#city/usdt is on the verge of breaking out of the descending channel pattern on the 3D timeframeπ
Time to push higherβοΈ
Time to push higherβοΈ
β€3π―2
#icp/usdt has found support at the lower border of the descending channel formation on the weekly timeframeπββοΈ
Bullishπ
Bullishπ
β€3π―1
#BTC
Bullish weekly MACD cross is a very misleading signal, especially in a Bear Market
In the 2022 Bear Market we had 2 bullish MACD crosses:
1. March 2022 (led to a -62% meltdown)
2. August 2022 (led to a -35% final capitulation)
In other words, a bullish weekly MACD cross is a classic Bull Trap in a Bear Market π
Bullish weekly MACD cross is a very misleading signal, especially in a Bear Market
In the 2022 Bear Market we had 2 bullish MACD crosses:
1. March 2022 (led to a -62% meltdown)
2. August 2022 (led to a -35% final capitulation)
In other words, a bullish weekly MACD cross is a classic Bull Trap in a Bear Market π
π8π―1
#shib/usdt is attempting to bounce from the support zone inside the falling wedge formation on the 3D timeframeπ§
Looking for a riseπ
Looking for a riseπ
π―3β€1
#render/usdt is crossing the upper border of the falling wedge on the weekly chartπ§
Bullish mode is onπ
Bullish mode is onπ
π―3π³2
Hunter Wolves | Crypto πΊ
π‘ Another on-chain indicator I'm keeping an eye on is the NUPL Clearly $60k is not the Bear Market bottom. $BTC is going much lower this year π This short-term rally (barely noticeable on this chart lol) changes absolutely nothing. Mid term looks reallyβ¦
β 'NUPL didn't hit the red topping zone and the top was in, so why should it reach the bottoming zone now?'
Well, the NUPL wasn't supposed to hit the red Euphoria/Greed Zone this cycle. See that red Resistance line?
Each cycle the indicator prints a LOWER HIGH for the Cycle Top and a Higher Low for the Bottom
Well, the NUPL wasn't supposed to hit the red Euphoria/Greed Zone this cycle. See that red Resistance line?
Each cycle the indicator prints a LOWER HIGH for the Cycle Top and a Higher Low for the Bottom
β€6π4
#xrp/usdt is trading near the lower boundary of the falling wedge formation on the 3D timeframeπ§
Bounce is comingπ
Bounce is comingπ
β€2π₯2
#ltc/usdt is attempting to rebound from the lower border of the descending triangle pattern on the weekly timeframeπββοΈ
Bullish if we bounce off the oneπ
Bullish if we bounce off the oneπ
β€2π2
Hunter Wolves | Crypto πΊ
Another one I think more and more alts will casually pump like that
$ENJ just casually printing a 5x pump π₯΄
This is the biggest $ENJ pump since the 2021 Altseason π
No bullish news, nothing π€·ββοΈ
This is the biggest $ENJ pump since the 2021 Altseason π
No bullish news, nothing π€·ββοΈ
β€5
Key takeaway of the day:
If they control the supply, they can pump any shitcoin to any price whenever they want.
If they control the supply, they can pump any shitcoin to any price whenever they want.
β€8
#imx/usdt has crossed the descending channel on the daily timeframeπ₯
More upside after the retestπ
More upside after the retestπ
π₯4
Hunter Wolves | Crypto πΊ
$SOL looks bearish against $BTC & $ETH Which is very bad for $SOLUSD π
$SOL/BTC $SOL/ETH Update
Broke down as expected π
Broke down as expected π
β‘5