From now on, $94k - $96k is the strongest support level! SR flip happened and we should accept it and search for longs.
Obvious long setup is the retest of blue support, but I'm not sure we'll get it! Best thing is to slowly scale in from current prices down to support and double down in case we get there!
Sui, Sol and all other Altcoins shorts season is over for me! Time to look for longs 😉
#BTC had a very weak weekly closing and slipped below the $95,000 again. Price now retesting the zone as resistance and can drop lower again. Its again back in range and price can drop after a retest.
Lately, I’ve been closely watching $BTC , and its price action has been impressive. From a low of $1.7290 on April 7, it has climbed up to around $3.4 today. On the daily chart, it's slowly forming a bullish flag pattern, which usually signals a potential continuation of the current trend.
What’s even more interesting is that $ETH seems to be approaching a golden cross – where the 50-day moving average is about to cross above the 200-day moving average. This is often seen as a strong bullish indicator.
If this momentum continues and a breakout happens, my next target is $5.395, which is $SOL ’s all-time high. That’s roughly 60% above the current price.
This is just my personal analysis based on technical patterns. Always do your own research before making any decisions.