$GLM
I am monitoring both pairs (USDT and BTC).
The price is testing the downward trend line and is holding within the two demand zones I have highlighted.
If these areas continue to hold, an upward squeeze could occur, especially since there is still room above the trend line for possible expansion.
@ArdiNSC Look at weekly, we want it to at least partially fill up the previous week's lower wick! Then if price goes above 1.14 and maintains well above it, we are good to go.
$LTC
This coin, in theory, has the potential to rise much higher, but it has not yet shown the necessary strength. For now, it is only reacting: a correct, clean movement, but not enough to speak of real expansion.
The area I have highlighted is the level it must decisively regain. I want to see the price stabilise above that line, not just touch it and then fall back. When the market exceeds an important level and remains above it, it means that it is not just a spike, but that there is intention behind the movement.
In the coming days, it will all be a matter of confirmation: if volume enters and the price rests on that level without falling back into the range, then a serious expansion can begin.
On the weekly chart, the LTC/BTC pair is entering compression.
The price is tightening more and more within this zone, without losing the key level, and this is exactly the type of behaviour that precedes a significant directional movement.
The dynamics are very similar to those shown by XRP a few months ago: same slow build-up, same absorption candles, same 'silence' before the expansion. When the market stops falling and begins to compress horizontally, it means that liquidity is accumulating.
If it breaks this structure upwards, the move could be big.
This guy shorted $ASTER with his entire account when it was listed on Hyperliquid.
Including realized PnL, heโs currently down over $1 MILLION on this trade, with his liquidation at $3.35.
Will he make it, or will he get liquidated?
Address: 0xde5b8c8e713f7c29ec72c22a326d61e5ac76e402
Both #btc and #eth would be off so much better if they would nuke and sweep some lows first, but not sure I'll get it at this point. Taking a bit too long to my liking, holding shorts for now but might close if I don't like what I'm seeing. Will update.
$PENGU
Reclaims don't get much cleaner than this with invalidation of the setup being just few % away
This and $DOGE are my memecoin bets for the next couple of weeks / months
๐ง