Keep it simple. Same story same setup, think big. NFTs rallies after ETHBTC cool off.
please check the attached old post for TVK and Tell me the difference. Profit from TVK to TLM & SUPER 1500 SAT
I think time is to rotate money back to BTC to play king role. ALTS/BTC could have some correction.
I thing BTC bottomed here after nice fat 4H bullish engulfing candle and 6H bullish divergence and touching fib 0.618 of last run as support.
Expect huge selling pressure from 0.0673 - 0.07. London fork will be on 5th August and everyone want to sell the news before 1-2 days I guess. be careful here.
TVK never broke its bullish PA. Expect Wave 3 to be higher than rest waves. Even in weekly new HH was set before BTC insane run. R:R is great here.
3D chart showed a shooting star candle which means a downtrend is more likely to happen. now the question is where is best level to buy? now as daily and 3D showed weakness I think the correction should be on them as well. I think the bottom could be daily 50MA or fib 0.5 or maybe a HL on 3D. BUT DCA again.
I am not touching alts here, could be wrong but better to wait for today daily candle close. If closed below expect some nice highs on BTC pairs in this week.
the correction was inevitable. We already have seen 8 green candles, BTC should cool off now and put HL on daily. expect it will be 35K-34.7K but as mentioned on last post: DCA again. if you want to short wait for retest of 39.3-39.4K
As some DEFI are starting to catch up with BTC recent move, $Ramp is developing a bullish PA, breakout from tradeline with bullish engulfing on 4H, could do 32% from low again. SL: below 0.1917
Possible bearish 4H divergence to be formed. Something to be noted: in last run back in 2020 BTC used to bounce from 4H 50MA and it is currently at 34.7K. If bearish div confirm the best thing to do is dollar cost again on your interesting levels. remember none is buying the exact bottom and selling the exact top. still thinking a HL on daily should be printed...
I guess new alt season is due after touching 50%. Don't forget to pick up your horses.
I think BTC still has to touch monthly open before breaking the range high. otherwise I would like to take an entry above 40.5K after a breakout on daily basis. I am not shorting while funding still prefer bulls.
Despite ETHBTC formed a nice HL on daily which gave alts some air, if the daily closed at these level a reversal could be on the table. If it does, next level to be tested is last daily Low, closing below will send it back to test the below trendline. Still early to confirm.
ETHBTC break the TL, if it reclaim 0.0618 the next target will be monthly open.
You look so good I forgot how bad your personality is. Break 33.3K and we can talk.
R:R is good here. Profit from Super to bake. Please bake good stuff.