$btc is flipping from bullish to neutral when we close the weekly.
Played safe and I out of altcoins again after decent rise.
Patiently waiting the altcoins to form its top within this week.
As my account has a decent size, the last small wave up of this wave, is not for me
$SPCE back to $3 again. Today weekly close above $3, structure will remain bullish for next few weeks.
Still believe that Q3 and Q4 will be good for bulls who can patiently wait for the chart moving in great sentiment.
$SPCE 🚀
$SPCE price didn’t move down much but surprisingly sentiment is very bearish.
Daily RSI is already at 31.
Time to start accumulating more at this price.
$SPCE 🚀
$btc is going for one last wave to $82k to $87k within next few days before starting to retrace from 1st sept onwards. Momentum despite overstretched but still likely to push further as many big guys are still holding their short positions
$SPCE hmm market makers just nice daily close at $3.
We are going to see bigger movement to $3.40 or $2.60 direction. Now this structure is more favorable to the bears at the moment for next 1-2 week.
Yes but we are still 2.5 months away from next ER. So it doesn’t stop $SPCE to revisit $2.60 zone to tap on the liquidity before rebounding back above $3.40. Fluctuating range will start to widen next 2-3 weeks. No longer staying in the boring zone $3-$3.40. It will widen to $2.60 to $3.80. But now looking at the structure after last few days momentum, going below seems higher probability.
$SPCE 🚀
Yes bro. Just that last few days X are filled with crypto enthusiasts crazy with $btc gains. Liquidity are short in penny stocks and following to crypto and other related assets.
So $SPCE may not look promising if we couldn’t defend at $3 then we may revisit back to $2.60.
$SPCE 🚀
$SPCE we had closing between $3 to $3.40 for last 10 trading days. Really boring. Come on today or next Monday, show us the direction of daily close below $3 or daily close above $3.40z
$eth/$btc and $sol/$btc is overstretched with last one week movement.
If you are holding altcoins with good profits of more than 50% over last one week, will suggest to sell 30-50% first as altcoins will move down very fast when $btc retrace back below $70k after 1st Sept.