Fractal
$USDT Dominance USDT Dominance is grinding up slowly with significant volume and is currently trading above the daily ema200
If it can stay above 5.20% level, we may see further upward movement toward 6.20% as the first level of resistance
If the momentum sustained, I won't be surprised if will going to hit 7.50% to 8%
We know that USDT.D is inversely correlated with Bitcoin. If this would be the case, we can expect BTC trading 40k region.
Shiba Inu SHIBA lot of folks asking about Shiba Inu at the moment. At this time on the above 2-day chart price action has broken from resistance that began in October 2021.
The question most want answered: Will Shiba (Bro..) pump 1000% like in 2021 from late September until late October? No idea. Anything is possible.
Is it probable? No. Why do I say that?
Let’s look left. Back 2021 there were certain conditions that printed specially on the 2-day chart. Those conditions were:
1) The BTC pair of the token
2) A strong buy signal
3) Strong bullish divergence. Huge.
4) Stochastic RSI was 50+ at the time of the above conditions.
Do all those conditions exist today? No.
Do those conditions exist on other tokens today? Yes.
Yes indeed. As a matter of fact there are 16 tokens currently listed on Binance printing those exact conditions. Two of them have already ‘popped’, GALA and SOL.
What are the other 14? Get this post to 500 likes and I’ll share them below!
Ww
Remember:
Type: trade
Risk: <=6% of portfolio per position.
Timeframe: don’t know
Return: don't know
Bullish on BTC? Here's The Level To Buy!If you're seeking a level to buy BTC, we're pretty much at the level to enter long.
After the recent flush-down in BTC, whales grabbed liquidity and are now adding to positions to reducing supply.
Just waiting for a Return to Origin per the Wyckoff Schematic.
Happy Trading!
SUI - SEI out of phase but same pumpinomicsSUI - SEI out of phase but same pumpinomics
UPDATE
I got the timing wrong last time but the idea is still valid imo. looks even clearer actually. that unlock was nicely timed huh..
Get your money VCs. The crowd will fund your new yacht in 3,2,1
Coinbase ventures laughing all the way to the bank. What is SUI? just another blockchain from the crypto whales that brought you 300 other 'transformational' blockchains in the last few cycles. VCs will extract their 50-100x and leave you with the bag.
If you haven't seen this industry for what it really is yet,, get your head right and start making money.
x
Bitcoin Will Range ~$57k til SeptemberBitcoin trying to hang onto the Weekly .236 Fib for dear life.
Closing below the Bull Market Support Band just throws fuel on the fire.
RSI showing major weakness to the downside.
Expect a range ~$57k til September.
Good news CRYPTOCAP:BTC is nowhere close to the 200MA, which will signal this cycle is donezo.
USDCAD Forecast for potential short positionsDXY and USDCAD Macro structure taking the bearish structure (not confirmed because of lack of a LH)
In 15 mins you can find this beautiful pattern of liquidity taken + BOS with some imbalances and OBs left behind
Since we are looking this zone in a low price on macro timeframes please take cautions and wait for solid confirmations on the two potential zones
USDCAD Forecast for long positions with high RRMacro timeframes took liquidity of the lows creating HHs afterwards
Now we are looking for the little retracement for USDCAD longs on 15M - 5M timeframes to take an entry. Please look at your micro TF confirmations
Since there is a bunch of liquidity towards the upside, you can hold for a swing near 12RR or day trade it as far as you want