Crypto Chartist ™️
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High-quality crypto market analysis, swing setups & macro-driven insights

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🕵️ #ETH London-based Abraxas Capital bought another 46,295 ETH ($115.3M), scooping up a total of 350,703 ETH ($837M) since May 7. The firm currently sits on an unrealized profit of $50M.
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#APEUSDT 1D

#APE has broken the descending resistance to the upside and has formed a Rounding Bottom pattern on the daily chart. Consider buying it near the support and the daily EMA50. In case of a breakout above the neckline, the targets are:

🎯 $0.8577
🎯 $0.9779
🎯 $1.1490
🎯 $1.3670

⚠️ Use a tight stop-loss.
#GMXUSDT 1D

#GMX has broken the descending channel to the upside on the daily chart. It is currently trading above the daily MA50. Expect some upward movement from here. Targets are:

🎯 $18.35
🎯 $21.33
🎯 $23.29
🎯 $27.28
🎯 $31.27

⚠️ Use a tight stop-loss.
🇺🇸 Texas House passes second reading to establish a Strategic Bitcoin Reserve.