy to interpret. Ranges have very few very understandable rules: 1) Range remain range until broken. 2) Trade only range bottom and top. Do not enter trades in the middle as you'll be chopped away. 3) The more times range border is tested the weaker it becomes. That is a general rule for all SR levels. Summary. $ETH is within Week bull flag and now forming a bull flag at lower timeframe. Might look like shit here, but main bias remains bullish. At least while it stays above ~3400. Will #ETH break out 4100? Yes. When will it happen? I have no idea and recommend you to avoid giving such forecasts as well. #ETHETFsApproved
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$FLOKI from the last review posted here on May 18th - dipped as expected. Very precise forecast actually. Now testing month close from below. Looks bullish.
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Had a question about $MANTA in my TG chat. Buy zone I've marked was filled. Don't think it will pump right away. But this can be a start for reversal from downtrend. Month close at 1.7 will be revisited multiple times in this case and can be taken for new entries.
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#Bitcoin is getting ready for another bullish impulse. Obviously now Ethereum is in the center of attention, so BTC/USDT price will be influenced by ETF approval (or denial) and follow ETH. Not that often that happens in crypto, but now is that rare time, when BTC is not the main asset. Main question is if ETH ETF will be approved or not. Odds are 90% for approval. For me as a trader 90% is too much and too dangerous. When absolutely everyone is bullish, it makes me feel like something is wrong and someone is preparing a huge trap. But that is just past experience, that has nothing to do with ETF and already proved to be wrong with $BTC ETF. So lets just wait for announcement. Should be somewhere in between 16-18 UTC time. So far holding both #BTC and ETH longs in good profit. Nearest liquidity pools: above - 70760 / 71513 / 72046 / 72731 below - 69174 / 68490 / 65650 SR levels to watch PA: 🔸73881 - ATH 🔸71363 - March close 🔸69199 - 2021 ATH 🔸67750 - week high 🔸66239 - week close Trend: D 🔼 W 🔼 M 🔼 🤑 F&G: 76 < 76 < 76 < 70 < 72
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