Important short term🧵
BTC RSI not showing good signs, NEG divergence
#BTC HAS BEEN LEADING the rally but it's weakening
We've posted on this
TOTAL 3 doing ok
#memecoin running usually @ end of runs
#bitcoin MUST hold support levels
MUST hold number is 18kish
---
2
DXY running & RSI over 50 again
BAck to #crypto
TOTAL = ALL including
BTC &
ETH
Not showing recent strength of Total 3 = #altcoin
They all still have a ways to go to break down trend
Although #BTC HAS done it on it's own
#bitcoin has been LEADING until now
Rest time?
---
3
BTC broke downtrend not long ago & struggled
24k has been issue = MAJOR RESISTANCE &
NECKLINE for Inverse Head & Shoulder = BOTTOM
Now
ETH RSI looks ok
However HUGE resistance @ 1700 area
#ETH hasn't broken downtrend
---
4
BTC is to
DJI =
ETH is to
NDX
#DJI broke out before #NDX did
Very likely #BTC broke already & #ETH will follow
We'll likely take another month or so to realize the bottom
TOTAL 2 = No #bitcoin, includes #ethereum & #altcoin, looks ok
We'll see how all pans out
Gnight
#BTC HAS BEEN LEADING the rally but it's weakening
We've posted on this
#memecoin running usually @ end of runs
#bitcoin MUST hold support levels
MUST hold number is 18kish
---
2
BAck to #crypto
Not showing recent strength of Total 3 = #altcoin
They all still have a ways to go to break down trend
Although #BTC HAS done it on it's own
#bitcoin has been LEADING until now
Rest time?
---
3
24k has been issue = MAJOR RESISTANCE &
NECKLINE for Inverse Head & Shoulder = BOTTOM
Now
However HUGE resistance @ 1700 area
#ETH hasn't broken downtrend
---
4
#DJI broke out before #NDX did
Very likely #BTC broke already & #ETH will follow
We'll likely take another month or so to realize the bottom
We'll see how all pans out
Gnight
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