#tsla 1w While your altcoin is catching a -70% correction, #TSLA made +94% in 3 months💰 Is this an argument for the growth of #DOGE ?🤔 Sooner or later yes. But it's probably too late. And until the fall I think he will still be tinkering with the sidewalls. All the fun after $0.30, as long as it hits and flies away, it will go on easily. Otherwise, 0.30$ will remain the ceiling. Charts: #TSLA 1w, #DOGE 1w
It will be interesting to see how the elections in the US will play out. I was almost sure that Kamala Harris would win (when #biden was removed for health reasons, by the way, he has covid again). Second attempt on #trump without a miss?🤔 just thinking out loud. Let's return to this post after the elections.
#bonk 3d Of all the memecoins except doge pepe, bonk looks the most cheerful. I don’t trade, I conservatively chose #doge from the memes. But I observe that it will be easy to fly above the red zone.
#doge 12h update Not a bad reaction to the border of the gray zone. But that’s not the point, if the impulse correction continues, the price of 0.113 should act as support.
#BTC 1d Formation of bullish divergence (convergence) on the daily TF. Even if #BTC falls back to the red line (~54k) - this will be the third convergence bottom on the RSI. Plus, all the sales of bitcoins by the German government (10k BTC sold) were easily swallowed up by the market. So far so good.
Plus, all applicants for #ETH ETF have completed the S-1 (as far as I understand, the final form), and the launch of the ETH ETF may well take place before the end of the summer.
Plus, VanEck and 21Shares have filed for #SOL ETFs.
None of this looks like the end of the bull market. Looking forward to a good second half of 2024.
The world lives in round values, so #BTC ~ 50-60k #ETH ~3k #SOL below 150 #DOGE ~0.1
Good shopping zones with goals BTC 100k Eth 8-10k Sol 500 DOGE 0.7 and higher (But you need to sell a little earlier). Not financial advice, just thoughts out loud.
Any asset goes through 4 market phases (and sub-phases): - accumulation - height - distribution - a fall Even within the same market cycle, individual assets may go through these phases earlier or later than others.
Looks like #PENDLE ends the distribution. All that remains is to fall below 3.8$ and create a lower low (LL - lower low). What if this is a trap and the asset continues to grow? Only if it returns and consolidates above $5. How can you find out in advance? No way. Therefore, coins that have already given large Xs (x5-x10) are not interesting for purchase. The fun can end at any moment. All coins always go through the same phases without exception. And not only crypto. Market phases are the most natural process, which is why I trade market phases and cycles, and not local volatility.
2 bullish options for altcoins that I am waiting for: 1. #BTC lies further, the alts begin to grow (“why is this? It’s a trap!” - an unexpected reversal). 2. #BTC falls, but there are no alts (the big player buys back all the sales). As soon as the cue ball stops falling, the violas rocket into the sky. When will this happen? Don't know. I don’t buy more when it’s falling, I just look and wait for 1 or 2 options.
#btc 1w • The week closes with a red candle in the support zone. • But I wonder what candlestick pattern the closing will be - while the hammer (bullish reversal pattern) is forming. Let's wait until Sunday 00:00utc. It's a pity it's not a green candle. Although the hammer can be of any color, the current price behavior is clearly not aggression on the part of buyers. The key question is - is 60k support or not? Will the level be protected? Obviously we can easily fail - I wrote about this here. We have to wait. Another slow week is coming to an end. Maybe #SOL ETF will revive the market.
#btc 1d Every weekend in June (orange zones) - a stop before the decline the following week. Let's see what happens this time. There are a couple more conclusions regarding the weekly timeframe:
#aave 1w #aave begins to form the first green candle in the last month. It’s too early to say, it’s only Monday, but a bottom is potentially forming. We are watching.
The only chart worth keeping an eye on right now. If a large green candle does not appear in the purple zone on the weekly timeframe, then BTC can slowly break through 60-62k to support 57500, then 52k. Let's see where the reaction will be. Until the trend reverses (either at 60, or 57, or 52), alts seem to continue to decline along with the cue ball.
A trend never occurs for just one coin in a segment. #sol 1w Beyond #avax , #sol can go down. Usually Solana starts the trend, but here Avax went earlier. Let's see.
"Another obvious trade" We need to stop saying this out loud😃🔫 #avax 1w Last week news came out that Konami, the legendary Japanese video game publisher, was launching its NFTs on the Avalanche network. After the news, Avax went lower than the market (there were sales from large wallets for $50 million). It's unpleasant, but I've sold it for now. Another shield left the briefcase. Soon there will be only DOGE left there. But there is another conclusion from this:
The mood of traders about “dead altcoins” in December 2020, when the cue ball was around 20k (last high), and altcoins were still at the bottom. “ALTS ARE DEAD in this new institutional paradigm!!!” And then the alts, whatever you like, made from 5 to 50 x in January-April 2021.
Also, the alts were “dead” in 2016-17 (until the summer), and then they made hundreds of x’s.
Every time it's the same. Let's return to this thought after the first quarter of 2025😏 #doge #eth #avax
Guys, don't miss the summer while you're staring at the charts. A few points:
• the market is boring, liquidity is falling • minimum movements in the market, but maximum emotions. One of the psychological traps is when, instead of calmly leaving the market and waiting for volatility, a trader squeezes the last drops out of his deposit and a shattered nervous system. Don't do this! Nobody forces you to trade all the time. Summer, relax, do other things. • and when the trend market comes, you are already empty and disappointed, and the deposit has become 2 times smaller - because you traded when you shouldn’t trade. Leave this thing stupid, and save your energy and focus for the market, which deserves it.
• the trader always comes first. On the second is a deposit, and only on the third is a specific transaction. Don't look for hidden meaning - the market is just resting, which is what I advise you to do.
So what should I do? Differently.
- You can leave your long-term deals.
- You can sit in the stables and wait for a good market.
The market is definitely not for active trading. Save your strength and deposit for autumn. I left #doge and #avax from the long term.
In 2017, I came to full-time trading, when the market had already grown very much, so I don’t remember the moment when no one believed - there was already a moment of mass euphoria and wild FOMO.
In 2020, I remember the time of summer and autumn very well. When not everyone had faith in growth, it seemed that there would never be wild growth. Some unique individuals have already begun to open swing short positions.
I know it will be the same this time. How to reduce people's belief in growth? How to make people doubt? Just take your time. Lower the market by 50%, and then give it a boring flat market for a few months. People have the memory of sparrows; in a couple of weeks they will already forget their plan.
I wonder how many people will be able to sustain obvious trades like DOGE, SOL, ETH until they grow exponentially? Although I already know how many - just a few.