CryptoBullet
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@likeniss

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@likeniss

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The odds of going into a global recession this year are 60% 🫠

Everyone is scared and I still think we can get a decent relief rally in Q2 πŸ“ˆ
I haven't seen such a big red daily candle on the S&P500 since March 2020

Surprisingly, $BTC is just standing still πŸ€”

Be cautious this weekend
Pay attention to $XMR #Monero here πŸ‘€

Printed the same Double Bottom pattern, broke out of the multi-year Accumulation range in December and still holding above it!! πŸ’ͺ

This market structure looks absolutely gorgeous. I wish every altcoin looked like this right now
S&P500 3D chart

I don't think this is the bottom. IMO the S&P500 should at least reach the MA365 ($4605)

If we're going to repeat the 2020 covid crash, S&P500 will have to fall to $3950

⚠️ #Bitcoin's strength is deceptive, it will likely follow the stocks on the next leg down πŸ“‰
CryptoBullet
#Bitcoin liquidity levels 🌚
#BTC is hanging by a thread here πŸ˜₯

Downside Targets:
🎯 T1 - $76k
🎯 T2 - $69.5k
🎯 T3 - $64.5k
$SUI 2025 vs $NEAR 2021 🧐

This long & aggressive correction with 3 consecutive lower lows reminded me of May-July 2021. And the $NEAR pattern just fits $SUI perfectly here!

$NEAR had an aggressive multi-month rally with distribution at the top followed by a -80% correction with 3 consecutive lower lows. $SUI is printing the same picture right now!

No way I'm selling my $SUI here. I still believe we can see a double digit $SUI this year πŸ“ˆπŸ™Œ
CryptoBullet
#Solana Bull Market is likely over. $SOL had a clear 5-wave Impulse to the upside that ended in January with $TRUMP coin blow off top In the medium term I would look for a (B) bounce up to 0.618 Fib and then the most painful wave down (C) πŸ“‰ 🎯 Downside…
$SOL 1D chart

Well, $SOL broke the August 5 low πŸ“‰

Now #Solana is officially cooked. Even solana moonboys can’t deny that.

What’s next? I’m still expecting a good mid-term bounce to ~$200 (Lower High) and then wave C ($30-40)
CryptoBullet
#BTC 1W update Bulls keep defending the Support line! This support is critical.
#BTC 1W update

So, we broke the Support line. Now all eyes on the 50-Week EMA

If we lose this MA, things will get really bad 😬
$ETH 1W

Nice bounce! Obviously markets react to the 90-day pause on tariffs.

πŸ‘‰ So basically we have 3 months for markets to rally (remember my mid-term rally scenario, right?)

I really want to see the weekly candle close above $1550 and print a green hammer candle 🀞
Yesterday's pump is fading away πŸ˜΅β€πŸ’«
#TOTAL2 1D chart

I will be surprised if this Falling Wedge resolves to the downside πŸ“‰

Hopefully #BTC holds the 50-Week EMA 🀞
This is why I place so much emphasis on the 50-week MA (350-day MA on this chart)

This is a very important support and when we hit it we always bounce (even when we’re in a bear market)

#BTC
CryptoBullet
#BTC 1W update So, we broke the Support line. Now all eyes on the 50-Week EMA If we lose this MA, things will get really bad 😬
#BTC 1W update

The 50-Week EMA held and we got a decent bounce! πŸ’ͺ

And looks like we regained the Support line 🧐

High probability that was the bottom for this mid-term correction
#BTC 1D chart

So we're facing a strong resistance on the daily β€” EMA200 + EMA50 πŸ‘€

Without this bounce we would've already had a Death Cross, but the bulls want to prevent it.

πŸ‘‰ This looks like the September 2024 bounce into a potential Death Cross but after a Small Correction the price broke through it and the MAs didn't cross
$SD 1W update

Bouncing off the channel's support once again (imo it's the last test)

Targets remain.

Cabbage is live (you can sign for waitlist) and discover the latest meta before anyone
πŸ‘‰ Stader buybacks 127k+ $SD off market and now have bought around 500k SD. New usecases and buyback plans to be soon released