Baldy Waldy

gm 🌞☕️

#crypto #cryptocurrency #btc #bitcoin #eth #ethereum #sol #solana #defi #memecoins #meme #pumpfun

UPDATE :

The circle had to hold as well as MAs (200 and 300 SMAs) to confirm the outbreak.

Key level 97.5k-98.2k.

UPDATE :

With good US inflation figures, we are making it out of the second area already.

Would be amazing to close about it, and come retest in a few days.

I am still cautious as we have not visited the levels i mentioned.

Best scenario would be a 100k-110k chop for a couple of weeks.

LFG 🚀🚀

Better suffer a bit now, than much more later.

Pain has opposite logic to money ; its value is greater overtime, and not lower ;)

TLDR;

I still believe it’s healthy we try lower levels *soon* to be UP ONLY later this year rather than get a deeper dump in a few months.

I’d be very confident in the MT/LT price increase if we visit 84-86k within 6 weeks (anywhere between Feb 14-March 7th.

If we chop from here a bit and come into the 83k-85.5k area we would:
Get to the yellow area I mentioned in the update on weekly candles
Retrace to the 0.236 Fib retracement of the move as well as trying the 10EMA.

Upcoming weeks on Monthly

A bit messier but still easy to understand. A similar play that we had on the previous move (with the arrows), with a chop shown with the second arrow.

In this scenario chopping until late Feb is better to avoid liquidation and panic (leading to harder retracement)

These are strong indicators to be retested, the sooner, the better on the MT/LT bullrun rather than chop or big leg up now and then deeper dumb.

Would love to have these level tested either at current level by chopping 2-5 weeks or retest them on the second week post-inauguration and then UP.

Upcoming weeks on Weekly

Weekly 20WMA tried = very positive sign. However other more important levels are slightly below. It would be a better MT/LT overview if we test them sooner rather than later.

21 EMA (Orange)= 84.5k
20SMA (Green) = 81.4k
Not visited for 3 months, just like 100SMA @ 86.5k.

If the bearish scenario isn’t unconfirmed yet, we then may in the upcoming 1-4 weeks come try the yellow rectangle in the lower range which corresponds to 86.7k-87.8k.
We can also chop after inflation data vol. and then try it in the upcoming days around 87-88k.

If the bearish scenario is unconfirmed, we would need to pause for a bit and wait for the 100SMA (currently @ 86.5k) to come closer and retest it. We haven’t tested it for more than 3 months now.
In this case, we go around 100k, chop a few days/couple of weeks, test it and then UP.

Upcoming weeks on Daily

We remain in the upper range of 92.3k and 98k. If we get out of it, target is 100k. Would be confortable to get there and retest it. This would unconfirm the potential bearish scenario and we will probably chop there until MAs get closer to the price.

However we got good news such as :
-Inflation
-Promises to sign executive orders to accommodate crypto
-Paul Atkins nomination. Overall very bullish but he would be under pressure to execute properly which can impact his performance ST

With that said, let’s check the charts more.

The strong stances of Trump could also spook the market as he expects to quickly finish the war in Ukraine and resolve the Middle-East crisis.

Imo there is only downside to that : either he attempts but it takes longer than what he expects, or it just doesn’t happen until right before mid-terms.

We also have the same geopolitical conflicts which has not evolved.

There are many important levels to revisit (hopefully in the upcoming 6 weeks as I expect a choppy situation for the first weeks on President taking office). Stocks tend to underperform for the first trading week post-inauguration.

Current PA and news-based momentum

89.2k wick, very positive at first sight as it was quickly nullified by further PA.

I still believe there is room for more downside on the ST as current news that pushed for a robust rebound may still not emerge as expected (or not in the promised timeframe).

My few cents on $BTC
- Current PA and news-based momentum
- A cautious approach to adopt (ST bearish PA)
- Upcoming weeks on D, W and M for #bitcoin

NFA, these are my honest opinions on what can occur to a coin and what one shall be mindful about before leverage trade.

#cryptocurrency #eth #sol

GM if you GM or if you GN 🌞 🌑 ☕️

I am back, happy new year all

LFG 🚀

#crypto #cryptocurrency #btc #bitcoin #eth #ethereum #sol #solana #defi #memecoins #meme #pumpfun

gm 🌞☕️

We are back. Happy new year, let’s focus and the narratives and make good trades. Don’t trade too
much it’s stressful for no reason.

A few good moves is way better.

#crypto #cryptocurrency #btc #bitcoin #eth #ethereum #sol #solana #defi #memecoins #meme #pumpfun

Yearly closing is in.

According to the past 2 cycles, one more year to go before a deeper correction.

Log off and enjoy a day or two off.

Happy New Year.

#btc #bitcoin #eth #ethereum #sol #solana

gm 🌞☕️ if you gm.

I’d recommend to log off the charts, trading as well as social media to take time off whether it’s with family, loved ones or friends during these few magical days, wherever you are.

May still publish these but will be away as well until next week end.

See you 🤝

#crypto #pumpfun

Lucky you, happened to me a couple of times since 2016…

gm 🌞☕️

Except to scammers.

Have you ever been scammed/rugged in crypto?

#crypto #cryptocurrency #btc #bitcoin #eth #ethereum #sol #solana #defi #memecoins #meme #pumpfun

BREAKING: Biden calls for a ban on congressional stock trading by politicians.

coffee is 👁️🫦👁️
Crypto slightly less today 🥹

gm 🌞☕️

#crypto #cryptocurrency #btc #bitcoin #eth #ethereum #sol #solana #defi #memecoins #meme #pumpfun

but then wen you play league ?

Have you survived so far?

#btc #bitcoin #eth #ethereum #sol #solana #crypto #pumpfun

solid

Hope frens you’re all alive with that drawdown 🤝