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Yes, this really feels like 2017, but in a bigger timeframe.
It's coming.👀🔥
#AltcoinBreakout
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🚀 $FUN Token Burn Alert: 12 Million Tokens Incinerated – Here’s Why This Matters for Long-Term Valu
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🚨 XTZUSDT.P SHORT OPPORTUNITY 🚨 Tezos (XTZ) is showing bearish signals! Here’s why this trade setup is compelling: 📊 Trade Setup - Entry Zone: 1.14–1.15(Key resistance area) - Targets: 0.98–0.94(Next strong support levels) - Stop Loss: 1.18 (Above recent swing high) 🔍 Key Rationale* 1. Resistance Rejection: - XTZ has repeatedly struggled at the 1.14–1.15 zone, a historical supply area where sellers dominate . - A descending broadening wedge suggests potential downside continuation . 2. Technical Weakness: - Oscillators show neutral-to-sell signals, with RSI and MACD lacking bullish momentum . - Moving averages (EMA/SMA) indicate bearish pressure if price fails to hold above 1.15 . 3. Support Breakdown Risk: - A drop below 1.00 could accelerate toward 0.94, aligning with Fibonacci retracement levels . ⚡ Risk Management - Stop Loss: Tight at 1.18 to limit downside if the breakout reverses. - Position Size: Risk ≤2% of capital. - Confirmation: Wait for lower timeframe breakdown below 1.12 for added conviction . 🎯 Why This Trade? - High-probability rejection at resistance. - Clean risk/reward (~3:1 ratio). - Tezos’ weak momentum supports bearish bias . 📌 Pro Tip: Monitor order flow—large sell orders (~80K XTZ) have recently appeared near 1.15 . 📉 Bearish Scenario Playbook - IF price holds below 1.12, add shorts with partial TP at 1.00. - IF stop loss hits, reassess for a potential long if 1.18 breaks with volume . 🔥 Boost if you agree! Comment your take below. #CryptoMarket4T $XTZ
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Lyn Alden recently dropped a brilliant deep‑dive: “The Rise of Bitcoin Stocks and Bonds.”
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#Altcoins No one is talking about the fact that $BTC dominance has been in an ascending channel for over 2 years. Altcoins are already doing well even though it hasn't even broken down yet. It's getting legendary folks. Enjoy the show. #AltcoinBreakout $XRP
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