Cjbeneneet

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$ZEC sitting right at the track line with a new shaded squeeze on the Daily. Stuck in-between the 50D and the 200D MAs. Looking at LTFs, I would lean towards a retest of the 50DMA first -- at minimum. Beyond that, it's just a matter if it continues to bounce between the two MAs again for a bit longer, or decides to finally break free and push above.
ZEC2.20%
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amiboy:
hi
$amp
Getting closer.. Notice the candles still holding within on the Daily. All I'm saying is to watch for a ping-pong inside this tiny structure, at least until there's either a) no more room to contain it, or b) the market makes a move and alts get moved along with it. Outside of that.. nothing new.
AMP-2.67%
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$ETH
Looks like we've got a shaded squeeze on the 4HR for ETH right on top of the track line. Notice that hammer candle sitting on it? More than likely, an uplift is coming unless we get another round of crap news.
Also, some more confluence here: the Daily looks like it may want to breakout soon and capture the momentum of this double bottom. Now, testing the 50DMA with green dots, but we're still not there yet. The Phantom also needs to flip positive. Regardless, LTFs first, then watch HTFs.
ETH-1.97%
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GateUser-93f0f892:
The bull market is at its peak 🐂
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GM ladies n gents 🤙
Happy 4th to one and all! 🎇🎆🎇
🇺🇸 🫡
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$BTC may have a chance to confirm this bottom on the Daily, similar to what ETH did. First candle did not take, but this second one behind it might. If it does, then I'd expect minor relief towards ~$65k. Outside of that, I am still watching HTFs like the Monthly to see how this summer finishes out.
BTC-1.61%
ETH-1.97%
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$ZEC with a confirmed bottom on the Daily, and now playing off of that confirmation by pushing towards the track line with a green dot. Looks like it held the 200DMA (barely). I wouldn't get too excited just yet due to the Weekly and above still in progress with its confirmation or invalidation of the previous bearish signals over the last few months (esp the Monthly).
All in all, the Monthly still has bullish momentum (green dots). We are just waiting for invalidation at this point, which we may not get a whiff of until the end of the month.
ZEC2.20%
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VitBand:
I don't know if this bottom is confirmed or not confirmed yet, but I think we need to wait a little to get a clear picture.
GM fam
Looks like $ETH is trying to hold the line here on HTFs. Just barely holding the previous lows thus far. Interesting enough, there's actually a possible squeeze fakeout on this week's candle. Breakdown arrow and directly into a bullish reversal and hidden bull div. As always, we have to wait and see if this sticks. Any confirmation of this would be a good sign; and on the flipside, any breakdown below these lows would be a sign of continued weakness and opens the door for us to approach the bottom of this larger structure.
ETH-1.97%
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$ANVL appears to be inside this downward channel. Bull div just printed on the Daily, but it doesn't look like the reversal itself stuck the landing yet. Monitoring from here.
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$BTC
All eyes on this Monthly chart imo. Few things:
- need to watch for a possible reversal after the breakdown from last month (red volume arrow/candle that switches to a bullish reversal by the end of July)
- see if the 50M MA holds for support
- watch the Phantom indicator to see if it tries to flip bearish/negative, or on the other side, rebound back to a positive Phantom
BTC-1.61%
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ethereum:0xff20817765cb7f73d4bde2e66e067e58d11095c2
Looks like we'll have a new trend forced into play in the coming weeks ahead. This smaller descending wedge is nearing its end. That does *not* mean that all of a sudden this will catapult to Valhalla; it just means that it'll have to move either above or below this area and will most likely start a new channel/trend. 50DMA is not far above, nor is the track line on the Daily. One thing to note though is this new B/R combo printing. It hasn't stuck quite yet, but something to watch, especially if it's a precursor to the trend shift in the co
ETH-1.97%
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bitcoin:native
Weekly has obviously broken down, beneath the most recent lows at ~$60k. Now, here's what we're left with:
Now that we've lost this support, it opens the door to a possible breakdown toward some of these lower targets within this megaphone structure. ~$54k, ~$49k, and ~$41k -- all of these are on the table for now. I'd expect *somewhere* between the blue rectangle for a bounce/recovery area.
Secondly, I wanted to show you the Monthly too. Why? Because we finally have the breakdown arrow/candle that we've been waiting for inside this huge shaded squeeze for months. In addition,
BTC-1.61%
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GateUser-c87f0419:
no one knows when it will rise and when it will fall.
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GM fam
I see somebody brought down the markets a bit more.
I'm back in action guys, just need some time to catch back up. Chart updates coming back asap, and any requests, please let me know ahead of time. Later 👊
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GM
Someone missed me.. back at it ☕️
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GM from this par 5 ⛳️ 🏌️‍♂️
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GM
Dayum.. the stress is real out there. I'm touching grass this week and I can still feel it from here. 🏌️‍♂️
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Happy Father's Day to all the dads out there. Hope you find peace and happiness today, gentlemen 🤝
Also, quick reminder: I am now on the road for vacation with the fam. Gonna hit the greens as soon as I get the chance ⛳️ will check in later!
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$BTC with a volume arrow breakdown on the 6HR here. Phantom slightly crossed back bearish to no surprise.
However.. now, look at the Weekly. We are gracefully holding the 200WMA thus far. Reversal candle doesn't look like it's gonna stick, but the key will be watching the trend from here. Which way does it go? Does it break this level and head down further past 60k again, or.. does it hold firm and then bounce back towards the track line again?
BTC-1.61%
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GM
Another tornado just rolled through this morning 😅 not quite as bad this time, but man.. someone's aiming for me.
Quick heads up: I'm preparing for a trip for my daughter's sweet 16, which happens to land on father's day also so we ended up combining it with a family vacation at a golf resort (totally for her sweet 16 though, not for me.. 😉). Anyway, I'll be out for almost 2 weeks, but I'll have my 'office' with me so I'll check in periodically and post chart updates when able ✌️
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Volatility time, here we go.
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