CryptoBullet
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CryptoBullet
$AVAX Macro update Well well well, we finally reached my 1st Target Zone βœ…πŸ˜Ž We saw two good bounces off the support: - December 2022. $AVAX reached my $9.4 buy level and bounced +110% in a month; - June 2023. $AVAX touched my green target zone and bounced…
$AVAX Macro update

What a bounce off my Buy Zone 1!
+438% at peak πŸ”₯

Congrats to those who bought $AVAX below $10 πŸ‘
(I bought a very small bag at $9.2 and expected lower prices so I wouldn’t count it as a win)

Now what? I think my ultimate Buy Zone of $3.25-4.65 is irrelevant now. I’m no longer expecting $AVAX to go there.

I'm expecting several weeks of correction before continuation to the upside πŸ“ˆ

My Bull Market Top Target is $230-285
$AVAX Macro chart. Bull Market Target

It was a very intense run up from $9 to $49. (1)
I do think we need to correct that growth (2) before we head towards a new ATH πŸ“ˆ

🏁 Bull Market Top Target: $230-285
CryptoBullet
There we go! Very nice bounce on $SUI πŸ“ˆπŸ’ͺ +33% profit gained so far
$SUI ain’t gonna stop! πŸš€πŸš€

+54% profit so far 😎
CryptoBullet
$SUI TVL has been steadily rising since August πŸ‘€
πŸ’₯ $SUI entered the Top 10 by TVL!

I think my $2 target is actually bearish πŸ˜‚
CryptoBullet
πŸ’₯ $SUI entered the Top 10 by TVL! I think my $2 target is actually bearish πŸ˜‚
$SUI is the largest non-EVM blockchain right now (besides #Solana)

Let that sink in
CryptoBullet
#BTC update (zoomed in) I doubt that we’ll break this 41k Support here. Imo we should get at least one more bounce πŸ“ˆ There’s a decent Bull Div on the 4h RSI 🎯 Conservative bounce target - $44k 🎯 Aggressive - $45.8k
#BTC update

Bounce Target hit βœ…

Yes, the price went lower than I expected (thanks Barry) and even broke 41k support on the 4h and daily, but on the weekly timeframe the $41k level held πŸ’ͺ

πŸ’‘During that correction my message was clear: buy #alts! I hope you guys listened
CryptoBullet
#C98 update First target reached! βœ… +85% profit gained so far 😎
#C98 update

My T1 (Resistance) rejected the price and we got a nice pullback

IMO it’s a good opportunity to buy back #C98 or start building a new position (spot)

🎯 Next targets: $0.54 & $0.87


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#BTC 1M chart

So we got a Long Legged Doji candle at the top.
Stoch RSI crossing bearish.

This looks toppy to me 🚩

I think in the next couple of months #Bitcoin should test the EMA21 or MA50

πŸ’‘I’m not interested in #BTC here, I'm focusing on #Alts
$CHZ Macro chart

πŸ”¨ Key resistance: $0.25-0.31

🎯 Target 1 - $0.55
🏁 Bull Market Target - $1.50
CryptoBullet
There we go! $FXS πŸš€ First target reached βœ… +27% profit gained so far
$FXS update

Second target reached βœ…

+56% profit gained πŸ˜‰
CryptoBullet
#BTC 1M chart So we got a Long Legged Doji candle at the top. Stoch RSI crossing bearish. This looks toppy to me 🚩 I think in the next couple of months #Bitcoin should test the EMA21 or MA50 πŸ’‘I’m not interested in #BTC here, I'm focusing on #Alts
Another reason why I think #Bitcoin is not going higher anytime soon.

πŸ‘‰ In Dec-Jan NUPL went green for the first time since the bear market bottom. Historically, this marks the temporary top followed by a medium-term correction πŸ“‰

#BTC should cool down (time/pricewise or both)

πŸ“Œ Best case scenario: we get a flat correction and stay above $39k for 1-2 months;

πŸ“Œ Realistic scenario: #BTC goes below the January low (38.5k) and creates a classic ABC correction.
CryptoBullet
Another reason why I think #Bitcoin is not going higher anytime soon. πŸ‘‰ In Dec-Jan NUPL went green for the first time since the bear market bottom. Historically, this marks the temporary top followed by a medium-term correction πŸ“‰ #BTC should cool down (time/pricewise…
Second time in the cycle when #BTC NUPL goes green (blue arrow) it indicates the start of the Bull Run (Parabolic Phase) πŸ‚ πŸš€

Patiently waiting for the second green NUPL later this year 😌
CryptoBullet
Second time in the cycle when #BTC NUPL goes green (blue arrow) it indicates the start of the Bull Run (Parabolic Phase) πŸ‚ πŸš€ Patiently waiting for the second green NUPL later this year 😌
Historically, it takes several months for #BTC to pull back/consolidate before going higher (Second Green NUPL/Parabolic Phase)

πŸ“
2012/13 cycle - 160 days
2016/17 cycle - 190 days
2020/21 cycle - 480 days
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CryptoBullet
$SUI 1D update 0.618 βœ… Nice dip. $2 target remains
Just look at the $SUI Monthly chart πŸ‘€

Impressive candle, innit?

My $2 target remains and I add my next one - $3


Meanwhile $SUI TVL surpassed $500M 😎
$MATIC (#Polygon) Macro chart

As we can see, $MATIC loves to form huge Symmetrical Triangles. Deja vu
As long as the Support line holds we can expect a breakout πŸ“ˆ

πŸ”¨ Key Resistance: $1.25-1.85

🎯 Target 1 - $3 (ATH)
🏁 Bull Market Top Target - $12
CryptoBullet
$CAKE 1W chart Thsi is basically what I'm expecting
$CAKE update

So good so far πŸ‘Œ

Resistance hit βœ…
Now pulling back as expected
$MBOX Macro chart

Current price and anything lower should be a good long term buy imo

πŸ”¨ Major Resistance: $3.60-4.25

🎯 Target 1 - $1.8
🎯 Target 2 - $4.0 (Main Target)
🎯 Target 3 - $9.6
#TOTAL3 is trying to break out πŸ“ˆ

IMO we’re missing the final 5th wave ($550-580B)