Nailed it so far!๐ฅ
Now it's all about this support line.
Bullish divergence, an oversold daily RSI & intact channel support could favor a short term bounce.
I've outlined two possible scenarios.
Let's see what the market chooses...
#BTC#ALTS#Crypto
Hey everyone,
I havenโt posted in a while, but this update feels important and might help some protect their savings.
Based on my analysis, #Bitcoin ( $BTC ) seems to be nearing a strong correction. A short-term move upward is still possible, but that would be highly speculative. If it happens, I expect it before mid-December, likely driven by a wave of retail euphoria.
#Ethereum ( $ETH ) is showing a bullish structure that could lead to a short rally, along with altcoins like $SUI, $SEI, and other hype-driven assetsโsome stronger than others.
However, before the end of the year, I expect a major market correction that could last through most of 2026. More than 70% of current #Altcoins may lose relevance and never recover.
Stay cautious and manage risk wisely.
I warned you!
Mass euphoria is the best indicator of a downturn.
The alts did not perform as expected and instead of a mini rally we slipped straight into a bear market.
The rest stays the same. Take care touch some grass the next real time for crypto will be 2028.
#BTC#ALTS
I definitely agree with your view on BTC!
1. Bearish divergence on the weekly TF
2. Weekly close under the 50 EMA
3. Rising wedge on both the daily and weekly TF
4. Breakout from the upward channel that has existed for 3 years
5. First sell signal on the Alpha Trend since January 2022
I think it will play out as you said. We might see a short-term recovery in BTC price toward 110โ115k. That would be a retest of the channel and the rising wedge, and at the same time complete the right shoulder of the potential head & shoulders pattern.
#TOTAL3 ( $Alts ) 1M chart
Just look at this giant Cup & Handle ๐
We still have 10 days to break out of it this month and retest the breakout level in September (Breakout-> Retest -> Continuation).
Full Send in October-November ๐
๐ฏ Targets: $1.48T - $1.77T - $2.23T
Congratulations on the incredibly successful IPO of one of the biggest investors in $SEI, Circle, which hit a market high of $59B today on the heels of Senate approval of the GENIUS act for stablecoins.
Stablecoin issuers like Circle are starting to recognize Sei technology as a driver for their next stage of growth.
Circle holds more $SEI tokens than any other token on its balance sheet according to its IPO filing.
#Sui is going to eliminate #Solana in the next few months! ๐ง ๐
Do you now understand why I'm bullish on $SUI/USD (basically waiting for $SUI to reach double digits) and bearish on $SOL/USD expecting a lower high at $190-230 ?
Now it all comes together when you look at this chart - $SUI/SOL 1W printed a giant Cup & Handle ๐๐
We're gonna break out guys. With great force. $SUI will pump and $SOL will be left in the dust.
T3 & T4 ๐ฏ ๐ ๐คซ