#SUI
Why i dont really like SUI. SUI/BTC weekly
SUI has had solid marketing. But it just aint there yet. Similar to SEI. Great network. No adaption.
Maybe it will double bottom. But likely the wick will fill at some point.
#SOL
The move seems weaker, but the possibility is there. Bullish divergence. SOLBTC 4D. Classic reversal. The green trend is a multi year support. Since we are in a bear market, i dont expect a break out of the pennant. But to see some strength is likely.
Everybody push them bearflags now. Overlooking bottom is closer. Yes we can drop more, but focus on bottoming and DCA is mandatory now. A real issue would be if BTC hits 35k. What could be. Killing its growth curve. The next top would be sub 126K. For now we focus on strength
#BTC still valid
We can create a new bearflag from here.
But i think we will drop eventually:
Z 0,8-1.0 matches fib 0.618 and ema 200
Considered buy zone. We will see what happens there.
The power of SOL. SOL/BTC
No matter if we go down. Sol is one of the few tokens that shows strength. Many overlook the lower lows in the bear market of 99% of alts. Few to DCA. Another controversial look. If BTC drops monthly sub 60K -> BTC next bull top < 126K. 😉
#BTC more UP is getting more probable. Bullish divergence is the first sign of recovery. Now we need to see if 57-61K holds.
Just a nobody on CT😎. Fuck that. Follow your KOL and fake ass analysts
#SOL
This is why i started accumulating SOL.
One of very few tokens showing true growth. Probable higher bear market low. We could drop 1 or 2 levels and still form a higher low.
Link can do a similar thing, however more borderline. Most ALTS show NO such things!
#BTC make it or break it. Im leaning more long with strict invalidation. We see NQ and S&P pulling down BTC a bit, but BTC looks good actually with its first bullish divergence on the weekly. Another 60k touch is likely at some point. If that holds, thats a first sign of strength
#SOL/BTC
Besides the bullish divergence on the weekly SOL chart, also SOL hit support at the SOL-BTC multi year trend line. Not mean we go straight up. But SOL hit my accumulation trigger at ~60 bucks. Yes we could hit lower. But I expect SOL to gain strength against BTC slowly.
#SOL bullish divergence on the 4D and weekly. These are the signs we need for bottoming. BTC also shows this, however SOL has beter RR. This will not mean straight up. But possible bottom forming. My first large spot DCA. We need more time, ema reclaims, but solid signs👌🏼
#BTC be carefull calling this a bottom. I ended my large short. But maybe i shouldn’t have. No real reversal close.
Be careful who to follow😉 I even see popular bulls calling possible V shape recoveries. Its not that time shrimpy