DylanWETH

Trading & NFT. DM for cooperation.

[DylanWETH @DylanxWETH]

The increase in this metric indicates a growing interest among investors in long-term cryptocurrency investments. It also suggests that the phase of redistribution after the bearish trend is nearing its end.

Another metric signals an impending price increase ✔️

[DylanWETH @DylanxWETH]

⚡️ Growing Interest in #BTC

The chart depicts the number of Bitcoin coins that haven't been moved in over a year 📆. Currently, this indicator is approaching the 70% mark of the total supply.

[DylanWETH @DylanxWETH]

Additionally, the upper boundary of the descending channel (trendline resistance) is in close proximity.

Meanwhile, BTC dominance has reached a new high of 49.9%, which is why altcoins are not experiencing such strong growth at the moment. 😴

[DylanWETH @DylanxWETH]

Good morning, friends! 👋

The local bullish divergence on the 4-hour timeframe has performed much better than I initially expected.

Currently, the price of the first cryptocurrency has reached the moving average MA200 and the upper boundary of the marked range.

[DylanWETH @DylanxWETH]

Considering that Bitcoin is undergoing a correction again, we can expect a break of the trend line in the next few hours (followed by a correction towards the lows or below).

Targets: $5,916 - $5,810 - $5,708 ☑️

Stop: $6,295 ✖️

[DylanWETH @DylanxWETH]

"$APT has entered a #SHORT 📉 position.

After the sell-off, the coin has shown a rather weak momentum and is currently approaching the established inclined support (local).

[DylanWETH @DylanxWETH]

Additionally, the price has reached the 1-hour timeframe's moving average ma50, from which it is likely to bounce off.

Targets: $0.666 - $0.634 - $0.605 ✅

Stop: $0.761 🚫

[DylanWETH @DylanxWETH]

I'm trying a #SHORT position on $SUI 📉

The coin is currently showing steady growth, but it has technically approached overbought territory and formed a bearish divergence (local).

[DylanWETH @DylanxWETH]

Targets: $0.540 - $0.557 - $0.575 ✅

Stop: $0.508 🚫

[DylanWETH @DylanxWETH]

I have taken a local long position on $STX 📈

The coin has been moving within a broad descending channel with an aggressive downward trend angle for quite some time.

[DylanWETH @DylanxWETH]

Over the past month, there have been periodic local divergences within this channel (along the marked descending trendline). Therefore, I expect the coin to show a small impulse towards the upper boundary of the channel, especially considering the presence of volume.

[DylanWETH @DylanxWETH]

I haven't set specific targets yet; I'll monitor the situation. If I sell the coins, I'll provide an update 🤝.

[DylanWETH @DylanxWETH]

$SUI repurchased on #SPOT 💼

I believe it's time to add this coin to my investment portfolio, taking advantage of the current dip.

[DylanWETH @DylanxWETH]

It's also worth noting that the price is currently within the target range for the correction of the impulse (listing), which significantly increases the chances of a bounce or trend reversal from current levels.

[DylanWETH @DylanxWETH]

An unknown miner hit the jackpot and single-handedly mined 6.25 BTC.

[DylanWETH @DylanxWETH]

BNB whale wakes up after a two-year slumber and sells 10,000 coins 👇

Previously, this wallet had already made a good profit by buying SafeMoon with 10 BNB for $2,400 and selling all the coins for $47.5 million.

[DylanWETH @DylanxWETH]

👟 #GMT continues to decline further

The price is heading towards the second target I mentioned back in October of last year. At its peak, the decline reached over -72%.

The price may decline even further. There is potential for it to reach the support level around $0.1085 📉.

[DylanWETH @DylanxWETH]

Under favorable conditions, the price may move upwards from its current position 🕯.

[DylanWETH @DylanxWETH]

🕯 #SYS is consolidating sideways

Syscoin belongs to the category of older coins. Its blockchain operates on the Proof-of-Work algorithm. There are no major backers behind the project, and no IDO has been conducted ❎.

[DylanWETH @DylanxWETH]

I don't see any notable prospects for growth on the chart at the moment, but there are no major obstacles either. Long-term consolidation on the weekly timeframe provides a good foundation for a potential upward movement 📈.