@TheFlowHorse My youngest is 3, & I got water in my eyes just thinking of all the things I used to do with my kids when they were younger...
My 4 year old still tells me here & there, "Daddy, can you take me up the stairs like you used to when I was a baby", and I do it everytime she asks.
While many alts are looking terrible, a few are still looking real good on High Time Frames. They are:
$SNX , $MANTLE , $USELESS , $DASH , $CAKE , $TAO , $MORPHO , $ZORA
And if you notice, the Mid-Point of Former Range level that I have marked has held up very well in the last few candles, that's why I'm confident we will test the Top of the range. $BTC
$BTC is currently bullish on all time frames, the question is how will it react when it hits 70k or the Top of Former Range. Will it blast through or will it get bonked back down and continue to chop. Hopefully it will blast through so we can finally get out of this range!
Current thoughts on $BTC: Last 6-7 months of ranging and chopping has respected the Weekly Uptrend level, and 12H and above TF's are still all bullish. Daily uptrend level is 61.1k and 12H is 61.9k. Pay attention to the next few candles and we'll see if $BTC stays at this level.
IT'S TIME TO LOCK IN. If we can stay in this level we currently are at (Bottom of Former Range), or if we can go to 64.5k and then go down and hang around this current level around 62k, then expect higher sooner.
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Well, today was a fun day, but $BTC is looking very good. Just 10 days ago $BTC was bearish on all time frames below the weekly, and with the current move it's bullish on all time frames. This does not mean we will just continue to go straight up from here, but it does mean
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Crypto has been on hard mode; opportunities were few and far between. That will hopefully change soon. I've marked out some more levels on $BTC. Where $BTC goes from here is anybody's guess, but if we can stay above the level marked in the previous chart, then that would be good.
Ok, I'm back in action and the Crypto market is looking bearish at the moment. I will give $BTC and Crypto market updates in roughly 9 hours. Current level on $BTC to look out for is 57.7k - 58.2k. If $BTC can hold above this level at the moment we may see a move up.
As you can see, the Mid-Point of Range has held as Support the last two weeks, but the final boss is the Top of the range. That pop on May 20 was strongly rejected at the Range High, and as much as I would like to be bullish, we need to accept in the red area to get Bullish. $BTC
BTC and Crypto markets are in an interesting position currently. BTC and other majors are in a Up Trend ($ETH, $BNB, $SOL, $TON), but most other alts are in a Down Trend. I am currently still using the same levels I did in my April 17 tweet and added more levels to it. $BTC
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Current thoughts on $BTC
I can see us wick close to 64k, but 63k is very strong resistance currently. Good time to get out of longs/spots right now. Chart later. $BTC
BTC and Crypto markets in general are not looking too good. I will continue scanning the markets for buying opportunities, but currently it ain't lookin' too hot. Around 61.7k - 62.1k is resistance. If BTC is able to reclaim that level,then we'll go from there. $BTC
For around the past 6 months, BTC has been stuck in this 25% range. Even though BTC is bullish on all time frames as of now, it needs to break out of this 30.3k - 31k weekly resistance for some serious fireworks. $BTC