$DYDX update

In brief, nothing’s changed, but now we have more information

$DYDX still looks great

Textbook symmetrical Triangle in Wave 4 consolidating above a strong horizontal level (prior resistance)

🎯 Target still the same

#BTC still fails to break the August ’22 high

I'm being cautious here

#BTC 1D update

Now I’m not that confident about #BTC going straight to the CME Gap

This is the alternative scenario that I keep in mind. Rising Wedge and a deeper pullback before sending it 🚀


Straight to the CME Gap - 40% chance
Deeper pullback first - 60% chance

$LTC update

Shallow price pullback so far. Ideally I'd like to see a test of the blue EMA

However, the RSI cooled down just as I expected

$DOT update

Technically, the picture looks good as long as $DOT holds above the blue MA (it’s gonna break down imo 📉)

Why? I see an Ascending Broadening Wedge here

This type of pattern appears on peaks, it’s a bearish reversal pattern

🎯 T1 - $5.6
🎯 T2 - $5.1

#BTC February monthly close indicates uncertainty 🤔

#BTC

Based on history, March doesn't look like a bullish month

$DYDX broke out as expected 📈

+26% profit gained with 2x leverage so far 🤫

$HFT #Hashflow

This is what I expect - a dip into the Support (Horizontal + EMA50), strong Bounce and one more impulsive Wave up

🎯 Target Zone: $1.05-1.25


Available on Bybit Spot ➡️ https://partner.bybit.com/b/cryptobullet

$RSR update

$RSR got rejected by the EMA200, but still holding the support (neckline)

I wouldn’t like to see the price fall back into the upward channel (that would activate the bearish scenario 📉)

Bullish case (T1, T2) is possible ONLY IF we break above the EMA200

$BNB/BTC lost the EMA9 📉🤫

Picture looks very bearish

#BTC 1D update

We didn’t even get a higher high, went straight to the Key Support 📉

❗️Silvergate is in trouble, as they failed to file their annual report citing regulatory investigations. Possibly not solvent.

They already lost majority of their partners.

Timeline of #Crypto Crash Today:

1. Coinbase suspends Silvergate payments

2. SEC says crypto exchanges not "safe"

3. Crypto․com suspends Silvergate payments

4. FTX confirms $8.9 billion in missing funds

5. Crypto loses $200+ million in hours

$MINA update

Lost the Horizontal, failed to regain it

Stopped out ❌

There we go 📉

$DOT broke down as expected 😎

I see people share the same bullish fractal everywhere

#BTC Q2 2019 - upward channel & continuation 📈. It's not invalidated yet and still can work, but…

But if I were the Market Maker I certainly wouldn’t repeat it all over again 🔂

I doubt it will be that easy

Macro chart coming soon

#BTC Macro

In general, I think this Bear Market is more like the one we had in 2014-2015. Structurally

Same relation between the Price & EMA50. Same MACD picture

In 2015 we had an Accumulation Range between $200-300

Now we have the same Accumulation Range between $18-25k


💡In my opinion, we are still consolidating and forming the bottom.

📍Currently we are in July 2015 - being rejected by the EMA50.

Back then #BTC swiftly reached the Support (and even wicked below it). This is what we may see soon IMO

$SOL Mid-term Perspective

Support - $14-15
Key Level to Flip - $27
Major Resistance - $60-78

💡What I’m gonna do: bid at $15, watch closely at $27 and start selling at $60

Update

$HFT reached the Support 👌

S&P500 update

Very nice bounce right off the MA200! 💪

Key Level held (at least for now)

$LTC 1D update

The price finally hit the blue MA ✅ 😎