Crypto Strategist & Investor | Airdrop Scout ๐ฐ๏ธ
โDaily market commentary & TA. Occasional memecoin gems. Navigating the charts so you donโt have to. ๐
$H just printed a 268% move off a textbook Bollinger Bands compression.
Open 0.07225 โ High 0.08768 (+20% daily, 27.76% range)
$VELVET showing a similar setup brewing on the 4H โ holding mid BB, room to $6 if structure holds.
Pattern-based, not hype-based. ๐
Me in 2023: "crypto is the future of finance"
Traditional finance: "lol markets close on weekends"
Me in 2026: "@PythNetwork said hold my oracle ๐ญ"
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The future didn't wait. ๐งต๐
Structure on $VELVET is holding perfectly.
The $1.56 level remains the line in the sandโas long as we hold that, the setup for another leg up is valid. Keeping the SL tight at <10%.
Looking to capitalize on the next push.
Are you positioned for the continuation?
$VELVET
The consolidation phase on $VELVET finally resolved exactly as planned.
Patiently waited for that structural confirmation before executing.
Always better to wait for the setup to meet you than to chase it.
I am taking profits here..
Do you think this a HIGH or NOT?
$VELVET
Iโll be monitoring this for the rest of the day.
Do you think we hold this $58.8k floor, or is the lack of institutional demand too heavy to overcome?
Let me know your thoughts...
$BTC
On the 1D $BTC has been slamming on support and has refused to break.
Adding the 1D chart here for macro context. Notice how the price is interacting with the lower boundsโthis is exactly where the exhaustion is coming from.
The 5D BTC is at base.
If you ask me, I'd say we are heading up first.
My first target, $62.5k
At $58,856, we have a clear line in the sand. If this breaks, the structural thesis is invalidated.
We are still in a downtrend overall
The consolidation phase on $VELVET finally resolved exactly as planned.
Patiently waited for that structural confirmation before executing.
Always better to wait for the setup to meet you than to chase it.
I am taking profits here..
Do you think this a HIGH or NOT?
$VELVET
$VELVET is the wild one.
Pumped from ~$0.056 all the way to $1.89. Then dumped hard โ classic.
But where it's sitting now (~$0.55) after all that? Still holding structure.
Waiting for a pullback to the $0.408 area before I consider an entry.
Patience is the edge here.