Mike-BTD

Mike-BTD

RENDER is still in a downtrend, with lower highs and lower lows. More importantly, the current misunderstanding of Coinbase delisting is causing the price to fall more than expected. Is the oversold state an opportunity? Full TA: Link in the BIO

Mike-BTD

LINK is showing signs of follow-through as the momentum potentially gets overbought. After achieving a CHOCH the only thing left is to break above the tops and follow through the volume gap. Full TA: Link in the BIO

Mike-BTD

ETH is forming a nice structure that looks like a nice flag on higher timeframes. Structures allow you to create setups that include valid risk management. There is a clear volume gap below that can present some weakness. Full TA: Link in the BIO

Mike-BTD

BTC has taken a pullback after the orange swan event. Now that volatility has pushed down, I want to see the bullish response. If the bulls can't maintain the uptrend, the market structure defines a lower high. A CHOCH usually begins with a lower high followed by a lower low. Full analysis: Link in the BIO

Mike-BTD

SOL will either break out or consolidate into a tradable structure. The orange swan event sell-off leading into the weekend is not a good time to enter fresh trades. However, preparing appropriately for what is coming next is a valid strategy. Full TA: Link in the BIO

Mike-BTD

SUI is going sideways while CETUS FUD spreads through the markets. Sui market structure is still making higher highs and higher lows. The oscillators show bearish divergence, but price action has not followed through yet. Keep track of the developments and make non-emotional decisions. Full TA and analysis: Lin in the BIO

Mike-BTD

BTC is showing signs of bearish divergence on many of the timeframes, but the bulls don't care. However, traders need to. Signs of divergence can eventually get follow-through, but not without a proper market structure. At the PA, divergences can be invalidated and disregarded. This would result in the trend being our friend. Full TA: Link in the BIO

Mike-BTD

PYTH is desperately looking for support after a massive unlock selloff. These are moments when convictions are tested. In addition, this is where RR is best. Full TA: Link in the BIO

Mike-BTD

ETH is showing some weakness after a strong rally. This is normal. Expect profit taking and re-accumulation at lower levels. Picking up bullish bits on dips is how ETH makes a higher high. Full TA: Link in the BIO

Mike-BTD

GRASS broke an important trendline but did not confirm a proper high high. Momentum is entering overbought conditions, and the trend oscillator is still showing strength to the upside. Lower timeframe dips should be avoided. Until the Daily timeframe is not overbought, more upside is still possible. Full TA: Link in the BIO

Mike-BTD

BTC is ranging with a volume gap below. The volume gap below suggests that there is no liquidity until 98k. If the market wants to hunt for liquidity before going to the moon, that is where it will go. Full TA: Link in the BIO

Mike-BTD

PYTH dipping down to support is a great time to DCA. The volume below is an opportunity to find liquidity to be taken or to find buyers to defend their positions. Full TA: Link in the BIO

Mike-BTD

ALGO has begun an uptrend; a sustainable uptrend needs volume. Can the bulls bring it? The momentum is not overbought, which means the majority of the move up is not in; however, we could see a pullback or a consolidation before that happens. Full TA: Link in the BIO

Mike-BTD

HNT is taking its time to find a bottom. The tech checks out, and the narrative is hot. Price action will kick in when you least expect it. If the price falls into the discount zone, it will be a good time to BTD. In the meantime, entertain the possibility that it may not dip. DCA is the best strategy. Full TA: Link in the BIO

Mike-BTD

SONIC is still within range and has not broken out. Price action is at the top of the range and is technically at resistance. Longing into resistance is not the best strategy; however, a breakout could happen anytime. Consider laddering in within the range, preparing for any possible BTD opportunities. Full TA: Link in the BIO

Mike-BTD

AIXBT has done super well with the move up. An exchange of hands should be expected, and perhaps a test of lower levels to pick up bullish bits. The divergence in the momentum suggests fresh longs could be risky without a proper structure. Full TA: Links in the BIO

Mike-BTD

RIO looks like it's forming a bottom at bear market bottoms. Momentum and trend oscillators are suggesting divergence is in play. Market structure may give us signs of a pivot, but we must show patience. The volume gap above is promising for a low resistance move up. Full TA: Link in the BIO

Mike-BTD

LUMIA is looking to build a bottom structure. A proper CHOCH at this level would be a good indication that LUMIA is looking for a bullish response. In the meantime, we need to keep in mind that it is a small cap and the volatility is strong. Momentum and trend oscillators are fighting to provide bullish confluence with some signs of bullish divergence. Full TA: ...